Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
4y
Kinda interested in the place and the deets.
I will say that most of the folks who have very high end rentals don't manage it themselves. You could reach out to some of the Lake Tahoe management companies.
You could also ask your questions here. Lot's of folks on here have higher end STR's. Mine isn't that high end, but many questions are relevant to all rentals.
Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
4y
Kinda interested in the place and the deets.
I will say that most of the folks who have very high end rentals don't manage it themselves. You could reach out to some of the Lake Tahoe management companies.
You could also ask your questions here. Lot's of folks on here have higher end STR's. Mine isn't that high end, but many questions are relevant to all rentals.
Investor · San Diego, CA · Member since 2017 · 27 posts · 28 votes
4y
Hi Ed,
My Fiancé and I own few STR's where our daily rate is in the mid $500's and has jumped to $1500/night during three busy weekends in April each year. She is the one who manages our properties and she has developed a pretty sweet system to automate as much as possible. She doesn't have a BP account but I can give you her instagram and you can feel free to message her if you would like. Just to give you reference, one of our properties brought in roughly $25,000 in April alone this year.
Rental Property Investor · Tennessee Florida · Member since 2016 · 4k+ posts · 5k+ votes
4y
Like how luxury? What’s PP? I have a couple in the 2mm range.
One thing I do is I don’t use the word luxury. Guests expect a bathroom attendant and turn down service lol
I would not be interested in the sellers bookings. Their guests are not going to be near as good as the ones I’d get. Also If this is a single family home the rents don’t effect the value anyways.