All Forum Posts by: Mike Grudzien

Or when things blowup and go south, just tell everyone that you got your advice off of social media...

We present ideas and opinions here, but when the rubber meets the road on a real deal: get local jurisdiction legal advice.....

Use an experienced real estate attorney.  Period.

Ouch!

I only have one 2/2 STR in its 11th year.

Have you checked the Classifieds section?

Ouch!

We never have had a full refund request, but in a couple of minor situations, after they stayed the full number of nights of the booking, I offered a "50% discount on their next stay".  And it worked.

You did a great job documenting and detailing everything.  And that's what did the trick.

It really depends on the market.  High-draw, resort, tourist markets do well consistently

We're in a college town (University of Oregon, Go Ducks!), so that is a draw.

Also Eugene, OR is situated such that either the Pacific coast or the Cascade mountains are each only an hour away in opposite directions.

STRs strategically located in large metro markets also do well.

 It's down to $725k!