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All Forum Posts by: Aaron T.

Aaron T. has started 43 posts and replied 772 times.

Post: Tampa Bay Florida Feedback

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278

unfortunately, 200k in Tampa will get you a multifamily property in a undesirable area.  

Post: Who is investing in Puerto Rico?

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278

not all prices are low on the island. where you will make money in the STR market, the prices will be up.

we are contracted on a property now on the west side. expect 30-60+ days to close. nothing happens fast down there and finding good people to help are sometimes hard to find. 

Post: Inexpensively Furnishing STRs

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278

we try and buy used for 30 days before a property goes in service, but if we can't find like new pieces in that time frame, then we buy new. a 3/2 costs around 12-13k to furnish

Post: Vacation Rental

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278
Originally posted by @Damon Miller:

@Nayt Grochowski, I realize this is an old thread but I was wondering if there is anything I can do to get a copy of that VRBO Google doc. I have one SFR and I'm looking into getting a VRBO property in North Padre Island Texas. I live within 3 miles of the property so my wife and I will be managing it ourselves. It all seems great but the VRBO aspect is making me nervous. Anything is greatly appreciated.

Damon

the rental property calc on here will do the same thing.

Post: Vacation Rental

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278
Originally posted by @Jeivan Casto:

Hello everyone, im new here but I just acquired a 3/2 flat in Puerto Rico. Any suggestions on how rent or air bnb rates go over there or how should I approach this?

 start taking a look at other similar properties in your area. i.e. bedrooms, how many it sleeps, is it a house/condo/etc, location. all this will help as a reference point to start. 

Post: STR in Gated Community- How do you handle initial guest entry

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278
Originally posted by @Jon Crosby:

@Aaron T.  I think I see the gist of your dilemma. 

Perhaps you can leverage something like this to get the transmitter to emulate via a mobile app (assuming there is a product that works with the gate system and the HOA approves).

You could then open the gate for the guests on their arrival remotely and once they are checked-in they can just use the regular transmitter during their stay (same as if they had a garage door opener in a SFH).

https://www.amazon.com/Wireles...


Jon, thanks. I like this idea, but i dont think it would work to have guests download the app. I would not want to have to let them in, as i am in Colorado and this unit is in Puerto Rico. I believe i found a place i can put an oversized key box secured outside the gate. I may be leave the remote in there.

Post: STR in Gated Community- How do you handle initial guest entry

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278
Originally posted by @Michael Baum:

Hey @Aaron T., frankly I have never see this kind of access. I am not even sure what it is. Correct me if I am wrong, there is no keypad to open the gate. There is a remote like a garage door opener to open the gate?

Will this place have permanent residents? Maybe a retiree? It could be possible that you could work something out with a resident to open the gate and be a contact for guests.

Pay them some dough monthly to handle that job.


None of these options work. We run a professional automated STR set up. in this case, i want our guests to have self check in without anyone else involved. there are 20 units, i am assuming all will be sold to investors like myself.

Post: STR in Gated Community- How do you handle initial guest entry

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278
ALL, this is in Puerto Rico. there will never be a manned gate or they change how they do business. this would be ok if there was a pedestrian gate, so they can punch in and get the transmitter from the condo, but they don't. we have asked to put a concrete piller out front, where there can be a lockbox or some way to retrieve the transmitter. i was hoping someone came up with a cool solution to this. i know i am not the only one that has come across this before.

Post: STR in Gated Community- How do you handle initial guest entry

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278
this is a new small (20) beach bungalow community. there is an auto gate that has a transmitter, but no pedestrian gate or manned security. Yes they are STR friendly, but they have not thought ahead about the STR crowd and logistics.

Post: STR in Gated Community- How do you handle initial guest entry

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 921
  • Votes 278

how do you handle entry procedure for your STR in a gated community? I am under contract to buy a unit behind a vehicle gate in a gated community. do you meet your guest there? have you found a technology solution?