All Forum Posts by: Jeremy Rosen

Hi @Danny Nguyen, PriceLabs is a great tool, but there are multiple tools within it that can really help you nail down the answers to your questions. Do you have a Market Dashboard and comp set? Part of my STR management business (Your Home Away Management, LLC) is dynamic pricing optimization and consulting. Let's connect soon!

What are the pros and cons related to disputing my tax assessment on my property? Is it better to do it to pay less tax, or will that potentially lower my appraisal when I decide to sell?

@Jillian Lofrese I'm sorry to hear about this. If you elect to let airbnb pay taxes for you, they will only pay the state taxes. I'd recommend turning on the Airbnb professional tools and setting up your taxes manually. That way you can have airbnb collect the entire 16.75% taxes from the guest and it'll be sent to you as a separate "pass through" payout. I find this makes it easier for me. If you search for the San Antonio Facebook group here and reaching out to Shelley Galbraith re: your issue. 
https://m.facebook.com/groups/...

Let me know if you need any help.

Jeremy Rosen 

Your Home Away Management, LLC

Hi @Joseph B., I manage STRs in San Antonio and would be happy to talk about your property with you. My biggest value add for clients is my pricing strategy. I go deep into the data to create a strategy that will give the best chances at booking at the best rate possible for the market occupancy and season. Send me a message at [email protected]. You can see my current properties at www.yourhomeawaymanagement.com

Jeremy Rosen 

Your Home Away Management, LLC

@Neil Smith I think you can do it yourself. Up to now it seems you’ve relied on RedAwning to do the legwork for you and it’s not working out. A 4.5 with 7 reviews isn’t good. I’d recommend building g an entirely new listing and starting over. I’d be happy to consult with you about PriceLabs and help you learn how to price for your market. It’s not as hard as you think once you understand the market data. Let me know if I can help!

Jeremy Rosen 

Your Home Away Management, LLC

www.yourhomeawaymanagement.com

Hi @Hamp Lee III! I'd be happy to walk you through my experience with arbitrage and cohosting short term rentals in San Antonio. If you'd rather set it up and then be passive I could show you my cohosting process that has enabled me to beat my comp set month after month. Would love to connect!

Jeremy Rosen 

Your Home Away Management, LLC

Happy Friday everyone!

I have been seeing a lot of questions in groups recently regarding how to price your STR, how to increase occupancy, and ultimately, how to make more revenue each month. Here is what I have done to increase the revenue per month by average $1,741 versus the comp set properties of the STR owners I consult with. First, developing your awareness of the STRs around you is key to knowing how much someone is charging at any given time, the market's occupancy rate, and how much revenue your competitors are driving in. Did you know you can actually find all of this information using Pricelabs? I have used Pricelabs for STR owners I consult with, and since leveraging Pricelabs to run comps, create a data analysis, and then use my 3 Step Pricing Strategy, I have been able o bring in on average 45% more than the markets I am in! Don't be fooled by the "set it and forget it" advice.

I put together a graphic that dives deeper into the pricing strategies I implemented that could help you bring in more revenue for your STR! Send me a PM if you'd like to see it.

@Carlos Contreras the Arlo cameras I own are wifi and don’t require any installation. All you have to do is put a screw up and the camera connects to the base magnetically. Just stay on top of the battery level and you’ll be set.

@Lee Ripma Thanks for the vote of confidence. Do you have any properties in SA? I saw you post about SA in another forum post and I saw your map. I figured I'd take a look at those but keep an open mind. So many areas to learn about. 

@Robert Carnie I'm trying to avoid getting my license at first. Perhaps I'll work with an agent if I need MLS help. I read RD, PD last year and loved it, but didn't catch the RE bug then. I branched off into other areas of FI and have now come full circle back to RE.

Hello BP land! I'm an ICU nurse for the VA, married, with a great six year old step son. On my path to FI I'm already maxing out my TSP/401k, Roth IRA, HSA, and now I'm entering the world of REI! As with most things I know nothing about, I'm spending lots of time learning the basics. Wow! There's so much to learn. I've read "How to Invest in Real Estate", am starting "Set For Life", and have a couple other BP books on hold at my library already. I'm especially interested in reading the BP book about investing with little to no money and OPM. I just moved into my first house this past December which I co-own with my mother in law. After learning what I have so far, if I had to do it again I'd house hack instead. We probably paid too much based on the analysis I've done with the Rental BP calculators.

I'm not sure about the niche I want to pursue yet, but I'm determined to "just start" soon. San Antonio is so big and I don't feel like I know how to rate communities and zip codes yet. Is New Braunfels a good place to look? I'm probably not bold enough to take on too much renovation, so I'd be more comfortable buying my first property that doesn't require much capEx. Any tips for a rookie, or mistakes to avoid would be huge. Looking forward to attending a meetup soon so I can meet some other REI folks.

Picture is of the area surrounding my current home. I'm not super familiar with much more of the city though.