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All Forum Posts by: Shannon Strickland

Shannon Strickland has started 1 posts and replied 91 times.

Post: Carpet or Vinyl flooring

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86

@Mose Gebremeskel

Do you hear the people above you walking around? If so, is it at an annoying level or tolerable?

Post: Furnishing a property out of state/long distance?

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86

I just looked on Task Rabbit for my area, and trash removers here charge between $34-$98 per hour. It is worth it to reach out to some in your area—ideally, they have trucks.

The excellent online interior designer charged us $600 for what we needed for our MTR. It was the lowest tier of three. We'll pay more for our upcoming STR.

Post: Furnishing a property out of state/long distance?

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86

@Mary Ainsworth

I believe you will not regret choosing to go there, especially for your first time. It took us about a week of very long days to set up our entire 3-bedroom single-family rental. We assembled everything ourselves, which can get tedious, but everything we ordered was from the shopping list created by our online interior designer who charged an affordable fee. Although she specializes in short-term rentals (STR), she did an excellent job for our medium-term rental MTR once she knew our target tenant (see our profile). You can DM me for her website if you're interested.

Having a large rented dumpster for $500 was helpful. If we didn't have at least a small-medium one, a pickup truck or U-Haul for round trips to the nearest dump would have been useful. You can also call the company you will contract with for regular weekly trash removal to see if they offer a service. A junk removal company might charge around $1,000, but you could call companies ahead of time to get quotes. The company we once hired assessed how much garbage we had before quoting us $1,400.

(As an aside, you might want to schedule a real estate photographer for your last day.)

Post: Furnishing a property out of state/long distance?

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86
Quote from @Christie Gahan:

Make sure you have trash service!  Order an extra can for all the cardboard boxes, bubble wrap that is gonna be coming your way.

Yeah—gotta consider garbage! For a three-bedroom single-family residence, we filled a 20-yard dumpster with packaging from furniture, decor, and appliances.

Post: Is the Facebook group for FF necessary?

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86

@Rebecca E.

After paying Furnished Finder (FF) and publishing your listing, you will receive leads through both mobile and computer apps. Personally, I get leads via the app almost every day—I don't really know how to use Facebook (FB). If you are not receiving leads through the FF app, it's time to troubleshoot the issue.

Best regards,

Shannon

Post: How to handle mid-term renters who want to tour an occupied house

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86

@Stacey T. In preparation for tour requests, our real estate photographer created a walk-through video the same day she took photos and created a floor plan. I explain to the tour requester that I cannot disturb the privacy of current occupants, but I can share the video after the initial tenant screening.

Post: Furnishing a property out of state/long distance?

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86
Quote from @Allen Duan:

Hello! We've done this before for a client. ... Happy to share more about how we did it if you're interested.

@Allen Duan, I am interested in you sharing more about how you deal with this situation.

We are facing the logistical challenge of furnishing an out-of-state house too. When we furnished our local first house, the items arrived in trickles over a few weeks. How do you handle trickling deliveries out-of-state?

After everything is present, we will travel to the out-of-state house to set everything up with the help of Task Rabbit. Then we will stay a few nights to ensure that everything is just right for the guests.

Shannon

Post: What makes a 5 star experience?

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86
Quote from @Zach Strong:

Thanks for the insight @Michael Baum, do you go into a new STR with a specific guest demographic in mind or tailor the experience to one you notice is showing stronger interest as you operate?

I'm sure the property and location you're listing help define a target demographic but I'd love to know your approach.  

It might be a good idea to analyze the reviews of your exact competitors to understand common themes and demographics.

Shannon 

Post: ADU income can now count toward loan qualification

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86

@James Carlson

Thanks for the update. Does that apply to CO only, or is it nationwide?

Post: BP pro worth it for a newbie?

Shannon StricklandPosted
  • Rental Property Investor
  • Northern Virginia
  • Posts 91
  • Votes 86

@Sherrie Tullsen-Chin

Although I have practiced with many BP calculators, I didn't find them useful for analyzing houses to hack. You can search for a House Hack Calculator and experiment with it until you feel confident. After that, try to practice regularly so that you can easily identify a good deal when you come across one.

Shannon

P.S. My DH is from FM.