All Forum Posts by: Nathan M kiefer

I have a single STR (4 bed ocean view home) located in a small coastal town on the west coast. It went live just a few months ago at the beginning of summer. Currently it is listed only on AirBNB. The summer occupancy was very high but now that we are hitting the offseason I'm wondering if it's worthwhile to also list on VRBO. While the cost of doing so is not high it's also not zero in time nor money. Ideally I'd be able to run my own A/B experiments but I imagine there are tons of PM's in here that already have all the data. So, the question is, is it worth the extra cost (time and money) to add my listing to VRBO?

Costs I'm assuming:

1) Hostaway subscription and dynamic pricing subscription

2) Perceived older guests. "Can you send someone out to show us how to work the tv remote?"

Thank you

I'm trying to migrate from Evolve, and I'm wondering how those of you who self-manage remotely handle emergency issues. 

I'm concerned that if I place an ad to find people who will work on an hourly basis (in the area of the property) that I might have a hard time finding people who can reliably respond to emergencies during off hours, but I can't afford to have someone working full time or with standard on-call rotations. 

I'm wondering how some of you have solved this problem. 

I am looking to sell a STR, Are there buyers who buy a fully furnished property? or do I need to empty it? What should be right way to find these investor buyers in the market? I am out of state and don't know a lot about the Jacksonville market today.

The property also has firepit in the backyard, smart door lock, cameras, thermostat, and router installed. The appliances are also all brand new installed this year- fridge, dishwasher, and washer/dryer.

HEY HOSTSS!! Would you say influencer marketing is worth the investment? 

Quote from @Nathan Gesner:

Quote from @Andrew Syrios:

I definitely thought they would cut rates but that's more than expected. Will be good for real estate but might indicate the economy is weaker than we had thought. And I thought it was rather weak to begin with. 

Weaker than who thought?

Politicians and federal agencies were lying about the strength of the economy. Everyone visiting the grocery store knows it. They are just now getting around to telling the truth.

costco is a great indicator of inflation on grocery items..  Fresh cracked dungess crab was 25 for a one pound container for years.. it flew up to 50 bucks.. there is no shortage of dungess crab in the Pacific oceans .. its down to 35 now.. but still high.. the meats the same way most all went up at least 50% and have not dropped.. chilean seabass was 15 bucks a pound went to 25k and has stayed there.. I am in KC last few days gas is 2.75 a gallon.. gas is still 4.50 a gallon in OR WA CA if not higher in some spots..

Hey @Collin Hays, I agree with you. That is why I said Full Bore.

There are recessions and there are RECESSIONS.

I don't want a repeat of 2007-2009. I would rather have it be more like early 2001. 

Quote from @Michael Baum:

Just announced. More than many thought including me. I figured 1/4 point then another in a couple of months.

Should be interesting to see how things shake out.

 Agreed, I think the market will really start to spur up when rates get a little more competitive.  People can't justify leaving their 4% mortgage right now this causes a little bit of a stalemate. 

Well, I'll repost here what I originally did in response to the email from Vrbo that some people got saying Vrbo was giving a promotional discount to prospective guests, and hosts could opt out if they wished.  Vrbo was not asking the hosts to opt in, just telling them they are doing it, and making them take the time to opt out.  That is, if the host happened to read that email.

They sent out new terms of service at that time, and it's addressed in one section:
"3.7.7 ...You also acknowledge and agree that we may on occasion offer discount pricing for your Property; provided that (i) any such offers will be available with respect to a broad number of Listings and not limited to your Property; (ii) we will provide you with electronic notice of such discount(s); and (iii) you may opt out of a particular offer."

So now we have to be sure to scrutinize any email from them, or risk losing money on a booking.