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Updated over 4 years ago on . Most recent reply

User Stats

53
Posts
35
Votes
Alexander Schloe
  • Investor
  • Colorado Springs, CO
35
Votes |
53
Posts

What do you wish you knew before starting a STR or AirBNB?

Alexander Schloe
  • Investor
  • Colorado Springs, CO
Posted

Hello BP Community, 

My business partner and I are currently under contract on a Triplex 1 block from the beach in the Panhandle of Florida. It's an excellent property because it will cashflow well as a LTR, but substantially better as a STR. One of the 1bd/1ba units is already listed on Airbnb and is doing quite well. We plan to self manage the property and have been learning a lot about automation and systems such as IGMS. What do you wish you knew before starting an AirBNB? What tips and tricks have you learned along the way to make it a smoother, less time-consuming process?

Thank you for your time, 

Alex Schloe 

Most Popular Reply

User Stats

53
Posts
35
Votes
Alexander Schloe
  • Investor
  • Colorado Springs, CO
35
Votes |
53
Posts
Alexander Schloe
  • Investor
  • Colorado Springs, CO
Replied

@Julian Sage Appreciate the feedback and resources. We are certainly trying to automate as much as possible! 

@Melissa Wesling Appreciate the advice! 

@Mike Shemp That is awesome congrats on the recent purchase! Hope all is well! Man, that is excellent feedback all around. I appreciate you taking the time to share that with us! The customer is always right haha! 

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