All Forum Posts by: Bailey Kramer

Bailey Kramer has started 65 posts and replied 212 times.

I agree it can be done without really going to the property much if you have the right team in place. I do feel that getting into the property to get a feel for it at least a few times will make you understand the guest experience much better. I had and self-managed 3 units in philly (about 90 miles from where I used to live) that did quite well. After I set them up personally, I didn't go back much at all but i understood the challenges and potential issues upfront. Also i had a great cleaner and 'boots on the ground' team

Yea I totally hear what you're saying! When I 1st started out, I was at the property putting in the blood, sweat and tears! After doing it a handful of times, I've just learned I can have other people do it for me #teameffort

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Quote from @Yiwei Cheng:

What are your guest reviews like?

Superhost status 2 years and counting!!! So 4.8 and above. And then no reviews on 1 property because we got a direct booking with an insurance company ( and so far those guests are happy!)

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Quote from @Luke Carl:

I agree with John. I don’t think I’d be proud of this fact as someone that’s getting paid to manage (you)

I’ve done this many times but I find it’s a max of about 4 months before you have to get there and learn the property.

You can’t sell your product if you don’t know anything about it.

Go touch it smell it feel it learn it know it.

I totally hear your point about touching and feeling "the product". But I do have a team in place to do that! I can sell my product easily from just seeing pictures, videos and market research.

For example, I have a property on a Lake that also has a pool and can sleep 8 people. I've seen the photos and videos and I have a rockstar team in place to handle the cleaning and maintenance. The property brings in $100K-$115K/year gross and there's no need for me to see the property. We've already got a repeat guest for next year.

I've learned that there isn't just "1" way to run a property! hahah

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Quote from @John Underwood:

I would never hire a PM that can't routinely inspect the property and help with things without having to pay someone else for every little thing that needs to be done.

Example: Had a problem with a 4k projector and surround sound system. PM spent multiple days troubleshooting issue and ultimately we had to replace projector under warranty. He provided a decent sized loaner TV during the process. Guess how much extra we paid for all this? Nada.

This was just part of his value add of being a boots on the ground local PM.

If your PM isn't local you may as well self manage.

I totally hear and see your point of view, John! Although I will say the scenario you mentioned could also be handled remotely...

I've had fires, broken windows, plumbing issues, YOU NAME IT, and the real key is being able to find the right person to do the job. Because if it came down to a projector, I wouldn't have a clue how to personally fix it, but I can definitely get the right person to do so!

1 Vote

Quote from @Sarah Kensinger:

So, what is the deal with you crashing in here again posting all these tips. :D

Just adding value LOL. I've learned a ton on Bigger Pockets and other social platforms from people sharing free tips, strategies, and experiences, so this is 1 way of paying it forward.

When I was a sophomore in College I hopped on BP and binged the podcast, networked my butt off, and honestly without it I wouldn't be where I'm at today!

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Quote from @Zach Edelman:

Kudos to you for leveraging the power of automation/technology to do more with less time. Hope it all works out.

Thanks Zach! So far so good (2 years in)!!

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Hey @Nick Bandiera and very excited for you!!!

Here are the sights that I personally have found a ton of success with mid-term rentals

-Ale Solutions

-CRS Temporary Housing

-Sedgwick Housing

-Furnished Finder

-Airbnb

-VRBO (Believe it or not, I've had mid-term stays from VRBO!!)

If you have any other questions, let me know (:

5 Votes

Quote from @Vladislav Khlopine:

Planning on purchasing a house , looking for help to furnish, set up and roll AirBNB/STR property. TIA

Hey Vldislav! I've got a recommendation, feel free to send me a message if you're still looking!

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I use Hospitable for my STRS and MTRs! It makes it super easy to automate messages, notify my cleaners, and keep track of the calendar!

When I get a mid-term rental booking from insurance companies or travel nurses, I just create a "direct booking" inside Hospitable and it'll automatically change the door lock codes and send it to the guests too!

Happy to answer any specific questions as well!

1 Vote

I own 2 Airbnbs and Co-Host several properties that I’ve NEVER seen in person!

It all comes down to having the right team, Technology, and processes in place!!

Teams (of course there are more, but these are the top 2 most important)

-Cleaners

-Handyman

Tech - Tech that makes running the biz simple from anywhere!

- Smart Locks

- Cameras

- My phone lol

Processes - Aka my standard operating procedures for...

- How trash is handled

- Cleaning procedures between each guest

- Ordering supplies

- Furnishing units

Have questions about running Airbnbs remotely? Or have insightful comments about how you run your Airbnb biz remotely? Drop em below!

4 Votes

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All Forum Posts by: Bailey Kramer

Bailey Kramer has started 65 posts and replied 212 times.

Post: Operating Airbnbs without EVER seeing the house

Post: Operating Airbnbs without EVER seeing the house

Post: Operating Airbnbs without EVER seeing the house

Post: Operating Airbnbs without EVER seeing the house

Post: Operating Airbnbs without EVER seeing the house

Post: Operating Airbnbs without EVER seeing the house

Post: How to list condo for mid term or corporate housing

Post: Looking for an experienced short term rental manager in Pensacola area

Post: Is Hospitable or Rentredi a better PMS for MTM or MTR?

Post: Operating Airbnbs without EVER seeing the house