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All Forum Posts by: Chad Rakestraw

Chad Rakestraw has started 10 posts and replied 18 times.

Post: Beyond vs price labs

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Did you use another platform before them?

Post: Beyond vs price labs

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Did you switch from another platform to price labs?

Post: Beyond vs price labs

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Hey BP world, we have STR portfolio here in the DFW metro and we're looking at changing from Beyond pricing to Price labs. Beyond charges the 1% of bookings vs the flat $80 fee with price labs. It would save us hundreds of dollars per month. Looking to hear from any hosts that have made that switch and what impact it had on your bookings positively or negatively. Thanks ahead of time.

Post: The best Floor plan & Design Software

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Hey there, looking for recommendations on the best (cheapest) floor plan and design software you have used?

Post: Looking for a Real Estate CPA

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Looking for help in finding a Real Estate specific CPA in the Dallas/Fort Worth area. Thanks for the help ahead of time. 

Post: STR Cash out refinance under LLC or individual name

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Got it, I had read about the quit claim and will do more research on it. Thanks Bob.

Post: Short Term Rental Financing

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

The problem we have run into, is when you are putting it under your LLC, the rates and terms get worse. They wanted 25% down, would only take long term rent projections and gave us a pretty high rate. Anyone in the STR market had lenders that would lend on better terms under an LLC?

Post: STR Cash out refinance under LLC or individual name

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Great info, thanks Jay. So what your saying is we would need to close them in our personal name and then deed them over to the LLC after? Is that called a quit claim deed?

Post: STR Cash out refinance under LLC or individual name

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Looking to cash out refi a STR property we have held for almost 6 months. Have a business partner and it seems like the terms we get to put it under our LLC are quite a bit worse than putting it under our individual name. But if we did that, theres also the liability. Any advice or insight is appreciated.

Post: Allow renters to have trampolines

Chad Rakestraw
Pro Member
Posted
  • Investor
  • Highland Village, TX
  • Posts 19
  • Votes 7

Do you all allow renters to have a trampoline at your rent houses.