All Forum Posts by: Sokun So

Sounds like you haven't purchased? I'd think in Vegas you could purchase something that has a pool that would cashflow. I have a property there and the regulations are a bit of a disaster depending on where exactly you go so just be careful on that especially if you are not owner operated. TX is big... and hot. Still thinking pool but market likely matters.

Yes, we're learning that Vegas is pretty crazy with regulations, BUT doable so that's our current target market.

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Quote from @Alex F.:

Hi Al - So booking.com is convoluted, glitchy, and sometimes hard to navigate, but it can be a great addition. We list all of our properties on booking.com.

On a couple we have a handful of guests from booking.com, but we have one that sometimes gets filled 100% with guests from booking.com. The one item that is kind of neat, is that you can pay a higher commission for higher visibility. This makes it a great way to fill gaps and during the low season.

How are you managing your dynamic pricing? I'm a step or two away from launching and I can't seem to find anything that shows me how to integrate into Pricelabs without going through BookingSync and paying a few hundred bucks for setup.

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Madison, Wisconsin

If it's anything like the Las Vegas market, a "resort casino" specifically could hamper your STR potential purchase pretty substantially. In Henderson, NV there's a 2500 mininum distance requirement from a resort casino so make sure you confirm that you're even able to operate before jumping in.

1 Vote

I initially thought to myself "Wait.. that can't be right! Isn't that a bonus??" then looked at a recent appraisal and the pool was a -$10k line item in the appraisal.

So far, I'm leaning towards an underground pool since it can be used all year round, but if I find a property that has room for both, then I may try to incorporate both amenities since families and the older crowd are my preferred avatar.

1 Vote

Quote from @Jon Martin:

In terms of maintenance cost and liability the PB Court is a no brainer. Biggest risk is the complaints from neighbors about the noise, although I've heard that there are new paddles that dampen the noise quite a bit?

Very good points and to add, I'd also need some net or fence around the court to make sure the balls don't fly into the neighbor's yard.

1 Vote

Looking to add either a pickleball court or a swimming pool to a limited size backyard in a desert area like Las Vegas or Texas.

Has anyone looked into the ROI comparisons for these amenities and decided one over the other? I'm leaning towards the pool since it has a broader appeal, but the pickleball court is such a trendy amenity these days.

1 Vote

For out-of-state STRs investors, is it normal for a cohost / property manager to insist on creating an OTA listing on their account to better streamline their systems? Seems like a potential issue if I stop working with them in the future and lose all access to the listing completely.

I currently manage an STR in my local market, but a property manager I spoke to insisted that they handle all the setup on the OTAs vs having the listing under my account and giving them cohost/PMS access.

This is my first time dealing with a property manager so I was wondering what everyone's experience is like in this business relationship.

Secondary question:
As an experienced cohost, do you care if it's an old or brand-new listing?

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All Forum Posts by: Sokun So

Sokun So has started 5 posts and replied 17 times.

Post: Pickleball Court or Pool

Post: Iam listed on airbnb & Vrbo . Thinking about adding Booking.com j

Post: New Casino - impact on STR?

Post: Pickleball Court or Pool

Post: Pickleball Court or Pool

Post: Pickleball Court or Pool

Post: STR Co-Hosting / Property Manager OTA Setup