All Forum Posts by: Easton Hill
Easton Hill has started 20 posts and replied 65 times.
Post: How will lenders view the mortgage on my 1st house when trying to by my 2nd house?

- Phoenix Arizona
- Posts 65
- Votes 70
So the down side I was worried about - a lender counting my first mortgage against as part of my DTI ratio an not counting any of the rental income seem unfounded.
Awesome! Thank you!
Post: How will lenders view the mortgage on my 1st house when trying to by my 2nd house?

- Phoenix Arizona
- Posts 65
- Votes 70
Hi Folks,
I am looking to move out of my first house and convert it into a rental and purchase a new home in a new city were I will be moving for a new project.
House#1(Current residence): Value - $350-380 w/ 230k in a FHA loan at 3.5% = ~$1350 PITI + HOA with water,sewer,trash being $200 or less. Rents in the area are $2000-$2200
Additionally we have saved up 6 months of monthly rental expenses in a "rental fund" to get us over any vacancies and unexpected issues (~ $9300) and plan on adding a $300 monthly maintenance reserve from the rental income to the fund on an indefinite basis.
I feel comfortable saying that it will cash flow between $200-400 a month.
Now this is all hypothetical as I don't have a renter in place yet and still live in the home.
The plan is to move to the new city, rent a temporary place, start the job, rent the old house and begin looking for a house to either build or buy.
So my question is how will a lender look at my first house assuming that we have it rented? Will they include my first mortgage in my Debt-to-income ratio? Will they count the $200-400 a month as personal income?
Post: General Liability & Insurance policy for a Arbitrage portfolio

- Phoenix Arizona
- Posts 65
- Votes 70
Hi Team!
I have a 10-unit Airbnb Arbitrage portfolio and in 2022 one of our largest operational expenses was insurance premiums.
We currently take out a policy for each individual unit and the costs have added up quickly!
Does anyone work with an insurance business broker that they would like to refer?
Post: I removed my cleaning fee - 2 week experiment!

- Phoenix Arizona
- Posts 65
- Votes 70
@Account Closed I'll make sure to do a follow up post!
Post: I removed my cleaning fee - 2 week experiment!

- Phoenix Arizona
- Posts 65
- Votes 70
Notice anything different?
I have no idea what will happen! We'll see!
This listing is one of four studios at the same property so I have the luxury of A/B testing
Each unit is identical and each listing is almost the same except for reviews (this listing was my "medium" review listing at the property)
I increased the ADR to reflect the cost of cleaning so we'll see what happens!
Post: 🔥Hot Take🔥: Airbnb needs to add levels to its "Super host" stat

- Phoenix Arizona
- Posts 65
- Votes 70
@John Underwood That's wild! I do like VRBO as a platform and their guests "Get it"
I don't have any data to back it up, but VRBO guests tend to be cleaners, easier to work with, and more respectful!
Post: 🔥Hot Take🔥: Airbnb needs to add levels to its "Super host" stat

- Phoenix Arizona
- Posts 65
- Votes 70
Quote from @Madhu Ponnada:
Good thought process, on your suggestions for SH tiers. Whats in it for AirBNB as it will create more work for them?
Happier guests!
Airbnb managed the interactions between hosts and guests and one of the biggest risks for guests when booking through a platform like Airbnb is "Host Risk"
As a traveler, are you going to be dealing with a crazy host or a professional? Currently, the Superhost vs Normal Host isn't quite descriptive enough to help the guest make the best choice for them!
Post: Short Term Rental Arbitrage in Phoenix

- Phoenix Arizona
- Posts 65
- Votes 70
I'm one of the "Arbitragers" in the Phoenix metro! I have 10 units that I run with 4 different landlords.
I'm not looking to expand my portfolio at this point, but I be happy to answer an specific questions for you!
Post: 🔥Hot Take🔥: Airbnb needs to add levels to its "Super host" stat

- Phoenix Arizona
- Posts 65
- Votes 70
Agree or disagree?
With nearly 46% of hosts qualifying for the designation, it's not sufficiently helpful for guests to determine quality over time!
To illustrate my point:
SuperH.=New Host with 10 positive reviews
SuperH.=Old Host with negative reviews that "Got it together" this quarter
SuperH.=Host that has consistently achieved quarter over quarter over hundreds of stays
My recommendations:
Add "Badges": to the Superhost designation
🎖How many quarters/years has this host been a Superhost
🎖How many stays have they hosted
🎖How many 1-star reviews have they earned (aka total disasters stays)
Allow guests to search for "Top hosts"
💻Additional search filters for hosts that are rockstars
💻Just like "Categories" create a Top hosts list in a city or area
- - - - - -
What are your thoughts?
Have you had a "Bad experience" with a superhost?
In what ways would you change the "Superhost" designation?
Post: Capitalize on Large Demographic Trends

- Phoenix Arizona
- Posts 65
- Votes 70
Yup they own everything, but will most likely need to sell most of it! You're target should Mom and Pop operators who run their business or property as a job and want to be done!