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All Forum Posts by: Niti Bhat

Niti Bhat has started 14 posts and replied 33 times.

Post: Property management of str

Niti BhatPosted
  • Indianapolis, IN
  • Posts 33
  • Votes 8

@Brett Deas no it’s a small company

Post: Property management of str

Niti BhatPosted
  • Indianapolis, IN
  • Posts 33
  • Votes 8

We bought an str property a few months ago. It is managed by a property management company since we are oos.

It’s our first str rental so we are not sure how it works with the pm company. We have a owners portal and the person who manages it decides the rate and we never get to see the actual booking, even which website it was booked on. We only see in the portal maintained by the property management company how much we are getting after the commission. Recently there was a booking for a period of 20+ days and the rate booked was ridiculously low so we asked him to cancel that since we recently spent good amount of money upgrading the property and the rate was even lower than a motel rate for a resort styled property with a pool. He says that there was an error in the booking and he will fix it. Next day we see the price is updated ($20/night increase in the rate). We were not happy with that too since it was still very low. Then after an hour we see an increase of $4/night). We are not sure how he did that because we do not have access to the actual booking.

Any insights?

TIA

Post: Help with Airbnb set up near Orlando

Niti BhatPosted
  • Indianapolis, IN
  • Posts 33
  • Votes 8

@Sarah Kensinger thanks!

Post: Help with Airbnb set up near Orlando

Niti BhatPosted
  • Indianapolis, IN
  • Posts 33
  • Votes 8

@Tyler Gibson thanks will get in touch when we are ready to finalize the deal on the house

Post: Help with Airbnb set up near Orlando

Niti BhatPosted
  • Indianapolis, IN
  • Posts 33
  • Votes 8

We are planning to invest for STR near Orlando, Fl and have shortlisted a few. Since we are OOS, need recommendations for a company that can help in setting up the house for Airbnb/VRBO and also managing it.

@Bruce Woodruff right! Now we are looking for places without hoa.

@Andrew Steffens thanks you are right str’s not possible in this community.

@Luke Rorech thanks! You were right they do have minimum 7 months minimum lease.

Hello, does anyone l know or owns in Grand Bellagio condo in Clearwater. We are looking for investment as Airbnb and wanted to know if str are allowed in that community?

Post: Areas of Investment in Florida

Niti BhatPosted
  • Indianapolis, IN
  • Posts 33
  • Votes 8

@Karl Denton thank you will look into it