All Forum Posts by: Anja Schaer

Hi Marc, We do use a Keurig in our STR/MTRs, and our guests really appreciate the convenience. That said, we also provide a variety of coffee options like a traditional drip coffee maker and French press to cater to different preferences. A mix of options seems to get the best feedback!

As an STR/MTR host & co-host in the Metro Atlanta area, I'd be happy to share more tips on setting up your space for success if you're interested!

Hi Buck, It can be tricky to project revenue for a unique property like a lakeside one in an area with mostly lower-level STRs. AirDNA might not be an accurate reflection of your potential, especially if you're in an underserved market. Since you're a unique offering, it's possible to outperform their estimates, just like Garrett mentioned.

To get a more accurate projection, consider adjusting for your property's uniqueness. You can start by setting competitive rates, offering excellent photos, and tailoring your amenities to what lakeside guests might want (kayaks, fishing gear, etc.). Also, keep in mind any local events or peak seasons that might influence bookings. If you'd like help with fine-tuning your strategy or optimizing your listing, feel free to reach out!

Hi Aaron, Congrats on your new vacation home! For STR insurance, I recommend using a specialized policy for rentals like Proper Insurance, Foremost, or Kin Insurance. These companies provide liability and property coverage specifically for STRs, and some even offer guest damage protection.

As for wind and hurricane coverage, it's crucial in Florida, especially in areas like Orlando. Wind damage can still occur, even if hurricanes aren't as severe inland. I suggest speaking with an STR-specific broker, such as Fudge Insurance, to tailor your coverage to your needs.

Hi Joel, AirCover may help with small claims, but standard homeowner's insurance won't cover STR-related damages. If your insurer finds out, they could deny claims. STR insurance is designed for these risks, offering protection for both damage and liability.

As an STR/MTR host in the Atlanta Metro Area, I recommend getting proper STR insurance for comprehensive coverage. If you want to discuss options or need guidance, feel free to reach out—I'd be happy to help!

Hi Jacob, For your syndication or capital raise, start by defining clear investment goals and structuring the deal to outline roles and returns.

As an STR/MTR host and co-host in the Atlanta Metro Area, I also recommend considering a hybrid co-hosting model. By marketing properties to insurance and corporate housing partners for mid-term rentals, you can earn 2-3x long-term rent, reduce turnovers, and minimize wear on the property, providing steady income. Let me know if you'd like more details!

Hi Dan, Congrats on your upcoming STR! As an STR/MTR host and co-host in North Atlanta, I recommend streamlining your tech stack with tools that help manage both short-term and mid-term stays.

For PMS, I like Hospitable and Guesty — both great for automating bookings, messaging, and team coordination. For direct booking, Boostly is a solid option.

As you grow, consider integrating mid-term rental marketing for steady income with 2-3x the rent, as well as less turnover and wear. Feel free to reach out if you need more insights!

Hi Nick,

As an STR/MTR host and co-host, I recommend using a co-host initially to help manage tasks locally, especially if you're remote. It provides a solid foundation and ensures smooth operations.

Additionally, you might want to explore marketing to corporate and insurance partners for mid-term rentals. This strategy can provide 2-3x the long-term rent with steady, less stressful income and no turnover.

Good luck with your first STR! Feel free to reach out if you need advice.

Quote from @Matt Mertz:

Quote from @Anja Schaer:

 We're just winging it.  :)

Compared to some 1 bedroom comps in the area, we think we'll be ok.  We're focusing on providing a high-end experience, being pet friendly and leveraging the fact that it's in town to help drive occupancy and ADR.

Sounds like a solid plan! I totally agree that offering a high-end experience and being pet-friendly can really set you apart. Pets are a big draw for many travelers, and being in-town gives you that added advantage for both occupancy and ADR. You're on the right track!

Hey Cody, as an STR/MTR host & co-host in the Atlanta area, I'd suggest offering discounts for weekday stays, like a "Book 2 nights, get the 3rd free" deal, or a percentage off for longer stays. This can attract more weekday guests. You can also use strike-through pricing to create perceived value. Additionally, highlighting the benefits of midweek stays, like quieter surroundings and better prices, can help attract more bookings. Adjusting pricing dynamically with Pricelabs is key for staying competitive. Best of luck!

Let me know if you'd like to brainstorm more strategies or share what’s working for you!

Hey Tom, as an STR/MTR host & co-host in the Atlanta Metro Area, I understand the importance of solid coverage. A $1M policy limit is generally sufficient for most STR properties, but I understand your interest in securing an umbrella policy. Since you don't have a primary residence, getting an umbrella can be a bit tricky. One approach is to secure a renters insurance policy for your STR, which might make you eligible for an umbrella policy, even if you don't have a primary home.

If Foremost isn't an option for umbrella coverage, it might be worth working with an independent agent who can help you bundle car, renters, and umbrella coverage together. This could help streamline your policy management and give you the peace of mind you need. Given your high income, protecting your future earnings is smart, and having that extra layer of protection can reduce your exposure to liability. Feel free to reach out if you need more insights on finding the right coverage for your STR!