All Forum Posts by: Dave Ramirez

Some good advice here. Happy to help with any specific questions. Do you have any contracts?

I like Podio overall but Hubspot seemed to have the best Gmail integration

@Eric A. How much is the balloon at 10 years? 

Now that I know STR Investors are looking for $1000+ a month, my property is not what they are looking for

Thanks for all of the feedback. I think I’ll get it ready for sale and see if an AirBNB Investor has any interest

I thought real estate professionals were the greatest marketers in the world and creative and would help me sell property to a specific target market. I also will be looking to understand how Airbnb professionals think at some point maybe I would make a decision to buy an Airbnb property. I don’t think I’m the type of ******* you described in your bowl analogy. Could you please go find someone else’s post who enjoys your ******** thank you

The price is at a 6% discount because I am not using a realtor. How do I check all the boxes for a AirBNB investor?

What kind of cash flow do you need? Thanks for the comment

I have a two bedroom 5 miles away from Dulles International Airport (IAD)  and 5 miles from Metro stations (DC Silver line)

The property is 2 BR and has two Master Suites and a Full kitchen and Dining room.

The Basement could easily hold another bedroom but there the laundry room would have to be refitted as a full bath.

Purchase Price is $350K

$1800 a year in insurance

Tax rate is 1.15%

Assume 4.5% mortgage

HOA - $80

PITI @ $2300

Average Bedroom rate is $55 per night

Assume 20 nights per month 

3 bedrooms

$3300 steady state Revenue

Here is the list of things i would be willing to pay for:

Upgrade to Kitchen - Countertop and Appliances

Upgrade to basement - Put in Full Bath and Stacked washer/dryer

 50 inch LED TV for living room and Basic Verizon FIOS for wifi and cable Utility support for six months

$100 of Uber Gift cards for 12 months for your guests

Good Coffee and Great Meat & Cheese monthly baskets for 12 months

Make sure your revenue matches $300 + PITI for the first six months

What am i forgetting....

i need to sell in August / September so i have some time to deliberate.

The short answer is don’t get used to your CRM because your business is going to evolve and grow. WHEN you go through these growing pains start looking (or creating) a CRM that matches the workflow of your business ... and not the other way around. Use excel, thumb tacks and rubber bands now. Figure out how you best reach out to potential sellers and then worry about having too much success. This isn’t an exercise in corporate formation with C corps and LLC’s that has to be done right the first time. This is an evolving tool in your business.

If you're gonna call you might as well text and slydial as well for follow up calls to mobile numbers. You can check if the number you have is mobile or landline here - https://www.phonevalidator.com/  (free service)