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All Forum Posts by: Eric A.

Eric A. has started 5 posts and replied 181 times.

Post: Risky and complicated first deal in Newark, NJ – should I do it?

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Jason G. I have to say I’m stunned by the other responses on repairs. There is no way you will only be at 5% in repairs. Even if it is recently rehabbed what is the original built date? My multis range anywhere from 11% - 27% depending on the age and tenant makeup. It sounds like you won’t be in the best area so I would shoot hi and adjust lower if need be. It’s always the hidden repairs that you never think about. Good luck!

Post: Airbnb co-hosting company

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Benjamin Vail thanks for the reply! What did you find to be your most difficult issue?

Post: Airbnb co-hosting company

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Michael Nelson thanks Michael!

Post: Airbnb co-hosting company

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Michael Nelson thanks Michael for the reply. Are you currently controlling the listing for the client on the different platforms? Also, are you relying on the property owner to pay you after the fact or are you taking your fee at the time the owner is paid? I can PM you if you would like to discuss. Thanks so much!

Post: Airbnb co-hosting company

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

Airbnb has removed the cohosting feature, and I have been exploring the possibility of scaling a Co-Host company in certain markets we are in. Anyone currently running a Co-Host company? Any thoughts on scalability? Thanks!

Post: AirBnB Co-Hosting: Difference Between Property Managers

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Jared Higginbotham hope you are well. I would love the opportunity to connect on your cohosting business. Thanks!

Post: Question for Airbnb Co-hosts / Property Managers

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Tyler Work hope you are well. I would like to PM you on your current co hosting efforts with Airbnb. Thanks!

Post: Purchased property on one meter - looking to separate

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Carl Hebert thanks for the info, and no there is not a common area. Each unit has their own entrance directly into their unit. The basement is part of one unit’s leased space. I have gotten some bids and they are all over the place. I’m originally from Maine, but I get a huge kick out of contractors that see I have a Florida address. If I give them my Florida address it’s double if I give them my Maine address. Pretty sad, but I’m use to it at this point. How’s the rental market in LA? My properties are down in the mid coast area, but I look in LA and it seems like the numbers work. Take care!

Post: What is your favorite/cheapest way to get furniture for your STR?

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Paul Sandhu I knew I liked you Paul

Post: Purchased property on one meter - looking to separate

Eric A.Posted
  • Rental Property Investor
  • St. Augustine, FL
  • Posts 189
  • Votes 127

@Seth Williams that's a given for sure! The best part is that they are 40% below market and 70% below on STR. Life is good!