All Forum Posts by: Jon Martin

@Bryce Jamison I have no idea. Although I do have a friend who went through the whole process with his dog and there is actual official documentation he carries around. I'm not sure who the governing is for that. I would never ask the disability of the guest but I don't see what the problem would be for asking for documentation for the dog itself. 

As for the "Vests", there are dozens of them on Amazon for <$30. It's a sham. 

Isn't there some kind of documentation for actual dog if it is a true service animal? If yes I would ask for that. 

I subscribe for my market. More so as a sanity check to see how I stack up against my competition and as a data point in underwriting. 

One thing I liked before the redesign was that they gave numbers based on the average, upper 25% and top 10%. Would be curious to know why they longer display it that way, because I did find it helpful to see where I fit in the distribution. 

 I don't want to blow it out publicly but you are welcome to ask via PM

Quote from @Mindy Nicol:

What are everyone's thoughts are on this graph that Airdna posted plus the article here: https://www.airdna.co/best-places-to-invest-in-vacation-rent...

Should investors really be focusing in on these markets?  Or take it with a grain of salt? I'm just curious on your thoughts.

I'm not sure about the specific markets mentioned in the article, but I think there is huge potential in a lot of markets that aren't on the typical STR investor radar. I've got 11 months/year of 70%+ occupancy in a town similar to what's on that list. People travel for all kinds of reasons outside of pure vacationing.

That's how I got started. The only caveat I would add is that you should be able to make the payment out of your day job salary, ideally with a bit of principal on top of that. 

 I always wonder how/why people find ancient threads and decide to reply to them . . .

What others have said- could work in the right niche, although you have to consider the opportunity cost. You would probably get more bang for your $10K with a hot tub and a used pool table. In general I would lean towards amenities that more people can enjoy simultaneously. 

On top of all that, I wouldn't want to sit around rewinding video to try and Perry Mason who the Hamburglar was, and then have to mediate petty disputes between strangers from afar. I avoid checking the cameras at all unless there is a specific security or guest concern that warrants it. I almost exclusively use the smart lock logs if I need to confirm occupancy/vacancy. 

Maybe people just aren't watching much TV at all? That's what I'm wondering myself. Less than 10% of the units in my market have cable tv on their listing. I haven't gotten a single call or message, which I'm sure I would've gotten if someone was dying to watch a game or their favorite show and couldn't figure it out. Has local channels, and with the Roku remote it is pretty simple and intuitive to find what you need.