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All Forum Posts by: Karina Busch

Karina Busch has started 6 posts and replied 39 times.

Post: VRBO collect taxes? Is it worth listing?

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Collin Hays:
Quote from @Karina Busch:
Quote from @Collin Hays:

We used VRBO exclusively, for a variety of reasons. Yes, they collect and remit taxes on your behalf.  


 But they don't know the tax rate? It is wanting me to tell them if it is collected on the total or per guest per night, when it is to be collected, and what the rate is? I have no idea. I listed this property on Airbnb already and didn't have to know any of that. 

I’m not a VRBO apologist. Sounds like you know the best answer for you.


I'm genuinely trying to learn as I hope to scale my business and have some other properties that will be transitioning to STR. I am just finding it to be "clunky" like someone else mentioned. Airbnb made it so easy, so adding VRBO is proving to be a steeper curve so far.

Post: VRBO collect taxes? Is it worth listing?

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Bruce Woodruff:

VRBO is definitely worth it. They are the original STR company and in some areas are the main player. As @Travis Timmons said, they can be kinda 'clunky'....but you can;t ignore them if you want to have a successful operation.

Yes they want your total tax rate. Maybe call them if you still have questions....I always found them to have much better customer service than ABnB.


 Thank you. I made it through that part but now I'm trying to figure out how to give my cleaners access to that calendar? I have 2 STRs in different states currently, and just have the cleaners as a co-host with access to the calendar. Doesn't look like VRBO has that option. Would love to know how everyone integrates it all. Do I need to just go ahead and set up a PMS, would that be the easiest? I do hope to scale so I'm trying to learn all this while I'm still small and get the process figured out up front. Thanks for everyone's comments!

Post: VRBO collect taxes? Is it worth listing?

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Travis Timmons:

VRBO does collect and remit taxes on our behalf, but they recently asked for us to submit the tax rate. I'm not sure why that would be, but I noticed that too. 

I think that VRBO's tech is really clunky, the guest profile skews older and more high maintenance (they just ask more really basic questions - i.e. how does the TV work? Smart lock isn't working? Ask for directions to places, etc...stuff that is pretty intuitive).

VRBO also takes 8% of the booking revenue. We've landed on pricing our VRBO rates about 10-15% higher than airbnb. We still get about 40% of our bookings from VRBO...it's a worthwhile hassle as I see it. 

Every market is different, though...there are some markets that are VRBO dominated and you have to be on there.  


Thank you I appreciate that. So did you provide the TOTAL tax rate (which I believe I found online) to include city, county, state, etc? I'm assuming that's what I use but it doesn't give me the option to say how much each is, just one total. Property is in AZ if that matters. 

Post: VRBO collect taxes? Is it worth listing?

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Collin Hays:

We used VRBO exclusively, for a variety of reasons. Yes, they collect and remit taxes on your behalf.  


 But they don't know the tax rate? It is wanting me to tell them if it is collected on the total or per guest per night, when it is to be collected, and what the rate is? I have no idea. I listed this property on Airbnb already and didn't have to know any of that. 

Post: VRBO collect taxes? Is it worth listing?

Karina Busch
Posted
  • Posts 39
  • Votes 20

I have done well with Airbnb but thought I'd put my new STR on VRBO also since some of you seem to get a lot of bookings there. Do they not collect and remit taxes? It's asking me how taxes are collected and what the rate is. I have no idea. It's already proving to be a much more cumbersome process than Airbnb. Is this worth the headache?

If sellers can prove income you could probably get a DSCR loan. Or explore short term owner financing if they would do that for 1-5 years.

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Tyler Divin:

One more point about duvets: the reason we sometimes use triple sheeting instead of a duvet boils down to cleaner personal preference.  One of our cleaners hates duvets because she doesn't like taking the comforter in and out.  I think duvets are superior, but since this cleaner hates them, her prices are fair, and she consistently produces 5-star reviews, we allow her to triple-sheet.  We're also comfortable with it as an alternative because there are large, well-respected hotel brands that triple sheet, so that tells us it's an acceptable method.


 I also hate switching out Duvets, it's a huge PITA IMO, so that's why I have steered away from that method bc I would hate to be the cleaners switching them out multiple times a week. So to clarify your triple sheet method, you put fitted sheet, 2 flat sheets, comforter, then another flat sheet on top? 

Post: Unlock the Secret to Scaling Your Airbnb Empire (Without Burning Out)

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Tyler Divin:

I'm curious what folks here think is a typical co-hosting arrangement as far as fees, who does what, and who's profile is the property listed on?


 I was quoted 22-30% of nightly rate with onboarding fees from $800-1500. So I'm continuing to self manage. This was in Sedona AZ. 

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Tom Woodhouse:

I'd recommend looking into getting duvets for your comforters so you can wash those every time and then maybe wash the comforter itself once a month maybe 


Thank you. I feel like duvets are great (and have them at home) but putting them on is always a PITA so I use a thinner comforter than can be washed easily and have extra blankets if the guests need them. 

Post: Frequency of washing comforters?

Karina Busch
Posted
  • Posts 39
  • Votes 20
Quote from @Patricia Andriolo-Bull:

Personally, I cringe when I hear that people don't wash them after every turn.  Our set up doesn't allow us to get them done each time so we have an extra set and our cleaners take them offsite to wash after each guest.


 Same! I use thinner comforters and have extra to rotate out.