A NDA is a legally binding contract that established the relationship with rights to confidentiality. Yes, even here in El Paso Texas 🙂 While these contracts are helpful and quick to leverage, in Real Estate most investors would never admit to this, but NDAs wouldn’t hold back hungry investors from acting on the information you provided during the initial feasibility studies and conversations with these potential investors and real estate partners.
Generally speaking, the benefits of an NDA include:
Prevents the sharing of confidential information: An NDA ensures that confidential information is not shared with anyone outside the parties involved, residents of El Paso Tx or elsewhere as is not limited by income tax state. This helps preserve the integrity of the information and ensures that it is not misused or exploited.
Establishes a legal agreement between parties: An NDA creates a legal agreement that outlines the arrangement’s terms and conditions. This helps protect both parties and ensures that their interests are protected.
Reduces the possibility of litigation: By signing an NDA, both parties agree to the terms and conditions of the arrangement. This reduces the possibility of litigation and ensures that disputes are dealt with civilly.
When Buying or Selling a Home; Protects proprietary information: An NDA helps protect proprietary information and confidential data by outlining the restrictions on its use and disclosure. This helps ensure that the information is not misused or exploited by competing investors.
Promotes trust between parties: An NDA helps promote trust by establishing transparency and accountability. This is especially true if you are going through a new project with a new RE investor partner for the first time. This helps ensure that each party is aware of their obligations and rights.
Real estate investors need to use NDAs in the company’s early days. NDAs provide a legal framework for protecting confidential information and can help prevent the unauthorized disclosure of trade secrets. These secrets can be insignificant to you but to someone trying to learn as much as they can will absorb your insights and secrets of the trade and apply them in their own property deals. Unless you’re training and receiving compensation for the skillset provided, most wouldn’t want to train the competition for free.
There are many little tricks of the trade that we pick up through the years of doing the same thing a million different ways. This is your skillset, your differentiator. Having NDA may seem like something for tech companies or manufacturer of a new product, but in reality, it’s a simple agreement that is often overlooked but in the moment it’s needed – it pays for itself 100 times over.
Tropicana Properties awarded two residents today with over $60,000 in scholarships to attend Western Tech College. The recipients, Michael Gonzalez, resident at Castner Palms and Richard Oquendo, resident at Patriot Palms, were each presented with their checks by Bobby Bowling IV and Randy Bowling, owners of Tropicana Properties. The company announced it will additionally award four more scholarships in 2023.
I remember, back when I attended Ysleta E.S. and then Y.M.S. and Y.H.S. there was a group of us friends who gratuated an El Paso High School with a scholarship promise from a principal or something that provided about 100 of us at the time the scholarship was promised in Elem. School and if we were to graduate in the appropriate year then we’d be able to collect. That summer, my friends and I enthusiastically went to CompuDepot I think it was called? There’s a Home Goods there now lol Anyway, we got ourselves laptops and everything that comes with buying one. The rest was used for gas and rent. How much did we each get? About $5,000 each. Which helped us a lot! I can’t imagine getting such a lofty present just before the holidays. Knowing your education is paid for.
Great Job TropicanaHomes with their giving back effort. They don’t blast it, no one asked them to. They just do it.
** APPLAUSE ** APPLAUSE **
I don’t know about you, but I think that is super cool! Below is a bit more from their post;
About the Scholarship Recipients
Michael Gonzalez from Castner Palms will be attending the welding program. He is a single parent of three ranging in ages from 12-17 yrs. Mr. Gonzalez has been an active and stable parental figure for his children and would like to show them that it is never too late in life to fulfill your dreams.
Richard Oquendo from Patriot Palms is a positive community member for last 14 years. His aspirations are to become a homeowner and is currently receiving homebuyer financial coaching. His perseverance and ambitions have helped him improve his financial foundation and lead him to receiving this scholarship opportunity.
Since 2001, Tropicana Properties has become one of the largest and most successful apartment development/ownership/management family of companies in the country. With 42 complexes and over 3,900 units properties throughout the El Paso community by the end of 2025, Tropicana Properties’ mission is to place current residents on the path of homeownership as demonstrated by their motto, “Let Tropicana Properties put you in a Tropicana Home.”
Now that’s commitment and passion.
Would you like to tour some of their home? Perhaps, get some in your inbox?
Picture yourself driving past a movie theatre, in the distance seeing there’s a large hospital available for you and your loved ones if needed, there’s ton’s of restaurants on your way home.
Walmat, Target, Lowes, a few sports bars and plenty of restaurants. You make your way just past Pebble Hills High! “GO SPARTANS!” – and just like that – you’re home. Upon arrival a formal entry awaits, the colors are earthy and mellow bringing out relaxed vibes. You like it here. The carpeted bedrooms, the high ceilings in the right places, the large driveway for your cars and the garage for your hobbies and training gear.
If you have been looking for a home, this may be the one you wanted.
3 spacious bedrooms
2 full bathrooms
Elegant Earthy Interior
2 Car Garage
Near Major Family Entertainment & Education centers.
Large lot in a quiet community 5 minutes away from Pebble Hills High School.
Beautiful open floor plan with granite countertops, kitchen island, tons of storage and cabinets, large laundry room, double car garage & carpeting in all the right places. Tenants are military and relocating in a few months.
Looking to Invest in El Paso ?
This property is already split allowing you to track expenses for tax and utility purposes separately.
As of 11/12/2022, the average rental income expected for this house is approximately $1500-$1650.
This large stone masonry home makes for a perfect place to settle down, personalize and grow a family. Property is near Fort Bliss and right across from a historic Elementary School.
4 bedroom
2 bath
2 front entries (& porch)
1 back yard acces
Apartment casita in the back, storage and alley access to property’s large backyard.
The property sits against an alley which is commonly used in this area as secondary, and even primary, access to homes. In this property you will have 2 separate tax IDs issues one for the main one and one for the apartment located in the back near the alley entry.
Property With Second Rental Casita
This apartment offers a cozy living room space, a full size bathroom with stand up shower, a closet inside the bathroom and 2 bedrooms with closet. The kitchen can accomodate a large size refrigerator if you want and has access to the pizza stone oven just outside between the two dwellings.
Looking to Invest in El Paso ?
This property is already split allowing you to track expenses for tax and utility purposes separately.
The back apartment can be rented between $500 and $600 as of 11/12/2022. The main home can rent for approximately $1500-$1600.
What if I told you that the market has very little to do with whether you can or should buy a home?
Is it a good time to buy a house ? Well, it may not be presented on a silver platter, but this is what buyers had been waiting for. Less competition, inventory, lower home prices and a variety of loan programs to help make your dream a reality. Don’t confuse what you hear on the news, if you want or need to buy a home soon, this is your window. Let’s find a good one and get you a good deal on it.
Properties are still selling quickly, they are still selling for above-asking prices (although not by much) and many are first-time homeowners and military families. The fed may raise rates, even more, causing your loans to be more expensive. So even though home prices have dropped for a bit they will essentially be most expensive for you to purchase over the lifespan of the mortgage. Don’t wait for a ‘crash’.
Real Estate Investor-Friendly Agents Available in El Paso.
Call me today for a free consultation. 915-910-0908
People will always need to move, buy and sell real estate, regardless of market condition. However as a homeowner or property owner investor, you may not always be faced with an urgent need to get rid of a property so you must weight in the options and make a reasonable case for selling a property during bad housing markets or during a ‘buyer’s market’
One of the biggest factors to consider is whether or not you already have plans for those proceeds. Could you be wasting valuable time that could be used building faster equity or higher cashflows? If you have a home with good enough equity still, you can take advantage and sell your home for a profit and buy another home that gives you that stepping stone into higher values, better returns, etc. You’re buying in a down market. This is exactly what investors do and how normal every day families start building their generational wealth… by leveraging one home into two or three during a time of discounts. Who cares if your home is also down in value, as long as you are up from your original purchase, the market doesn’t affect you, what should drive your decision is whether or not the available equity can yield higher returns elsewhere or not.
If you think or hear that there’s a recession coming, you sell your home and then nothing happens but you have already reassigned your equity to another property that also didn’t decline and is now returning equity sooner than expected, pair that with forced appreciation through some rehab and you’d have very nicely taken advantage of a down turn in the housing market and have converted one home with some equity into an investment vehicle utilizing your equity for faster returns or higher cap rates and all hopefully for about the same monthly outlay.
For proper and honest home selling tips and guidance call 915-910-0908.
Selling your home isn’t something you should take lightly.
While selling a house isn’t rocket science and many homeowners have deal with 1:1 transactions where is owner and buyer dealing with one another directly. While this is common, it is also very common for attorneys, real estate agents, title companies and lenders to hear about and fix situations where one of the parties got accidentally taken advantage of.
Realtor’s aren’t sleezy car sales people. Not that car sales people are sleezy and not only sleezy sale’s people sell cars. Realtors are guided and regulated by the highest of Texas statutes, regulated by a board and can get in legal trouble for misrepresenting your best interest. We’re meant to help you finding the best deal structure for your transaction and guide you through the process until completion. We earn our pay through the completion of a successful transaction that can take up to months to complete. Most homeowners who sell a home on their own do so simply because of the assumptions the general public has of a typical Realtor. Leaving the fact that most Realtors are to blame for this misconception, it’s still worth clarifying here before we continue since you have to know that most realtors do honestly try their best to earn our pay and your satisfaction for a life long source of referrals.
Some of the nicest clients I have ever had the pleasure of helping have come to with questions about a particular situation they are trying to resolve. Sometimes is something as simple as ‘I didn’t know that the seller didn’t have to make the payments to the bank’ or ‘I’ve never gotten a receipt in 20 years and I can’t get them to tell me how much I owe’ ‘the shortgages were significant and now I’m stuck dealing with the costs when its clearly something seller should have disclosed’ – basic things that most ordinary non-realtors wouldn’t even thing about checking or negotiating.
When you buy or sell the property directly from the owner, consider that is not the same as buying anything else that is personal property such as a vehicle or even a gun. Real Estate is something that is regarded as one of the highest values within the U.S. economy and a big influencer in the market’s overall health, you are buying or selling a property that can be turned into general wealth by the right mindset and execution, depending on the location you may be dealing with mineral and or water rights as well for example. The fact that is regarded to a much higher standard of value yields the assumption that there will be more moving pieces and legalities which are opportunities for errors and omissions on the contract from you or the other party – when one side has an Agent or legal representative at least the chances for mistakes are reduced, but you don’t want to be on the end with no help on your corner.
You’re better off in most cases getting a Realtor.
Consider reading: Why sell a home during a recession?
When you’re selling by owner, FSBO as we call these transactions where the home is sold directly by the owner, both parties must do their due diligence in the property’s history and possible holes in the ownership chain that could come hunt you. Most good buyers will come with an agent and you want a buyer with an agent so that they can help ensure the transaction is done properly, but the irony of that is you don’t want to be the one without representation here.
You have all these companies fighting for your attention trying to make each other look bad, trying to make realtors look bad saying that you as the homeowner don’t need to waste time and money hiring a Realtor, but the reality of it is that they wouldn’t be attacking each other if they actually had something of value to offer. But these ibuyers or syndicated investor funds like Opendoor.com really only rely on homesellers who are not educated enough about their potential return listing on the regular market. When you look at a home that was sold to them for example and you see $300k, you may think “WOW! Opendoor.com paid that much for THAT house? Mine’s gotta be worth at least that!” So that drives interest amongst sellers. What about those bandit signs on the roads “WE BUY YOUR HOUSE CASH!” – aren’t they promising the moon? They buy fast, without hassle, and using cash.
Why would a homeowner ever pass on this? Well, multiple reasons. Almost as with selling through a company like Opendoor.com or Zillow… for example, why would any homeowner ever sell to someone who is going to ‘internally calculate’ what your home is worth, you trust it without external review, and then once you have the offer accepted come in the credits and discounts given back to the seller during closing, materially reducing your actual cash proceeds from the actual purchase price initially agreed upon. Why would a seller not want to put the house in the open market and let more than just one bid come in and see which is the highest? Why would any homeowner go with a single offer buyer who pretends to be doing you a favor in lieu of you not ever finding out that they are actually paying less than what you deserve, but that’s business right, they have to make a living, right? Buy low, sell high. Well, I say, let them make cookies with someone else’s chocolate chips.
Hiring a realtor would make better sense in my humble opinion.
Sometimes, honestly, a good realtor will mean the difference between you having to fix the home partially or in its entirety before listing on the market. A good realtor could help you find a good marketing angle and maximize the exposure your home can get with the right group of potential buyers. While selling the house through Zillow and Craigslist or Facebook may yield some drives, visits and open house onlookers, you won’t get the best deal this way. You may be thinking limitations and shortcomings with a home that needs work, while a good Realtor can help find a buyer looking for a blank canvas or your area and needs to be shown how to see past the cosmetics first, etc.
If your house needs work, you’re still sometimes better off selling through a Realtor and the open market.
There are plenty of reasons why a homeowner wouldn’t want to hire a Realtor, but I dare you – send me / submit your thoughts and scenarios and I guarantee I’ll rebuttal it intelligently and find a way how a realtor could make all the difference.
Thank you for reading!
Visit El Paso Living.com to schedule an appointment, get VIP access to houses and more.
& What real estate services do I offer my clients as an investor-friendly Realtor.
You know, growing up with my mom in El Paso, Tx., meant often driving around sight seeing or window-shopping if you’d call it that, but we’d go drive around looking at houses, pretty houses here and there. Always dreaming, as a single mother she couldn’t work past the hurdles of home buying. Now as an adult, it pleases me to help my mom, family, and friends and of course anyone who is willing to trust me. I will always tell you actually, that I will try to protect your best interests with more care and attention than sometimes probably you would yourself. LOL
In all seriousness though, when you are looking for a realtor to assist you in the buying or selling of real property, what you are really hiring for is someone to help you with some the tasks needed for the transaction itself, such as running feasibility studies, ROI analysis, Cashflow tests, Comparable values, etc. You want assurity. Would you get that level of reliability if you work with a new realtor who doesn’t own any real estate at all or would you rather find the hustler, the organic agent that knows his markets, people, is well connected and can align with your goals?
Here are some things that I offer my clients and what I think are basic requirements you should have for us when you hire us to help you buy or sell a property.
Walk The Talk Reliability
When it comes to investing, you won’t ever hear me or anyone in our team say that we’re the best but what you will hear from us is will be true and transparent. I like to work with investors who are after the same goals I have for my personal portfolio; someone who is looking to buy and hold, BRRRRR properties, syndicating deals, buying discounted properties through other creative financing and with the occassional flip project. I do this already for myself, have a system where you as investor can now come in and swiftly join the conveyor belt that takes you from property search to turnkey project management for the rehab and then running it as an Airbnb or long term rental. All done for you or as much for you as you’d want – Why? Because I am an investor as well and my resources are made available to my clients. This is my business, anything Real Estate and because I have a passion for this you’ll constantly see me working on ways to improve.
Market Understanding
I was born and raised here. I love El Paso. Although the city has always been referred to almost a ‘pass-through city,’ there is so much to do and so many people to meet and memories to create. If you are looking for an agent to help you invest in El Paso, Tx and specially if you’re from out of town, go with someone that has deep roots in the community, with ears to the ground for any leads that can facilitate a deal for you, and understands that intridcacies of what makes up the data from sites like, Rocket Mortgage Market Analysis or Redfin El Paso’s Housing Market Report tools and translates them into digestable understandable variables – such as growth population growth, job growth projections and how it affects rents or owners in that area, what drives a certain area’s interest, etc. Go with someone who is invested and who doesn’t suggest something he wouldn’t do himself.
Airbnb Property Purchase & STR Set Up
Airbnb isn’t something anyone can do right off the gate. 10 or so years ago as the platform itsself was trying to discover what type of business model it wanted to follow, many absentee hosts (many of whom were teenagers) would be able to make a killing $$ renting apartments in West El Paso for example and sub-lease it without the landlord/property manager’s approval and with a mix of good and bad reviews, it didn’t matter much, for the platform itself. But now, the platform values what guests have to say a lot more, some of us hosts think it may be a bit too much, like Yelp almost, where by assuming guest is always innocent even after proven guilty, the business or in our case hosts don’t get to remove the black mark left by the review, very public for all to see. So what do you do?
While you may wonder, “why would anyone in their right mind want to do an Airbnb if you have to be babysitting around guests?” The reason is two-fold actually. As simple as on one side of the coin you have that cleaners and maintenance is done excessively after each guest leaves, whether is for damage or maintenance, the property and items must be constantly well kept so that each incoming guest doesn’t percieve a difference in wear and tear from use. This means you as the long distance investor who has decided to buy a house in El Paso to rent, can sleep at night because we may have converted that LTR idea into an AIRBNB business the maintenance is almost daily and paid for by the cashflow itself – rather than waiting a year after a long term tenant leaves leaving you wondering how the property has been holding up since.
On the other side you have the second reason which is higher deductions, higher cashflow and possibly higher return on investment through higher payment options. How? Based on what I’ve seen through my own projects, short term and long term rentals, and other data, the average Airbnb produces 2x minimum the comparable LTR rent rate. For example, a 3 bed 2 bath house off Montwood in central El Paso, Tx., would rent for $1450/month to someone for a year, on average that would mean a realistic projected gross revenue per month on Airbnb/STR to be 2x of the $1450 which is (2x$1450) $2,900.00. Yes, from there you would have to pay mortgage, inventory for whatever you provide, utilities, cleaners are paid seperately by guests, and insurance. All in all you’d be at $500 or so average profit each month. Now, you may think this isn’t a lot and in reality it isn’t unless you think like an investor; strategic long term planning is key here, don’t assume you’re going to get rich off one Aribnb home but it gives you a faster vehicle to help you build wealth faster by having more cashflow to reinvest into the mortgage owed or by saving faster for your next downpayment and the $500 vs. $100 that you would of gotten with LTR is better able to get you out of a bind any month while being able to save for the property emergencies aswell.
Airbnb properties aren’t common and each property will tell you how it would best work to set up as STR if at all. A good Realtor, I do this for my clients, will be able to help locate opportunity zones and whithin them find the available properties that could justify the heavier cash investment that these homes need. A good realtor would be comfortable partnering with you in the deals they are suggesting to you.
I have 10 units in El Paso, so you can imagine how the difference in cashflow adds up, $500 vs. $100 at a time.
An Established Performing System
When you decide to work with Humberto Valle or extended team you are partnering with someone who cares about your success as you do yourself. Why? Because we are all deep rooted in our beloved city and just as other little things that make it a great place to live, we are raised wanting to see everyone succeed. We rely on your satisfaction.
I rely on your reviews and referrals as part of my business model this means I must invest myself on your results and make it a personal mission to deliver a good experience with better results. I don’t treat you like a transaction pending to cash while another comes in. Some clients end up as long term partners.
The first is step is the hardets but did you know that means for you – making a call is the hardest part. If you’re ready, stop wasting the time that could be building you equity already, give me a call. If you are interested in breaking down any of these quick thoughts with me or if you want explore investing options or are in thinking about selling your home anywhere in Texas – give me a call at 915-910-0908. If I am available I will always answer, if I can’t please leave a voicemail or text me. I will call you right back.
It’s Monday August 21, 2022 & everything is going up in price, employees seem to be quitting on their jobs before they’ve even started working. People who are now having to come back to work are doing so forcefully, there’s a war going on, the economy seems to be a guessing game right and gas prices at least for now have dropped in price.
But no worries, at least here are five ways to save money around the house right now, you can finish reading this and then go immediately and start saving some moolah (spelling?)
Homeowners should remain vigilant for sneaky resource leaks such as window air leaks, running toilets, corroded exterior lines and more.
Way To Save #1
Go through your windows, especially if you have the A/C set nice and low, the fan must be blowing and if you have tiny cracks you have air leaks. Check and seal the ledges and around windows. * look for contractor’s packages, certain stores/items offer bundled savings *
Way To Save #2
You got it, easy tip #2 is to go check for water leaks. This could be something as sneaky as a quiet leaky toilet tank constantly running without you noticing, open the lids and check for flow – if you haven’t flushed for example there shouldn’t be any flow. All good there? How about checking a broken sprinkler or corroded hosebibb ? These drops can definitely creep up that cost for you.
Way To Save #3
Clean out the dryer lint and air exhaust duct. If you only clean out the little mesh filter inside the dryer unit you may not be doing enough. It’s recommended to also at least once a year to clean out the duct itself to help out the fan blower inside and overall heating performance which means less running time, higher heat efficiency and less electrical cost. Chaching! (spelling?)
Avoid that pesky mortgage insurance and save on average $125 per month.
Way To Save #4
Have you owned your home for a few years already? If you have for example been paying a more than expected each month for the last few years, have owned your home in El Paso, Tx for let’s say 5 years or more and you are current on your payments; you should call your lender and ask them if you are under the 80% debt to value ratio requirement from the insurance policy. If you are under, you can save yourself on average $125 per month by not having to pay the required insurance when you buy using an FHA backed loan for example.
Way To Save #5
If your home is needing more and more repairs and you are not married to the idea of growing old here, consider thinking like an investor when it comes to making the right decision on whether you should continue to add money and time to this property or if your current home equity and overall personal situation provide you with a good opportunity right now to exit out of your home, re-invest your equity into a home that’s nicer, maybe closer to your tribe or your day job. Start building equity there, save time and gas money and save yourself the hassle and money right now fixing the little annoyances. Right now sellers still have a great opportunity to squeeze in with ‘no repairs offered’ and still get top dollar offers. Who knows how demand from buyers will be in the next few months and or if sellers may have to start offering more incentives. Think like an investor and consider that maybe it could be a great time to sell and re-invest that equity.
I hope I was helpful, remember if you have any questions you can always text, call, message me at 915-910-0908. I’m a Texas licensed Realtor so if you need anything regarding Real Estate, go with humberto 🙂
Are you thinking about turning your personal home or new investment property into an Airbnb or Short Term Rental business?
Maybe you should just sell it. But before you decide to a For Sale By Owner or hire a Realtor like me, let’s explore some deciding factors.
I first got introduced to Airbnb through our cleaning business, Honest Maids, which was launched in Arizona by my wife and some of her friends. After a few years of helping hosts (many of them out of town or Realtors) we decided to focus heavily on this industry.
Afterall it was the cleanings that determine the overall viability of the rental. We created, hands down, one of the most popular cleaning companies in AZ almost a decade ago. Then came hosting, real estate investing, and my AZ and Texas real estate license. Now living here in El Paso, the market is different, slightly, but the overall process remains the same.
Here are some things to consider when deciding if running an Airbnb business is right for you:
Property condition – can you ensure a reduced risk of hazard, broken items, faulty or glitchy items during a guest visit? The last thing you and your guest want is to be dealing with electrical going out, windows that don’t open, bugs, doors that are difficult to open, etc.
Property location – even if you have the best intentions, highest attention to detail, super responsive – your rental needs to be in a block, a community, a zip code, area, city that can sustain the demand you need and that it delivers the right experiences for your guests.
Your availability – Can you be available at a moment’s notice? If your guests tell you that they can’t check-in, or electricity is out – would you be able to go within minutes to take of it? I know you may think having a handyman will solve this, but unless they are your full time employees there is a chance that you will have to wait for them to become available to you. This may lead to cancellation and refund requests, worst yet – bad public reviews.
Cash available to invest – renting a property as a Short Term Rental business, such as Airbnb or VRBO isn’t the same as renting it LTR to a family for a year at a time. This is a BUSINESS that needs your initial investment to set it up, insure it, furnish it and pay the support team you need from cleaners, handymen, hvac techs, and more. On average a good set up per room may cost you about $3,000 – $5,000 unless you trade time and haggling to save some cash. But never sacrifice quality and aesthetics to save a penny because that will cost you way more than what you are saving.
Aesthetics and Presentation – can your property show well in pictures? Are you good with sales and customer service?
What about your stress tolerance? There may be many times where a less than appreciative guest will turn a small hiccup into a huge discount for themselves, a bad complain where you know what’s said ins’t accurate, or worst yet there may be months where you don’t get enough bookings to cover your expenses.
Cashflow needed? How much return do you need each month? One of the nice things about Airbnb is that it can turn a 3×2 home into a $1,000 per month profit business compared to the average $100-$200 max you get with long term tenants. Especially assuming you don’t get any broken appliances, etc.
Can you build a good team? If you can’t make yourself available, you need to make sure that the support you have is actually ready and has your back immediately. You shouldn’t have to negotiate each situation with them, be haggled for everything or forced to wait days for someone to go and repair things. If your cleaner’s don’t know the intricacies of running an Airbnb you can be in a lot of trouble.
Are you wanting to be a ‘Host’ for years to come? This is a long haul game, you shouldn’t really open an Airbnb with LLC and all just to shut it down in a few years, as a business it can provide you with the life you desire but not without effort and sacrifices. THIS IS A BUSINESS not a passive way to take advantage of an asset.
If you want a semi turn-key Airbnb, you can also consider hiring a ‘Co-Host’ to help manage your unit, deal with bookings, and more. They can be an extension of yourself and is often what makes or breaks a rental. For example, when hosts turn to me to take over the rentals and fix their business, I employ my experiences and knowledge in marketing, SEO, sales, marketing, hospitality, etc. etc. and Hosts only take care of things like paying bills, ordering stuff, and overseeing efforts. The more hands-off you want to be the more you should expect to pay but it should also be worth having.
When you do things right, take care of your guests and clients you see months like this…
While others in your same market and target see this:
Or this…
I hope this provides some of sort guidance and please don’t hesitate to reach out to me if you have any questions or thoughts about launching your Airbnb business or if you need any help managing your existing one.
