Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Luke Carl

Luke Carl has started 175 posts and replied 4103 times.

Post: Purchasing 1st Vacation Rental - Website help

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Ken Boone I never would have guessed it was your first VR ;) 

Don't bother trying to book guests off platform. Maybe if it's their 3rd or 4th visit and you know you can trust them. But even then... not worth it. I love @Paul Sandhu but he's doing a whole different thing. 

You're getting ahead of yourself. Start booking guests on vrbo and airbnb and you'll figure it all out. Been in your shoes... It's not worth standing in them for too long. Just get up and running and move on. A website is a waste of time. Maybe if this was 2004 a website for bookings might be worth it. 

Post: Good property manager in Gatlinburg, TN area

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

Property Managers in the Pigeon Forge Gatlinburg area charge 40%. 30% if you're lucky. If you don't self manage you wont make money. Self managing is easy! I do it with 5 cabins and I have a day job. Nothing to it! 

Post: The Ultimate STR App/Service/Website thread - What are your favs?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689
My pricing comes from my brain. I change my prices daily, sometimes multiple times per day depending on the season and occupancy. I could never use or trust a pricing website much like I could never use or trust airdna. My compulsive obsessing does me much better than a website possibly could. There are many people using and having success with such things, it’s just not for me. As for deadbolts and thermostats.... I won’t reply here. It’s too much for one thread. I’ll leave it to the president Paul Sandhu even though the “ultimate thread” was my idea ;) Hit em with the Hein!

Post: Purchasing 1st Vacation Rental - Website help

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

We have a a URL that links to our Airbnb profile page if we need to quickly send a link to all properties via text or if it comes up in conversation.

We have business cards with the URL on the kitchen counter at all of our cabins along with koozies for @Avery Carl that say "This Cabin Is Not For Sale" on one side and "But if you want one, call Avery Carl" on the other side. Hard to say if the koozies work because Avery's phone seems to not stop ringing regardless. She's got quite the niche. She's a remote self manager (with my help) that sells cabins in the smoky mountains to other remote self managers and gives them the resources they need to self manage. It's not something you'll find every day in any market. **Insert @Paul Sandhu wife joke here**

No one seems to take the koozies or the business cards. I think it's more that they think they're not supposed to than anything. 

Setting up the airbnb profile page is very easy and somewhat similar to a facebook page with links directly to your properties. We maintain close to 90 percent occupancy year round. Hard to ask for more than that. Although I'm jealous that @Shelby Pracht is getting it done with just one platform that's rockstar! 

I'd be surprised if this link has converted one booking. It's more just easy access when a friend or family member asks to see them. But we also have a zero friends and family policy (meaning zero discounts). Learned that the hard way. 

Post: A motel closed in my town yesterday

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689
Paul Sandhu I agree with most of the advice here. Although it’s starting to get a bit ridiculous. I wouldn’t be worried about Tom Gimer comment that seems a bit much but I’m also small potatoes. I agree most with Julie McCoy My first instinct when I was reading the OP was that you should raise your prices and see what happens. Although I’m more of a prices medium-low and butts in the seat kind of guy, it seems this is an opportunity to test the waters. Do you have return stays? Will they be annoyed that your price was more than last time? Will you honor the old price for return guests if that’s the case? For us when we have people come back they generally just instant book and don’t even ask us about price. But this is a different ballgame. You’re already 90% full. You’re doing everything right. Up to and including worrying so much about your business that you post your thoughts on this forum. Bravo! As for the TVs Walmart has a 32” for $99. Check with the old hotel and see if they’ll take $30 and if they’re decent. I realize you need a TON of TVs but I’d rather pay $99 for a new one than half that for 8 year old junk. I’m sure you can find a better price on line with some shopping. Will the hotel go up for sale or sit vacant? All questions were rhetorical. Good luck bud! Sounds like you’ve got a lot of good problems to have!

Post: Buying Vacation Rentals in Gatlinburg

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689
There is a Short Term/Vacation Rental forum on here. Spend some time hanging out over there and get to know the cast of characters Paul Sandhu for president.

Post: Purchasing 1st Vacation Rental - Website help

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689
Hey Ken Boone craigslist won’t help you Paul Sandhu is doing a whole different thing. You don’t need a website. At least not right now. Just get it up on vrbo and AirBnB and get the ball rolling here’s the link to sync calendars I don’t know why this question is asked so much lol http://www.vrcalendarsync.com/faq/how-to-sync-your-vrbo-and-airbnb-accounts-to-vr-calendar-sync/ Happy to jump on a 1 hour call and teach you everything you need to know I do it often for BPers. No strings. Good luck!

Post: Airdna Data Accuracy + Example

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689
Russell Gronsky you’re joking right? LMGTFY http://www.vrcalendarsync.com/faq/how-to-sync-your-vrbo-and-airbnb-accounts-to-vr-calendar-sync/

Post: Airdna Data Accuracy + Example

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Chris Cantrell If you were in my market I'd talk to you! @Julie McCoy Self Manages in TWO different markets Remotely. She is a total pro. 

Post: Residential STR protected by LLC?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689
Jeff Oberts and don’t forget to send your guests and make them sign the rental agreement (easier done on vrbo than AirBnB) that says “if you break your finger it’s not my problem” so these situations never occur.