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All Forum Posts by: Drew Clayton

Drew Clayton has started 11 posts and replied 69 times.

@Chelsea Monk, I haven't heard of Xero before; I'll check it out. If it doesn't have an existing connection to a given financial institution, how do you get transactions into the system from them? 

@Eric Mcginn thanks for the update. The prices on the mountain have gotten so crazy in the last two years, so it's hard to imagine most of them making financial sense unless you had a super strong occupancy rate. But I also wonder if the same factors that drove a lot of people to buy and move up there have also increased STR demand as well.

@John Underwood, I don’t have any STRs yet, so excuse the newb question. Is the strategy you’re talking about a way to capture last-minute bookers and get a higher price out of it?

Does the alternative of offering a lower price aid in securing more advanced bookings? If it’s a choice between the two, I take it that you’ve found a good operating expectation of your occupancy with your method.

Doesn’t the dynamic pricing software typically lower the price as available dates approach in order to secure more bookings? Do you have to manually override that?

@Rick Albert, thank you -- very helpful. Yes, I was asking about the CA law requiring you to give applicants a reason for the denial.

@Rick Albert do you happen to know which law / civil code this is, and when it went into effect?

@Dave Malone, is REI Hub able to import receipts from construction & vendor invoices so you can run your whole tax export out of it?

@Jeff Chisum is there any difference or consideration of the makeup of those loans? In other words, can you mix and match investment property loans and vacation/2nd home loans?

I currently have one investment property with a mortgage in my name, and I've been wondering if I have to move it to my LLC to be able to get another conventional loan for a vacation home / STR. Thanks.

@Alex S. What’s the source of that quote, please? Link if possible