All Forum Posts by: Jeremy Jareckyj

Has anyone in this thread tried Hostaway?

I’m new to real estate and I live in Denver. I’m interested in getting my first rental property somewhere in Denver metro so I could self manage the property and increase my cashflow. 

The issue I’ve found when analyzing LTR properties with BP Rental property and Rent calculator is my cashflow is negative (I’m using calculations based on numbers outlined in the BP Rental property webinar). 

Either there is a secret everyone else knows or LTR in Denver simply won’t cashflow with the current market prices and interest rates. If I want more cashflow should I be considering MTR in Denver, LTR in cheaper out of state markets, or another option I’m unaware of? 

STR Achievement Unlocked: I have a business partner who has an AI bot filling last minute vacancies on FB and, because sometimes it was too late for the canceling guest to get a refund, he sometimes runs occupancy above 100%. He does this in extremely busy cities where flights get delayed and people suddenly need a place to stay, and often check Facebook for recommendations. It is possible, if you time it right, to get two bookings on one listing at the same time (a late cancel who still has to pay and a last minute guest booking). If you want to know my favorite AI bot for Facebook outreach, shoot me an email.

Hey all,

Last summer I transitioned from a LTR to MTR in my house-hacked duplex. Got my first tenants (traveling medical) and they have renewed 3! Great tenants and will hate to see them leave but they must move on due to tax laws of working in a state for more than 1 year.

I'm asking what is everyone's experience with trying to squeeze in STR guests in between MTR tenants. Is the juice worth the squeeze?

I don’t anticipate there being trouble with finding another MTR tenant but in case there is a lag, I would like to limit vacancies.

Thoughts?