All Forum Posts by: Craig Gerulski

Yes, many hosts of short-term rentals (STRs) use inventory management systems to track supplies effectively. These systems help ensure that essential items like toiletries, linens, kitchen supplies, and cleaning materials are adequately stocked and maintained. Here are a few popular options for inventory management in the STR industry:

1. Smartbnb: Smartbnb offers tools for automating messages to guests, but also includes inventory tracking features. It can notify hosts when supplies are running low and help keep track of usage over time.
2. Hostfully: Hostfully provides a comprehensive platform for managing vacation rentals, including inventory tracking. It allows hosts to list all items in their property and update quantities as needed.
3. Properly: Properly is known for its cleaning and property management features, but it also includes inventory tracking capabilities. It enables hosts to create checklists for cleaners and track item usage.
4. Trackbnb: Trackbnb specializes in inventory management for Airbnb hosts. It allows hosts to manage inventory across multiple properties, set alerts for low supplies, and track expenses related to supplies.
5. Breezeway: Breezeway offers a software platform that includes cleaning and maintenance management, but also allows hosts to track inventory and automate supply reordering.

These systems typically integrate with booking platforms like Airbnb and Vrbo, making it easier to manage both guest bookings and inventory in one place. They can save time, reduce waste, and ensure that guests always have a comfortable stay with all necessary supplies available.

All the positive replies are from accounts that have just been created right before posting.  They have no other posts on BP.  Stay away from this fraudulent company.  

Happy New Years BP!  I am bringing a couple short term rentals online in the Fountain Square area of Indianapolis. Does anyone have referrals for good cleaners around that area?  Thanks in advance!

@Ryan Kelly is there any work arounds?  Is it possible to do a homestead or 2nd mortgage to qualify for the type 1?

@Joe Splitrock @John Underwood They don't answer any of the calls, voicemails, or emails.  That's why I am reaching out on the forums.

Hey BP,

Does anyone know if the city is issuing the non-owner-occupied STR permit, which Austin calls 'Type 2'? I am looking to purchase a property to STR but want to make sure it goes along with current regulations. The city site is not very helpful on how many permits are available or if they are even issuing these anymore. Thanks in advance!

@Justin R.I had a great experience with @Grant Schroeder!  I was in a unique situation where all my income for my rentals was from Airbnb.  Many lenders had issues qualifying me for my refi.  Grant worked closely with the underwriter before submitting the application to figure out exactly what we could use and how to qualify me.  He is an investor as well so that helps him come up with creative options as he knows the game.  Highly recommend using Grant.

Hello Fellow Hosts!

I really appreciate this community and how much great advice is shared daily! I would like some feedback on my situation below:

I personally own a couple STR's and also started a company with some Arbitrage units. I am about to take on some co-hosting clients and need some help/suggestions on how to structure the contract.

1. 1. How do you handle payments? Do you collect the payment then pay the client? Or do you have the client collect from Airbnb and then bill them?
2. 2. Do you pay maintenance out of the profits or bill this separately to the client?
3. 3. Does the client set up utilities in their name?
4. 4. What kind of reporting and tax forms do you provide?

Thanks in advance!!

@Matthew Hughes that's awesome to hear!  I am working with Robin and have had a great experience.  It is almost to good to be true.  I'm glad to hear from someone else that has worked with him.

Hello Fellow BP Investors,

Has anyone heard of the company "Search Stayz"?  This is the link to their website: https://searchstayz.com/

I had someone reach out to me about putting my properties on their site.  I had never heard of them before but got a couple huge bookings already in just a couple weeks.  It is different because they set up your listing and do all initial guest communication.  I am not sure if that is a good or bad thing yet.  Let me know if you've had any experience working with this company or hosting their guests.  Thanks in advance!