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All Forum Posts by: Rachel Gainsbrugh

Rachel Gainsbrugh has started 2 posts and replied 19 times.

Post: address inquiry puzzle

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22

The address is needed for the adjuster to approve the property. We provide the address in these specific situations. Typically, these are families looking to ensure the property is within the desired school district and driving distance. I would recommend vetting the inquirer first, but yes, we always provide the address under these circumstances. If you're in an area where the scam potential is high, you want to be careful. Unlike Airbnb, these types of guests need exact information prior to approval

Post: Castle Rock- highest best use for House with View STR?

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22

We do luxury AirBNB.  This is a Hard no for me.  The math is not mathing.

Post: IGMS, Hostaway vs. Lodgify vs RMS for 2 Airbnbs?

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22
Quote from @Kenya L.:

@Rachel Gainsbrugh, Hi, What PMS would you recommend for 4 STR properties?


 Streamline - it’s enterprise software… so it’s a lot.  I recommend Guesty. It’s easy to use.

Post: MTR vs LTR?

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22

Congrats!  For your 3/2.5 I would lean into the insurance-backed MTR strategy for your Charleston property.   By opting for midterm rentals, you can tap into a market of insurance guests in need of temporary housing due to unforeseen circumstances. This niche market can provide steady demand, higher rental rates, and potential long-term partnerships with insurance agencies. With proper positioning, a well-furnished and accommodating property can attract insurance guests looking for convenience during their time of need.  We often get the same or higher rental income as STRs ... the the fact that we're  supporting individuals and families in challenging times when choosing is a PLUS!   

Post: Luxury MTR Rentals

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22
Quote from @Luke Stewart:

@Rachel Gainsbrugh have you found CHBO to be a great option? I have my properties listen on FF and airbnb, very little vacancy but curious about CHBO. I wouldnt call my properties luxury but definitely on the nicer side. 


CHBO can be inconsistent, but with the $300 cost easily covered by one booking, it can still be worthwhile despite its unpredictability.

Post: Atlanta Summer Solstice STR Networking Event

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22

We have dinner covered! Join us at Steady Hand Beer Co. for food, drinks, networking, and fun - you work hard and deserve this! - FREE -

BUT You gotta RSVP - https://www.eventbrite.com/e/a...

Post: Luxury MTR Rentals

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22

$5K per month through MTR is not just feasible, it's a life-changer. My strategy is  focusing on insurance companies, but they need a 'fast' solution to move in for their temporary housing or their clients. It's not just about having a cute luxury property, but ensuring it's ready to meet these clients' needs ..  And this isn't limited to one area - This month we got bookings in Illinois, Arizona, NC, NJ, NV,  Texas, Wisconsin, Georgia, Hawaii, FL, California, & more. A couple of reciepts below... Don't just rely on usual channels like Furnished Finder.. especially for larger properties. We also use CHBO and our community. Major thanks to Nick and Bonnie for shoutout!! 

Post: How to avoid vacancy gaps in midterm rentals?

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22

Hey Sean! I totally get your frustration - we only do midterm rentals & can be a bit of a juggling act, especially when you've got those odd gaps between bookings.  Love the above comments!! Here's my add...

From my own experience, here's what's worked for me:

1.  List Everywhere: You've got a great start with Airbnb, Furnished Finders, and Zillow. But don't stop there! The more platforms you list on, the more eyeballs you get on your property. I've even had success with sites like CHBO, Booking.com (be mindful... there's some fraud from time to time)... and others as well

2.  Target Specific Groups: Think about who typically needs midterm housing ... although we focus on MTR Displaced homeowners (paid by insurance) we have 3 other midterm rental avatars we serve.... like - relocation, visiting higher ed, movie industry, contract workers, etc. There are even websites specifically tailored to these folks, like  which I've found super helpful.

3.  Networking is Key: One thing that's worked wonders for me is networking with local hosts, businesses, realtors, businesses and institutions. 

every rental market has its quirks .... w/ a bit of research you'll master your mtr in no time.  Hope this helps!

Post: Is the rent by the room strategy good for MTR's (Nurses)

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22
Quote from @Christine L Wagner:

Hello everyone,  I'm very intrigued by the rent by the room strategy for the cash flow and filling a need for workers who can't afford an apartment. Has anyone tried it for nurses, nomads etc.  Do you find that nurses prefer the entire unit or are they willing to rent a room?  I've been told that they don't prefer a room, but would love advice from the experts on this forum.  

Thanks so much in advance.


My sister is a travel nurse and I am in health care. To answer your question, I would say that it really depends on the individual nurse's preferences and needs. MOST nurses prefer to rent an entire unit and not a shared space. Others may find that renting a room is a more affordable and convenient option. Ultimately, it comes down to personal preference.

I've seen 'by the room' rentals work for college students, young professionals, or and people on a tight budget. Cost living has increased so, this is a viable solution for those looking to save $$. Renting a room may also be a temporary solution for those who are in transition, such as people who are moving to a new city or experiencing a period of financial hardship.

Post: Do you price your rental different on Furnished Finder than you do on AirBnb?

Rachel Gainsbrugh
Posted
  • Real Estate Coach
  • Atlanta, GA
  • Posts 19
  • Votes 22
Quote from @Nicole Heasley Beitenman:

We're getting ready to list our first MTR, and I was thinking about testing out different price points on different platforms. Does anyone regularly incorporate price differences by platform, and if so, why?


 We don't use furnished finder.  Our price points are based on serving families displaced from their properties due to disaster.  We list mainly on corporate housing by owner.