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All Forum Posts by: Ken Boone

Ken Boone has started 9 posts and replied 979 times.

Quote from @Rosa Regier:

Thanks @Mark S. I suppose we simply need to establish best practices regardless of vrbo or airbnb bookings.

@John Underwood seems to be an advocate for vrbo and I see fewer complaints about that platform.  

All good tips posted in this thread!

 Maybe it’s location based but I am in 100% agreement with @John Underwood s take on VRBO and Airbnb. 

Post: Tvs in every room?

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181

I put a tcl Roku tv in every room. They are cheap and gives guests options while they are staying.  You don’t have to but I do and would recommend it. 

In my market it is not uncommon for guests to ask for a discount.  Some of them are simply savvy shoppers in which case their thinking is - it doesn't hurt to ask, and in other cases, they are just cheap.

It is not uncommon for guests to ask if we provide military discounts, senior discounts, first responder discounts, last minute booking discounts, etc..

So the asking doesn't bother me and you can choose to answer however you want.

If the guests is what I call the cheap guests then it is a problem.  They don't want to pay your price, they don't get the discount but they think they are still entitled to stay at your place at a discount.  They book at full price anyway and then nit pick away at every little thing they can find to complain about the cleanliness, condition, etc.. about your place, in hopes of getting a big discount back either from you OR form complaint to the OTA.

The first thing I do is acknowledge their issue and then let them know I will send someone over to take care of it.  What I have found is that if it is a legitimate issue, then they will say yes that will be great.  If it is not legitimate and they are just trying to milk you for a free or discounted visit, they will say they are trying to take a nice relaxing vacation and have had enough problems since they got there and they don't want to be bothered.  - In other words they are lying and don't want you to send someone over to see that they are lying, and that they snuck a dog in there, and that they have been smoking in your place etc.  Never give a discount without having someone go onsite to either attempt to resolve the issue or at least verify that there really is an issue.

If the guest doesn't get what they want they threaten with a bad review.    If I detect I have a bad guest I will offer a discount if they check out that day because I want them out of my property.  However, they don't ever take this offer, because it really isn't as bad as they claimed.

Odds are, they will give you a bad review but if you do a good job keeping everything good at your place, your 5 star reviews will outshine a lone bad review that will obviously be very different from all your other reviews and people can spot that kind of stuff when they read them.

Fortunately these types of guests are few and far between, but they do show up from time to time.  Hope things end up working out for you.

Post: But I thought this was turnkey - what's with all the delay?

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181

Right on the money! 

Post: Hot Tub: new vs. used

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181
Quote from @Colleen F.:

Just curious of how many short term rental hot tubs, how many of you had to do repairs?  } Most of the time you can't tell how old they are when you look at them so people recommending new must have had a lot of repairs. Aside from @James Hamling saying he had leaks with 12 month tenancies (not sure how old the hot tub was) I am not hearing what people personally have had go wrong with them.  And what are the repairs costing?  A warranty repair you use their guy and if he takes 2 weeks, he takes 2 weeks. Now it should be fairly new so you can get parts but I don't see a big advantage in new. 


 The main panel goes out. It’s like $150 to replace.  Pumps motor dies.  Several hundred.  Leaks might occur. Repair sub $100.   Heating element needs to be replaced.  Sub $100. That is what is typical and it happens every now and then. I mean a hot tub is nothing but a shell a pump a heater and pipes.  That’s it. 

Post: Insurance loss of income

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181

Wow. I am on the same path you are on.  Renovation now due to my frozen pipes from  Christmas Eve.  My insurance company told me that once we are finished with all repairs they want me to submit what last years income was for that same time frame to provide them a basis of how much lost income they will cover for me.  So not sure yet how that will turn out but that sounds much different than what you are hearing from your ins company. 

Post: Hot Tub: new vs. used

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181
Quote from @James Hamling:
Quote from @Carlos Ptriawan:
Quote from @James Hamling:
Quote from @Carlos Ptriawan:
Quote from @Ned J.:

Would you rather buy a brand new car or a lightly used one in good shape?

Do YOU want to eat the depreciation or let someone else do it?

Are you ok with it possibly needing servicing? Or do you want to pay hundreds/thousands for a warranty?

Sure...if you buy some old beat up nasty one, your guest will be turned off.... if you buy a nicer used one, they wont even know..... its only "brand new" for the first guest

Id buy used, but not more than 4-5 years old. 


 I am buying used if possible. The hot tub is like Corolla, they can last 300 miles ;-)


 I disagree. I can't count the number of repairs on these after 4/4yrs of age unless it's in continuous use like in a commercial setting where use and maintenance is well monitored. Not to mention, people buy with there eyes, new = premium $. 

I can monetize it, and get depreciation on it, so in end it costs me nothing but I get additional revenues. If that's not ROI I don't know what is.


 LOL :) I like your answer James :)


 I had one property with a hot-tub, and every time new tenants loved it..... for about 2/3 months. I had a chain of 12mnth tenancy on it. Every time at move-out it was same story, had used and loved it until cleaning sucked and novelty wore off so they stopped using it, drained, cleaned, did all that right. Every time at startup, dang thing leaked! We replaced so much junk on that dumb thing ever dang time. 

And in a STR, they just gross me out, personally. I just wonder how much funk is being stewed in the thing. I'd rather have an espresso machine vs a herpes bath.


 I get it, but in our market they are used by just about every guest and they are drained and cleaned after every guest.  And in our market it is a must have amenity.

Post: Hot Tub: new vs. used

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181

So let me put this out there about warranties and Rentals.  Many times they are not worth having.  Let me explain. Hot tub is a main amenity.  It’s in your listing guests expect it.  Let’s say the motor dies in 6 months under warranty.  You have a week stay booked for the following day.  Local shop can get a new motor installed same day but it’s gonna cost.  The warranty option is gonna take 3 weeks. What are you gonna do?   Pay to put the new motor in, at least that is what I would do which means my warranty didn’t help out a whole lot.  Just something to think about. 

Post: Hot Tub: new vs. used

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181
Quote from @Michael Baum:

It's funny but this is almost moot. I can count on one hand the times I have seen a nice, used, late model hot tub for sale. Like a Sundance. Can't really go wrong with that one as there will be parts for days. But still, I never see them.

I see free ones all the time. Come and take my piece of crap away. And people do it. It is amazing.

Haha. That’s so true man!

Post: Hot Tub: new vs. used

Ken BoonePosted
  • Investor
  • Greenville, SC
  • Posts 991
  • Votes 1,181
Quote from @Kyler J Sloan:

@Ken Boone My market is not quite like Gatlinburg. Most houses are not STR's, but the homes of locals. So, many people have hot tubs they are selling simply because they are not using them. The one I found retails for 8400 new, is a 2019 version, and the seller wants 4700.


 I wouldn't be too concerned in that situation then, however, you can get a brand new Dr Wellness X-3 Spa that is a 6 seater with 51 jets brand new for $4699.. right up the road in Johnson City.  Of course you have tax and shipping and setup to deal with.. But that is brand new with warranty.