All Forum Posts by: Brian Barch

90%?

What’s funny is prior owners were booked well in VRBO only!

Quote from @Mark S.:

@Matthew Paul As an owner, that would make me suspicious and be a no-go. Why would anyone care if there was a camera at the door if they weren’t bringing in pets, extra guests, etc.? I own a number of STRs and need the WiFi connected to monitor things like the HVAC (occasionally guests need help with settings), propane tank levels, etc. And the WiFi doesn’t need to be disconnected to not turn on the TV.

And no, I don’t ’check up’ on guests with the camera unless I have a reason to believe there is an issue.

But I agree with others - I wouldn’t have a camera at the back ‘hang out’ area.

Agree with you here. I too had a guest disconnect the internet which caused me to reach out and make sure everything was okay. In general that’s a little suspicious to me. 

and yes, camera in the back is a no go. Entrance is fine

We do, and frankly guests expect it. 

I know you already stated this, but answers are dependent on too many factors that I can’t see how the responses would be helpful to you.

I’d recommend typing some prospective addresses into awning.com and airdna and triangulating the results, combined with looking at some competing calendars on Airbnb 

Southern Appalachians - strong demand still, Dec is 86% occupancy

In the crudest of ways, I almost equate STRs to stocks and LTRs to bonds.

One has more potential, but also more risk, and is more of a discretionary spend for customers vs necessity.

that said, it’s more nuanced. Personal use, time, using a PM vs not, market, time horizon.

STRs are certainly going through a bit of a shakeup, and are more beholden to zoning laws

This appears to be nothing more than a strategic short sale of sorts….declaring BK solely for the purpose of breaking expensive leases in a down market

I think a lot needs to be said of expectations. Real estate has historically been a long term play.

this idea that someone who otherwise never cared about real estate, can simply dial up a realtor and buy instant 4 digit monthly cashlfow is something born out of YouTube. To anyone who ever thought that, there window of luck ended with 3% interest rates.

I bought a year ago. Business is robust and perhaps even moreso this year vs last, however it’s hard for me to tell how much of that was due to being new. My booking leadtimes have gone from 2 weeks to 2 months which is great. 

We also use often for personal use, so in that sense, I had nothing to lose.

I’m in Clayton, which has a bit more to do for the outdoor enthusiast, but overall similar to your market.

we do get weeklong stays. Maybe 8 a year if I had to guess. They tend to be people that get really deep into the outdoors (whitewater rafting, Tallulah gorge, black rock state park, wineries, zip lining, etc). Lots of 3-4 day stays as well.

Quote from @Matt Schreiber:

@Brian Barch Nice that's great. Which market is that? 

Rabun county ga