All Forum Posts by: Angela Venger

The reason why they booked directly from airbnb because it was convenient for them, and also you do allowed longer stays. I think it's not professional to ask guests more money for utilities, because they did pay you on the nightly rate. However, you can inform them ahead of time, they are responsible for any missing and damaged items and they will get charged extra if they left the place dirty etc, you don't need to tell them directly about this, but send a check in message with all these rules included. In the mean time, you can reach out to them and ask them if they need anything for their stay, just get to know their travel plans. I would also reach out to my insurance company and make sure everything is covered. 

we only have the door ring, and so far that's been enough for us.

Yes, the mortgage rate has gone up, real estate sales slows down. But I still see the homes that I favorite in the past few weeks went on pending. Those home price average from $500-$700k. We live in PNW, and I know there are lots of high tech people here that make high income, maybe all of these buyers are just making lots of money? I do not see how a regular family can afford mortgage like 4-5k/month(include taxes)? Unless you are really paying 50% of your income towards your mortgage. Perhaps people just sold their old home and get themselves another home? 

We recently bought a house and are operating it as a short term rental. We installed a hot tub, the hot tub itself cost $12,600, along with concrete, electrical and yard work that is another $5k - $6k. We also installed a door in the garage that cost us around $3k. Do you know how we can write those things off? Can we do it at one time or it will depreciate with the house schedule? Thank you!

I think you should start with 2, if 2 doesn't work out then use 3, if you don't want the hassle, just directly use 3. The reason why you took deposit is in case your renter break things in your property, so their deposit can cover the repair cost. If you pay out of your own pocket, they might get used to your kindness. If something bad happen next time, they will think you will pay it too. Have your tenant pay for the repair, so at least she can be careful next time. 

Yes, we buy properties whenever we are financially ready. And as long as there is cash flow each month, we think it doesn't matter what currently market we are in right now. 

You can ask them to cancel, and tell them if you do get a new reservation, you will refund either partially or full refund depends on your new reservation.