All Forum Posts by: Kyler J Sloan

@Nancy Bachety The purchase price is higher than I would like as compared to the appraised value, but should pay off in the long run. There are 15 acres, and the back end of the land is at the crest of a mountain upon which I would later like to build a large cabin with 360 degree mountain views (about 4000 ft elevation). 

When saying "if someone does not have a 4x4, they cannot rent the place", I should have added that this is because I am making a rule of it. If I don't, the occasional spin-outs will likely create ruts over time, as guests come up and down the hill. 

By requiring a 4 wheel drive, I might be able to keep my occupancy up while preserving the driveway. 

I'm still thinking it over. 

@Bruce Woodruff It is not that I have "made up my mind", but that you did not say anything to change it. If I were not still mulling this over, why post? No, the driveway does not require a 4x4; I have a front wheel drive car that made it up easily. I just like the idea of giving guests the option of having a 4x4 cheep with chains strapped to spare the driveway and grant access to those with questionable means of transportation (such as a 2-wheel drive with back drives). The hill does not need to be "impossible" for a guest to climb to make them uncomfortable enough to book elsewhere. 

The insurance on the Turo app would pay for dramatic damages such as the one you described. By the way, who here is "hand-holding"? -- You are the one making claims regarding what the guest can and cannot handle. 

Hands held? If someone does not have a 4x4, they cannot rent the place. By providing it, they can. This is the issue -- increasing occupancy. 

@Jon Kelly I intend to do what you mentioned. I have to get a new vehicle anyway, but travel for work most of the time; might as well make some use of it. 

@Luke Carl I would love to know the reason. If none is given, then I guess I will learn by trial and error. If you have special insight (which you probably do, if anyone on here does), I suppose that it will be revealed with time. 

You can accept or deny people on Turo, as with Airbnb. So, I guess that I would make sure that the names for the guest and car rental request match up. If I get a poor rating in Turo because I reject everyone else, that is fine -- I only intend to use Turo as auxilary to Airbnb. 

The drive is short, so I can easily fill it on each weekend or every other weekend, when I am by (this is a house-hack STR). I would like to eventually improve the condition of the road, but this seems like a good temporary solution to increase bookings throughout the winter months.

With Turo, safeguards are in place. I could simply restrict it to those who stay at my property, and pay my cleaners a bit more to take pictures and gauge its condition after the booking if it was used by the guest. 

@John Underwood What about through Turo?

I am about to close on a Airbnb property with a very steep and winding road, and was wondering if it would be a good idea to rent a jeep wrangler out to guests who do not have a 4WD? 

I would not be using the jeep often, and thought about parking it at the base of the hill with a lockbox.

Has anyone else done something like this, or thought about it? 

Thanks.

Then again, I have never arranged a renovation before or yet seen a bid. So, I am likely missing something. 

Please let me know if this makes sense. 

I was considering that combination because I need a window for getting the property ready to be rented and the Home Depot Project loan is interest only during the 6 month purchase period. So, my guests could ultimately pay for the materials under that option, while I prioritize paying the contractor first. 

Regarding the idea of giving the contractor access to the account -- yes, it would be a terrible idea if I did not know them. Then again, everything which arrives comes in my name, and I can just return anything which I don't actually need. Also, I would be notified when anything was ordered, and I could simply cancel it if he had not included it formerly in his bid.