Michel Solowitz
How to manage your property manager as an out-of-state STR owner?
I'm a Canadian buying two properties in the US for STR which I'll hire a PM to manage. What are some things I can do to make sure my PM is being honest and competent? It seems so easy to take advantage of an out-of-st...
Kevin Boyd
Thermostat Control to cut down electric bill.
My electric bill during the summers is around $1600/month. It’s already been over $1k/month for the past few months. I’m sure my guests run the AC 24/7. When the doors and windows are open, when they’re gone for the d...
Sofia Sharkey
COSTS TO CONSIDER WHEN ESTIMATING SHORT TERM RENTAL PROPERTIES
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
Andy O'Neal
Water Heaters in 5+ Bedroom Homes
I'm in the market for a new electric water heater for a 5 bedroom home that sleeps up to 12. I'm willing to go down to 2 gpm for each of three shower heads. In the experience of the esteemed forum members here at BP, ...
Bill Higgins
Virtual Assistants in STR Market
Does anyone have experience using VA's as part of the inquiry/booking process? It's important they are articulate and proficient in English so I'm expecting to pay significantly more than someone off-shore.
Matthew Wilson
Organizing your Systems
Hello BP STR community!I am Matt Wilson and I am beginning to invest in STRs in the West Palm Beach, FL market. My business partner and I are getting our operation up and running and I have been doing a TON of researc...
Ayodeji Kuponiyi
Rent Increase due to Tenant's Mom
A few months ago my tenant's mother expressed her interetst in moving into my unit (I have a duplex) when I informed her that I was looking to move out in a few months. Her lease expired and I agreed she could stay wt...
Luke Carl
AirBnB to Design and Build homes in 2019
Check out this article.
https://amp.fastcompany.com/90271599/exclusive-airbnb-will-start-designing-houses-in-2019
Nathan Gesner
Need bulk fireplace firelogs - Duraflame Gold or similar
We have a fireplace for ambience, not heating. Wood is messy and tourists aren't always safety conscious, so we provide a safer alternative: Duraflame Firelogs. Easy to light, they burn for a couple hours, no mess, an...
Emily Oquendo
Sublet and Short Term Rental
Hi, my fiance and I are new to real estate investing. We just purchased a home in upstate NY. We aren't ready to start short term renting and are looking for regular long term renters. An agent has a potential renter ...