All Forum Posts by: Eric Gardiner

@Monte Blunk I have a 3 bedroom airbnb in Salt Lake and I have no off season that I have noticed. I only promote it on Airbnb and I allow them to adjust the price as much as they want so it stays booked. Since doing the smart pricing I make much more money. I have listed a few times on VRBO but dont want to maintain two sites for the listing. 

Do you allow Airbnb to adjust your price that much? During the summer I get a lot of traffic to my unit from Asian tourists on their way to Yellowstone. You could try and find a good way to market it to that group during the summer also. 

Where is your unit located in Park City? I live in PC and have been curious how some of the VRs do there.

@Tiago Alencar I assume you will hit the first 100 people a second time but just with a slightly different message. From what I have learned so far you need to hit the same people about 5 months in a row to get good response. 

@Monte Blunk @Jonathan Mueller We should get together sometime to talk. Im in PC and SLC everyday. 

@Nik Krohn@Ryan E. do either of you know the origination fee for the MACU loans? I heard 2.5% as of recently. I am looking to get one soon. Thanks @Scott T Buccambuso

@Josh B. yes you should house hack in SLC. I live in Pinebrook/Park City. My first home was bought in Sugarhouse and it was a house hack. You need to get the 3.5% down and also have a w2 that will support the payment. The bank will not care about the money you make from renting out the other rooms. 

If you have more questions shoot me a message. I am also a realtor here and can help look. Good luck!!!

@Jim D. Their isnt much out there on the MLS. I am a realtor in Utah and I search daily. I am thinking direct mail or drive for dollars is the best way now. @Scott T Buccambuso

@Tiago Alencar How is the direct mail going? What county did you do and how many mailers have you done? Im super excited for you!!

I bet it will value out at 1.5 to 2.0 x annual income. I would talk to a CPA or business broker to comfirm. 

@Brian Eilering Thanks for sharing. this helps all of us newbs out. I am in a similar boat in utah. 

I have mine on Airbnb primarily. I set the framework of how much and how often I want to book and they do the rest. I have used VRBO twice so far and it is nice that the calendars will since but I still prefer Airbnb for the simplicity of the plat from.