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All Forum Posts by: Sarah Kensinger

Sarah Kensinger has started 6 posts and replied 2203 times.

Post: BNB Monthly - Experience

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

I believe this is Andrew Street company. Would be nice if about us pages on these sites, were a little more detailed with photos of who is behind the company.

Post: Cleaner Making More than Property Manager

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

Your management fee is way too low, especially if you're doing everything for the owner. At times and during certain seasons cleaners may make more than the manager, but we also put a lot of time into the property that needs to be compensative for as well. If your market is leaning more towards shorter stays...which does seem to be the current demand nationwide...I would not cut your properties out of that demand! Instead evaluate the services you're providing and if your charge is comparable to other companies in the area.

Post: STR vacancy ideas

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

I'm wondering if you have an opportunity to do a mid-term rental in your slow season. If that's something you're interested in, I would ask about it in the MTR forum. 

Post: Post cleaning pictures?

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

Pictures are a life saver if an issue arises at a property! If cleaners don't offer that as part of their service or agree to start, we won't use them. About two weeks ago I was very very thankful we had photos to prove a home was clean! At any time, anything can happen to a host and it's best to be prepared!

Post: refrigerator water dispenser is not working

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

Somewhat depends on the property and area. Some properties there's just a Brita water pitcher the cleaners fill, others it could be bottled water cold in the fridge, and others would provide nothing because in all reality guests bring the drinks they want. I think some hosts would account for the cost of purchasing good quality bottled water as well, which is why the Brita water pitcher is popular. 

I would also suggest doing something about a water dispenser on the fridge not working. Either change out the fridge or get a water line installed, I can promise it's going to be endless messages asking, "do you know the water dispenser in the fridge isn't working".  

Post: Provide toothbrushes to guests?

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295
Quote from @Collin Hays:
Quote from @Sarah Kensinger:

In some properties we might stash some under the bathroom sink in case a guest forgot theirs, but it's not something common we do. I know some hosts have a "forgotten" basket in bathrooms, that has all the common items guests might forget to pack yet use every day. Some have found that to be popular and guests bring the basket up often in reviews or privately. 

Good post. I'd probably forget to re-stock the "forgot" basket and then get a complaint on it.  
The cleaners do with it with supplies left in the supply closet.

Post: Best Practices on cancellation credit card chargebacks?

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

I know of a host that took a guest to court over a false chargeback on a large booking. He made sure to use the court in the state they were in, and not the guest since it made things harder for the guest. Other than that, I'm not sure what to recommend except maybe team up with Lynnbrook for payments outside Airbnb. They would help walk you through chargebacks.

Post: STR Lake Harmony PA

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

Here's some STR companies in the area that can possibly help you out...

Go Wander Home 

Desired Stays

The Sosi

Post: Underwriting STR - Looks promising but deeper evaluation shows poor return

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

I can imagine if you want to purchase something, there's thousands of other areas to choose from where you wouldn't be losing so much money. It's a big country and if you look off the beaten path you can still make money with a STR. But areas with expensive real estate, that everyone knows is a great tourist area, is not the best option right now.

Post: STR Rental @ $356k Purchase / $56k Annual rental income - 90% LTV DSCR Options?

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,295

Reach out to @Jeff Chisum and see what options you may have for this property.