All Forum Posts by: Yu Liu

Hey @Alexander Johnosn, let me know how I can help. Tell me more about your property and either I can see if I'm a good fit or I might know someone else that might be interested. 

You're doing it right. I've done the background check through KeyCheck (it costs them money to do it so at this step they are usually pretty sold at this point) next thing is to send a lease and have them put a deposit and that's usually that

Hey @David Zimmer, I invest in the Tallahassee market and know the STR/MTR space pretty well. From my experience you could do a gross of ~$3K if you run it properly depending on the season for the 3/2 so $2500 is pretty spot on.

With STR/MTR, you would need to account for a little more like some mentioned such as cleaning, toiletries, replacing towels and linens, etc and your upfront capital would be more to furnish it and such. Even then, you can make it work depending on your goals and how you operate it. Feel free to reach out to me with more questions as I'm happy to walk you through it.

Congrats! How is the property?

First thing is to check local regulations before investing. I would also read some FB group posts from Build STR Wealth group or STR Nation for example.

I know some people do well in Banner Elk, NC. For Florida, a lot of people invest in Destin, short term shop is usually referenced. 

Watch some YouTube videos and follow some Facebook groups. Network and talk to people that are doing it

Youtube: Robuilt, Real estate Robinsons
IG: therealalexsabio, patryk swietek, stephaniefigueros
FB group: Short term shop, Build STR Wealth, STR Nation

As many have mentioned, Avery's book is great: Short Term Rental, Long Term Wealth

I always provide those since it doesn't cost much to have them but it depends on the market and what type of neighborhood I guess

Hey Martin, there is no wrong answer but I'll tell you the pros and cons of each.

So an experienced guests is usually a guest that has stayed at one airbnb some time before and have at least one 5 star review. These guests are usually good, will not dirty your place, overall will be less headache etc. 

Any guest means you could have someone who has never been on airbnb before, no reviews whatsoever. There's more risks with these types of guests, might be more likely to be unclean, break something, smoke in your unit, have a party etc. The pro to this is that you have a larger pool of people looking at your listing since you are catering to experiences and inexperienced airbnb guests.

For someone starting out, I recommend just having experienced guests for now and once you build your systems, opening it up to all. 

This is what I do. I also have pre-message making sure they read all the rules (no pets, parties, smoking in unit) and require an ID with airbnb website. This has helped me vet most of my guests. Will warn you that the 2 incidents that were bad for me (guest smoked in unit) were from guests that had no reviews. 

Try Rankbreeze and track your listing rank. There are a lot of listings in JT so you might have to decrease prices, change design, add new pics, edit for Key SEO words for some time to see if that helps boost your rank.

I wish listed your listing too so hopefully that helps too, you might want to try to get more people to wish list it too 

I've never heard of cold calling for your vacation rental, what I have heard is posting your listing into vacation groups on Facebook or marketplace to attract more eyeballs and hit the right kind of audience for your listing. Some people even use Facebook ads if they have the right property