All Forum Posts by: Sarah Kensinger
Sarah Kensinger has started 6 posts and replied 2203 times.
Post: Insurance for Short Term Rentals
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
Quote from @Collin Hays:
Quote from @Sarah Kensinger:
You would probably need to two insurance policies and maybe even two companies. You could check local insurance companies to see if they could help you. Otherwise, Proper and Steadily are great STR insurance companies!
are you ready for me to step in? ;)
No, I'm tired of it...pick something new. ;p
Post: Looking for Cash flow - wondering the expenses on STR
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
The info and calculator from the BP podcast/YouTube could be the one that Tony Robinson put together. He has a wonderful tool that was meticulous put together so you can be sure it'll come out pretty close. Here is a link for you to find a YouTube video explaining how to run numbers for a STR and how to use the calculator.....STR Deal Analyzer How-To
Post: Short term rental beach cities
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
I love your dream and that you want to live it! I don't really have a location recommendation since I feel like it needs to be an area you love. But make sure you do your research since beach/coastal towns have taken the hardest hits in the STR market this year.
Post: Want to sell my regular houses and buy more lakefront for ABNB
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
You might want to check into a PMS if you're thinking of getting more STR properties and learning how to sync calendars and run most of the day-to-day operations on autopilot.
Post: Got my first STR property, need guidance for next one
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
In some ways it seems like a HELOC on your personal residence would be a better choice, but only if you have a way to repay it within a couple years.
I recently learned there is a lender on BP that does HELOC on investment properties. Reach out to @Adam Bartling and see if he can help!
Post: Searching for a property for AirBNB
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
DSCR loans are great for a STR unless you can use a 2nd home loan and rent the property out when you're not there.
Post: Insurance for Short Term Rentals
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
You would probably need to two insurance policies and maybe even two companies. You could check local insurance companies to see if they could help you. Otherwise, Proper and Steadily are great STR insurance companies!
Post: Buckle Up, We're Flying into the Airbnb Game!
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
I don't think it's quite like an airplane, because there is more room for a "whoopsie" in the STR investment world then there is piloting an airplane.
Post: which are the best lenders for STR?
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
Check out Host Financial and The Lender.
Post: Creative Income Strategies
- Real Estate Consultant
- Ohio
- Posts 2,235
- Votes 1,298
Quote from @Aaron Deja:
Quote from @Sarah Kensinger:
Quote from @Aaron Deja:
@Brooklyn McCarty @Michael Baum @Sarah Kensinger. Thank you all for your feedback! Yes, we are able to do short-term rentals in this market. Do any of you operate in Nashville and surrounding markets?
We are open to expending to the Nashville market but if you would prefer someone who is already there, I can get you a couple names.
Good morning! @Sarah Kensinger I would greatly appreciate a couple of contacts! Thank you!