All Forum Posts by: Jon Martin

 In California that would be expedited service!

Struggling with how I will handle this as well as I approach my launch, and mine is a 2/1. My best guess is that having spare sets of everything that the cleaners flip immediately, then they go off-site to a commercial laundromat or use a fluff n' fold service.

The independent could still have a leg up with price, design and service. I look at this like the old faithful hole-in-the-wall mom n pop vs the investor funded celebrity chef restaurant. The independent investor that bought at the right time will probably have a lower cost basis than a well-funded new build. If you buy right and keep a lean operation you can weather the storm with lower prices, whereas a high dollar new build with high overhead will have a much higher cost basis per night and can only operate at a loss for so long. Then you have the inevitable homogenization that comes with scale, so the professional operation will either have to spend more to design and furnish their units uniquely or they furnish/design at scale for the cost savings and become just like the boring hotels that drove people away in the first place. 

This isn't to say that there won't be successful operations like you mentioned, because I'm sure there will be some. Question is will they really be much different than a bunch of ski in/out or beach condos or cabins that all look the same. We keep hearing about uniqueness being a selling point, which is where independents will always have a leg up IMO. 

From the limited research I've done, it seemed that the cost of going from a plunge to a proper-sized smaller pool was marginal. Seems like the kind of thing where the cost for something basic is so high that you may as well spend the extra dough for something the whole family can use at once. YMMV

It is. The “cable box” system is redundant, clunky and a forced revenue stream for the benefit of the cable companies. They all have their own web based app now, thankfully, and is what i use at home and in my rental via Roku. Best of both worlds because they can still watch the local ABC, CBS etc stations. 

I've heard turnoverbnb recommended but have zero experience with them. 

$3475/month in Fresno? 

I lived in an octagon house in college for a year. It was pretty cool with how the light came in from different emails but a pain for furniture placement. 

A friend bought a house designed by some weirdo architect where all of the angles were either 120 or 60 degrees. The 120 corners kinda made sense in the context of the property because it helped him take advantage of the truly kickass hillside view along the main living areas, but the corresponding 60 degree corners were just weird and pretty much useless. The place gave me anxiety. 

The best coaching in the world won't make a difference if you end up with a deadbeat contractor. Will be especially tough in niche and rural markets where there is a small pool of contractors and labor to choose from. 

Probably best to get at least a decent rehab with someone under your belt so that you are sure you want to go the distance. And even, like mutual funds, past performance is not an indicator of future results! Lol