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All Forum Posts by: Aaron T.

Aaron T. has started 43 posts and replied 757 times.

Post: Airbnb Occupancy Rate?

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272
Originally posted by @Melissa Kirchhoff:

@Aaron T. - Thank you, that makes me feel more comfortable knowing your magic number was 17 days. So I take it you're having a fine time covering that and I assume Tampa is a pretty good location for that as well!

@Loren Clive - Yes, same thing, Hawaii seems like an excellent location for that. I haven't called only because I don't think I would have much success if they knew why I was asking but again, I do stalk the sites and have a general idea for occupancy through that but they still have slightly different markets that they would be tapping into versus mine. If you have any tips on that though I'd love to hear (and I've been out there multiple times, people out there are much more friendly and neighborly than Chicago-land people!) =)

 Melissa,

My doors have been open 10 weeks and I have only had 3 days vacancy so far. and these were just a random day between other guests stays.

I based my numbers off what my annual tenant was giving, plus any additional expense like electric and cable I would have to pay for now. then ran my numbers.

Don't forget to include things like CAPEX, maintenance, Property Management. these will all still apply.

Post: You're thoughts on check-in / check-out times?

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

I am at 12pm check out and 3pm check in. We have done many same day turnovers, but I am going to move it to a 11am checkout, so that the cleaner has more time to do linens and not be rushed. I don't think the hour will make much of a difference, since most guests are out before noon anyways.

Post: Airbnb Occupancy Rate?

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

When I started my Airbnb, I filtered out all the like item places I would be competing with. then I looked at their prices and calendars to get an idea of what kind of business they  are doing. This will help you understand what yours may look like as well.

Then run your expenses against what you are seeing on these sites and if the math works, and makes sense to you go for it.

Mine came up with 17days occupancy per month to make money. Any additional days were bonus cash flow.

Post: VRBO trip insurance and vacation rental agreement terms

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

I would lean on the humane side of things. If there is a mandatory evacuation, which would be rare, just refund the unused days. This is good Karma and will reward you with a good review and future business.

Post: Looking for list of must-haves when stocking a short term rental

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

When I started mine, I put all the basics. then asked each guest what they would have liked to see in there. once I got that feedback, I would add to those items.

I also went through all the amenities that are listed in AirBnb and made sure I had as much as possible to leave me on the map, if people clicked a bunch of them.

Post: Seeking Advice -1st time home buyer (pre-approved)AirB -Tampa, FL

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

if your lifestyle allows it, you can always rent by the room in your place. that is a way to offset expenses (now a business expense) and generate income.

Post: Property Management Groups in Tampa/Clearwater FL area?

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

I have used Bahia and rent solutions in the past.  nothing negative to say.

Post: Opportunities in Tampa Bay

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

I have lots, but I am building on them.

Post: Off-Market St. Pete Flip in Historic Kenwood!!

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

just do a search, you will see it. looks fishy when the same property is listed on here for 10k difference in price.

we have had scammers on here before, so just calling it to your attention, so you can track it down.

Post: Off-Market St. Pete Flip in Historic Kenwood!!

Aaron T.
Posted
  • Developer
  • Aguada, PR
  • Posts 906
  • Votes 272

is this the same house someone else has listed on here?