All Forum Posts by: Jim Mueller

Our 2023 is almost identical to 2022 so far. 

We have no generator at our 2/2 in PF and have lost power twice in almost two years. It was out less than 4 hours each time and the guests completely understood...so far.  

We are up slightly YOY with our cabin in the Smokies.  

Does that price include linens, paper products, dish and dishwasher detergent, etc?

We have a 2/2 cabin in the Smokies 915 sq ft. We’ve been at it for 18 months and have the same cleaners since day one for $120 including the above mentioned supplies. They do a great job and we gave them a $10 per clean raise at the 1st of this year without them asking. I’m a firm believer in you get what you pay for and cleaners are not a place to skimp. We live 12 hours away and the cleaners have become part of our team.  

Hope this helped

Make sure you identify your "why" on becoming a STR investor and do as the others have mentioned. It is a simple process but in no way at all is it easy.

Best of luck!

Avery Carl's book would be a great place to start https://store.biggerpockets.co...

You will need a pricing manager like Pricelabs and a channel manager as you mentioned. We use Pricelabs and Guesty for hosts with good success. Once you do your homework, get everything setup, hit the sync button, you will definitely feel your knees knock but it is worth it. 

We can check our tstat remotely but you can't integrate that with Guesty and not sure you can with the others. We use a Honeywell tstat.

Good luck!

@Stetson Miller

Thank you for the help. We had used the PM for placing the tenant only, then we took over from there. We are hoping to save the 1st months rent placement fee.

I am new to RE investing and landlording. I just listed a condo I have for rent in Naples Fl. This is only the second time in my landlord career I've done this. I have used a property manager a couple times before, but did it myself for one last year and I found a great tenant pretty quickly on Facebook marketplace. I'm wondering if it could have been beginners luck though. For that tenant search I used Facebook Marketplace, Rentredi and Zillow. FB was the clearly the winner for the amount of inquiries. My questions: 1.is there a difference in the number a qualified renter coming from any particular listing platform? 2. How many of my requirements should I be including in the listing? e.g. No smoking, not pets, seems a given but what about min.credit score or anything else I should put on it. 3. Rentredi has a prequalify application you direct people interested in the unit to. What do you do if they send it back and there is stuff on there like they obviously don't make enough or their credit score is low? Should I let them go ahead and fill out the Rent-Redi application and weed them out from there? Or nip it tin the bud? Thanks for any help!

100% agree with the Conrad Willkomm recommendation. They setup our LLC, they were great .

@Mike Balcom Have you looked into Park Shore Mortgage ? We have used them for properties in Naples in the past month.