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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 4 times.

Post: Is Booking.com a good platform to use for hosts?

Account ClosedPosted
  • Real Estate Broker
  • Atlanta, GA
  • Posts 13
  • Votes 7
Quote from @Julie Chai:

I just signed up for Booking.com and got my first reservation within a week and turned out they were a bad guest.  The guest had brought additional guests than they listed on the reservation, doesn't respond to my messages/concerns, left my front door wide open when they left.  I was trying to find host reviews about booking.com but couldn't find any. I guess only guests can leave reviews for the property but there's no option (that I see) for hosts to leave guest reviews like AirBnB.  It also takes longer for me to receive my payment where AirBnb and Vrbo payout almost immediately.

Any pros/cons or advise/suggestions on booking.com???  Should I keep my listing on there?  Or is this a bad platform for hosts?


Thanks!


 It's a love | hate relationship. From my experience in the Atlanta market you get tons of bookings but normally not the bookings you want. Use with caution 

Post: Property AVAILABLE for Airbnb Rental Arbitrage in Punta Cana, Dominican Republic

Account ClosedPosted
  • Real Estate Broker
  • Atlanta, GA
  • Posts 13
  • Votes 7
Quote from @Geovanny Vicente-Romero:
Quote from @Geovanny Vicente-Romero:

Amazing Three-bedroom Villa Located just 500 Meters from Downtown Punta Cana

I own a beautiful brand new villa in Punta Cana and I am interested in finding a partner who would manage/cohost the property. This property is empty at the moment.

AN UNBEATABLE LOCATION

Just 500 meters from Downtown Mall and other places of interest where you can find:

  • Restaurants Malls
  • Banks
  • Supermarkets
  • Dolphinariums
  • Cafes
  • Tourist Areas
  • Beaches
  • Very close to Coco bongo
  • Hard Rock Café
  • Bávaro Beach
  • Bibijagua Beach 6 minutes
  • Shopping centers
  • Restaurants Katmandu 7 minutes

Features

  • Individual 160 meters villa
  • 3 rooms
  • 3.5 bathrooms
  • Private swimming pool
  • Jacuzzi

Amenities to enjoy

  • Green areas
  • Surveillance 24/7
  • Clubhouse
  • Swimming pool
  • Game Room
  • Gym
  • Tennis and Padel courts

Here are some benefits of rental arbitrage:

  1. Little Upfront Investment Needed - Since you’re not buying the property, you do not need to outlay thousands of dollars for a down payment. All you need to do is pay your first months rent, damage deposit, and any furniture, linens, or amenities needed to get your property Airbnb ready.
  2. Little Risk - Again, you don’t own the property. If the property does not generate enough bookings to cover your costs you can walk away from the lease.
  3. You Can Scale Quickly - In order for you business to succeed it needs to be scalable and that is exactly what rental arbitrage offers. Most rental arbitrage hosts utilize channel manager software to assist in managing multiple locations.

Pros

For those planning to rent a property and then enter into the short-term market, these are the most significant benefits:

  • Limited startup costs
  • Relatively easy to set up online
  • Helps build capital for future investments
  • Can utilize the property for personal use as well

For landlords considering allowing arbitrage at their property, they may see these benefits:

  • Fill a long-term rental
  • Reduce overall vacancies
  • May be able to increase rent or add a premium for bookings

Contact info:

Website: https://geovannyvicente.com/

Twitter: https://twitter.com/GeovannyVicentR

Facebook: https://www.facebook.com/GeovannyVicentR/

Instagram: https://www.instagram.com/geovannyvicente/

Linkedin: https://www.linkedin.com/in/geovanny-vicente-romero/en-us/

Youtube: https://www.youtube.com/@GeovannyVicenteRomero

Columna en CNN: https://cnnespanol.cnn.com/author/geovanny-vicente-romero/

 Hi Kalefe,

Hope this message finds you well. Thank you so much for reaching out to me and for your interest in a potential partnership. 

Have you ever thought of becoming active in Punta Cana as well? If so, I think this is an unique opportunity for you. I just received this brand new property which is empty at the moment. The property needs to be furnished since it has just been built.  I am exploring partnership possibilities so that we can to make the property operational and ready for use and would love to connect with you some time this week. 


 Let's talk - I will send you a message. 

Thank you

Post: Property AVAILABLE for Airbnb Rental Arbitrage in Punta Cana, Dominican Republic

Account ClosedPosted
  • Real Estate Broker
  • Atlanta, GA
  • Posts 13
  • Votes 7

Geovanny,

I can provide assistance, and I am currently active in Puerto Plata, Sosua, and Santo Domingo. Being well-acquainted with the local needs and preferences, I would appreciate the opportunity to discuss a potential partnership. If you are available this week, I would love to connect with you.

Post: Novation in SC

Account ClosedPosted
  • Real Estate Broker
  • Atlanta, GA
  • Posts 13
  • Votes 7

Hey BP World - I wanted to know if anyone has had any luck with structuring a novation deal in South Carolina. I need some assistance with this if anyone could help it would be greatly appreciated.