advice for Airbnb design and rehab

advice for Airbnb design and rehab

Member since 2023 · 11 posts · 4 votes

Hi, we are closing on an out-of-state property that we want to use as our first Airbnb. And we're thinking, from an investor's perspective, what kind of improvements would give us the most bang for our buck.

The house is actually in a pretty good shape just has a bit outdated style (see photos attached). 

So far we just wanted to repaint the walls, change the living room floor from carpet to vinyl, and repaint the kitchen cabinets.

However, we are not sure if that's enough to attract good tenants (for a 3 bed, 2 bath detached home with a pool in Kissimmee area), or should we spend more time and update the countertop (not sure how it's important for STR), kitchen cabinets, bathroom vanities, etc..

Since we are out-of-state investors, the less amount of effort and money we can spend to get similar results in term of rentals, the better for us. So we are trying get in idea what is must have and what is just good to have.

Would appreciate any advice, thank you!

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John UnderwoodPro Member
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
3y

Check the competition on Vrbo and Airbnb to get an idea what you need to do to be competitive.

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  • JD MartinBusiness Member
    Moderator
    Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
    3y

    Clean the place up first and take new pictures for advice. The place is a rathole and other than offering advice on upgrading cabinets, etc no one can see what kind of conditions you're looking at. 

    Skyline Properties
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  • Member since 2023 · 11 posts · 4 votes
    3y

    Sorry about, the previous owner hasn't moved out yet. Here are a few more photos that might be helpful. Thank you!

  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    3y

    Check the competition on Vrbo and Airbnb to get an idea what you need to do to be competitive.

  • Sarah KensingerPro Member
    Real Estate Consultant · OH · Member since 2023 · 2k+ posts · 1k+ votes
    3y

    My honest opinion...for Kissimmee that entire house needs to be remodeled. You can still check out the OTA and see what other properties look like, than you can make yours comparable and possibly add something the others don't have.

  • Member since 2022 · 1k+ posts · 1k+ votes
    3y

    If the cabinets look clean on the inside then I would just paint them and add some nice pulls. That faded blue jean or cornflower blue color is all the rage now. Nobody expects to see photos of the inside of your cabinets. Will save you a lot of time and money. 

    Would probably do LVP over the floors. I wouldn't for a personal home but for a rental it's a no brainer. Counters look ok. New fixtures and shower door. 

    Not sure about interior paint, tough to tell from photos. 

  • Member since 2023 · 11 posts · 4 votes
    3y

    Thanks everyone! @Jon Martin your detailed advice is super helpful, appreciate that! What type of a shower door would you recommend? Thanks!

  • Member since 2022 · 1k+ posts · 1k+ votes
    3y

    I would do a frameless glass with a swinging door. They are a bit more expensive but worth it IMO. The number I've heard thrown around (and paid myself) is $1500 for frameless and ~$1000 for framed, installed, assuming standard size. If you go framed I would do black. There are some nice barn door style ones too. 

    Shower tile looks OK, maybe scrape out a column on each end and add some nice mosaic to brighten it up. 

    In general, look for small and inexpensive detail fixes where you can add some "pop" in the photos. 

  • Investor · Cabo San Lucas, Mexico · Member since 2023 · 150 posts · 139 votes
    3y
    Quote from @Alex Loginov:

    Since we are out-of-state investors, the less amount of effort and money we can spend to get similar results in term of rentals, the better for us. So we are trying get in idea what is must have and what is just good to have.

    This last bit scares me a little. We all want the most bang for our buck, but if you are locked in to STR as the only strategy for this place it is going to take some significant money to get this up to par, especially in a hyper competitive market like Kissimmee.

    If minimal effort and capital expense is your goal, I would explore a different strategy for the property. 

  • Investor · Cabo San Lucas, Mexico · Member since 2023 · 150 posts · 139 votes
    3y

    Is pivoting to a different strategy something that would work? Was this purchased using STR numbers?

    Using the two metrics of little expense and little effort I think that might be your best strategy. Unfortunately, the STR space is work and capital intensive, especially upfront with a value-add property.

  • Member since 2023 · 2 posts · 3 votes
    3y

    Not area specific, but when I remodeled my STR, I looked at everything that was renting around me. You can see the large variation in pricing based on what the place looks like and what standards it's at. I chose to do a full remodel and just get it over with, and I am renting for top pricing in the area now. I know a lot of people go for the "do the minimum necessary its just a rental" but if you want to get as much return on the property as you can, it's worth it to just do it once, do it right.

  • Contractor · Scottsdale, AZ · Member since 2010 · 2k+ posts · 3k+ votes
    3y

    I understand your market to be competitive, which means you need to do something special to stand out.

    That means completely change the look of this house. And furnish it nicely.

    @Jon Martin gave great feedback on how to do this on a budget. But based on your original post, I highly recommend you hire a designer to guide you here.

  • Lender · New York, NY · Member since 2022 · 1k+ posts · 1k+ votes
    3y

    Going to need a lot more lighting I think to stand out. Kissimmee is a tough place to play ball (in terms of how much competition there is, and how strong it is), so any bright lights/attention grabbers you can use for listing purposes would be helpful and should be a relatively cheap way to get some eyeballs looking at your listing. 

  • Property Manager · Kissimmee, FL · Member since 2019 · 445 posts · 266 votes
    3y
    Quote from @Scott E.:

    I understand your market to be competitive, which means you need to do something special to stand out.

    That means completely change the look of this house. And furnish it nicely.

    @Jon Martin gave great feedback on how to do this on a budget. But based on your original post, I highly recommend you hire a designer to guide you here.

     Your house has a ton of competition in Kissimmee. @Scott E. is absolutely correct. Unless you invest in new decor and put in some theming, your house will be viewed as budget accommodations and you'll get really low rates. Also, the theming should be current and look professional - you can't just throw a few decals on the walls. 

    Take a look at the top performing homes in the area on airbnb and vrbo, and see what others have done. Good luck!

  • Contractor · 32771 · Member since 2022 · 49 posts · 16 votes
    3y

    Invest in decor and theming. It may need a few minor things to make it functional as an STR. It is definitely about making your property stand put!

    Don't feel like you have to remodel it all at once either to make a difference. I remodel and theme STRs in Kissimmee and am more than happy to answer any questions.

  • Investor · Las Vegas, NV · Member since 2019 · 45 posts · 11 votes
    3y

    Hi Alex,

    I'm the Director of Architecture and Interior Design for DAT Group. At DAT Group, we primarily invest in real estate in Las Vegas, creating value through unique design while also providing passive income to our investors. We decide exit strategy based on current market conditions at time of putting the home on the market and city regulations ranging from STR, LTR and flip properties.

    I also own DESIGN HAUS INTERIORS and have had work featured in Forbes, LA Times, Architectural Digest etc. Please feel free to reach out if you have any design related questions! 

  • Realtor · Murrieta, CA · Member since 2016 · 373 posts · 203 votes
    2y
    Quote from @Alex Loginov:

    Hi, we are closing on an out-of-state property that we want to use as our first Airbnb. And we're thinking, from an investor's perspective, what kind of improvements would give us the most bang for our buck.

    The house is actually in a pretty good shape just has a bit outdated style (see photos attached). 

    So far we just wanted to repaint the walls, change the living room floor from carpet to vinyl, and repaint the kitchen cabinets.

    However, we are not sure if that's enough to attract good tenants (for a 3 bed, 2 bath detached home with a pool in Kissimmee area), or should we spend more time and update the countertop (not sure how it's important for STR), kitchen cabinets, bathroom vanities, etc..

    Since we are out-of-state investors, the less amount of effort and money we can spend to get similar results in term of rentals, the better for us. So we are trying get in idea what is must have and what is just good to have.

    Would appreciate any advice, thank you!


     1st question...where specifically in Kissimmee.....we have remodeled two in Kissimmee but have seen NICER homes further away from us go for less.

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