All Forum Posts by: Greg Strunak

Is there a way to fix the api feed issue?

Has anyone ever had trouble with Airbnb Custom Trip Lengths? We use Price Labs > Hospitable > Airbnb. We have set the minimum stay requirement on Price Labs to 2 nights, and it is correctly reflected on Hospitable. But when guests go to book on Airbnb for June 14th for example, it says there is a 4+ night minimum stay requirement. So I went into Airbnb’s Calendar and saw that there were hundreds of Custom Trip Lengths created for the entire year that I did not create, and they do not match the Hospitable calendar. Yesterday I went through and manually deleted all of the Custom Trip Lengths that were greater than 2 nights for the entire year. And guests were still experiencing the same 4+ night minimum issue. I just logged in again this morning and the Custom Trip Length settings that I deleted yesterday were back today. So I’ve deleted them again, and still having same issue. I have force synced Price Labs with Hospitable, and force synced Hospitable with Airbnb. I have contacted Airbnb and they are not helpful at all. I’ve googled this and found several forums with others having same issue and no solution. Please help if you can as this is severely negatively impacting our occupancy rate.

Greg

BP friends,

I have just purchased my first STR property and close in March! I was wondering what some of the better management tools to use for a single STR. Ive been doing some research seems like guesty, hostfully, ownerez, hospitable seem to be the most popular. Has anyone used the platforms or have any insite. Also does pricelabs integrate into any of these management platforms?

Hello BP,

I have just purchased my first STR property and close in March! I was wondering what some of the better management tools to use for a single STR. Ive been doing some research seems like guesty, hostfully, ownerez, hospitable seem to be the most popular. Has anyone used the platforms or have any insite. Also does pricelabs integrate into any of these management platforms?

 No this is not the case, I did my own market research found the property myself and reached out to the agent who is listing the home. The home and sellers wanted conventional payment, but i was able to talk the agent into bringing a seller finance deal to the table. Sorry should have been more clear on the situtation.

I'm currently in the process of negotiating a seller finance deal, and I'm seeking some insights from the community regarding what would be considered a fair amount of commission for the real estate agent involved.

The property is unique in that it involves seller financing, and I want to ensure that the agent is compensated fairly for their expertise and efforts. I understand that traditional commission rates might not directly apply in this situation, so I'm curious to hear about any experiences or recommendations you might have. Also looking for insight on a good loan servicing company.

Looking a purchasing a condo in the myrtle beach area. The unit I'm looking at has a vacation rental company that manages the rental. From what I've been told all the condos in the building are put into a rotation, when you unit is rented you get bumped to the back of the line and then rebooked. To me this seems like you are missing out of a lot of revenue. Would i be able to use air bnb to rent out the days where the rental company does not have my unit rented out? Does anyone have any experience with the vacation rental company's.

Very good insight there. I like the concept of what you can already get with a standard loan. Also looking in to the DSCR what a great option to have.

Hello, new to the bigger pockets forums. I'm looking to make my first short term rental deal using seller finance. I was able to find some sellers offering some deals with seller finance. I was hoping to get some good insight on how to negotiate these deals to make this a good deal for myself. One seller is offering :

$10,000-$15,000 Down, 12% Interest, 15-Year Term, 15-Year Amortization, 10-Year Prepayment Penalty, Can Sell with Assumption of Loan (After a Certain Number of Years Owned) in Reduction of Years) The price of the unit is at the high end of the market as well.

The other seller is offering:


(25% Down, 9% Interest, 3-Year Term, Interest Only, Willing to Amortize, 1 Point at Closing on Loan Amount. Also asking for a high end price for the unit.

I would love some insight on how to negotiate these deals to make a good deal for myself as well as the seller. I will also add these are vacation rentals, short term rentals. IM ALL EARS

Hello, new to the bigger pockets forums. I'm looking to make my first short term rental deal using seller finance. I was able to find some sellers offering some deals with seller finance. I was hoping to get some good insight on how to negotiate these deals to make this a good deal for myself. One seller is offering :

$10,000-$15,000 Down, 12% Interest, 15-Year Term, 15-Year Amortization, 10-Year Prepayment Penalty, Can Sell with Assumption of Loan (After a Certain Number of Years Owned) in Reduction of Years) The price of the unit is at the high end of the market as well.

The other seller is offering:


(25% Down, 9% Interest, 3-Year Term, Interest Only, Willing to Amortize, 1 Point at Closing on Loan Amount. Also asking for a high end price for the unit.

I would love some insight on how to negotiate these deals to make a good deal for myself as well as the seller. I will also add these are vacation  rentals, short term rentals. IM ALL EARS