All Forum Posts by: Leslie Anne Morris
Leslie Anne Morris has started 3 posts and replied 1252 times.
Post: Interior Designer for STR

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
I know of some in my market...maybe network with some local investors and see who they've used.
Post: Buying your own Professional Camera

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
A lot of photographers offer a reshoot option. They’ll come back and shoot just a quick update for a lower cost then a full package.
Post: AirDNA General Question

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
I wrote this to help out on the underwriting side:
Underwriting Made Easy for Short Term Rental Investors (biggerpockets.com)
Post: I think I might be paralyzed, looking for the STR veterans out there

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
I've felt that AirDNA has become conservative lately. I would go with your gut and the area expertise you've learned since beginning to invest there. Don't let an internet tool sway you away from what you know!
Post: Is there a rule similar to the 1% rule for short term rental purchases?

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
I’m looking for 20% cash on cash. I wrote this which you might find helpful in underwriting deals in this asset class https://www.biggerpockets.com/...
Post: First time getting into STR

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
I use Ownerrez and it can do a lot of those things. Thermostat we manage through Nest via app on phone, or have cleaners check the settings during a turn if it is a non-automated thermostat.
Post: Tvs in every room?

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
We put TVs in every room. Makes the place more appealing and isn’t too expensive. We put a cable box on the main TV and then stream to others.
Post: Is this a valid alternative for my vacation cabin?

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
Get a professionally licensed property manager who knows the area. Best option!
Post: Airbnb Enemy method (calendar availability)

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
It sounds like those listings you’re seeing have blocked calendars. Maybe they are only offering 3 months of availability at a time. Booking pace is starting to pick up. We are closer to 2019 then we have been in awhile.
Post: I'm always seeing people aren't booking as well anymore

- Real Estate Agent
- Smoky Mountains, TN
- Posts 1,261
- Votes 983
I think the people struggling are self managing in a market they don’t know. In a lot of cases they bought something and put it on Airbnb…the end. So you’re right, there are some touches missing.