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All Forum Posts by: Leslie Anne Morris

Leslie Anne Morris has started 3 posts and replied 1252 times.

Yes we use Ownerrez to do this. It’s a PMS and allows you to build a direct booking site. Also operates largely as a CRM. 

Post: STR - REAL ESTATE CPA's

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

learnlikeacpa.com is who I use. I have 12 STR.

Post: Best Property Management Software

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

Ownerrez is more cost effective, but also same problem - can't call them.  Although, I will say they are fast on email and have online resources that are easy to follow.

Post: Short Term Rental Tax Benefits

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983
Quote from @January Johnson:
Quote from @Leslie Anne Morris:

learnlikeacpa.com 

I have seen you give this recommendation many times.  What, specifically, are you recommending?  The home page advertises a podcast.  I'm interested to learn how the site/services might be helpful to me or my clients.  Thanks!


 It's Ryan Bakke, my accountant.  He overalled my entire tax situation from day one.  He does consultations, but I believe they are paid.  I share the link because he has a ton of free resources and knows his stuff.

Post: 2nd Home Mortgage for STR

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

Sounds like you're out on conventional due to their underwriting requirements. All my DSCR lenders are basically starting at 20% down these days, some up to 30%. You'll have to get clever with down payment or what you're buying. Possibly look at a fix and flip loan. It depends what market you're buying in if that will work or not.

Post: Are Timeshares Worth It?

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

There are companies dedicated to unwinding people from timeshares. I owned one a long time ago and did make money while I held it and when I sold it…but I’m pretty clever LOL. I do not recommend it. 

Post: Short Term Rental Tax Benefits

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

learnlikeacpa.com 

Post: Choosing a Short Term Property Manager

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

They seems like a low split to me. Do a survey of what companies offer in your area and then pick the best one. 

Post: Is market demand on airdna meaningful?

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

Narrow down on your preferred market and get an agent who is also an investor. They can show you the ropes and help with projections. 

Post: App suggestions for self managing STR

Leslie Anne MorrisPosted
  • Real Estate Agent
  • Smoky Mountains, TN
  • Posts 1,261
  • Votes 983

Ownerrez and Beyond Pricing. Ownerrez is a low price point but large learning curve.