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: Nicole Robbins

Nicole Robbins has started 3 posts and replied 6 times.

Post: For those using Guest for Hosts...

Nicole RobbinsPosted
  • Rental Property Investor
  • Cary, NC
  • Posts 6
  • Votes 3
Quote from @Ken Boone:
Quote from @Nicole Robbins:

@Ken Boone I'm facing this same decision that you posted about 8 months ago. What did you decide to do and how are things going? Are you still on the GFH standard connection or did you make the change to the upgraded connection? 


 Nicole, I am still on GFH at this moment with the original connection.  I have made the decision to switch to Hospitable, whenever I switch, however let me explain why I have not switched yet.

Back then, we got s notice that GFH was going to force users over to the VRBO API connection.  This means, VRBO will no longer collect payments and no longer remit taxes on my behalf in my market.  I do NOT want to go that route.

From the research I have done, any PMS that uses the VRBO API is in the same boat. i.e. OwnerRez.  I have had extensive conversation with Hospitable and they claim to use an API, but they also emphatically state nothing changes with my VRBO connection.  I have confirmed with other Hospitable users that this is in fact true, that nothing changes with your VRBO connection.  I am a little perplexed how they claim API connection, yet they don't follow the same rules as the other PMSs.  All I can figure is that they are really logging in to VRBO on your behalf so perhaps they are just calling it API.

I have been hesitant to move until I need to.  The fact is, even though their support is the worst, I  really like the user interface for GFH, I also love the income reports.  And quite honestly when it is working, it works very well.  

This past week I literally sent a message in to GFH asking on the status of this project is and if I will be forced to move to the VRBO API connection.  Here is the response I got back a couple of days ago:

"Thank you for contacting us, Jelica here from Guesty For Hosts Customer Solutions. I hope you are well.

We received your inquiry regarding the Vrbo Standard connection and if you will be forced to move to the Vrbo Api connection.

To answer your questions, yes in the future the standard connection will be phased out and have to migrate to the new connection.

We don't have a specific time frame as to when, rest assured we will provide a heads-up for any updates on this matter and you will receive an email. We understand that some users prefer this connection so for the time being, it will remain the same."

So to me it sounds like this is still a long way off, and they are not sure of their plans.

Now someone told me this last week also, which may or may not be true, but they said they heard that VRBO will be forcing all PMS providers to use the API connection in the future.  I have no idea if that is true or not, but if that is the case, then I might be wasting time to move to Hospitable, if 3 months from now it will be forced to use the same API, that puts the billing and tax remittance back on me.  I was not able to confirm any of this via google so again could be speculation or flat out not true.

That was a lot but that is where things are with me and this move.


 Thank you for detailing your thought process. Besides a lag with Vrbo booking syncs and lack of responsive support, I too like GFH. And I despise the thought of switching PMS. I def do not want to track and remit taxes and prefer the way it runs now. I'll be one of the hold outs that will be forced to change when the time comes and the impact of the rumored VRBO API requirement is known, if it comes to fruition. 

Post: For those using Guest for Hosts...

Nicole RobbinsPosted
  • Rental Property Investor
  • Cary, NC
  • Posts 6
  • Votes 3

@Ken Boone I'm facing this same decision that you posted about 8 months ago. What did you decide to do and how are things going? Are you still on the GFH standard connection or did you make the change to the upgraded connection? 

Post: Need recommendations for an excellent tax advisor (I'm in NC)

Nicole RobbinsPosted
  • Rental Property Investor
  • Cary, NC
  • Posts 6
  • Votes 3

Hi everyone. 

I'm about to embark on the purchase of my first vacation rental property and need to establish a relationship with a great tax advisor to help me avoid costly tax mistakes. 

I'm in NC, but am open to working with anyone specializing in NC tax strategies, whether they live in NC or not. Can you provide a recommendation? 

Thanks! 

Post: Determining average vacancy rates in a certain area

Nicole RobbinsPosted
  • Rental Property Investor
  • Cary, NC
  • Posts 6
  • Votes 3

Thanks, @Cary F. and @Chris Seveney! I'll start with your suggestions and see if I can get some solid vacancy estimates. 

Post: Determining average vacancy rates in a certain area

Nicole RobbinsPosted
  • Rental Property Investor
  • Cary, NC
  • Posts 6
  • Votes 3

Hi fellow vacation rental investors (I'm new, but soon I'll also fall into this category). 

I'm analyzing the numbers on a mountain lake property in Virginia and am getting stuck on one of the most important estimates to get right - the average vacancy rates. 

Does anyone know of a website or tool that can help answer this question? One that can provide average vacation rental vacancy rates for a specific destination

Post: I've found my calling!

Nicole RobbinsPosted
  • Rental Property Investor
  • Cary, NC
  • Posts 6
  • Votes 3

After stumbling upon Rich Dad Poor Dad at the library, and subsequently checking out all every real estate book in the library, I'm HOOKED! 

I may be crazy, but I think my long-time desire to purchase a vacation lake home may be made possible by purchasing the home as a vacation rental property. 

I have read that vacation rentals, with their fluctuating vacancy rates can be a challenge to cash flow. However, my main goal is to break even and fund our desire to own a vacation home. 

I know I have a lot to learn and that's why I'm jumping in to the BiggerPockets community - the good, the bad, and the ugly!