All Forum Posts by: Matt B.

You can use something like Yourporter to get them to book directly to your website. Charge them a security deposit, ask for ID, and you're good to go.

The ultimate goal is to have your own direct booking website anyway. Good luck to you.

I haven't looked into this... thanks for the info

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Originally posted by @Bruce Woodruff:

If they approached you asking for a discount......deal off for me. Big warning sign. Run.

Is that typical or rare on Airbnb? I have only had two tenants try to wheel and deal on the rate

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Originally posted by @Bruce Woodruff:

How many weeks is a 'few'? Is it longer than 1 month? Then will have tenant rights in some states......

I wouldn't personally worry about ticking off AIR or VRBO, there is no way they can prove that he found you on their site....

I always turn down the longer stays even thought the money is tempting, the places always get filled up anyway. And short-term guests are much less demanding.....

But if you decide to go for it, just get everything written up as @Doug H. said, make sure you are COVERED!

Appreciate the insight...

As of right now I am thinking of writing up a short term lease for 28 days, but have a clause in there for a 3 day option if both parties agree after the lease has concluded. Or two concurrent leases for 14 days each. I too thought of a "squatters rights" issue when they first approached me about a month long stay. And this situation wasn't random as i was contacted via Abnb initially. they wanted to see/discuss the property first and when we did that they asked if I would negotiate. that's how this started.

I don't want to be greedy here I would rather play it safe as its an 800K+ townhome and we have had the rates very high as we want select clientele coming through. personally i run this at a 25% occupancy and that allows for the home pays for itself, our other place, and a car ...

i am probably overthinking it but wanted to see what other others thought about the situation

thanks guys

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Originally posted by @Doug H.:

@Doug H.

Oh wait. This is only for two weeks? (Sorry. Skipped over that.)

Two weeks - not even worth thinking about / the trouble.

Tweak your rates on Air / VRBO and fill the space.

Also, ask yourself, what kind of guest is this who wants to go to this much effort to save a little money? It’s probably not someone you want in your space.

Cheap guests =‘demanding guests = never satisfied = always asking for discounts and consideration during the trip = bad reviews.

as of right now its 4 weeks for 12K

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Originally posted by @John Underwood:

I do it all the time with no issues.

appreciate the input John… Do you write up a special short term lease? Are you wary of going over the 30 day mark? A friend advised to keep it less than a month that way I would not have to go down the eviction process (a long-term rental eviction)

Also do you add anything into the contract like $1000 deposit etc.

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I am intrigued with the idea ... guy wants to rent for a few weeks and mentioned doing it off the books. It would be a 10K+ booking. Its for him and his family as they visit for the holidays.

What are the risks here? I have a large umbrella policy on the property

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Originally posted by @Stephen Bethel:

@Matt B. By using this, you no longer require a 3rd party Registered Agent (ex. IncFile, LegalZoom) ? I am looking into more cost friendly options as I am paying for a registered agent service.

I am unsure but would guess you would still need one. I have an attorney that is my designated RA for all of my LLCs. My goal here was to get a "brick and mortar" address rather than a PO Bx... usually i go the UPS route but signed up for iPostal1 this morning as it has a location near my home.

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Originally posted by @Joni Chin:

@Matt B.

I guess you could but I need an address for LLC's in another state so that's why I have more than one. I also have a mailbox in my state that I use as my business address.

Got it .. thank you for the info.

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Originally posted by @Joni Chin:

@Matt B.

I use ipostal1. I think prices vary depending on location but I pay about $10 mo. And it's slightly less if I pay for the year upfront. 1 per LLC.

https://ipostal1.com/

I have seen ipostal1 a few times when evaluating these virtual mailbox companies Are you satisfied with it?

Also - i will have two LLCs & an SCorp in Jan. Finalizing a few things now but couldn’t i just use the one ipostal address for all instead of separate accounts / addresses?

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Originally posted by @Danielle Jackson:

Yes, they do it all! They have an app, scan your mail, forward mail, and will even deposit checks (forward/mail to your bank). One feature I love, is the Dropbox integration. It will scan and send everything directly to your Dropbox which streamlines the process tremendously for me.

I cant find anything concrete on Box.com integration on their website but assuming any of these cloud document storage companies would work?

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All Forum Posts by: Matt B.

Matt B. has started 13 posts and replied 76 times.

Post: Risks Associated with Doing an Off-The-App Longer Stay?

Post: Risks Associated with Doing an Off-The-App Longer Stay?

Post: Risks Associated with Doing an Off-The-App Longer Stay?

Post: Risks Associated with Doing an Off-The-App Longer Stay?

Post: Risks Associated with Doing an Off-The-App Longer Stay?

Post: Risks Associated with Doing an Off-The-App Longer Stay?

Post: Best "Virtual" Mailbox for LLC?

Post: Best "Virtual" Mailbox for LLC?

Post: Best "Virtual" Mailbox for LLC?

Post: Best "Virtual" Mailbox for LLC?