All Forum Posts by: Ryan Moyer

Some people are doing it with success. Biggest problem is that managing a Turo rental is more hands on than managing an STR, and is more difficult to do remotely.

But if you can find a way to do that work, you've basically got two businesses where every customer for one is a free, super valuable, super targeted lead for the other, with the opportunity to offer a bundle discount to close the deal.

It would require them keeping an eye on things (rather than getting an alert), but you can create a user for them in Hospitable that has access to all the guest messaging.  So they would get an alert any time there is a new message, but they'd have to know to check back in an hour and see if you've replied.

I believe most people in the SLC valley are operating illegally.  Maybe it's just SLC proper, I'm not sure.

 Yes it's just the 4 of us, so I don't really know much at all about the feasibility of a large 6 bedroom place, even as a guest.

Me and my family love skiing at Brian Head.  But I should note much of the reason we ski there is because it's less crowded and because there is a plethora of cheap lodging always available.  And that is during ski season, which I assume is the high season where most of the money is made.  It might be less seasonal than I think with the monument up there and everything, but I'd have to imagine at the very least spring is a muddy slopfest where the place is empty.

This is really great info, thanks for sharing.

One thing to note on the last few sentences.  You mentioned that in a bad year you break even so the downside is limited.  But if you bought 3 years ago surely your mortgage is MUCH lower than someone buying now, so that would change things pretty majorly in terms of risk for a current buyer I would think.

I was surprised to hear that this winter has been bad.  People not going skiing because of too much snow sounds crazy!  Out here in Utah we've had the same historic year and every ski resort has been packed to the gills more than ever before because all that snow has made it more desirable, not less, and everyone is equipped to deal w/ the snow.

 No you still book the place however you would book the place.  You (as the owner) pay Xplorie some fee to be able to offer these to your guests.  You could also buy them yourself as a guest, this is basically just the host buying it and giving it to you, but they get a little better rate because they're buying a lot.

It's market dependent, but often many of the offers aren't as good as they sound.  IE "free ticket to Dollywood!" is actually often something like "get one ticket to Dollywood free when you buy 4+ tickets to Dollywood".

We had it once for our stay in Destin as a guest, and we didn't even end up using any of them because they almost always required spending a bunch of money on something we weren't otherwise going to do just to get the one or two free tickets added on.

Are you sure you didn't just forget to update the wifi info you were passing on to the guest somewhere?

I had the same issue at first.  Turned out I had updated the wifi info I was giving to the guest in the guestbook, but in the past I'd put the old non-stayfi network into Airbnb in the Wifi section and forgotten about it, and guests were grabbing the wifi info there and ending up on the old router network.

What you're describing with the guests creating a wifi hotspot instead of everyone signing in individually seems like a lot of work to avoid the 5 seconds it would take them to just put in a fake email address, so I doubt that's what's happening.  Even if it is, I can't imagine that will be a typical occurrence going forward.

But long and short of it, no I don't think there's any way to restrict someone from doing that in the Stayfi settings.

The confusion is just a semantics thing.  The "manager" here just handles everything after guest check-in, while the host creates the listings, does pricing, pre check-in communication, etc.  Basically the opposite of Evolve.

They are common in Orlando, and they do call them "property managers" here even though it's a little different than a traditional "they handle everything" PM.

The difference between this and purely management is that he's also sourcing the deal and bringing all the pre-purchase knowledge.

I've seen quite a few people on this forum and elsewhere do these deals at 50/50 split.  That seems crazy to me to give that much up as the person with the cash but apparently there are investors that are willing to do it.