All Forum Posts by: Daniel Leader

Went live over the weekend with my listing. It’s a 4/2.5 that can sleep 8. Put a 29 day max on the listing but have a request to stay for a month or more. No request for a discount. 

Maybe it’s my rookie nature but I’m skeptical of the months long rental and also don’t want to run into any de facto long term tenant issues. 

Anyone have any experience here? I’d love to take the $5,200/month. My goal is to make $3600/month gross rent (60% occupancy) so this would exceed it obviously. Would also plan on having my cleaner there every other week to lay eyes on the property. Platform is Airbnb. 

Curious to get thoughts on this scenario. 

Thanks!  

Anyone had any experience with the paid version of AirDNA’s data?At first glance it looks really good but wondering if I should dig deeper.

I have also heard there are a number of apps for pricing, booking, automated communication with tenants, etc for STR. Curious what apps people might recommend.

Have a couple of STR targets and I'm moving into this space from flipping. Feels like a huge learning curve.

Thanks!

@William Beck

Thanks William. Regulations are what concern me the most. Would like to do a long distance STR in a town that's only about 2.5 hours from me. Have some resources there but the lack of knowledge on regulations a big concern. We'll see what I can dig up. Thanks!

@Patrick McCabe

Thanks Patrick. I’ll check those out.

Just got my second flip under contract with my third in process. Now that I've got some more cash, I want to invest in a cash flowing short term rental in a vacation town. My aunt and uncle live there and their STR is their primary income source.

Any book, app, or other resources anyone can point me to on short term vacation rentals?

Thanks!

D. Leader