All Forum Posts by: Christina P.
Christina P. has started 1 posts and replied 3 times.
Post: STR in the Smokys - Expenses
- Kalamazoo, MI
- Posts 3
- Votes 1
I found Quick Relay in Sevierville offers 50mps (I think) through Wi-max. Wi-max is kind of like a long-distance wifi where they don't have to run any cables to the house. Just a receiver on the roof. Its truly unlimited and is $100 a month. If you have a clear path to one of their transmitters (our transmitter is on Bluff Mountain) they might be able to service you. The price and speed on their website is outdated since they just upgraded their equipment a couple of months ago. You will have to call to get the latest info and site survey.
Post: Game room or theater in basement space
- Kalamazoo, MI
- Posts 3
- Votes 1
Thank you all for the input. This forum continues to be a great resource and the members are so helpful.
There isn't room to do both a theater and a pool table. We do have a large TV and sofa there now and that may have to do. The pool table has a broken leg and will probably need to be replaced, so it is not as simple as just recovering it.
I saw some of modified crawl spaces you are talking about when we were house hunting. This is not that. I use the term basement since one wall is partially below grade and the kitchen and main living area is on the floor above. The rooms have full ceiling height and there are windows and an outside door and the plumbing is in the walls/ceiling. It is more like the first floor. The main entrance (kitchen level) is actually up a flight of stairs.
Going with a property manager for now at 30% plus linen, pest, etc. So closer to 34- 35%. Self managing is not an option right now since my husband and I both work full time. Maybe in a few years once we know better what we are doing. The rental history is strong and we have run the numbers and should be making a good profit even with the manager. Hopefully. I know I need to manage the manager to make sure we are getting results.
Post: Game room or theater in basement space
- Kalamazoo, MI
- Posts 3
- Votes 1
We are new to the STR business, having just purchased a 5br 3ba home in Sevierville/Pigeon Forge, TN area. The home has been doing well as vacation rental for 15 years prior to our purchase, but we are making some improvements. The pool table currently in the house is not in great shape and probably will need to be replaced soon. My question is, should we buy a new one or build a home theatre in the room currently occupied by the table? Which do renters prefer and give us a better return on investment? There would still be room a small arcade/game area in another part of the basement.