All Forum Posts by: Sarah Kensinger

I would say your property is probably pretty far down the list since it was blocked off for months. The algorithm is properly ignoring your listing now. Instead, I've heard of hosts raising the nightly rate high enough it won't book or setting a 30-day minimum stay and had no issues with a double booking. I've never done that but it's a suggestion you could consider.

Everything I've been hearing for a new investor, Orlando is the worst market to get into right now. The numbers just don't pencil, and you'll be bleeding cash more often than cash-flowing.

We've paid more than $11k for a mastermind and haven't regretted it one bit! Your networth is your network! And while these groups help you a lot with the actual strategy, the best part is the network you'll gain which pushes you 10 times further then googling all the free stuff. It also helps you look more professional at the start instead of someone looking like they barely have a clue, which makes others hesitant to work with you. I'm not sure what group you have your eye on, but I know that Michael and Elizabeth Chang has one of the best STR arbitrage groups out there!

Not much help on this forum, but if you're serious about this strategy I would tap into Michael and Elizabeth Chang network and free online content, to get your "feet a bit wet". And of course, Florida is not the best state to start in, but there's many many other places. Goodness down there I couldn't get a decent LTR tenant that could afford to rent a property!

We don't want a video walkthrough accessible via a public channel due to security reasons, but if the person seems legit may grant one privately. But until the person books the property, Airbnb doesn't allow any links or attachments sent through the chat. So, you would need to find a way to get the potential guests' info, without Airbnb catching you moving the conversion off their platform. 

There's no reason for someone to charge you for these questions, and I'm a co-hosting company owner! To put it bluntly....if a company can't take 15-20 minutes and talk with an investor about the market and the possible purchase of a property, they're not a company I would recommend working with. Helping others and adding value should be at the top of their list, not making another dollar! If you want they're help applying for permits or getting contractors around, that's a different story, but general questions is what every business answers the phones for. 

BTW if you need a great PM/co-host company in Joshua Tree, reach out to me and I can send you some names.

We would love to use CC points when traveling but still trying to figure out all the tricks! I should DM you and when you get the chance I would love to know more.

Quote from @Viji Venkatachalam:

Quote from @Sarah Kensinger:

This strategy works and people do it remotely all the time! But what's the deal with the ID's, are they in the USA or not?

Who have you worked with for this?

I haven't worked with anyone since we prefer co-hosting but know oodles and oodles of hosts that do it. Just this morning we spoke with a landlord that has a tenant arbitraging his property, and it's doing well enough that he would like a shot at hosting himself. It's all over the place and landlords have far less hassles with an arbitrager that was screened just like a LTR tenant, then a 12 month live in the property tenant.

I would suggest trying someone local, may hosts have find their last resort at a local insurance company. But make sure to read the fine print of the policy, that way they don't say it's STR okay but in the fine print it's not.

Quote from @Andrew Steffens:

I have found lower end W/D more recently have been failing much faster than the higher end names (Samsung, LG, etc).  The warranty and service has also been lacking.  If I wa outfitting a property right now I would get lower end Samsung.

Totally agree with this! Washers and dryers take a beating at STR, it pays to get good ones!