All Forum Posts by: Tana Oscanyan

@Erik Hitzelberger Thats funny, I actually talked to LREI, but not to Clay Smith. I'm glad to know you recommended them. I'll have to reconsider them. Thank you!

Thank you so much! I'll talk to you tomorrow!

@Rob Bergeron, Hey thanks so much for the pointers! That is very helpful information! Yes I'd love an introduction! Thank you so much! I don't work with David Remke. Would it be ok if I called you tomorrow? 

Just some things to consider with a vacation rental is the cost of and hassle of cleaning after each guest (in my area hiring someone to clean can cost in the ballpark of $35 depending on unit size). Also be sure to check the laws, for example here where I live airbnb's are illegal in Provo UT (unfortunately) but legal in the sister city Orem, UT. Also in an economic downturn or recession when money is tight vacationing is the first thing to go so while a often a VRBO can have great cash flow it may not withstand an economic downturn as well as a regular in town rental. Julie was exactly right in suggesting its a small business and check the vacation home comps in the area (make sure they are booked out or at least booked out enough to justify owning one). What I've seen in my area is that VRBO's are booked out throughout the summer but sometimes struggle to stay full throughout winter, unless you are located near a ski resort or other winter attraction. 

Hi, I'm wondering if anyone knows of a good property manager in Louisville KY? Hoping to find a company small enough to be responsive to landlord and tenants, but also experienced and skilled at finding quality tenants. Any help would be much appreciated! Would be happy to mention you sent me their way. Thank you!