Rabbu, a new smart home platform for renting out spare rooms

February 20, 2019

Emir Dukic and his wife bought a house in the city center of Charlotte, North Carolina, while Dukic was working in software. The in-law suite they purchased was above a detached garage. This is similar to how many homeowners around the globe who list on Airbnb earn an extra income.

The hope for a little side money turned into a real hustle as the garage unit ended up generating enough revenue to pay their mortgage each month. According to some calculations, the spare bedroom market is quickly growing to more than $170 billion, just in the US.

In 2016, the company that Dukic was working at was acquired, and he was looking for his next move.

“Then I realized I already had a business in my backyard. My initial thoughts were, 'Can I replicate this? And is it scalable?'” Dukic pondered.

To test his idea, Dukic visited property owners near his area and offered to paid them a premium on their monthly rent if they allowed him to turn their extra home units into short-term rentals. He successfully on-boarded a few in late 2016 and brought on CTO and co-founder James Strong to build a platform to automate and manage the properties.

Dashboard E1550502546113

The startup, Rabbu, quickly grew to 25 properties in 2017. They offered a curated hotel-level experience for guests and a turn-key experience for property owners, taking on guest communication, cleaning, listing, and repairs and maintenance as necessary.

Rabbu currently offers two plans: a fixed plan where property owners sign a 12-month lease contract with monthly payments, and a flex plan charged on a per-booking basis.

Read more here

Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.

Property Portal Watch Bangkok Conference, Mar 19-21, 2019

February 20, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Cooperrocketacq 1
Rocket to Acquire Mr Cooper Mortgage Service for $9.4 Billion

Rocket Companies has announced a $9.4 billion all-share deal to acquire Mr. Cooper, the largest mortgage servicer in the United...

Read More
Scout24 German Houses 2
Scout24 Closes Another Data-Focused Acquisition

Germany-based marketplace operator Scout24 has continued its expansion into real estate data with the acquisition of Austrian proptech firm ImmoUnited....

Read More
People Roundup 28Mar 3
People Roundup: Aviv Group, Pisos.com, Kleinanzeigen, REA India, Anjuke

There have been several high profile C-suite moves in this week's People Roundup. We'll start in Europe...   Europe: Aviv...

Read More
Product Update 2025Mar28 4
Product and Services Roundup: Zoopla, ViewIt

This week's Product Roundup starts in the UK, where it's all about Zoopla...   UK: Zoopla's MyHome product is used...

Read More

Editor's Pick