All Forum Posts by: Leslie Anne Morris

I’d love to hear more about what your background and strengths are. Some of us here own property management companies and we are always looking for good partners. 

Maybe check some other markets that interest you!

Find a market that excites you with a $300k entry point. Pursue 10% down loan programs. You may be able to get there now! But do analyze all factors and know that a lot of us are playing a waiting game - always. 

Ownerrez, Beyond Pricing, Remote Lock. My company manages 20 units and we keep it fairly simple. 

I’ve only used Ownerrez and currently use them. Price point is low but setup and learning curve a little more difficult if you’re looking at going full API. I went with them because their direct booking website is very easy to setup quickly. 

10% down second home loan. Expand your budget to $500k purchase price buy turnkey for immediate cash flow. 

LOL! I’ve already had a claim…drunk driver versus cabin. So far so good. 

Previously I looked for 30%, in this market I'm around 20-25%. It also depends on what I'm looking to add to my portfolio. Territory, quality of property, etc. I might be willing to accept a lower ROI because I'm satisfying other goals on rounding out my portfolio.

Quote from @Michael Baum:

HEHE @Leslie Anne Morris! That is the exact opposite of what we have experienced. We leave out a pretty nice welcome box and I would say 75% of our guests send a thank you text. I will say that just because they don't say anything doesn't mean it isn't appreciated. At least that is what I choose to believe!

@Tom Freestone, I don't think booze is a good idea IMHO. Do you leave a welcome box out for guests?

Totally agree. We find they are mostly impressed with communication. 

Quote from @Melissa Allen:

Quote from @Leslie Anne Morris:

Check out Boostly. They help with SEO in the STR space.

 Just curious... what would be the benefit of Boostly over RankBreeze? Any ideas? 

Thanks!

Boostly does direct booking websites. The owner Mark Simpson is a friend of mine. He wants to move you away from Airbnb entirely. Which is a great goal if you’re planning to scale a portfolio or start a co-hosting or property management business like I did.