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All Forum Posts by: Bryce Cutler

Bryce Cutler has started 12 posts and replied 172 times.

Post: STR channel manager

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72

I use Hostaway as well. It works very well for me with 7 properties. My only comment would be that they get you set up with 4 sessions to get set up and I felt like it got me to about 50% of what Hostaway can do and the rest was up to me. I expected to be fully set up after the 4 sessions and now 5 months later I feel like I’m utilizing about 80%. The customer service has been great at assisting to get me to that point.

All said, I am happy with my decision and can see the benefit to help me scale my business.

Post: RENTREDI software issues

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72
Quote from @Jake Adams:

Is anyone having issues uploading documents to rentredi?  The site and app are not allowing me to upload a PDF lease for signing via app and website.   I have contacted support with no help, and it has been two weeks plus.  

On a side note, I am looking for recommendations of other management software.  The main functions that I use are rent collection, screening, and doc signing.  Thanks in advance.


 Hey Jake, I have always had issues uploading them. I was told that I needed to jump through a few hoops to get it to work and decided it was easier to just email it to the tenants.

Post: Capital District Area

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72

We own some multi family and manage some as well in the capital district. Happy to connect.

Post: Capital District Area

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72

Welcome Shelly. What are you focused on with your investing?

Post: Any STR experiences in Lake Placid NY?

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72

We rented it for 2 years then they put in regulations. Not ideal. We are lucky, it went from profitable to paying for itself and we are getting to use it more so it’s not the worst thing. Others didn't end up as well.

Post: Any STR experiences in Lake Placid NY?

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72
Quote from @Collin Hays:
Quote from @Bryce Cutler:
Quote from @Collin Hays:

Would love to hear comments.  Seems like this could be a semi-year round destination?

It used to be Collin. We own here and are now very restricted. We still love it for personal use but the days of being able to rent it enough to pay for it have gone away. 

 My goodness, that is awful.  So you were not grandfathered under restrictions?  


 We were not grandfathered in. They enforced it on everyone.

Post: Any STR experiences in Lake Placid NY?

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72
Quote from @Collin Hays:

Would love to hear comments.  Seems like this could be a semi-year round destination?

It used to be Collin. We own here and are now very restricted. We still love it for personal use but the days of being able to rent it enough to pay for it have gone away. 

Post: From Montreal looking into buying my first property in the US. Adirondack STR

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72
Quote from @Spencer Aitchison:

Hello all, I am from Montreal, Quebec and own a duplex locally. I am looking to diversify and start with either buying a lot of land to build on or a fixer upper to turn into a STR in the upstate NY Adirondack area (2 hours drive for me). But also use if it's not rented.


I am looking for recommendations for a realtor that works in that area. + if they are knowledgable about the STR market in the area.

Has anyone had success with STR in the Adirondack area that would like to share tips/tricks or things to stay away from. 

Thanks so much



Being in the Adirondacks is great but make sure you know what the STR regulations are in each community. Some don't exist, some exist and are STR friendly and some are very STR restrictive. Popular places like Lake Placid have very restrictive rules and Saranac Lake is discussing new rules for their community as well.

Post: Best platform to market STR; Evolve?? Etc?? Leaving the Mgmt Company

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72

@Shannon Green I will agree with all you have seen here. Evolve and others of the type are good in the beginning and as you learn more you realize they aren’t really worth their 10%. I self managed our first 2 after ditching evolve and we are now up to 5 and utilize hostaway to streamline our processes and it has certainly made things easier. Other PMS options are good and after months of research I chose Hostaway but there are several that are really good. No sense in spending a ton of time researching them all, they are all pretty similar but definitely have helped me with self management. 

As I’m sure you are figuring out, your best resources are right here in the forums. Best board of directors for your business. 

Bryce

Post: Which STR management software

Bryce Cutler
Posted
  • Investor
  • Wynantskill, NY
  • Posts 174
  • Votes 72
Quote from @Nikky Jarvis:

I'm new to STR and trying to figure out how to simplify the process and hopefully be less hands on. I find it overwhelming checking my phone all the time for any message from Airbnb. I would like to know the difference between Hostfully and Guesty - any pros and cons for each, including cost. Someone from Hostfully told me they would list my STR on other platforms including direct booking sites. I'll appreciate any suggestions.

Thanks!


 Hey Nikki, I just finished doing my research for which PMS to use and went with Hostaway. I currently have 4 units and growing and I needed to streamline things and 4 weeks in Hostaway has been great for me. There is a bit of a learning curve and getting it set up takes some time but I can already see the benefit of using a PMS. My top 3 after research were Hostaway, Hostfully and Hospitable. With just 1 property, Guesty, OwnerRez and Lodgify might be decent options for you as well.