STR noob

@MrJonesSTRs Yea need about $240k+ in rev to feel good here

Came across a Short Term Rental home syndication: Total Raise: $1.4M Proj Rev: $173,880 OpEx: -$62,596.80 PM: -$43,470.00 AUM: -$14,000.00 CF: $53,813.20 Unlevered Return: 3.84% If revenue slips slightly or expenses creep up slightly, this deal runs negative quickly...

A pop of orange always goes well with grey or med-dark wood interior elements

@MrJonesSTRs Lets go! Love me a new 'tech stack' thread

Don’t operate your Short Term Rental with small boy level technology Upgrade your tech stack now with these awesome tools 👇👇

@gabealbrecht @hanslorei driftwood on wood 🤌

@hanslorei ✅ and ✅

Massive art, whether it is a map, photo, painting, wall hanging, driftwood etc is pretty much always your friend. Visual interest + slightly bougie + big room vibe

@theoriginaljmb @rohindhar Is this the dam repair at NB? - specific to your place on lake M?

@rohindhar When buying an STR we project a ceiling and and floor for revenue, we won’t move forward unless our floor is cash flow positive. This property’s revenue first year was at our floor projection, which is manageable, but the lake is being drained for damn repairs for two years.

I did it! I waived the white flag and converted a lake house that I bought as an STR to rent on Airbnb into a long term rental, luckily it still cash flows as a LTR

@JohnMcDonaldSB crushed this

Celine in Boulder CO traded dated and antiseptic white - right down to the appliances - for two-tone IKEA cabinets with paintable Semihandmade doors in Rosemary by Sherman Williams. Fact: almost 20% of our customers paint the fronts themselves. Thanks to IKD for the design/📷.

continue to have price cuts until they close at 1.15m.... then 3 weeks later a similar house on the block comes on the market at 1.7m

Austin RE market seems to be a mess right now. Late sellers are still scrambling to finish updates/ touch up's and feel like they can list at peak 2021/22 prices. Agents not doing a good job of listing real prices right now. Seeing a lot of listings in the 1.6m range that *cont

What is the 'coolest' name you have seen for an Airbnb/STR house?

@hanslorei I've seen some cleaners uptick their prices when they see these. Still worth it.

STR Idea: Bunk beds, but made of wood, not wobbly, squeaky, black, childish Amazon metal. Dignified & even subtly sensual. Not unbecoming for adults. I can see it now

@TaylorENielsen @hanslorei very nice one

@hanslorei Exactly what we did for our STR

@imrichardfertig Yep, they have sneakishly snuck above 7% again... Be an elk

Super cool! - 1st time visiting the National Elk Refuge here in Jackson. Herd estimated at 8500 elk and 395 bison. When asked, the elk were unaware interest rates are rising and there’s a credit crunch occurring.

@EmirDukic The "guess what", "yo" , "what you got this wknd" "Hey"

This might be my biggest pet peeve: Conversations that start with ZERO context on what they are about. Nothing worse than someone making a statement or asking a question without giving the “why” behind it. Leaves me guessing or frustratingly asking for details. Anybody else?

@hanslorei Thought you might appreciate this vibe. In negotiations but might be getting swooned by the current interior designer who lives there/selling

Looking at some data on a property and check out the delta on estimated annual rev: @airdna ~ 330k rev a yr @rabbuhq ~ 52k rev a yr Yes, same address. Ill lean kudos to rabbu as IMO they are warmer

@antonia_mdprjct Looks awesome

Our main ambition behind building our house is to create a gathering space for friends & family. This meant we wanted large entertaining areas where we can all get together. We also wanted to maintain privacy at the bedrooms, both for us & for guests. This resulted in an L-shaped plan where the long leg is used for entertaining(facing the Wasatch back) & the short leg keeps the bedrooms tucked away from the expected & encouraged ruckus. This is a quick video walk from the ‘public’ to the ‘private’

@TXStrGuy bro good snag - would love to see what you got?

Have been enjoying this dudes content

@hanslorei yeah that grout in the first pic 🤌

Sometimes it's the tile and sometimes it's the grout. Gotta to be a metaphor here 🤷‍♂️

@MrJonesSTRs gotta love the "new price cut" emails: * Checks email "$100 price cut, this home wont last!"

Agents doing a 1% price cut in today’s market… NGMI