All Forum Posts by: Teresa Ong

@Rick TrivediWhat is hippo and cse insurance?  Pardon my lack of knowledge. 

Hello! I'm in the Bay Area.  Does anyone have a referral for an insurance agent?  We have a primary residence here and an out of state rental in Washington.  I'm shopping for umbrella insurance... and maybe everything else if it's a better deal. Thanks so much!

Thank you! Super appreciate your thoughts. 

Can you recommend AirBnb books that you found helpful when starting out? Thanks!

It's a single family home, and regulations are OK for AirBnB. I got those numbers off AirDNA.  Occupancy rates are at about 30%- I'm guessing due to pandemic.  I can make what I would with a long term tenant based on 30% occupancy rate but when I factor in furniture, utilities, internet, cleaning etc, my first year numbers show up around about 755-80% of net revenue of long term tenant.  My gut says to eat this cost until moratoriums are over, but just want to check that my gut is right. 

Hi there!  I have an empty unit that I can either AirBNB or rent out long term.  Based on my research, AirBNB will probably bring in only about 75% of what I would get if I rented out long term.  However, given the eviction moratoriums, I feel really gun shy about renting out long term. What if the new tenant is a dud? Wondering if other folks have encountered this fork in the road? Thanks so much!

Thanks Brandon for responding!  

Hi everyone, 

Very new to this still.  Wanted to see if there were others out there who are also educators (teachers, professors, school administrators, support staff etc) and real estate investors at the same time.  Would love to connect!

What do folks think of the neighborhood east of Lincoln Heights- like east of S Freya between 17th and 29th?

South Hill is huge.  What constitutes "prime" South Hill?