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Updated almost 3 years ago, 01/22/2022
Paul SandhuPoster#4 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
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How do people react to your STR pricing?
I've got a 14 unit residential apartment complex with a billboard out front. "Furnished apartments, all bills paid, weekly rate". I get calls from people that are looking for a LTR, and that's what they think these are. I tell them $500 a week.
Sometimes the line goes dead.
Sometimes they ask me if I'm high or what I'm smoking.
Sometimes they say "You are rolling in the dough, now I understand what your places are for."
Today someone called me with their phone on speaker. I said $500. I heard someone in the background say "Oh my God!"