All Forum Posts by: Frank Barletta
Frank Barletta has started 14 posts and replied 161 times.
Post: Is Booking.com a good platform to use for hosts?
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Quote from @Julie Chai:
Quote from @Frank Barletta:
Yes.
VRBO has its own Expanded Distribution Network which includes Expedia Distribution brands, such as:
- Travelocity
- CheapTickets
- Orbitz
- Expedia
- Trivago
- KAYAK
- Other affiliates that specialize in vacation rentals.
I get < 10% of bookings from VRBO in my markets so this is my experience.
That's so weird that VRBO has its own network and yet we get only a small percentage of bookings from them... Thanks for that info Frank.
Airbnb brand is strong 💪
Post: Is Booking.com a good platform to use for hosts?
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Yes.
VRBO has its own Expanded Distribution Network which includes Expedia Distribution brands, such as:
- Travelocity
- CheapTickets
- Orbitz
- Expedia
- Trivago
- KAYAK
- Other affiliates that specialize in vacation rentals.
I get < 10% of bookings from VRBO in my markets so this is my experience.
Post: Is Booking.com a good platform to use for hosts?
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Booking.com as a brand doesn't focus on traditional Airbnb/VRBO so I would say no.
Post: **PODCASTERS** -- Who have been some of your favorite guests to have on your show?
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Easton Hill
We threw it down last week and had a ton of fun off air :)
Post: Rate My Response to a 4 Star Guest Review
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Why even respond?
Everyone has their own opinion, and going out of your way is a waste of emotional energy. Just make sure the next reviews are 5 stars and it'll get buried.
Post: Crack in Foundation, Deal Breaker?
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
I'm no expert and would wait for the report, but it could easily cost over $15K if severe.
If you were unaware, depending on the local laws, there is usually a provision in contracts that if the inspection brings something material to your attention, you can either break the contract, ask for a concession or proceed. I've seen a few homes with 'cracks" that were not issues when inspected in person and could be remedied cost-effectively.
Post: My 1st house became my rental
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Really great story, and glad it popped up. I hope more of us are fortunate to have this type of success and thinking going into acquiring real estate.
Post: Shipping Container STR
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Congrats on this!
Please keep us posted on how it turns out. Super interested in learning more.
Post: Which market should I choose? Why are investors choosing certain markets?
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Quote from @Andres Murillo:
Quote from @Frank Barletta:
Andres -- There is a strong spirit for sharing information, but avoiding saturation is the currency of STRs.
Do your research and make decisions based on that.
This is a starting point for most investors, not the end of the market conversation. Saturation, competition, regulations, ToTs, and a laundry list of other factors go in to the buying decision for STRs.
This helps new investors “do their research”.
That’s fine.
The topic and comments made me think otherwise and headed in that direction and wanted to point out for new investors should also consider my point about the unknowns.
Post: Which market should I choose? Why are investors choosing certain markets?
- Rental Property Investor
- New York, NY
- Posts 163
- Votes 95
Andres -- There is a strong spirit for sharing information, but avoiding saturation is the currency of STRs.
Do your research and make decisions based on that.