All Forum Posts by: Erin Spradlin

 Well, I certainly agree that a repeated falsehood can become "fact" to undiscerning readers.

That said, considering the latest tax bill just signed restores 100% bonus depreciation and did nothing to alter STR qualification for it, I think its secure for the time being.

Point taken. Airbnb is just the platform, but so many clients come asking about an "Airbnb property"  that the terms become interchangeable sometimes. 

EDIT: I wrote from my wife's computer, so it posted as her.

No offense taken, and no, I dont use AI. I was a journalist for years before becoming a realtor. I just usually think in headings.

You can try to get something more for it, but at the end of the day, using a traditional agent who puts it on the MLS is still going to give you the widest exposure to active buyers. The comps will dictate price.

Too long of a list for a single post, but in short ...

Buy in a good location, something architecturally unique if possible (or make it unique through great design), buy great furnishings with an eye toward style to stand out, add a few amenities to stand out (hot tub, sauna, game room, star gazing dome...), and pay for killer photos.

In short, bring your A game. The space is too competitive otherwise.

Does anyone have a good property manager they can suggest in Sacramento? This likely would be for a midterm rental (or long-term unfurnished) and the property manager needs to be located in Sacramento. 

My aunt is in her late 80s and suffers from memory loss.

If anyone has a referral, please send it my way. 

 @Jeremy Jareckyj 100% agree with this. We manage all of our own medium-term rentals, but would never do an STR. Too much work.

@Orien Kuang - I think it's smart to try self property management on your midterm before paying 8-12% to have someone else do it. In my opinion, it is easy enough to do from afar as long as you have a relationship with a handyman, cleaner and a smart lock. (I don't recommend self property management on an STR. Too much work.)

My midterm rental occupancy rate is 92% and I usually get 40-65% above LTR unfurnished. Most of my midterm rental clients in Q1 are getting tenants within 17 days of going live. The timeline for this was longer during Q4. 

Depends on where you are located. If you have ample street parking and aren't in an area where the cars will get destroyed by hail, etc. than it is less of an issue. Some of your midterm rental tenants will still have difficulty believing parking is available (if they are from the cities), but for the most part- not a huge issue. 

 @Bonnie Low - Agree with Bonnie on this. Midterm Rental calculators don't exist because the mass data is hard to pull right now. I price my midterm rentals in Denver and Colorado Springs through a blend of rentometer.com, checking out the competition and paying attention to the season. It's still a bit complicated to get MTR pricing.