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All Forum Posts by: Anita Z.

Anita Z. has started 12 posts and replied 27 times.

Post: How do you screen an STR tenant ?

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15
Quote from @Michael Baum:

Hey @Anita Z., so I don't truly screen the guests like you mention. In the end you always roll the dice on guests.

I don't allow instant booking. I chat with each and every guest wanting to book the place before they actually book it.

I find this screens out any guests that could have issues and lays the groundwork for a great stay.

It also weeds out folks (in our case) that aren't understanding the distance to town and certain activities in our area. I do have folks that don't book because of that.

That is a good thing as not understanding the distance to get places will create bad blood and cause those 2 and 3 star reviews which no one wants to see.

Like , our place isn't cheap so we don't get the folks that destroy places.

The bottom line is that you are renting out an expensive asset to strangers for 3-10 days or whatever. You just need to get your head around that and push on.

@Michael Baum @Grant Woodward @John Underwood @Bruce Woodruff @Terry Ouimet   

@Andrew Street @Patricia Andriolo-Bull @Andrew Steffens @Jake Baker Appreciate all the valuable input from your experience!  For those who are charging higher nightly rates, where would you say your rates are vs comps to try to weed out the trouble guests?  Do you request the ID verification on your own, or is that via Airbnb? How is that done, is it just asking them to send you their drivers license?

Post: How do you screen an STR tenant ?

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15
Quote from @Patricia Andriolo-Bull:

I think we are in the minority.  I am in your camp and don't check backgrounds.  Further, I don't trust other host reviews.  I just had a 4.5 star guest that was an awesome guest and left me a great review.  I've had 5 star guests that were awful. I charge higher nightly rates and don't have large properties that can bring unwieldy guests.  I heard so many horror stories from hosts but I have never had an issue, knock on wood.  I get an insurance policy for each guest so if they break anything, I feel covered.  I've almost never used it.  


 Thank you so much. Do you get insurance for each guest via Airbnb/Vrbo ? Assuming that is an additional charge? Also, are the guest reviews available once you sign up and become a host?  Do the guests have access to see their own reviews by hosts?  I wasn't able to find/ see my own reviews as a guest.

Post: How do you screen an STR tenant ?

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

Just getting ready to post my 3 bed/2 ba home as an STR in San Diego. I'm wondering how do you all screen your tenants? I believe Airbnb and Vrbo dont do credit checks is this right? If so, how do you trust you're getting a quality tenant that is safe?

Post: Architect / Engineer recommendation in San Diego?

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

Hey everyone, I'm looking for a solid Architect or Architect Engineer recommendation for a project in San Diego.  Would love help with some recommendations in the Crown Point /Pacific Beach area in San Diego. (There's so many out there!)  Just bought a small house that we want to add on to become a three story/3 unit/triplex with a good style, but nothing "dream house" like, just a good solid timeless style.  Any help would be so much appreciated. Thank you!!

Post: How often Should I increase Rents for existing good renters?

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

Thanks @Theresa Harris, @Jake Andronico and @Bill B. for the tough love comments :-)

It all makes good sense.  

Post: How often Should I increase Rents for existing good renters?

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

Thanks @Kevin Sobilo, I hadn't thought about the inflation factor-which is impactful.  Great info thank you so much.

Post: How often Should I increase Rents for existing good renters?

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

I'd love to get info/opinions on whether there is a "standard" amount of time to increase rents in the Bay Area for Single Family Homes.

How do property management companies/landlords handle rent increases for existing renters? 

I was previously increasing every 5 years , but think I may need to shorten this amount of time, as I near retirement and could use the income.  I have many long term renters that have been in the homes paying on time, so my question has to do with increasing rents for existing good long term renters.

I don't want to lose good renters. I truly want to help good renters out where/when I can.

What is considered a reasonable amount of time for an increase (would be 10% increase), w/o putting my self in a position of trying to catch up to market rents at some point in the future. Also, considering that new propositions may pass that would limit/restrict future increases.

Look forward to hearing from landlords, investors, previous/current renters and anyone else to help me determine what to do. 

Just trying to be smart, considerate and do the right thing all around.

Thanks.

Post: Real Estate Investor Tax write-offs

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

Thanks @Tanner Pile, I wasn't aware of the BP Tax book. Is it accessible on this forum?

Post: Real Estate Investor Tax write-offs

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

Sweet! Thanks @Jason Malabute ! Appreciate your input here, this is so helpful!

Post: Real Estate Investor Tax write-offs

Anita Z.
Pro Member
Posted
  • Posts 27
  • Votes 15

@Bill Hampton @Account Closed 

@Benjmin Weinhart @Sean O'Keefe  Thank you so much, the expenses are legitimate and I am only traveling due to the investments I want to purchase San Diego. Sounds like I can safely write them off only after I purchase the rental and start the renovations to ultimately rent it out. I  appreciate all the responses, thank you.