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All Forum Posts by: Chris Mury

Chris Mury has started 4 posts and replied 170 times.

Post: Looking to Become Full-Time Realtor

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100
Originally posted by @Will Armstrong:

@Chris Mury

Thanks Chris! I'm not really too concerned about high commission splits at first. I'm more concerned about the monthly and yearly fees. I know those add up quickly. Will those be higher with the larger firms?

No problem, Will! I'm not sure what other brokerages charge monthly/annually. My only fees are my splits to my brokerage and team. Good luck and feel free to message me if you have any questions!

Post: Looking to Become Full-Time Realtor

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100

@Will Armstrong

Hey, Will! I’d consider joining a top team in your local market. Interview with a few and pick the one that fits best.

Pros:

Leads

CRM

Office/desk/office supplies

Team-environment

Mentorship

You’ll do more transactions sooner and learn faster

Usually have access to a transaction coordinator

Cons:

Heavy splits to the team/brokerage

I think it’s a great way to get started. Good luck!

Chris

Post: Any Suggestions For A Good Insurance Broker in St Augustine FL?

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100

Hey Cory,

I would call Ryan Flagler with Brightway Insurance. His office number is 386-597-8200. Good luck and congrats on the purchase!

Chris

Post: STR Markets - where should I be looking?

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100
Originally posted by @Nancy Bachety:

@Chris Ng Very good returns. @Chris Mury is an excellent resource in this area. I’m sure he would be an asset to you in your search.

Thanks, Nancy! Chris, feel free to message me any time. Would be happy to help you! 

Post: Investing in Saint Augustine beachfront property

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100
Originally posted by @Likun Mishra:

Hi @Chris Mury, thanks so much for your insights.  We've looked at a couple of places, one in Butler and one in Vilano.  The problem is the property taxes.  We plan to use short term rentals to cover the mortgage/monthly payments but with the skyrocketing property taxes in that area, I'm concerned we may not be able to net enough.  Any ideas how much single family houses in Butler beach can rent for in terms of gross income in a year?  If you'd prefer I can message you separately.  Thanks!!

Hi Likun,

Rentals in the Butler/Vilano area vary greatly in terms of their potential rental income. Factors such as size, condition, having a pool, etc. all factor in. You should have no problem finding an oceanfront property that covers your mortgage/taxes even with rising taxes. Feel free to message me directly to further discuss.

Chris

Post: Investing in Saint Augustine beachfront property

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100

Hello, Likun! 

Great question! I would point you towards Vilano Beach or the Butler/Crescent/Treasure Beach areas of St. Augustine. Unfortunately, the city of St. Augustine Beach has tight rental restrictions and have issued just 100 "Transient Rental Licenses" which, of course, are all gone. Here's some details from the city:

https://www.staugbch.com/citym...

The areas I recommended have little to no restrictions on short term rentals and would make a much better investment if you're hoping to rent your home when not using it. Feel free to ask me any follow up questions you might have.

Chris

Post: Airbnb Rentals front door locks

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100
Originally posted by @Ryan Copeland:
Originally posted by @Chris Mury:

Hi Chris. Thanks for the response.  How have you been liking the setup?  Are you also using the locks David suggested?  

No problem. Yes, I'm using Schlage Connect locks (I think the model number is BE469) in conjunction with the RBoy Software and Samsung hub. It's hard to set up the first time but easy once you know what you're doing. They've worked perfectly with one exception that was fixed by installing their device handler for Z-wave locks.

Post: Airbnb Rentals front door locks

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100
Originally posted by @Ryan Copeland:
Originally posted by @David Bergmann:

@Chris Mury  So I learned about this just the other day.  Samsung basically stopped producing the hubs while they move their production to a new facility, and so those standard SmartThings hubs are out of stock everywhere and the only ones you can buy are marked up around $180 from what I have found.  

David - I see some used SmartThings Hubs on eBay.  If I went that route, do you have any recommendations on what gen to purchase (1,2,3)?

Ryan, I've been using the Gen 3. Give EBay a shot.

Post: Short Term Vacation Rental Management Software Recommendations

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100
Originally posted by @Melissa Bovee:
Originally posted by @Chris Mury:
Originally posted by @Melissa Bovee:

Here are thee tools I use:

  • IGMS for communication with guests and automation of communication (free for 1 property)
  • PriceLabs for organizing min stays on what days and for far out bookings as well as dynamic pricing ($20/ mo)
  • Remote lock for my automated keyless entry front door ($6/ mo). This connects with Airbnb so each guests gets a personalized door code active for the duration of their stay
  • Nest Thermometer

How do you like Remote Lock? 

Remote Lock works fine for me.  It was in place when I bought and I have had no reason to look for an alternative.  It can handle many permanent users (me, HK, maintenance, lots of other service providers) and it can handle all guest access each with individual entry codes.  I have it set up to send me a message each time a service provider enters, and only the first time each guest enters.  Notifications can be customized for each user. I can also adjust how often the lock connects to wifi and receives new information (Tradeoff quick response to remote adjustment for battery life of my lock). I can control settings for if and when it auto locks itself. It can handle multiple locks on the same property but I don't use that. The only upgrade I want is the option to automatically assign the entry code for a guest to be the last 4 of the phone number.   This is the code I use because my messaging system can use it to send check in instructions.  Currently the only manual step I have for a booking is to set the guest door code to the last four of their phone number. All else is automated. 

 You had me hooked until the end. My current system automatically generates user codes based on the last 4 of their phone number. It's not the easiest or cheapest to set up but it sure works well.

For those that are curious, I'm using the Schlage Connect lock/RBoy RLA software/Samsung SmartThings hub combo.

Post: AirBnb Expense Management?

Chris Mury
Posted
  • Realtor
  • St. Augustine, FL
  • Posts 178
  • Votes 100

Also using Stessa for my STR's. It's free (for now) and does a good job.