All Forum Posts by: Jillyan MacMorris

Oh man, I didn't see this until it was too late! Thank you for hosting! I'll keep an eye out for what you host in the future!

Oh man, I didn't see this until I had already missed it! I'll keep an eye out for your next one! I hope it went well!!

@Paul De Luca Thank you for your response! I'll definitely check out the book. I actually have a mentor helping me set up and run one place. I'm specifically looking for tips on STR renting out the place I currently live in. What should I put away when guests come to stay? How should I consider simplifying in general? Etc

@James Alderman That’s really helpful! I can definitely set up a keypad for keyless entry. I actually recently set up an AirBnb in another unit in my building, and it just occurred to me that I could also rent out my own when I won’t be there.

I have a storage unit I could put some things in when I travel. The process just feels more complicated! 

I own and live in a 1B/1B condo near a cute, thriving suburb of Chicago. I travel a lot, live minimally, and I am strongly considering offering my personal residence on AirBnb whenever I am out of town. Does anyone else do this? What are some tips you'd give a newbie for preparing their personal home (with all my belongings) for guests?

@Julee Felsman Thank you, that's super clear and helpful!

Ignorant question... When I purchased my first property as a primary residence (where I currently live), I didn't have the mindset to invest and used a 5% down conventional, owner-occupied loan. I'm looking toward my next property, and I'm wondering: can I use an FHA loan if I will live in the property, so I can put down a lower % down payment? Or did I miss my chance?

@Michael Baum Yes, the owner knows.

@Conner Olsen That's very clear and helpful! I have been looking on Furnished Finders, and I'm struggling to find comps close by. There are other housing options, but they're either much larger or much smaller than mine. Should I cast a wider net?

@John Underwood Yes, it is legal in my area. I will need to furnish the place. I figured I'd use Facebook marketplace to gather what I need. It's a little place!