All Forum Posts by: Andrew Bosco

Hey @Bailey Kramer. Tons of success with ALE. I am a preferred partner with them. It's about building the relationship and adding value where present. I broker many of their placements in the northeast. Happy to chat if you need some advice!

best tip is to put all your housing on their website https://www.alesolutions.com/register-housing/ and then if someone eventually reaches out - just own that relationship. NC gets a lot of love so just be ready to pounce. 

Hey all, 

What would you consider are the MUST have tools to scale a STR business? Here are some noteworthy tools that I've used and looked into;

1. PMS: Hospitable / Guesty

2. Dynamic Pricing: Pricelabs

3. Task MGMT: Breezeway (im 50-50 on this one. I underutilize it)

4. Guidebooks: Ruebarue  (not used, but been told is great)

5. Slack: Team comms (love this)

6. G-Suite: Document Repository

7. Channel MGMT: Uplisting 

Hey all, 

For those of you that are actively buying or have purchased a "Mom and pop" Inn or motel - what metrics matter the most to you? How does your underwriting look? 

I'm an active multi-family buyer/investor and vacation property owner. Just looking for subtle nuances that may be not so obvious in my underwriting. 

Hey there. I Run a MTR/STR on Seabrook beach. I never have a vacancy and the property performs well. Highly recommend!

I wanna hear the good, the bad and the ugly from everyone. Do you allow 30 day stays? Are you against them

Hey all! 

Simple as the title makes it - favorite social media real estate channels? Give your reasons as to why you love it!

 submit your housing requests and just keep building that relationship. Took me 2 years - now it has paid off. 

I like turnkey for house hacking. To live rent reduced, net 0 or potentially cash flowing positive is attractive so I can focus on other things. You will pay a premium, but stabilization is good. For some, stabilizing a property and learning the rental path can be difficult in tandem, so for house hackers I say go turn key. Turn key also works for investors that are absentee if their goal is to park money/defer on taxes. It just depends on your strategy. 

Hey all! 

There is a ton of buzz about being an ALE Partner. I've helped place roughly 10 claimants internally and brokered a few others. Here's somethings to know; 

1. Most claims are in rural areas in my experience

2. It's an ALE rep relationship game that takes months to contact

3. Around 30% of the claims fall through due to financing or claimants decisions 

4. It's all about networking with local PMs and having a large basis to pull from. 

5. Most claimants are in very tough situations. It's a hospitality gig. You need to be sensitive and empathic when dealing with others who go through trauma. 

I just include language in the lease about utility usage and cap. I look at what the average is for an LTR and make sure it is known. I also have a no windows open clause while heat runs.