All Forum Posts by: Robert Damato

Hows it going BP! My name is Robert D'Amato. I am a buy and hold investor in the Milwaukee, WI area and am looking if anybody knows a rockstar contractor that they are willing to give a shoutout to. Make sure to let him know you referred him.

0 Votes

@David Bergmann okay will do. Thanks a lot!

0 Votes

@Dawn A. Thank you! That is what I had in mind. How much do you plan on renting your place out for during the DNC?

0 Votes

Originally posted by @Jake DeAtley:

@Robert Damato I have a couple Airbnb's and am in the process of rehabbing a 2bed/1bath lower unit of one of my duplex's and making it a 3rd airbnb. I would recommend checking out a youtube channel called Airbnb Automated. I have received some good tips from the guy that runs that channel and he manages over 60 STR's via Airbnb. He finds his cleaners from the FB marketplace and there is a way to upload your airbnb calendar to something like google calendar, then you can share the calendar with your cleaning company/individual. I dont know your market, but here in the PNW you can expect to pay $30-45/hr for decent cleaners. With an Airbnb, I'd budget up to two hours since you have to cycle laundry, unless you ask your guests to start linens as part of the check out. Many cleaning companies will have a 2hr minimum regardless. If you can find someone very close via fb or craigslist, you may be able to save some on the turnover, but I would make sure to create a cleaning check list and drop in randomly to check their performance, since they may not be professional cleaners. I have two airbnbs right next to each other and a long term tenant also next door that turns over my units. Thus, I am able to get a much better price, paying $30 for one and $40 for the other each turnover. If you have a trusted family or friend that is interested, you can make them a co-host so they can see the calendar live and also reply to guests if needed. If you hire someone that isnt from a professional cleaning crew, I'd make sure to set all expectations very clear up front, let them know they will likely be turning over on weekends, schedule can be very random, etc.
I hope that helps!

Thanks for putting in the time to wright that, this is big help. Also what are you seeing cashflows more, Airbnb or tenants?

0 Votes

Awesome, thanks a lot guys. I think I'm going to go the Airbnb route. the Airbnb estimator is 2.5x what I can get for rent, so if I cant get my ducks in a row, it should be a much profitable endeavor.

0 Votes

Hey y'all, I am wondering if anyone has had experience with Airbnb's. I currently own a duplex right in the heart of downtown Milwaukee, I have tenants in the upper unit right now and am considering putting the bottom up as an Airbnb. The unit is a brand new renovated 2 bedroom 1 bath with a full kitchen, laundry room, dining room and living room. The location would be perfect for an Airbnb as it is on the lower east side (for anyone that knows Milwaukee) and is 10 minute walking distance to the two most popular bar streets in the city, Water St. and Brady St. and a 15 minute walk to the lakefront. The biggest obstacle that I am dealing with is the turnover. I currently work from 6am to around 6pm during the week and would not have time to clean the apartment, I could only manage it from my phone. So my questions for this post are...

what should one be paying for someone/a service to come turnover the apartment for the next guest.

what is a good way for the cleaning service to know when to come.

what are some tips or tricks for the Airbnb itself to make things as automated as possible.

Thank you for your time,

Cheers!

4 Votes

All Forum Posts by: Robert Damato

Robert Damato has started 10 posts and replied 38 times.

Post: MILWAUKEE CONTRACTORS NEEDED

Post: MILWAUKEE CONTRACTORS NEEDED

Post: MILWAUKEE CONTRACTORS NEEDED

Post: Airbnb Cleaning / Management

Post: Airbnb Cleaning / Management

Post: Airbnb Cleaning / Management

Post: Airbnb Cleaning / Management

Post: Airbnb Cleaning / Management