Hey, Rob, that's great to hear! I just launched my first property in Louisville last month, and things have been a little slow. Any insights you can share on how you're having success?
Quote from @Robert Saag:
Hey, Rob, that's great to hear! I just launched my first property in Louisville last month, and things have been a little slow. Any insights you can share on how you're having success?
Where is it located? Bed-bath count? Self managing? Link?
Quote from @Rob Bergeron:It's a 4BR, 1 Full and 2 Half BA a block from Bardstown Rd. I'm managing it myself, and here's a link to it:
Where is it located? Bed-bath count? Self managing? Link?
https://www.airbnb.com/rooms/7...
Looks fantastic, but you need to at least get your sleep count to 10. Are you owner occupying? Permit? Proper zoning?
Quote from @Rob Bergeron:I have a permit for the property, and it’s approved for up to 10 people. My concern is only having one full bathroom and how that would impact the quality of the stay for 10 guests - that’s why I’ve limited it to 8. I’d also only be able to provide rollaway beds for two additional guests, maybe in the living room since the bedrooms are tapped out on space. What are your thoughts?
Looks fantastic, but you need to at least get your sleep count to 10. Are you owner occupying? Permit? Proper zoning?
Quote from @Robert Saag:
Quote from @Rob Bergeron:I have a permit for the property, and it’s approved for up to 10 people. My concern is only having one full bathroom and how that would impact the quality of the stay for 10 guests - that’s why I’ve limited it to 8. I’d also only be able to provide rollaway beds for two additional guests, maybe in the living room since the bedrooms are tapped out on space. What are your thoughts?
Looks fantastic, but you need to at least get your sleep count to 10. Are you owner occupying? Permit? Proper zoning?
It needs to show sleeping 10 and then tell them that one of them would be a roll away in the notes. Major ROI!
Quote from @Rob Bergeron:Thanks! I can update that today. What are your thoughts on only 1 having full bath? Is that a detriment or do the 2 half baths offset it?
Quote from @Robert Saag:
Quote from @Rob Bergeron:I have a permit for the property, and it’s approved for up to 10 people. My concern is only having one full bathroom and how that would impact the quality of the stay for 10 guests - that’s why I’ve limited it to 8. I’d also only be able to provide rollaway beds for two additional guests, maybe in the living room since the bedrooms are tapped out on space. What are your thoughts?
Looks fantastic, but you need to at least get your sleep count to 10. Are you owner occupying? Permit? Proper zoning?
It needs to show sleeping 10 and then tell them that one of them would be a roll away in the notes. Major ROI!
Quote from @Robert Saag:
Quote from @Rob Bergeron:Thanks! I can update that today. What are your thoughts on only 1 having full bath? Is that a detriment or do the 2 half baths offset it?
Quote from @Robert Saag:
Quote from @Rob Bergeron:I have a permit for the property, and it’s approved for up to 10 people. My concern is only having one full bathroom and how that would impact the quality of the stay for 10 guests - that’s why I’ve limited it to 8. I’d also only be able to provide rollaway beds for two additional guests, maybe in the living room since the bedrooms are tapped out on space. What are your thoughts?
Looks fantastic, but you need to at least get your sleep count to 10. Are you owner occupying? Permit? Proper zoning?
It needs to show sleeping 10 and then tell them that one of them would be a roll away in the notes. Major ROI!
Honestly, I wouldn't even think about it! Just get the sleep count up. It looks really great, you should be proud of it!
Some markets have a lot of saturation, and some markets are seasonal. Renters usually take big trips in Dec & summer- so those are usually the $ months. I would advise anyone starting out to follow the market trends in their area NOT the national hoopla and news. If you know what your seasons are you can take advantage and profit more by raising prices. Its all about strategy and planning before you buy.
Lexington STR was brutally slow last month. Our 15 Airbnb units in Lexington, KY went live in January. Prob one of the few high rise STR downtown, it was VERY SLOW but now we're booked solid. We have 8 more long term units we were considering for Airbnb but not sure the market is ready for that many.
Quote from @Will Bockoven:
Lexington STR was brutally slow last month. Our 15 Airbnb units in Lexington, KY went live in January. Prob one of the few high rise STR downtown, it was VERY SLOW but now we're booked solid. We have 8 more long term units we were considering for Airbnb but not sure the market is ready for that many.
January will be your slowest month so really if you are booked now you are good.
