Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
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: Matthew Perez

Matthew Perez has started 6 posts and replied 25 times.

Quote from @Ryan Moyer:

Pricing software pushes to PMS, then PMS pushes to OTA.

Link pricelabs to hospitable and let hospitable push that through to Airbnb.

Same thing with Turno.

People will argue whether you need Hospitable if you only have 1 property, but if you are using it, then Pricelabs/Turno should both be hooked to it rather than the OTAs directly.

That confirms my initial thought. Run everything through PMS. It’ll make it easier when adding properties to the portfolio. Appreciate it, thank you! 

Hey, 

I want to maximize efficiency in running my rental. Currently, I am using PriceLabs, and have it integrated with AirBnb. However, my PMS is Hospitable, and I can integrate it through there as well. Based on what i've read, you shouldn't have it integrated with both simultaneously, rather one at the same time (I assume to avoid double bookings, etc). For someone who has ONE rental, is it best to integrate PriceLabs with AirBnb, or Hospitable? 

This is also ties into my cleaners, which I use TURNO. Currently, that is integrated with both AirBnb and Hospitable as well. I feel like it makes sense to integrate everything with Hospitable, but I am looking for some feedback from those with more experience with these platforms. 

I have OCD when it comes to organization, so i want to make sure I am doing this the best way possible. 

Post: Seeking Mid-Term Rental Connections

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13
Quote from @Jay Thomas:
Quote from @Matthew Perez:
Quote from @Jay Thomas:

Congratulations on your successful start in Hollywood, FL! To boost bookings, connect with local realtors, engage real estate investors, partner with relocation experts and insurers, offer business rates, target healthcare travelers via Furnished Finder, collaborate with property managers, amp up online advertising, improve your listing, attend networking events, and follow up with potential clients. Building a strong network takes time, but collaboration with industry peers can lead to success for your mid-term rental. Good luck!

Thank you! I know it's a slow burn at first, just want to ensure i'm taking advantage of all avenues. When you say online advertising, I assume you mean off-platform? If so, what do you recommend, specifically? Anything I can do to increase exposure on FF, specifically? 

Beyond Facebook and Instagram, explore off-platform advertising like SEO, PPC ads, email marketing, and content marketing. For better visibility on Facebook, fine-tune your profile, post regularly with great visuals, and use targeted ads. Though online advertising can seem overwhelming, it's a valuable investment with long-term payoffs. If needed, consider a professional digital marketing agency for expert support and campaign management.

That's definitely something I want to engage in down the line. For now, when the budget is a little tighter, expanding relationships seems like the best route that doesn't cost money. 

Post: Real Estate Attorney Recommendation

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13
Quote from @Hans Waisfeld:
can you explain what about the leases you need help with? maybe we can help here in the forum

I am having a second call tomorrow with a potential client who runs a corporate housing business with her partner. While I will receive more information tomorrow, I gathered they want to sign a 12-month lease with me for a flat rate every month. They pay me my desired rent every month, and they would keep the difference. While i've head of scenarios like this, I definitely want assistance with the fine print to ensure this goes down the way it should. 

Post: Real Estate Attorney Recommendation

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13

Hey, 

I am looking for a real estate attorney in South Florida (Miami, Fort Lauderdale) who would be able to review lease agreements and provide feedback/guidance. I've never used an attorney before, so I am not too sure what the market price is for something like that. 

Thank you. 

Post: Seeking Mid-Term Rental Connections

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13
Quote from @James Carlson:

@Matthew Perez

I know some people insist on connecting directly with hospitals/travel-nurse placement groups or with insurance companies. IF you can do that, it's not a bad idea, but I think it's a waste of time. Why limit yourself to one group of people? We have medium-term rentals in Colorado Springs and Denver and have always just used the big platforms. I want to be where the most number of eyes are. Airbnb, Zillow, Furnished Finders, (Avail, to name a new one). 

Whatever you think you're losing on Airbnb through fees, you're likely gaining by having a consistent pool of potential renters. For instance, if you charge $3,000/mo for your rental, and you get a 3-month stay, then you're paying $270 to Airbnb (3% of $3,000/mo). But if you're vacant for only 3 days because you're going after a no-fee guest, then you've already lost $300 in vacancy. 

Brian Chesky, Airbnb's CEO, has talked about the shift into the mid-term rental space, and we've seen in our MTRs in Colorado that more and more are coming from there. The writing on the wall tells us Airbnb will be the biggest player in this space very soon (if they aren't already), and I want a good presence on there, with great reviews and Superhost status.

Just my take. Sounds like you're doing well, already. Wishing you the best going forward. Cheers. 


 From a traffic standpoint, AirBnb is far and away number one, so I agree with you. For me, it's less about leaving the larger platforms, and more about creating additional relationships that could lead to bookings. Recently, I've seen Brian encourage lower priced listings, and with increased competition, I think that trend will continue, especially in a slower economy. An insurance provider, on the other hand, would be willing to pay a premium in those same instances. I think having the big websites + outside relationships would be the most ideal outcome. 

Post: Seeking Mid-Term Rental Connections

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13
Quote from @Jay Thomas:

Congratulations on your successful start in Hollywood, FL! To boost bookings, connect with local realtors, engage real estate investors, partner with relocation experts and insurers, offer business rates, target healthcare travelers via Furnished Finder, collaborate with property managers, amp up online advertising, improve your listing, attend networking events, and follow up with potential clients. Building a strong network takes time, but collaboration with industry peers can lead to success for your mid-term rental. Good luck!

Thank you! I know it's a slow burn at first, just want to ensure i'm taking advantage of all avenues. When you say online advertising, I assume you mean off-platform? If so, what do you recommend, specifically? Anything I can do to increase exposure on FF, specifically? 

Post: Seeking Mid-Term Rental Connections

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13
Quote from @Matthew Masoud:

1. Make sure you are on all the platforms.

2. For FF tenant have a direct booking site where they can finalize their reservation.

3. My best source to connect with traveling agencies as been furnish finder. Every once in a while I get an agency asking about my listing. Even if I can't accommodate the one they are asking about specifically, I make an effort to build a relationship with the agency.

4. Have teams to handle repairs promptly. 

Thank you! I am listed on Furnished Finder, for almost two months now. Unfortunately. haven't had much success, as I have yet to receive a direct booking request. I have received two general housing requests, but 98% is unmatched housing requests, to which i've responded to all, regardless of whether it matches up or not. 

Do you use FF message, or do you text/email the client off the platform? 

Post: Seeking Mid-Term Rental Connections

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13
Quote from @Mason Weiss:

I have had insurance companies reach out to me through my MTR listing on Zillow. I would list your property on Zillow's platform and have some of these companies reach out to you directly.

I am currently on Zillow as well. Is there anything you mentioned/listed specifically that would attract an insurance company? 

Post: Seeking Mid-Term Rental Connections

Matthew PerezPosted
  • New to Real Estate
  • Miami
  • Posts 25
  • Votes 13
Quote from @Matthew Masoud:

1. Make sure you are on all the platforms.

2. For FF tenant have a direct booking site where they can finalize their reservation.

3. My best source to connect with traveling agencies as been furnish finder. Every once in a while I get an agency asking about my listing. Even if I can't accommodate the one they are asking about specifically, I make an effort to build a relationship with the agency.

4. Have teams to handle repairs promptly. 


 Thank you!