Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: KiKi Wood

KiKi Wood has started 4 posts and replied 177 times.

Post: Need Help with Staging.

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75
Quote from @Sarah Kensinger:

@KiKi Wood Is your person for STR set-up in Indianapolis!

 Thank you @Sarah Kensinger for the recommendation! @Michael Mastantuono, my fiancé and I own Brentwood Property Group, where we manage 60+ properties in the Indianapolis area, mostly STR! We do staging, design, and full management. Feel free to reach out, we would love to help! Here's our website! brentwoodpropertygroup.com

Post: STR Investors in Indianapolis

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75
Quote from @Kyle Butler:

Hey BiggerPockets Community,

Looking to get into touch with STR investors in the Indianapolis market.

 Hi @Kyle Butler! I'm a realtor and Airbnb host in Indy. My fiancé and I manage over 30 properties in Indy! I would love to help. 

Post: Real Estate Agents Pitching Seller Financing for Their Buyer

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Hi all!

I am an agent in the Indianapolis area, and work with a lot of OOS investors for STRs, MTRs, and LTRs. I have a handful of clients that are interested in seller financing, which I have learned a ton about! One of my clients looks at on market properties, and sends me a cash offer and a SF offer for each property they're interested in. I have has such a heard time pitching the SF, and I have never had anyone interested. How do I pitch SF well, and make it sound so much more worthwhile than a lowball cash offer? I am pitching these to other agents. 


If anyone has ideas, I would love to hear them! I just want to work as hard and I can for my clients, and it doesn't seem like I'm doing their SF offers justice. TIA!   

Post: What tech do you use to manage your STRs?

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Hi! We manage around 30 properties in Indianapolis, IN. We use Guesty for PM automation, guest communication, and (building) a direct booking website. We use PriceLabs for dynamic pricing, and Breezeway for team management, cleaning automation, and assigning tasks for our handyman. Then, Slack for team member communication! 

Post: Any Air BnB hosts in Indy?

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75
Quote from @Sarah Kensinger:

@KiKi Wood Is there and would probably love to connect with you!

 Thanks, @Sarah Kensinger for the referral! :) 

Post: want to airbnb

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Hey Ken! Like said above, I would make sure the numbers work for the property you're looking for. Look on Airbnb and see what the competitors calendars, nightly rate, and amenities look like, and it should give you a pretty good idea what the numbers would look like for that home. 

Post: Can you value a property based on AirBNB rental rates?

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75
Quote from @Ran Iarovich:
Quote from @KiKi Wood:

For listing price, it really is unique to that area, amenities, etc. What's most important is that in the listing, if you're really trying to lean in to the ADUs being Airbnbs, then I would add to the listing all the research you have done for the revenue, nightly rates, etc. It may help highlighting these features by staging the ADUs with furniture, further show it. If the numbers make sense, I think it is worth marketing it as such. Good luck! 


 Thank you Kiki! Have you ever managed to market a home like so or see it done from others? 


It has become more frequent in the Indianapolis market, where people are putting "possible Airbnb" in the property descriptions, offering the home furnished to start as a rental. But, not a lot of people are very forthcoming when it comes to numbers, so I haven't seen it marketed with the full display of revenue, occupancy, etc. I think it could be a great thing to do, though, to get more eyes on the property than just a SFH!

Post: Is trading STRs for vacations a thing?

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

It's a thing, but I would maybe just stick to renting, like @Avery Carl said! It's much easier.

Post: First STR Need Advice!

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Wow, this is super awesome! My fiancé and I personally arbitrage a unit, and it's awesome. It's a great way to start, and your only start up cost is furnishing the place, and securing the unit (security deposit, etc). 

It's good to get in young. There's so much to learn! BP forums and podcasts help, and there are SO many books that will teach you hoe to get started! Rich Dad, Poor Dad is everyones fav, and a great way to start!

Post: New Member looking to Househack/AirBNB/Swimply/Sniffspot

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Hi @Francis Caron! That's awesome, congrats! Good luck to you.