All Forum Posts by: Wilson Hunter

I’ve had solid success in the Airbnb ranking algorithm with 49 pics, however I just got some beautiful fall and sunset pics. I’d like to go to around 60 I think - but I’m wondering if anyone has any advice on how many starts to be too many for the Airbnb algorithm.

Advice: don’t buy in Blue Ridge. I was super close to pulling the trigger in that market but got boots on the ground and learned what’s happening from local hosts. Some of the most beautiful cabins in the country that are mostly vacant outside peak weekends… This is why the prices look surprisingly low for high quality cabins.

I pretty much know why someone is coming to the Smokies or Outer Banks so I’m not sure I’d need to ask that. # of guests and pets should be easily determined by the booking criteria, and as John said there are exterior cameras to confirm.

These questions make more sense if you have some urban party pad, but that’s outside my area of expertise.

I think A-frames will fall from grace at some point.

 Makes sense, thanks!

So based on that answer it seems like no, there is not an interest rate or payment schedule benefit of doing one 50% LTV 30-year fixed portfolio loan on multiple properties as opposed to doing a higher LTV conventional on each property.

Any alternative feedback would be appreciated, thanks!

Valerie, your comment about PriceLabs bringing your prices down is a bit of a red flag because the way PriceLabs works is you choose the base rate. It simply helps owners automate prices for supply and demand for days relative to each other, but you still have to put in the work on setting base rates and adjusting custom rulesets.

It is definitely not the norm for a prop manager to make more than self manager thus cancelling out the pop manager fee… In the markets I’m in a good self manager will make something like 50% more than even the decent people managers in the area. Maybe Branson is different though.

Hello!

I usually live in the short term rental forums - first post here. :)

I'm wondering if there are any major advantages in low LTV portfolio loans for multiple properties other than helping with the conventional loan max. For example, what do the rates look like on putting 5 properties into one 30-year fixed portfolio loan with 50% LTV? Is it possible to get a better interest rate than 15-20% down conventional products on the individual properties? Is it possible to get payment schedules that aren't as frontloaded with interest as conventional?

Thanks!

Some agents grew massive egos in the past couple years and act like buyers have to convince them to be their agent. Don’t fall for the reverse sale and gatekeeper tactics. There are still good agents out there - don’t settle.

You will be able to get much higher prices, higher occupancy, and better reviews from self managing. You need to account for lower revenue from a prop manager as you’re weighing options.