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All Forum Posts by: Tim Schroeder

Tim Schroeder has started 15 posts and replied 312 times.

Post: Guest request for video surveillance footage

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

I wouldn't. It's not going to benefit you and it could get you pulled into a legal mess of some kind. Unless they explained why and it was a good reason and you felt it was justified.

Post: Vacation Rental - Budget Credit Card Fees (@ 3%)

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387
Originally posted by @Matt Ayoub:

It does frustrate me how homeaway / verbs nickel and dimes credit card and foreign transaction fees in your final payout. Another aspect of the hosting experience that falls short relative to Airbnb.

 Both sites charge the same 3% amount. AirBNB calls it a booking fee, VRBO calls it a credit card fee.

Post: Vacation Rental - Budget Credit Card Fees (@ 3%)

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

What do you mean? A way to get it for less than 3%?  Or the best way to get it at 3%?  I doubt you'll find anything much under 3.

Post: Is it risky to buy properties to do AirBnB?

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

As people said above, learn it first then do it. There are many. many threads on this subject. But once you learn the basics, it can be very profitable - much more than LTR's - but a lot more work. However, some of that work is work you can mostly do from a smartphone lying on a beach. Other times it's a PITA.

Post: Hot Tub Expenses - is it Tax Deductible?

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

Of course

Post: Buying STR in Smoky Mountains

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

$250K will buy you a nice 1br with a loft (which rents as a 2br), and gross revenue will be higher than that if you self-manage. But Lucas Carl can (and will) tell you more and has better information than me.

Post: Airbnb Denver/ Aurora Colorado Newbie Question

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

Do you have an HOA? HOA's are common in Denver, and they frown on AirBNB big-time.

Post: Air BnB Rental Data Downloads

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

Bear in mind that AirDNA data will be a LOT less useful in markets where VRBO is the leader.

Post: Netflix and STR question

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387

I almost forgot a great trick I want to share. Anyone who has a Smart TV, Roku, AppleTV, etc probably knows that you have to activate most of the popular channels (History, NatGeo, PBS, FoxNews, HGTV, CBS/NBC/ABC/CNN/etc) using a cable provider account. One of my rentals has Spectrum Cable. Spectrum also provides a Roku app that, when you login with the Spectrum account credentials, gives you access to most of the good channels. And they let you can create a limited-access account that doesn't let people access your billing and service information, but does let them access all these channels. So, get Spectrum at one property, and use the limited-access credentials to provide all the other properties access to the good channels on Roku's, for free.

Post: Netflix and STR question

Tim SchroederPosted
  • Rental Property Investor
  • Castle Rock, CO
  • Posts 333
  • Votes 387
Originally posted by @Ken Latchers:

Lots of free movie/TV show sites, not need login

Roku channel, Crackle, Pluto tv, xumo, Tubi, etc

 No offense, but those aren't the channels people want to watch  :)