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All Forum Posts by: KiKi Wood

KiKi Wood has started 4 posts and replied 177 times.

Post: What's your preferred PMS that integrates FF and AirBNB?

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Like the others said, I'm not sure if there are options that integrate with FF, yet. For systems, we generally use Guesty for Pros and PriceLabs for automation and dynamic pricing. 

Post: A few questions as I'm considering transitioning LTRs into STRs

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Hi @Tyler Sherman! That's awesome, congrats! Best was to learn about most of these questions would be to look at the "competition" in your area, that are similar to your home in size, and updates. Look at home much they're renting for, what their fees look like, and how full their calendars are! It's free to do through Airbnb. 

Post: Buyer's Agent Agreement or Not?

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Like @John Underwood said, I would only sign the buyers agreement for the property they bring you, or you know you're moving forward on. If you sign it prior, there's a chance you've "married" an agent that might not put in the work necessary! Make sure the check the boxes and do the work, then decide if you want to move forward with them. 

Post: Quick Tip on Guest Instructions!

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Great advice! We have signs like this at a couple of our properties, and it definitely helps nudge people in the right direction. Another great option is having a digital guidebook that sends to the guest prior to their arrival, that lists things like that, and entry info, wifi info, things to do in the area, etc! We have used Hospitable in the past for automated guide books, but we're in the process of making some on Canva. :) 

Post: AIRBNB is siding more and more with guests

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

That sucks! We have had stuff like this happen before, and there's really no way to get through to Airbnb or their support. It's frustrating! 

Post: Renting to 18 year olds

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

We allow 18 y/o guests, but we try our best to feel out the situation. Honestly, we haven't had many problems. We use questions to screen the inquiring guests to the best of our ability, and make a decision from there. 

Post: Keyless wifi door lock

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

We have had troubles before, but honestly Schlage is the best one we've found. Igloo is the other one we use, but seem to have 10x more problems than we ever had with Schlage. They're just so expensive! 

Post: Can you value a property based on AirBNB rental rates?

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

For listing price, it really is unique to that area, amenities, etc. What's most important is that in the listing, if you're really trying to lean in to the ADUs being Airbnbs, then I would add to the listing all the research you have done for the revenue, nightly rates, etc. It may help highlighting these features by staging the ADUs with furniture, further show it. If the numbers make sense, I think it is worth marketing it as such. Good luck! 

Post: Investing in Indiana,

KiKi WoodPosted
  • Real Estate Agent
  • Indianapolis, IN
  • Posts 182
  • Votes 75

Hi @Nikki Dupoux St Jean! I am a local realtor and investor, and I would love to help you out! :) I work closely with out of state investors in building their investment portfolio! My fiancé and I have a property management company as well. Would love to connect! 

Also, if you're looking for a lender that works with investors, I have a great recommendation! Growing a solid team is the most important step in building your out of state investment portfolio.

Hi @Mary Kaye pepperman! I'm sorry this happened to you. We have had it happen, and it's not fun! If they leave a review, you should be able to get it taken down if it is retaliatory in anyway. Also, you can either charge them for the damages (if you have proof) and if they refuse, then VRBO should pay out. Hope this helps!