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All Forum Posts by: Robert R.

Robert R. has started 5 posts and replied 74 times.

Post: Purchase & Sales Agreement for a FSBO

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

Yes.

Post: Purchase & Sales Agreement for a FSBO

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

You can pick one up from a local title company.

Post: VRBO now Pay to Play

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

I paid them in December and get nothing from them. They were number 1 for me in the past. I will be leaving vrbo later this year. 

A useless and greedy company in my book. 

Good luck

Post: Selling My Own Home Without a Realtor

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

We sold 2 homes using a flat fee mls. both sold in under 2 weeks. You pay a fixed amount to put the property on the mls and do your own pictures. OfFer 2.5 or 3% to a buyers realtor or the going rate for their half and you have mls exposure. 

This is where I went. They assign a local realtor.

Fsbomlsads.Com

Good luck selling your home. 

Post: Owning a Home in U.S. Has Fewer Tax Benefits Than You Think

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

Agreed. 

It may have been a tax benefit before but all it effectively did was lower the high interest costs we had back then. 

Thank you for a great article. 

Post: Short ETF's to Hedge Risk

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

If you are correct it will work. If you make a mistake on market direction you will get slaughtered in these funds. 

Best of luck. 

Great article! 

Here in Gatlinburg Tennessee my rentals come mainly from Flipkey/Trip Advisor now. Homeaway/VRBO were my primary source for years until March 2015 when it all went downhill with them. They are greedy you know whats and that is all they care about. Telling us the fee is for more advertising and lying to the renters. 

I am dying to see how the class action goes there. I paid for a listing in December and am very sorry for it. Now receiving about 100 page views a month compared to several thousand views per property on Trip Advisor. 

Good luck on the class action. I am interested to see how it works out. 

Happy renting!

Post: HomeAway / VRBO Service Fee

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

I own Cabins in Gatlinburg Tennessee. For the past 5 years I received 80% of my rentals from Homeaway/VRBO. Last year I put our places on flipkey/trip advisor. At this time 95% of my rentals now come from flipkey/trip advisor. 

When my 2 recent listings were going to expire on Homeaway, I paid to keep one and let the other expire. The expired one I put on their highway robbery program of them taking 10% of the rental for each rental. Of course I now receive only 150 page views a month on the one I paid for and 700 on the 10% listing! I raised my rates on the 10% listing and only had one rental at each property from Vrbo this month. 

It is evident to me that Homeaway is money hungry. Why send inquiries to paid listings. They pocket that money and give them to the 10% listings. 

One other point. I have always had good reviews and lots of them. The paid homeaway listing gets very few page views. The same property always comes up in the top 20 on flipkey or trip advisor searches. 

We are currently putting together our own website for previous guests so they can skip the lousy booking fees. 

We do not us airbb due to their policy of allowing a renter to back out 5 days before for a full refund. 

Hope this factual information helps. 

Post: sellers attorney asking for more EMD after several days?

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

It depends if you have the funds and how bad you want the property. I would show up with a cashiers check for the original amount and tell him take it or leave it. 

Good luck on your decision. 

Post: VRBO for Regular Rental Home

Robert R.Posted
  • Investor
  • Gatlinburg, TN
  • Posts 75
  • Votes 33

In a family oriented neighborhood I would make sure the local authorities have no problem with this first. Lots of folks who would not want this in a famply area. 

Hope this works out well for you.