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All Forum Posts by: Jay Murak

Jay Murak has started 1 posts and replied 22 times.

Short-Term & Vacation Rental Discussions

Post: City just stripped my STR license!

Jay MurakPosted
  • Posts 24
  • Votes 10

So sorry to hear this.  Hang in there and diversify into business-friendly states.  

0 Votes
Short-Term & Vacation Rental Discussions

Post: Boutique Hotel Opportunity

Jay MurakPosted
  • Posts 24
  • Votes 10

This is what we do, please pm, thanks.  

0 Votes
Philadelphia, Pennsylvania
Short-Term & Vacation Rental Discussions

Post: SeattleTimes article on STR's, not bad

Jay MurakPosted
  • Posts 24
  • Votes 10

We fled Seattle during covid to a state where they would laugh at someone jogging outside, in the rain, with a mask on.   

1 Vote
Short-Term & Vacation Rental Discussions

Post: Phoenix market STR investment

Jay MurakPosted
  • Posts 24
  • Votes 10

Lots of opportunity, however, saturation and ROI is still quite challenging.

2 Votes
Phoenix, Arizona
Short-Term & Vacation Rental Discussions

Post: Do I need to take these advertised courses??

Jay MurakPosted
  • Posts 24
  • Votes 10

everything you need to know is out there and here for free.  

2 Votes
Minneapolis, Minnesota
Short-Term & Vacation Rental Discussions

Post: Short Term Rental Strategy

Jay MurakPosted
  • Posts 24
  • Votes 10

self manage and getter done.  :-)

0 Votes
Short-Term & Vacation Rental Discussions

Post: Another 'AirBnB s*cks' story

Jay MurakPosted
  • Posts 24
  • Votes 10

it's just an error with their algos...

0 Votes
Short-Term & Vacation Rental Discussions

Post: Owner Financing on Condo

Jay MurakPosted
  • Posts 24
  • Votes 10
Quote from @Ted Sandoz:

May have found a deal on a condo (non warrantable) that the owner is offering Owner Financing, has anyone done these deals and have examples as a buyer fair terms. FYI 625,000 selling price. Pros/Cons as a buyer, of course will be a STR added to our portfolio.


 Hi, all our deals have been seller carry and highly recommend if it pencils with LTR. 'Best. 

0 Votes
Destin, Florida
Short-Term & Vacation Rental Discussions

Post: Is it insane to manage your own STR?

Jay MurakPosted
  • Posts 24
  • Votes 10
Quote from @Kelly Cochran:

Hey friends,

Really struggling with paying 25-30% of our gross to a property manager on our first STR.

I love all the details that go into AirBNB (decor, set-up, marketing copy, customer service), so the only things I can really see needing help with are:

1. 24/7 emergency response person

2. Lawn care

3. Great cleaning people for turnovers who I can trust

Is that worth 30%? 

Our STR is in a vacation town 40 min from us - we are very familiar with the area.

High season is all summer, then slows way down.

Thoughts? What am I missing?

TIA!

Kelly


 If you have the time, you manage yourself.  You will get great at it, trust me.  

0 Votes