All Forum Posts by: Kim Robinson

@Ken Boone very helpful information, thank you! The property has many future bookings for the rest of this year, so it would be great to get those to rebook with me at the same rate they were paying previous owner. 90% success rate with that sounds perfect!

@Collin Hays in my experience and research, houses that are listed with multiple 5 star reviews and superhost status seem to rent for higher rates and have higher occupancy than others in the same neighborhood. Of course there are always exceptions to this, I'm just trying to learn from others that have gone through this 

I'm interested in your experience if you have purchased an existing STR that has numerous 5 star reviews, super host status, and higher rates and occupancy than other houses in the neighborhood? I don't feel like I can use existing occupancy and rental rates for this house as a comparison for ROI since as the new owner I will be newly starting out with the house and may have to work up to the rental rates they are currently charging. Curious if others have done this and how long it took to build up success. Thanks!

I have narrowed down my search to Windsor Hills. Has anyone bought here recently? I'd like to hear experiences! I may need to make a separate thread specifically to ask about buying in Windsor Hills!

Following along as this is the neighborhood I'm looking at as well. IMO, I think some of the properties book up their calendars for themselves, and it appears they are booked when they really aren't. I've heard from some people very connected with this neighborhood that anyone that says they are getting over 50% occupancy during the Covid era is not being truthful or they have lowered their prices to rock bottom. Prior to Covid, I think 80% was quite doable.

Thanks for the information. I'm going to send a message

Thanks, I've been watching homes down there. At any one time there are lots available. I'm looking for a nicely furnished turnkey, which I know may be a little more cost up front. Some of them seem to sit on the market for a while, not sure if those are just overpriced or something else wrong that isn't obvious from the pictures.

I have been reading these forums and there is a ton of great info. I'm researching buying a SFH pool home in Windsor Hills or nearby. Looking at 4-5 bedrooms and would like to stay under $350k. It seems that most on here prefer to self-manage, and I've seen some general costs of property managers. Can anyone share their actual cost and experience of using a property manager in this area? In today's world, is it realistic to assume 50% occupancy in this area? I would be using this home periodically throughout the year and while I can afford the mortgage and monthly expenses without any rental income, I would obviously prefer to have those costs recouped through rentals. I'd appreciate any details or recommendations you have! Thanks