All Forum Posts by: Terri-Leigh H.

Thanks Nina! And if it doesn't exist the way we want it, we build it:)

Hi Jeff, 

Is there one tomorrow? Would love the info!

Looking for a dynamic networking group/meet up that's RE focused in SWFL. Lucky enough to belong to an incredible network in Denver (CO) but as we add operations, properties and an arm of our design business down here I am itching to join something similar!

Any that you swear by???

Best,

Terri-Leigh

Quote from @Dan Slaughter:

Private, heated pool.   We also have an ice machine in a beach market to make sure the cooler is always ready.  

Yes to the heated pool! We installed an oversized pool heater at one of our own FL properties and it is a huuuuge draw in the winter!!!! The ice machine is a great touch though!!!

Quote from @Parmesh P.:

The setting is very inviting and the pictures are georgeous. Unlike your rental, my rental is in Orlando in a gated resort, so there are less outdoor space but lots of community facilities. However, here are a few suggestions. If you are not already spending time at your property, I suggest you do so. I stay at my property very frequently and that gives me sence of what are needed to make life more convenient. For example, I have small two teir rolling cart in the movie room/game room that provide extra space for drinks, glasses and ice, etc. Adding a nice small decent garbage can at my pool side help to keep that area very clean nad this may be a good addition for you. A few appropriate wall artifacts or artwork can add to looks and feel of the rooms. Adding an led light strip all around in the upper edge of that tray ceiling can give a different vide in your movie room. If the gameroom picture is one from your booking site, I suggest you open the door to have the outdoor view as part of that picture. I hope you may find something that you can use here.

 Thanks Parmesh! Love all those suggestions! We have installed over 45 AirBnBs and each ones needs and niche are so different! Love the trash cans idea... so easily overlooked but definitely enhances the guest experience!

Quote from @Calvin Baughman:

These are amazing pics! We just have a bbq fire pit and a jacuzzi. The wife and I considered doing a game room but were afraid it'd attract the wrong niche. Curious to see others experience and if certain amenities attract a certain (party) crowd?

 That is why we push ideal guest with our clients so hard!!!! In one of my own personal properties we chose not to have a hot tube and we removed almost all exterior light because of the activities we are steering towards! Takes so much extra thought!

Quote from @Michael Alexander:

First, I want to point out the quality of these pics… I’ve done game rooms, movie room with projectors and popcorn machine, coastal properties we added cruising bikes and paddle boards, there’s a never ending list of additions you can add. In Miami a client has a “play room” that we list on KinkBnb.. 

 Ohhhhh let's just say I may be working on my most "interesting" client install request as of yet!!!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $685,000
Cash invested: $50,000

Purchased as a primary, will be a live in fixer. We will turn to STR after legal live in period!
Partially renovated when purchased and we are continuing. Purchased for $100k under value, post reno we should have equity of around $300k in.
Not being afraid to live in a fixer with 4 kids seems to be the ticket!

What made you interested in investing in this type of deal?

It is .5 mile down from our previous primary, allowing us to bounce from property to property based on the season as one is best for summer and the other best for winter due to road access.

How did you find this deal and how did you negotiate it?

Drove by:)
Offered way under asking... Lost the deal... Ran comps and saw how dumb we were to offer low (lesson here, just offer asking in a tough market, this doesn't mean you'll end up paying it), called the realtor everyday... Deal fell through and we were at the top of his list.

How did you finance this deal?

5% down conventional

How did you add value to the deal?

We are fully remodellin - finishing out the unfinished basement and then STR.

We design and install for the Colorado market and our biggest boost factors are co-hesive vibe and them specifically targeting the Ideal Guest and then AMENITIES, AMENITIES, AMENITIES! Biggest ROI for sure.

Every item we spec has been highly tested and rated, so all stays with us are comfortable and meet a high standard! 

Hi All, 

Been quiet on the forums as we added 2 new properties to our portfolio this year!

As time moves on and people are stepping up their design game (As an STR Designer this makes me SOOOO darn happy!), we have found amenities are quickly becoming one of the biggest ways to boost bookings and nightly rates... Pickleball courts ;) Game rooms, spas, saunas, mini golf, dancing poles and karaoke, you name it and we have done it... Or maybe we haven't... What are you guys throwing in there to make your properties stand out?

We have properties in all kinds of markets and I'd love to know what is working for you!

Best,

TL