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182. Refinancing Options Using the BRRRR Method (AMA)

ama Aug 22, 2022

Welcome to another Ask Me Anything (Ask Us Anything?) episode! Each week we’ll answer your questions on STR, real estate, OTAs, and everything in between.

 

Leslie (@FoxandHenDen) asks:

Can you advise on the refinancing options when using the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat)?

 

Keegan asks:

Where is the best place to start researching the rules and regulations for short term rentals in your city?

 

Thanks to Marc Kade from Princeton Mortgage for the guest answer! And thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah & Annette, visit Speakpipe.com/ThanksforvisitingAMA

 

Resources:


Thanks for Visiting is produced by Crate Media.

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#STRShareSunday: James Staging Co.

strsharesunday Aug 22, 2022

It's time for #strsharesundayToday we are sharing James Staging Co. 

We're mixing it up this week! Shoutout to ALL the stagers out there... we know how hard you work!

We're highlighting James Staging Co because she specifically helps stage vacant and occupied homes AND short-term rentals! If you are feeling a little lost when it comes to staging your property and unsure of where to start, real estate stagers are a great resource for you to use to help you create an amazing space.

Giving lots of love to the stagers out there! If you need help staging or designing your STR, check out James Staging Co!

James Staging Co. on Instagram

Website: James Staging Co.


We would love to feature YOU, so don’t forget to use #strsharesunday to get your chance!

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181. Building True Generational Wealth Through Real Estate

Uncategorized Aug 18, 2022

Jameelah Jordan is a biochemist turned real estate investor, broker, and digital nomad. For over 6 years, Jameelah has been honing her real estate skills, growing her portfolio which has enabled her to pursue her dream of helping others build generational wealth through real estate.

Jameelah teaches property owners how to be hosts – not just someone with a door – and believes in diversifying your listings by not relying solely on a single OTA like Airbnb or VRBO for your income.

 

Resources:


Thanks for Visiting is produced by Crate Media.

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180. Save Money and Avoid Hassles with Smart Locks (AMA)

ama Aug 15, 2022

Welcome to another Ask Me Anything (Ask Us Anything?) episode! Each week we’ll answer your questions on STR, real estate, OTAs, and everything in between.

 

Brandy asks a few questions:

  • Do you have a favorite outdoor lock that operates on WiFi, Bluetooth, or Z-Wave?
  • What lock do you recommend for indoors, if you wanted to section off part of the home?
  • Is there any reason why you wouldn’t use the same lock both indoors and outdoors?

 

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah & Annette, visit Speakpipe.com/ThanksforvisitingAMA

 

Resources:


Thanks for Visiting is produced by Crate Media.

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#STRShareSunday: Bella Cresta Broken Bow

strsharesunday Aug 15, 2022

It's time for #strsharesunday! Today we are sharing Bella Cresta Broken Bow.

We're gonna hit you with something we've never seen before. Right when you go to their instagram, they have post that directs to their YouTube channel, and it's a full tour of their property. We cannot wait until video is a bigger part of the booking process, but Bella Cresta Broken Bow has kind of done that!

Take some inspiration from them. Video as a medium is hot hot hot right now in social media land, so take advantage of it. Record a video tour of your property and put it out there. You don't even have to show your face! How awesome would it be if potential guests could really see your property through video this way?

Also... YouTube is free

Well done!

By the way... check out their website too. Their branding is *on point*

Bella Cresta Broken Bow on Instagram

Book Directly: Bella Cresta Broken Bow

We would love to feature YOU, so don’t forget to use #STRShareSunday to get your...

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179. Managing Luxury Listings Is All About the Details

Uncategorized Aug 11, 2022

Scott Graden is a passionate Real Estate and Hospitality expert with over 25 years of experience in Development and Sales and Marketing of for sale and for rent real estate. His visionary company, GoodNight Stay, has been setting the standard for the new breed of build to rent short term rentals that are seen in today's market.

 

- Over $3B in real estate sales

- Over $1B in assets managed 

- Over $500M in rents collected 

- Over 1M guests hosted

 

GoodNight Stay is all about the details, which keeps them thriving through the ups and downs of economic recessions and changes in the real estate market. Scott’s prior experience in the Chicago real estate market set him up for success and allowed him to pivot into short-term rentals, servicing couples, families, and corporate retreats.

 

Resources:

 

Thanks for Visiting is produced by...

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178. The Top 3 Things That Impact Your STR’s Neighborhood

ama Aug 08, 2022

Welcome to another Ask Me Anything (Ask Us Anything?) episode! Each week we’ll answer your questions on STR, real estate, OTAs, and everything in between.

Susi from @WellDressedHome asks:

I missed you at RESA con and came looking to see where I could purchase the course that you do (referring to the Stage To Rent Academy, vs. Hosting Business Mastery)

Jessica asks:

My husband and I recently bought one acre of mountain view property in east Tennessee that we plan to build three separate cabins on, but there’s only one acre of property, so the amenities such as the fire pit, grill and hot tub will have to be a shared space among guests. Would you suggest renting the cabins out separately with shared amenities, or renting all three cabins out to larger groups only?

Marianne asks:

I'm getting started on my second Airbnb property and would love to hear your tips for vetting guests and preventing large parties and major damages to a property. So far we've been pretty lucky,...

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#STRShareSunday: Guest House 71

strsharesunday Aug 08, 2022

It's time for #strsharesunday! Today we are sharing Guest House 71!

This beautiful Alberta, Canada rental has something we've never seen before... hosts Darrell and Dawna bought a 600 sq. foot guest house on a piece of property and moved it do a different place that they thought would be a better spot! They have pictures of it on their feed on a truck being moved.

It might only be 600 sq. feet, but every inch of this space has been designed with the guest in mind. It's beautiful! If you have a dream, if you have a vision, you can make it come true! (That includes seeing a house somewhere, wanting to buy it, and moving it to an entirely different property)

Thank you Guest House 71 for showing us that!

Guest House 71 on Instagram

Book Guest House 71

We would love to feature YOU, so don’t forget to use #STRShareSunday to get your chance!

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177. Small Changes That Have BIG Impact for Your Guest

Uncategorized Aug 04, 2022

Deborah Labi is a retired property manager with her fingers in many pies, sharing her experience via her consultancy, a podcast, a soon-to-launch second podcast, and co-director of The Book Direct Show. She likes to keep as busy as her brain; an OCC – or obsessive compulsive creative – she’s an ideas fountain. 

Through The Guest Inn-Spector, Deborah has keyed in on the small details that have a large impact on your guests. She believes property owners should stay in their own rentals in order to experience them as a guest would, and envision the guest’s journey from check-in to check-out. But at the very least, have a friend or family member stay and offer their feedback (or, hire Deborah!).

Essential things to audit and optimize in your rental, courtesy of The Guest Inn-Spector:

  • Live chat availability while guests are browsing your booking site
  • Ease of booking - how many steps does it take a guest to pay and confirm the booking?
  • Check-in email...
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176. Building Nostalgia Into Your Unique STR Property (AMA)

ama Aug 01, 2022

Welcome to another Ask Me Anything (Ask Us Anything?) episode! Each week we’ll answer your questions on STR, real estate, OTAs, and everything in between.

Jennifer from @PepinForestRetreat asks:

Building unique properties that aren't typically “houses” is my passion, but we've found that funding and building codes and other restrictions can be really difficult to get for something that isn't a traditional building. Do you have any experience with (or any podcast guests that have talked about) building something out of the norm?

(Thanks to Mike from @wanderchatt & @findyourrepurpose for the guest answer!)

Helen from @BrookledgeNY asks:

I own an old girls camp, and one of the things that's unique about the property is the cabins don't come with bathrooms because the campers used to use shared bathhouses; how can I make this a unique feature on my listing instead of an inconvenience? Also, what should I include as a welcome gift or unique amenity in the cabin, as...

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