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All Forum Posts by: Andrew Wong

Andrew Wong has started 28 posts and replied 270 times.

Post: Airbnb tools for managing multiple listings

Andrew WongPosted
  • Investor
  • Milpitas, CA
  • Posts 278
  • Votes 155
Originally posted by @Rick Baggenstoss:

@Andrew Wong  Did you evaluate SmartBnb?  Anyone evaluate SmartBnb and NOT like it?

 I evaluated SmartBnb, I really liked it. But it's not a property management system. 

My issue was that I was bringing on someone to my team to help me, someone who wasn't there from the start. My partner and I had everything on Google Drive in various docs and excel sheets. But for someone new, having to decipher everything and try to realize what is happening, we needed some software to help with that.

SmartBnb helped with messaging, but I needed a place to centralize messaging across platforms, keep track of tasks, ability to modify listings in one place, amongst other things. Pretty much consolidate information in an easy way in one place for people to look.

Post: Airbnb tools for managing multiple listings

Andrew WongPosted
  • Investor
  • Milpitas, CA
  • Posts 278
  • Votes 155
Originally posted by @Michael McKay:

We manage 14 listings through a combination of Smartbnb and VReasy. They work for now, but as we expand we will probably develop our own software. The off the shelf products have some drawbacks at large scale (100+ units).

 What drawbacks have you noticed for software?

Post: Airbnb tools for managing multiple listings

Andrew WongPosted
  • Investor
  • Milpitas, CA
  • Posts 278
  • Votes 155

@Julie McCoy, definitely, three listings is easy. Now ten, that's a different story.

@Michael Kugler, still waiting for your software! Excited to see what it is.

Post: Airbnb tools for managing multiple listings

Andrew WongPosted
  • Investor
  • Milpitas, CA
  • Posts 278
  • Votes 155

I started using something called Guesty. $500 on boarding fee, and 3% of bookings.

It was cheap, and it did the job. I think across the board, they are all ugly and have hard to use user interfaces. It's like corporate software stuck in the 90s. 

I also looked at Streamline VRS and LiveRez, but they were pretty pricy, like $5000 to onboard.

I just found out about Tokeet recently, and would've tried it out. 

Post: Adapting to new short-term rental rules in Toronto

Andrew WongPosted
  • Investor
  • Milpitas, CA
  • Posts 278
  • Votes 155
Originally posted by @Account Closed:

Hi Andrew,

Toronto defines 'short term' as less than 28 days.

 SF Defines short term as less than 30 days, and has similar rules about primary residency.

To adapt, cater your AirBnB with your other rentals to 30 day plus reservations

Post: Adapting to new short-term rental rules in Toronto

Andrew WongPosted
  • Investor
  • Milpitas, CA
  • Posts 278
  • Votes 155

How does Toronto define a short term rental?

Originally posted by @Paul Sandhu:

30 night minimum stay seems rather long. 

 The laws in San Francisco have it so that you cannot do <30day rentals if it is not inside your primary residence. Well, specifically if you do not reside in the unit 275 days a year.

Highly dependent on where you are looking to invest. If you're in a big metropolis area, with lots of Airbnb, airdna probably would serve you.

If you're like Paul, where you're the monopoly, then... probably not.

Look to see on Airbnb if there are enough postings in your area so that statistics makes sense from Airdna.

Some amazing next level marketing here. Great idea.

Very excited about this @Michael Kugler!