All Forum Posts by: Jon Martin
Jon Martin has started 36 posts and replied 1067 times.
Post: Tracking Hours For STR
- Posts 1,078
- Votes 950
Between all of the set up work, creating your listing, responding to guests, setting door codes, scheduling cleaners, paying bills, reviews etc it is not hard to log 2+ hours per week. I try to batch as much of the related tasks as possible and start my timer immediately before I do anything.
Making sure you are doing more hours than any other party can be tricky, which is why you should regularly monitor your hours and the activity of your vendors.
Post: AirDnA worth the money
- Posts 1,078
- Votes 950
I don't think it's worth it or necessary for a full year, but to spend $40 for a single month for a data point that has 100s of thousands worth of your money tied to it I think it's worth it for that.
Post: Early Check-In Options on AirBnB Platform
- Posts 1,078
- Votes 950
Quote from @Henry T.:
Yikes! Yeah I chose to buy a big bag of sugar packets from Amazon for ~$20, not for the reason you cited above, but because I figured eventually someone would use a large container of sugar to make cookies or something and wipe it all out. Then the next guest is pissed because there is no sugar for their coffee. I don't limit how much they can access (for now at least) because I don't see someone ripping open 60 sugar packets to make a batch of brownies and if they do, they've earned it lol
Post: Early Check-In Options on AirBnB Platform
- Posts 1,078
- Votes 950
Quote from @Michael Baum:
If a guest would like early check in and there is no one there (not a back to back) then I let them arrive whenever they want. No charge, no issues.
I do the same with late checkout up to an hour or 2 max if my cleaner is OK with it and it isn't a back to back flip.
I don't believe in nickel and dimeing folks for this sort of thing. It creates good will like @Leslie Anne Morris said.
Same same. I have no control over my cleaners so it's not possible with a same day turn but if it's clean and unocupied I'm happy to oblige. It's a nice gesture and I think it sets the booking off to a good start and more likely to result wit a good review.
Post: 120 AirBnB Listings - Ask Me Anything
- Posts 1,078
- Votes 950
Which counties do you operate in? Lots of county wide legislation already in California and it seems like there is more to come.
Post: Preparation Time for my STR
- Posts 1,078
- Votes 950
Quote from @Monique P.:
Great job! If you want to take it up another little notch you can ask guest to text you when they check out. This way you’ll have more time to clean and can even offer the next guests an early check in. It’s always best not to assume a guest has left early until they tell you they’re out. Win-win for all.
Agreed .. . . This is also where a smart lock (with guest log time stamps) and doorbell cam come in handy
Post: STR vs buying primary residence
- Posts 1,078
- Votes 950
Deleted (double post)
Post: STR vs buying primary residence
- Posts 1,078
- Votes 950
Are there any homes with walk out basements? But something that can be converted and has a private entrance and you clild probably cover the whole mortgage if you buy in the right location, assuming it works both for you and is a good location for guests. Also agree with everything above.
Post: App suggestions for self managing STR
- Posts 1,078
- Votes 950
Quote from @Terrell Garren:
Quote from @Eliott Elias:
I have one, hire a property manager.
He already stated he was looking a self-managing.
For the love of realness... Where is the dislike button for forum posts? (biggerpockets.com)
Post: Short Term Rental, Long Term Wealth Book Feedback
- Posts 1,078
- Votes 950
Quote from @Sarah Kensinger:
That's why a lot of us do co-hosting or rental arbitrage as we purchase property. This refinancing property every other year to squeeze all the equity out, doesn't seem like a smart move!
If it is in a market where long term appreciation is expected, and conservative underwriting projects that the payment will likely be covered, then I think it is smart move.