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We run a few short-term rentals, and like everyone who does, we hand a cut of every guest’s payment to the booking sites. The way to stop doing that is to earn direct bookings, and to earn direct bookings you need a …
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Things that happened Go into short term rentals, they said… Here’s an inventory of things that happened recently, say in the last month or so: Dryer dead Guest’s phone charger fried Microwave falls apart Thermostat loses …
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Inventory of things that happened over the holidays 1x unit flooded: ice maker supply hose got cut because of friction with a vibrating AC, then flooded the unit. $2,200 to repair and clean up. 1x water in unit (again, …
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This is a short Google Colab note about optimal pricing for vacation rentals. It is work in progress. If I get new ideas, I will write them up.
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Summary A while ago I noticed that there is some confusion around financing and qualification for residential loans specifically for second homes. So I decided to dig a little bit into this, and here is what I found. …
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Correction 2024-07-29: the article says that the debt in a 1031 exchange needs to be replaced with debt. This is not correct, or rather not fine-grained enough. The debt value can be replaced by other things as well: …
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Summary This is what we learned when we decided to escape from the City into nature, set to the backdrop of a worldwide pandemic. We ended up buying a second home on the slopes of the Sierras, in a place called Twain …
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This article is a set of notes that my colleague Sundar made when we discussed our past short term rental experiences. Thank you, Sundar, for making the notes this detailed! It reads like I’m much smarter with answers …