All Forum Posts by: Mike Grudzien

I realize that "more is better", but can you deal with 70% or do you need to find the unicorn 80-85%?

See my other post in your other thread.

Start a relationship with a local credit union and talk to them.

Search the Forum: there's been plenty of great articles.
And: Use. An. Attorney.

I prefer Co-Hosts, but for every host it is a personal choice and varies with the situation.

 I agree with John.  And I'm old school.  
I personally call the guest within 24 hours of booking to thank them, ask if they have any questions about the property and ask if there's anything that I can do to prepare for their visit or enhance their stay. 
Then I send them a welcome message the week prior to their arrival. 
I meet and greet at the time of arrival (this step can be skipped for remote properties, but I live next door). 
Then I check with them the day after arrival to ask how was the first night, was there anything that they need or is there anything that the house was lacking.  Then I check with them on day of departure, in the morning, again to ask how everything was.
Along along the way, from start to finish, I let them know that I'm available 24/7, just a phone call away.
Yes, I'm OCD, but my average rating (100's of reviews) is 4.98 for 11 years...

--local real estate investment groups...
--a local chapter of Real Estate Investors Association (REIA)....
--a local facebook group for real estate investors that meet in person, no online BS...
--talk to folks at local title companies and tell them what you're looking for...
--call real estate agents and brokers in your area that already work with investors ---and ask for referrals.....

It depends:
--on your location
--your price point
--your Internet speed

Only allow a PM to "Co-Host" on an STR. They have access, but you own your page.

Garry,
I'm surprised that working at this level of real estate development and deal size that you and your partners don't have at least a dozen lenders in your back pocket that deal at that level and like your work....
I'm interested in seeing the answers here.