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All Forum Posts by: Mya Toohey

Mya Toohey has started 55 posts and replied 515 times.

Post: Just getting started!

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

Have you thought about house hacking?  If you have the mobility to do so it's a great way to get your feet wet and learn along the way!!!!  It is pretty popular here in the Tampa Florida area among your age group.  

Post: Typical PM Rate for Distance Managing

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

I'm in the Tampa Florida area and we charged 20% of gross profits.  I know the larger companies around here were charging up to 25% but it will probably vary no matter where you are at.  

Post: Building Contractor Qualifying Agent

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

Hello! Yes, we would be interested in doing so!  Let's chat!

Post: I need to change strategies. What should I do?

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

@Ivan Castanon 

I am in the Tampa area as well!!! Have you thought about trying to do a sub-to or any sort of partnership to do a BRRRR. If you have the right people in place it can still be done. You just have to get creative! I'm happy to help!

I agree with the time/effort rule.  How much time do you have and how much effort do you want to put into the property.  I've hosted 12 units by myself in the Tampa Florida area, but it was my full time job.  Utilize your resources on here and I'm sure you can come to a happy conclusion on wheather to self manage or hire a PM company.  

Post: Pool liability mitigation

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

It depends on what municipality you are in here in the Tampa area. Pinellas county has all kids of different rules depending on exactly where you are. It's safer to at least have alarms in n doors if not the fencing.  Especially since we have lots of pools. 

Post: Remitting hotel tax for direct STR stays

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

I'm in the Tampa area and mainly had mine in the Pinellas County area.  We also had a transient tax and municipality as well. I used Hostify and you can work it into the management system to figure and charge all of that for you.  

Post: Looking for MTR management software

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

I am going bursted in seeing what people like.  A lot of our STRs in the Tampa Florida are being turned into MTRs and this will be great information.  

Post: The Cycling Mermaid

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

That's awesome to hear!!!! I'm here in the Tampa Florida area too... Saint Pete to be exact. I've great success with STRs here. It is very competitive but if you utilize good resources and think smart you can do really well!!

Post: New to STR market in Massachusetts

Mya TooheyPosted
  • Real Estate Agent
  • Tampa Florida
  • Posts 609
  • Votes 291

I specialize on STRs in the Tampa FL area.  As you start you will want to take into consideration that many owners and hosts use more than just AirBNb to host their properties.  With the use of VRBO, Booking.com and direct bookings can all raise your chances of staying booked and being successful.   If you determine that the numbers look good, make sure to check other sites to see if the comparable property is on multiple sites that may add to the numbers.