All Forum Posts by: Jake Knight

This sounds like an episode of House Hunters San Jose. Husband and wife debating the merits of two completely different properties. The theme song is playing in my head... 

I live in 95132 but would rather live in Willow Glen. Maybe not where this property is though. Doesn't feel like Willow Glen. Commutes from both of these houses would be tough if you work up 101. Eastward to Berryessa in the PM is an underrated commute.

Regarding appreciation, neither husband or wife are right because we don't know how each neighborhood will progress. While Berryessa doesn't have the same cache, quality of life, or shopping as Willow Glen, the schools are good and BART could further drive demand for housing here. Both neighborhoods have solid long-term prospects for growth but appreciation is unpredictable so maybe they should cancel this part from their argument to help narrow it down. 

At the end of the day these are two very different properties and they will have to arm wrestle to decide a winner. Personally, I go with the house in Berryessa. 

Mayor Ed Lee, everyone...

"San Francisco Mayor Ed has vetoed the city's 60-day hard cap on the amount of time residents can rent out their homes through Airbnb and similar competing sites."

Mayor Ed Lee vetoes 60-day cap on Airbnb rentals

http://www.bizjournals.com/sanfrancisco/news/2016/12/09/san-francisco-mayor-airbnb-veto-rental-cap.html?ana=e_me_set1&s=newsletter&ed=2016-12-09&u=bpW3lOdHtximvqQpR1HW%2Bg05096737&t=1481299081&j=76707541

@Michael Kugler your site is blocked bcuz I work at a bank and they block basically everything... thankfully not BP.

In about 3-4 weeks I will start setting up my listings, so I'll be able to take a closer look and get set up prob in Jan.

Sounds like it's the trip back to the bay that you never want to have to make :/

@Kyle Gale can elaborate on how to "Push reviews on all listing sites your property is listed?" How would I do this?

Great stuff @Kim Tucker. I recently started mailing the same demographic in addition to what I was mailing before and am optimistic that it will pay off in time. I also have been trying to figure out retargeting. Ironically, I had been complaining to my wife that all of my shopping history kept showing up as ads on other websites, then I learned what it was and how it could work for my website. Now I'm all for it! Go figure.

Hi Michael,

I would be open to listing when my property is ready in a few weeks. How will you be driving guest traffic to the site? (Your site is blocked from my work computer so I apologize for not doing my own research). Does it matter what market I am in?

@Blair Russell I agree with you about booking as much as possible don't get me wrong, but I'm a believer in optimizing pricing and think it's okay to strategize on the near-term basis without overcomplicating it. But since I am just starting out my prices will be lower anyway, and I appreciate hearing different viewpoints.

@Blair Russell 

 the ABB Expert's Playbook. Author wasn’t saying to NOT take bookings past 30 days, but if you are outpacing your competition in terms of 30+day out bookings, you might have room to increase prices. Use it as an indicator. I should’ve used the words “more than your competition” as opposed to “a lot of nights.”  Also that it may be stressful to manage on a shorter-term basis, but you can still achieve a high occupancy and high prices by focusing on pricing strategies for the next 30 days.

@Blair Russell that's a good point. I was going to get a DVD player for our sunroom TV and have the smart TV in the main room, but I guess it would be about the same cost to get a streaming stick instead.

@David Lowe I think you'll want to focus on what calendars look like primarily for the next 30 days. Keep checking back every week to see what the next 30 days look like for competitors. I don't know Charleston's tourism levels in January but I imagine some non-ski destinations might see a reduction in occupancy for Jan. Just keep checking back on a bunch of the same rentals and see how their calendars fill up.

 I recently read that as an owner, if you're booking a lot of nights that are over 30 days out, you're probably priced too low.