All Forum Posts by: Rob Hilton

What Collin H. is saying is very accurate.  Vacasa will take a percentage of your daily rate, but keep in mind that they are charging your guests for cleaning fees and processing fees, both of which they will tell you is included in your 20%.  In other words, if they are taking 20% in a place like the Emerald Coast of FL, then what they are actually taking is more like 35-40% of the total take when you consider the cleaning and "processing fees" that YOU should be taking, not them.  They will communicate early and often when they are trying to onboard you, right up until the point when you sign the contract and your property goes live.  After that, good luck.  YOU are your best PM. 

Hey BP Family, 

Has anyone had issues listing their property as a STR when the loan was originated as a 2nd Home Loan? For those who have done so, have there been accusations of mortgage fraud? Thanks in advance.

@Michael Baum, well played. 

Anyone here have experience with STRs in Kailua-Kona? I currently live in SoCal and own an STR in FL, and I'm very interested in the Big Island STR market. I understand that STVR licenses are being issued only within the tourism zoned areas. I'm very familiar with the town, but I've never actually met with an RE agent or property manager in town when I've visited in the past. Planning to fly down in a couple weeks, and would love to hear from the anyone who has insight on owning and managing STRs on the Big Island while living here on the mainland. Mahalo.

Yes, looking to be a 30-yr fixed loan on the condo, and it's a leasehold property.  

Anyone have information on loan products for leasehold properties in Hawaii?  I'm hearing that cash is the only option on leasehold condos in STVR permitted areas such as Waikiki, or Kailua-Kona on the big island.  Just trying to find another way to purchase a leasehold outside of cash.  Many Thanks. 

Hey Richard, we weren't specifically focused on Perdido Key, rather more the Pensacola Beach and Gulf Breeze area.  But then our realtor found our PK house For Sale by Owner, and we jumped on it.  I've heard nothing but great things about PK, and I'm really glad we snagged the house.  So, I guess it was pure luck.  Are you considering a house or condo? 

@Zeona McIntyre Thank you.  Yes, please connect us, as I would love to hear more about this option.  

Hi everyone, 

Just went under contract on a 3/3 in Perdido Key, Pensacola, FL and am setting up a STR for the first time. Any recommendations on interior/exterior design, photos, and overall setup is greatly appreciated. Completely willing and able to pay for the service to get this marketing process right. Many thanks to everyone!!

Great feedback everyone.  Thanks so much.