All Forum Posts by: Luke Carl

Originally posted by @Wes Short:

@Luke Carl what is the PP percentage? Is that the booking rate of people that view your property? Or is that talking about the rental income compared to the home value?

 Give me a call I’m available now 

Yes I PMed my phone number call me in 30 

@Jenny Bui Hello! If you can’t get your monthly number close to 2% of PP (at least 1.5%) with self management don’t bother. Self managing a VR is not for everyone. That being said I do it with 5 of them that are far away and some might say I have zero customer service skills 

Yes! This is what we do. I do Vacation rentals Paul is the short term king. put someone in that thing long term and be done. Sell the one in Maui and buy more long terms that cash flow and use that money to go on vacation to wherever the hell you want! 

I have taught my entire market how to be my competition lol. My places are still packed every night

If it’s renting for $250 per night what help do you need? 

@Cory Mosby That damn podcast did the short term forum way more bad than good. Just save up for a down payment and buy something of your own.

@Nathan G. Is right and wrong. I self manage 5 from 8 hours away round trip. Very little time involved but there is a certain stress level concerning the reviews. Depends on your market Orlando seems to be one of 3 that actually make money. I’m in Gatlinburg Pigeon forge.

@Curtis H. Don’t even bother take the 1500 per month and run!

Originally posted by @Hubert H Byron III:

@Mike B., @Sid Payne, @Chuck Kramer, @Richard Ibeh, @Mark S., @Lisa Graesser, @Luke Carl, with installing all this cool technology, are you able to charge a premium for rents? How has this helped things like your operating expense, net profit, tenant retention vs. competition, etc.? I am curious about what sort of benefits you've seen to the bottom-line/performance of your rentals. Thanks! 

 The benefit is the guests let themselves in and I don’t have to be at my property. Which is 8 hours round trip.