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All Forum Posts by: Luke Carl

Luke Carl has started 175 posts and replied 4103 times.

Post: Projections gut check - smokies

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

80k sounds about right. With no mention of sq ft. Although it all comes down to how good of a property manager you are! 

Post: Direct Bookings For STR

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

Your sisters cabin dot com Vs an 11 billion dollar website. 

Should you do it? Sure. Just be realistic! 

Post: Interesting STR Booking , guest wants ONLY to pay by check

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

They can want to stay at someone else’s house 

Post: Cape San Blas a little slow?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688
I own on the cape and I LOVE it there. I also live about 2 hours away.

Really you've asked two questions. Is it slow and Is it my fault.

The answer to both is probably yes and a little bit.

The Cape is always sleepy. I'd be surprised if anyone on BP has ever heard of it or been there. And If you want to keep it that way -don't talk about it! Lol.

I keep my prices on this one pretty high because I can just grab the kids and go if it doesn't get booked. It's done pretty well this summer but it's moving slow and for sure.

Just remember -No matter what your market is -There are still people going there..... even if (worst case scenario) it's not as many people. So you just have to be better than the competition. Which in most cases isn't that hard.

It's really no different than any business. I know for a fact Harley and Motorhome sales have slowed down. There's a direct correlation to vacations. And the truth is...that's the best thing that could have happened to the economy. Too much funny money out there last 4 years.

Extreme ownership is your best friend on this one! 


Post: Newbie STR investor - How to find willing landlords to airbnb arbitrage?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

Get your license and become a legit property manager. Will be easier to get clients. 

Post: HOW TO ACQUIRE MORE HOMES TO EXPANT STR BUSINESS

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

Are you talking about getting leases and doing arbitrage? 

Start a real property management company and run it like a real business and you’ll get clients! 

Post: STR Analysis on BiggerPockets

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

Enemy method 

Post: Issues with transferring AirBnB Listing Ownership

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

My guess is you’re going to lose it and have to start another one but as others have said just keep calling and escalating 

Post: King sized beds - worth investing in for more bookings?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

King bed no brainer. 

More importantly how did this get so many comments so quickly. I remember when this forum only had 4 people hanging around and I was one of them. Shout out to the OGs 

@Paul Sandhu

@John Underwood

@Michael Baum

Post: STR/Rental savvy real estate agent

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,688

Click the Agent Finder button at the top of your screen :)