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All Forum Posts by: Sarah Kensinger

Sarah Kensinger has started 6 posts and replied 2203 times.

Post: Looking for STR Designer Options- New Hampshire

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

Here are few designers that specialize in STR and creating a space for your guest avatar....

Brianna Michele Interiors

Somerled Design

Hayes and Co

These companies will help to bring attention to your property through design and have proven to raise the annual revenue of a STR. Hope this helps!

Post: Short Term Rental market, Hot, cold or lukewarm?

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

All depends on location, what the STR looks like, the amenities offered, and the management of the property. So, expect a variety of answers on this question.

Post: Group consensus on a deal

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

I also would throw in to be very sure this is an area you want to purchase in, and it's an area you can use multiple strategies. For the last 6+ months I've been hearing about the lack of tourists in the Orlando/Kissimmee area and hosts struggling to get decent bookings.

Post: Group consensus on a deal

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298
Quote from @Alice Horn:
Quote from @Michael Gangemi:

I found a brand new townhome in Kissimmee with luxury finishes, resort style amenities, the whole nine. The price is $435K and I was thinking of doing 20% down. This townhome is a 5 bed/ 4 bath with 2020 sqft so it's got more than enough room for bigger families while also being versatile to smaller families who may want to use the extra rooms for storing clothes and suitcases. With a $5,000 rebate back at closing I'm looking to buy down the rate by a point. AirDNA gave me the following estimates: $300/night | 65% Occupancy |$71,100 Revenue with this data I feel comfortable making a move on this one. Let me know your thoughts

Airdna is not the best source for accurate data. We use Key Data Dashboard which pulls actual booking numbers from same size units in the area. Feel free to reach out, and we can get you a report so you can compare. Also, do your own research by looking at nearby 5bed listings with similar decor - especially after the holidays since everyone’s calendar will be full for the holidays. Good luck!
Airdna does the same by pulling numbers straight off of Airbnb and VRBO. That's why it's so expensive, you're purchasing the rights to the data.

Post: Received an offer to Co-host and Airbnb, need some advice.

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

We co-host! If I can help you with anything feel free to reach out!

Post: Digital Marketing Help For Short Term Rental Property

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

Your PM should be doing marketing, unless you contracted them for only cleaning and maintenance services. I would be making some phone calls to them and see why they aren't doing marketing. 

Market My STR is a great option, but I believe they would be hard to use unless your self-managing. 

Post: Is Kihei a Good Area for Maui Condo Rentals?

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

Reach out to @Carson McGee, he knows Kihei well since he has STR there.

Post: short-term rental or airbnb agent in Snoqualmie Pass?

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

I don't know of an agent, but I think Chris Price at Your Signature Stays knows of one. Plus, he can give you all the ins and outs of STR in the Seattle area. I can't find his profile on Biggerpockets but you should be able to contact him through his site.

Post: Managing cash-flow from various STR properties

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

I believe Relay Bank Is your answer. Although check on the customizing amounts for transferring funds. I think they can do that, but I don't remember for sure.

Post: After 1 year of STR journey

Sarah Kensinger
Posted
  • Real Estate Consultant
  • Ohio
  • Posts 2,235
  • Votes 1,298

No matter what, you did well! Keep your goals for next year in the forefront of your mind and I'm sure you'll hit them!