All Forum Posts by: Jared Cooper

Thanks Lauren! I'm going to look into this one. 

Does Pricelabs integrate with Houfy? I've never heard of it but I'm interested.

Hi Sarah,

I have a seasonal market here in Phoenix-Scottsdale, AZ. I do a hybrid STR during the "on season" and then "off-season" MTR but also still do advertise for STR. I do use Pricelabs still during my MTR season for pricing my STRs.

Now, what I do for the MTR pricing is look at the "comps" for any furnished units on Zillow, Realtor, etc. and also go onto the OTAs and price out nearby comps. BTW FurnishFinder comps I've found tend to be on the lower price point (and less desirable décor usually). Once I have an idea on the MTR pricing then I go into an Excel Spreadsheet I created. Here, I can enter whatever nightly STR minimum rate I wish (from Pricelabs) and then see the host payout and guest "out the door" price. Finally, I use the monthly % discount to then make the OTA payout equal to my direct booking payout. The once caveat is that because of the demand pricing in PriceLabs (a surge pricing date) would result in a nightly rate greater than your minimum rate and thus less of a discount then budget. I'm open to any suggestions and/or different approaches too.

I'm based in Scottsdale and have a MTR/STR in Tempe. I'm happy to discuss and share any knowledge that mind help you with your setup. Send me a message and I'm happy to discuss.

Thanks Stephen. I’ll reach out and give your wife a call. 

Hi, 

Can anyone recommend an reliable interior designer for furnishing a short-term vacation rental (single-family residence). It's located in the Phoenix, Arizona area, 3 bed/2 bath, approx. 1500 sq.ft. Thank you!

Hi Rodney,

I received some "rough" quotes from speaking with contractors. This was for a detached unit with bathroom, shower, kitchen and utilities connected. It was also assumed to be built on concrete slab. They indicated that it would be well over $100k. I've seen some attached garage conversions which look a lot more doable and are probably less expensive. 

Hi Rodney. These guys are located in Fresno, CA and build these tiny homes. Understandably, they are built on a trailer platform (which might be a zoning issue in your location). However, the price is much less than a full scale ADU. I was getting quotes for over $100k when I looked at 400-500 sq ft ADUs. These are not as spacious as a a full ADU buildout but if you're considering the STR option than I'm guessing that these offer a much better cash flow.

https://www.californiatinyhous...

I'm looking for any referrals to property managers for the South Scottsdale, AZ (85257) area to discuss management for single-family home property management for long-term (> 30 days) tenants. Thank you!