All Forum Posts by: Lauren Havens

Wow, thanks for sharing. I try to keep up on all the lawsuits as we do a ton of VR but I don't have any properties in Portland. Great info!

@Ryan Mertens Don't rule out Zions yet, I'd talk to somebody there before making your final decision. We've had origination offers lower since we also have additional HELOCs with them. Pentagon federal credit union does them, America First Credit union and Golden West did investment property HELOCs for a while, but might have since switched to owner-occupied only, you'd have to call and ask. TD bank does them all over the US and often has good rates, but they, unfortunately, don't do them in UT. I'm a little out of date on what's available right now, but hopefully, that gives you some people to call and banks to google.

Learn how to pick up short term rentals. We will cover finding properties, financing, managing, marketing, expected returns and running comps. We will also take questions on anything you're curious about. This is a completely free event, there is no pitch. RSVP here so we have enough chairs.

Our Story:

Home Havens is a short term rental management company owned by Lauren and Aaron Havens. During 2018 we very quickly grew our portfolio of short term rentals to the point where we were looking for management in order to continue to keep up with all of the deals. After looking into every management company we could find we were extremely frustrated with our options. We found companies that would list our properties, but guest communication, supplying cleaners, marketing, photography, handymen and pricing analytics was lacking massively. 

In late 2018 we launched our own STR management company, Home Havens. Home Havens provides essentials not offered by other management companies such as ranking SEO, private marketing to local companies for business stays, dynamic pricing analytics, reliable cleaners and handymen, unit furnishing and setup, 24/7 support for owners and guests, regular financials, and automation. We offer partnerships and undervalued properties for those looking to purchase vacation rentals, as well as full-service management for already operating rentals. We can even help you invest out of your 401k or IRA.

Needless to say we know a lot about the industry and are happy to answer questions about anything. Come learn how to make money with short term rentals, network, and grow your wealth.

There’s a million ways to get into real estate. I really valued my time in the corporate world in Utah. Learned a ton that has translated well to real estate investing which I now do full time. I ended up quitting after replacing income because I needed (wanted) more time off.

Utilize your w2 if you get one. Think about house hacking or getting a first position heloc on a property.

If you ever have questions I’m a fellow Utahn as well. Reach out if you have any Utah specific questions.

@Joe Davis You've opened Pandora's box of software. I'll give you my top favorites, then pick what works for you. This website is fairly up to date in the offerings comparison.

Pricing

Pricelabs is the best

Wheelhouse is okay

Multi-Platform Products

Just pick the ones with the best features, pricing, functionality and messaging capabilities for you. 

Lodgable - a growing company may be growing pains and bugs but a great offering

Vreasy

Logify

One Rooftop

Host Away 

Bookerville - Cheap/can do anything and everything but looks like it's from the 90's

@Jen Hoang and @Jordan Hanks

I have 8 vacation rentals in Utah and am happy to give you the low down on Park City. It's one of the areas with the most red tape in Utah. However, it also has a ton of income potential. Feel free to reach out and I can walk you through the recent legal updates as well. 

Home Havens is a Vacation Rental and Short Term Rental Management Company based out of Salt Lake City. Save yourself the hassle, make more cash flow with Airbnb management. We list on 7 platforms, provide cleaners, supplies, price optimization, regular reports and 24-hour support for owners and guests. Start making more right away with Home Havens.

Care for Guests

• 24-Hour Support
• Proven Check-In and Check-Out Automation
• Systemized Personal Responses for Guests

Make Your Investment Profitable

• Open and Honest - Regular Property Reports
• More Bookings
• Higher-Priced Bookings

Take Care of Your Property

• Professional Cleaning Services
• Discount Handyman and Maintenance Services
• Wholesale Inventory, Buying, and Stocking

*We don't currently manage rentals of single rooms in homes or rentals outside of the U.S.

Schedule a free no-pressure phone consultation. Let's discuss your specific property and situation.

We also hold regular short term rental workshops in Salt Lake City, UT. If you're not interested in management but would like to improve your vacation rentals or start investing in vacation rentals reach out for info on our next event. We cover topics like automation, SEO for listing sites, What's a deal?, running comps, managing expectations, listing on multiple platforms and many more.

https://www.home-havens.com/

tel. 4357092902

Come and see a high-end house flip. Learn how to do it without using any of your own money or credit. 

1. How to find deals in Utah right now.

2. How to finance flips without your own money or credit.

3. Network with Real Estate Investors (wholesalers, flippers, STR investors who invest full time)

Feel free to reach out with any questions.

@Joe Davis what you're looking for is a version of a master lease. It's common in the commercial real estate world, but a master lease would give you the ability to sublease and conduct business (make money) off of the property you are leasing. In my experience is most commonly structured as you stated, first and last with a deposit. I would check with a real estate attorney within your state as the structure of the document might vary by state. I'm not a contract expert. I would also consider outsourcing the management as it is time-consuming and usually requires API's, pricing tools etc to list on multiple platforms smoothly. Feel free to reach out with any questions I run a STR management company, focus on the west right now though so I couldn't help with your units but I'm an open book.

@Ryan York I can't speak for the keys specifically but you might look into it further by calling the county. Frequently, vacation rental rules differ if the residence is "owner occupied" remember depending on the state "owner occupied" can be as little as 2 weeks out of the year. Sounds like you could definitely prove you lived there for 2 weeks out of the year. Again, you'd need to look into the Flordia law specifically. It gets a bit hairy that you are occupying the same unit that you're short term renting but I have seen it approved in multifamily. If nothing more maybe there are a few more ideas for you.