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8 November 2024 | 47 replies
I’m starting with just 1 listing but plan to recruit neighbors in my beach market to list on my custom website tailored to our community / market so I hope to be at 10+ listings soon even though I only own & operate 1 right now.Guesty’s pricing did not appear to be competitive and for someone starting with fewer than 4 units but planning to scale up behind that, Guesty does not offer a migration path from their “for hosts” product to their “for pros” version - it would have been a complete redo on setting everything up.
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6 November 2024 | 26 replies
I have tried to do my due diligence on the company and founders and it appears to be legitimate - but I could be missing some things.
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11 November 2024 | 16 replies
While it was tempting to make a margin on cleaning fees, we believed it was shortsighted; it was far easier to charge more per night with great reviews than to pocket that money and deal with cleaner turnover and unhappy guests.No Checkout Instructions: We believed people were on vacation, and since we already paid our cleaning team well (see point 1), we didn’t feel it was necessary to ask guests to do anything.
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8 November 2024 | 2 replies
For this particular property, I went to see it today and the conversion appears to be a rather simple project of moving a door.
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7 November 2024 | 51 replies
Hopefully they changed their fundraising efforts as it appears based on link above they were fined $85k by the state with their former company.
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8 November 2024 | 5 replies
You own it until you sell it.To make the most money as a wholetail you want to fix unattractive things (at low cost) and clean and spruce up the appearance as a whole.
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7 November 2024 | 1 reply
Appears to be equity and not recorded loans either.
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7 November 2024 | 6 replies
*Investor-Focused Solutions: Custom loan structures that make it easier to get deals done, from seasoned pros to first-time investors.I’m passionate about helping investors simplify the loan process and make smarter financial moves.
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14 November 2024 | 30 replies
Thanks for the tips @Mindy Nicol, I do think MTR would be easier to manage for me allthough I do have time for a part time job, I see where you are coming from with repair costs and all and STR sounds like it can be a pain (I followed a few groups on facebook and have read horror stories :D ).
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9 November 2024 | 44 replies
I.e. which method is easier to finalize, which one would cost less, which one is less risky in terms of clarifying title&liens, etc.Thanks.