All Forum Posts by: Josh Ball

 Thanks Andrew.

Do you find a lot of people take advantage of it or isn't worth the headache?

We've recently started a new STR in a small coastal town. The town allows golf carts with a permit. We've been thinking about adding one as a perk to our guests but wanted to get some opinions.

How does Insurance work? Assuming your guests have to sign a waiver? Do you handle this through the platform (AirBNB or VRBO) or outside? Other Pros/Cons?

Thanks in advance.

I'm seeing growth with the STR market where I am at. But just like a lot of things, what is increasing here, could be decreasing in a few cities over.

You've gotten some good advice above but $100 even seems cheap after looking through these photos. Definitely be charging at least what you're paying in cleaning, if not add a little cushion.

Unsure on the current STR market there but if it is strong would make a very cool STR. Although my first thought when I opened the photos was a wedding/event venue.

Flood zone AE here in Louisiana is pretty much inevitable. It doesn't necessarily hurt resale here although you have to know that you're going to be required to carry flood insurance which obviously can skew some numbers.

I haven't researched international STR. But I do have some family in Canada that have told me there has been some tax increases to the STR owners to try combat housing issues. Not sure if this is everywhere or just the market they're in (GTA). But I would be sure to look into that & speak to a tax professional up there before dumping too much time into research.

Doesn't sound like it makes sense. Travis made some really good/valid points. In addition, you've got your HELOC on your primary you'd have to be paying back also. Not sure your situation financially but even your $100,000 HELOC is going to probably run you $12,000 additional each year in expense that you've got to factor in. Stay patient, something will come up that makes sense.

I use Yale Assure 2 locks on all of my STR. I have no complaints.

Like I said above, I haven't been STR hosting for long. I wasn't around hosting during the COVID days & certainly sounds like they should've honored the hosts cancellation policies but know COVID threw a wrench into everything, no matter the industry. Everyone was just rolling with the punches there for a couple years. I'm just speaking from a new host standpoint with the interface offered from both platforms, options & booking results, AirBNB is much superior in my opinion.