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All Forum Posts by: Solomon Price

Solomon Price has started 2 posts and replied 16 times.

Post: Experiences with Red Awning?

Solomon PricePosted
  • Central Florida
  • Posts 17
  • Votes 5
Quote from @Brian Barch:

I’ve heard of them, but not any reviews personally. How much do they charge? I wouldn’t pay more than 15%….

I wanted to throw some counter advice out there. I totally understand that the math usually pencils out in favor of self managing, much like it does for mowing my own lawn. However, I think the route that is best for each individual will depend on your goals and your personality type.

I don’t want to have to respond to guest inquiries and coordinate cleaners, I just don’t. I understand why others say it’s not difficult, however with 3 kids and a big boy job, I don’t want to spend my Xmas vacay answering a bunch of requests. I like the mental piece of mind knowing there is a buffer (PM there). It also means I can scale. They stay on top of SEO and dynamic pricing, and back to back stays, etc. they work with the hot tub person and the pest guy, etc.



 I appreciate the insight. They charge 13% (10% commission 3% payment processing fee). We are a property management company utilizing a PMS, so the cleaning/pest/etc coordination isn't something we are too concerned about.

The advantage to us is that they put our units on all the different booking channels (vrbo, airbnb, expedia, etc) for us, and they handle things like chargebacks, guest complaints, etc. 

The major downside is that the guests don't have a way to directly reach us, unless we directly reach out to them first. The properties also end up slightly more expensive, as we would be marking it up before handing them to Red Awning, and then Red Awning marks them up a second time to pay the booking channels commission. This ends up making the property 20% or so more expensive, without us actually seeing any of that money.

Post: PMS and Client reporting

Solomon PricePosted
  • Central Florida
  • Posts 17
  • Votes 5
Quote from @Andrew Steffens:
Quote from @Solomon Price:
Quote from @Andrew Steffens:

We use Streamline and it does a pretty decent job.


 We have been using Streamline for about 5 months now, and it seems to get the job done, but aren't super pleased with it. Have you tried any other PMS software before?


 Yes, Guesty, and it was horrible.  The reasons we went to SL from Guesty was financials.  However, I hear they are better now.  How many units do you have?


At the moment we have one property live, up and running, with several more being added over the next month or two. Any advice you could give to us would be very appreciated!

Post: Experiences with Red Awning?

Solomon PricePosted
  • Central Florida
  • Posts 17
  • Votes 5

Good morning,

We are a smaller (looking to scale) PMC in Central Florida. We are getting our PMS hooked up with all of the different booking channels when we arrived upon Red Awning. They talk a good game, and I'm looking for anyone who has experience working with them, either as a PMC, owner, or guest. As a small team, dealing with one company to handle all of the different booking channels looks very attractive to us, but many reviews online don't seem great.

Any advice?

Post: PICKLE BALL COURT

Solomon PricePosted
  • Central Florida
  • Posts 17
  • Votes 5

Pickleball is certainly all the rage right now. Our General Contracting business is putting in several pickleball courts in our area.

Post: PMS and Client reporting

Solomon PricePosted
  • Central Florida
  • Posts 17
  • Votes 5
Quote from @Andrew Steffens:

We use Streamline and it does a pretty decent job.


 We have been using Streamline for about 5 months now, and it seems to get the job done, but aren't super pleased with it. Have you tried any other PMS software before?

Post: Hello Bigger Pockets!

Solomon PricePosted
  • Central Florida
  • Posts 17
  • Votes 5

Good morning everyone! My name is Solomon and I work for a startup PMC down here in Central Florida, primarily operating out of the Reunion/Champions Gate area. I've found myself browsing Bigger Pockets more and more for reviews and advice, so figured I might as well get involved!

I'm looking to connect with people in the industry, primarily in the realm of short-term rentals. Particularly around the best usage of the different booking channels and recommendations for getting our name out there and properties booked. We currently have one property up and running, and plan to have about 20 more over the next few months. 

Where's the best place to start on Bigger Pockets? Any advice on scaling our business and the hiccups we will experience along the way is always appreciated!

Thanks!