All Forum Posts by: Mike Eichler

Good luck in your endeavors 

Love when new people start to get into real estate and have the passion to pursue it. If you are interested in Short term rental at all id love to help you out.

all the best, 

Mike Eichler

Have not personally used this one, but having your own direct website that you can have guests book through is an awesome way to reduce fees for both parties. You can also organically and use paid ads to push people to your site, and you can contact each guest that you get through Airbnb or other sites and suggest that if they want to book again with you that they do it direct and you can even offer them a 10% off to incentivize this, if you want to check out an example website you can visit, bespokestay.com

Hope this helps! Don't hesitate to reach out if you ever need anything!

All the best,

Mike Eichler

Hmm, this is tricky, best case always is to straight up ask them and see if what you are doing is okay with their rules and regulations.

Hope this helps! Don't hesitate to reach out if you ever need anything!

All the best,

Mike Eichler

Typically I would charge 150 non-refundable pet fee for additional cleaning needed after checkout. and any longer reservations I would bump it up to 250. We rarely see the damage left which is good because we keep the additional income and no new reservations need to get canceled.

Hope this helps! Don't hesitate to reach out if you ever need anything!

All the best,

Mike Eichler

The first thing to consider is do you want to do the work yourself or hand it over to a management company, you should always run numbers as if you would have a management company anyway because the plan is at some point you will need a management company because you will have too many rentals. If you want to do the work yourself first then of course it would help to be much closer, otherwise, you'd want a "boots on the ground" person who can handle quick little things, so you'd only need to go out to the far property if there is a bigger issue.

Hope this helps! Don't hesitate to reach out if you ever need anything!

All the best,

Mike Eichler

I'd love to help you with your numbers/estimates, if you find a place that you like in your criteria, id be happy to run some numbers for free for you, let me know!

Hope this helps! Don't hesitate to reach out if you ever need anything!

All the best,

Mike Eichler

There are always tons of good websites you can visit that will quickly tell you the legalities, or you can always call the zoning office/Township or HOA's and they will tell you for sure if they allow it or not. Also, I'd love to help you with your numbers/estimates, if you find a place that you like in your criteria, id be happy to run some numbers for free for you, let me know!

Hope this helps! Don't hesitate to reach out if you ever need anything!

All the best,

Mike Eichler

I'd love to help you with your numbers/estimates, if you find a place that you like in your criteria, id be happy to run some numbers for free for you, let me know!

Hope this helps! Don't hesitate to reach out if you ever need anything!

All the best,

Mike Eichler

I am currently looking around the smoky mountain area aswell, I work in STR management and would be more than happy to run some numbers on something you find for free, let me know how I can help.