All Forum Posts by: Heather Loyal

Hi Group.  I'm looking for property management and potentially booking management for my tri-plex mid-terms in St. Petersburg, Florida.  Any guidance is greatly appreciated.  

@Timothy B. Dunn I think this is a great topic!  I'm actually going to post a similar question about stain removal & replacement :-).

Anyway, my cleaners do run a load of laundry during the turnover cleaning.  They are always there long enough that one load can be accomplished.  Although, they are only washing the duvet covers, throw blankets, and kitchen towels.  I take the bed sheets and bath towels to a laundry service that has a one-day turnaround.  With that said, each unit has three sets of bed sheets.  The cleaners are able to make the beds right before they leave and the extra set stays in the unit for guests.  This strategy also allows for ordering replacement sheets in case they are stained.  Hope this helps.  

I’d be more along the lines of $10K-$12K. 
Good mattresses and a good couch is expensive. You’ll need a dining set that will accommodate your max guest occupancy. Multiple sets of sheets, multiple sets of bath towels, at least (4) pillows per bed, kitchenware, accessories, rugs, artwork and outdoor furniture. It adds up in a hurry! 

Our first MTR experience was a 4-plex, feet-to-the-fire style.  We use one of the units for ourselves and rent the other (3) for 30+ day stays.  We've been up and running since around October last year.  It is really important for us to keep the units booked to cover the monthly overhead (higher monthly rates to cover the 4th unit not being rented).  Be sure you keep this in mind.  I often wonder if it would have been better to have started with a single family as our first, to learn the ropes, and then graduated to the 4-plex model.  It is a lot to juggle.  We have a normal REI business with this 4-plex on the side and it takes some juggling.  As a MTR newbie, I'm learning how important it is to constantly be updating your listings and keeping track of which platform your guest comes from, all the while mixing in STR stays to cover the gaps between the mid-term guests.

Quote from @Allen Duan:

This sounds very normal for a MTR stay. Just deduct it from the deposit and move on. I don't think that's nit picky at all. No reason for you to eat the cost.

Do you use an inventory software?  And is there verbiage in your contract about current replacement costs?  I bought most of my MTR material Black Friday 2022 and today's price is higher, of course.

Has anyone experienced their Landing Listings being canceled?  I just talked to customer service and they said Landing has discontinued their listings and is terminating services and laying off staff.  Is anyone else hearing about these new developments or being affected by them?

Question, not sure if you can answer or direct me to a good source.

I received an ABB inquiry if I would accept cash for a 30 day stay at my property.

I’m scared to reply on the ABB platform because it may break one of their rules.

Has anyone been able to take a guest inquiry off line without being taken off their site?

Quote from @Jamie Banks:

I've been using Hello Landing since I first launched my MTR business in April and I've had bookings across different properties. The platform is similar to other OTAs but because the platform started with 30+ day stays in mind, theres a verification (income verificaftion, lease signing, etc.) that the other platforms don't have. I would recommend the platform, I think listing on any / all sites is the best thing to get the most visibility for your property. Hello Landing integrates with a lot of the PMS too

@Jamie Banks, How do you deal with their 10% gross fee?  Do you ask for higher rates so you get to your target rent? 

Has anyone had experience using Landing as their listing platform for your mid-term rentals?  Any feedback is greatly appreciated.

@Ryan Pritchard Maybe put two gates that swing in against the existing handrails to delineate the spaces and put the house numbers with an arrow pointing at the correct unit (look at Etsy) under the windows.  This will leave that space open between the units seeing they share the stairs going up and there probably isn't enough space.