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All Forum Posts by: Dustin Turner

Dustin Turner has started 4 posts and replied 50 times.

Post: Direct booking site for STR’s

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

Hi there. I have 8 STRs in 2 states and have often considered building my own direct booking site. I haven't used, but have seen this option: https://go.safely.com/

Personally, I haven't seen the benefit in a direct booking site unless you plan to spend ad dollars on driving traffic to it. The juice just isn't worth the squeeze, IMO. 

Post: Anyone taking great advantage of cost segregation and depreciation?

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

You should absolutely plan to do cost seg studies on your properties. One of the biggest advantages to investing in real estate is the tax benefits. Those aren't quite what they used to be, with the changing laws, but still worth it. 

Post: Looking for agents who work directly with investors

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

That's me! 

Post: Hot Springs AR? Any thoughts?

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

Hey everyone! I'm the Bigger Pockets agent for Hot Springs. It's an awesome STR market, but you need to have some local guidance on locations and regulations. Message me if you want to look at properties here.

Post: Short term rental

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59
Originally posted by @Jenna Skryantz:

@Dustin Turner

Hi Dustin,

Which messaging tool and dynamic pricing tool do you use for your beach rental properties?

 I use Smartbnb and Pricelabs. We also schedule cleaning through Resort Cleaning. I just subscribed to Your Porter for the direct booking tool. Not much experience with it yet. 

Post: 10% Down Vacation Rental Investing??

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59
Originally posted by @Ryan Keenan:

@Dustin Turner

Hi, I was wondering if you could share what the rules are for renting out the second home? And can you use a rental program?

I believe the home has to be in a market at least an hour from where you live. It can't be on a rental program or have a lease contract on it. There have been some recent changes to this loan product, so I strongly suggest getting with a lender before you commit to this route.  

Post: Is there any city can meet 1% rule now?

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

Little Rock, AR - you can find 1% rentals. 

Post: Investors in Central Arkansas

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

@Jamie Atkinson Let's connect. 

Post: Realtor says cash offer doesn't matter.

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

As a listing agent, I often see "Cash" as a code for low offer. Cash buyers often have a mindset that cash makes their position much stronger and therefore entitling them to a discount. At the end of the day, it's all cash to a seller. And in a hot market, sellers can wait the extra 2-4 weeks a higher offer and more cash at close. 

Post: How will the new airport help Gulf Shores tourism?

Dustin Turner
Agent
Posted
  • Real Estate Broker
  • Central Arkansas & Gulf Shores
  • Posts 54
  • Votes 59

Gulf Shores/Orange Beach investors; I have a question for you. How do you think the expansion of Jack Edwards airport will help tourism (and our short term rentals)? 

For those that don't know, AirDNA says Gulf Shores is the 8th best large market to own a rental property, with annual revenue potential over $99,000. Gulf Shores Alabama gets 6+ million visitors a year and an incredible 92% of those tourists drive there...because the nearest airport is an hour away.

The small airport in Gulf Shores is building a new control tower, which will completed in July and open in September. They're working on getting a low-cost carrier to fly directly into Gulf Shores. This will be the first time commercial flights have been available into Gulf Shores. My understanding is there will be direct flights from cities like Dallas, Nashville, Atlanta. 

What have y'all heard? What kind of impact do you think it'll make on tourism? Anyone else excited about this?