All Forum Posts by: Leslie Anne Morris
Leslie Anne Morris has started 3 posts and replied 1252 times.
Post: VRBO Withdrawals Money in response to Guest Credit Card Dispute
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
It’s a bank regulation. If you win a dispute you get it back. I’ve had one chargeback from VRBO and won it. Same situation as yours, but I did have the guest sign a rental agreement which talked about our refund policy.
Post: STR vs LTR - How do you decide?
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Everything said is great and I will add it depends on area if an STR will be successful or not. You have to analyze why would someone be traveling to that area. Is near some popular vacation spots, a college, hospital, etc. It might not stay rented as an STR if the area and location are not good enough.
Post: What to ask a new STR co-host?
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
I wrote this for the BiggerPockets blog:
https://www.biggerpockets.com/member-blogs/14852/blog_posts/...
Post: Searching for a property for AirBNB
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Get a conventional mortgage lender who is licensed in the state where you want to purchase! Get a good insurance policy, I use Erie.
Post: Mike's Deal of the Day - August 1st, 2023
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Costco towels are literally the best…that is all.
Post: Navigating Homeowners Associations (HOAs) as an Airbnb Investor: A Double-Edge
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
It really depends on the HOA, they are not all created equal. Some are great, some are horrible, and some are somewhere in the middle I guess. It's hard to tell until you buy and experience it for awhile. As an investor I prefer to buy cabins that are secluded and have no HOA associated with them. But I do own a couple and manage several that are in HOAs. It's best to read the bylaws, play by the rules, but also get to know who the contact is at the HOA and don't p*ss them off.
Post: I just did a huge remodel of my house in Pigeon Forge
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Quote from @Bruce Woodruff:
Quote from @Leslie Anne Morris:
Quote from @Michael Baum:
Quote from @Leslie Anne Morris:
Quote from @Michael Baum:
Sweeet! You should send some of the pics to Dolly. I bet she would love it and respond! I have heard she is a great person.
Ooooh I was thinking this! But where to send them ?!
Dolly Parton, Dollywood, 2700
Dollywood Parks Blvrd, Pigeon Forge, TN 37863.
Maybe put it on her Facebook page? Not only might she see it, but think of all the possible guests that might see it....great job!!!
I'll try that!
Post: How to build in equity?
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Typically people who build get equity upon completion because they’ve built at a price per sq ft for less than what other surrounding homes are appraising for. So it depends on your market. Take a look at the area where you’re considering. Keep in mind a 3 bed / 3 bath isn’t a comp for a 1 bed / 1 bath. Also other considerations like acreage could skew comps.
Post: I just did a huge remodel of my house in Pigeon Forge
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Quote from @Valerie Budd:
Super job Leslie. Hope to see you again at the next conference!
Hi Valerie, you definitely will. I will be there!
Post: I just did a huge remodel of my house in Pigeon Forge
- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Quote from @Brian G.:
@Leslie Anne Morris how did you source a contractor for your new build? Seems extremely difficult and risky out there!