05/11/2019 at 10:09 pm #61700
Hi Jay & Ryanne,
I wonder which sub-forum is appropriate to talk about vacation rentals or shampoo & booze. Or I shouldn’t talk about it here at all?1+
05/12/2019 at 8:44 am #61705
Why don’t you ask the questions right here on this thread. I’m not sure how many folks here would be interested in rentals, but we could be surprised. They can not follow the conversation if they choose.1+
05/12/2019 at 1:01 pm #61711
I’m really sad that you’re not making any more Shampoo & Booze podcasts. Would love to keep hearing about that business. We’ve been renovating a 1967 Airstream and plan to put it on glamping hub or airbnb or vrbo or…
Which of those sites do you like best? Which might be best for a vintage airstream? Thanks!1+
05/12/2019 at 4:07 pm #61729
I learned the word “glamping” in that podcast. I guess different OTAs would fit different types of “properties” better. So far I’m also only on Airbnb.0
05/12/2019 at 1:20 pm #61712
yeah i love that podcast too, but it was just a time commitment thing. too much going on, maybe one day we’ll pick it back up. i think your airstream might do well on all of those platforms. we’re on all of those and 99% of our bookings come from Airbnb, but will be different for everyone.1+
05/13/2019 at 8:44 am #61794
Rayanne, what is your opinion on cotton vs microfiber sheets in your rentals. Do you stick with all white linens so you can bleach them?0
05/13/2019 at 12:48 pm #61810
all white sheets and towels. all cotton.
i am guilty of having a couple cotton poly blends in rotation in light grey right now ( i had them, they are working fine for now), but most everything else is cotton and white.
i don’t bleach, i use oxyclean, mostly because we have a septic and doing that much laundry and using bleach might be harmful to the septic bacteria. and bleach is nasty stuff.
HOWEVER (there is always an exception), i will use bleach if there is a stain that just won’t come out any other way, or if my towels turned pink by accident (we have a couple dark maroon duvet covers).
i get stains out using vinegar (rust), hydrogen peroxide (blood), and dawn dish soap) greasy marks. makeup or self tanning lotions can be removed by some oxy clean mixed w water to a paste and applied and scrubbed with a toothbrush, then you can soak in dawn (i just put it right on the spot) overnight. i’ve saved so many white towels this way.1+
05/13/2019 at 12:56 pm #61812
and the reason we use white cotton is, yes it’s the industry standard for high end hotels, but it also shows very obviously that you have clean sheets and towels.
no marks? it’s clean, or that’s a good assumption by a guest.
ever stayed in an airbnb with black or maroon towels and wash cloths? yuck! how do i know this is clean, this could have 100 people’s old mascara on it and i wouldn’t know.
ever stayed in an airbnb with white towels that had stains all over them anyway? yuck! i have, it was horrible.
i take my laundry very seriously, it’s the most intimate part of someones stay and it better be clean.
- This reply was modified 1 week ago by Ryanne.
05/14/2019 at 5:43 pm #61910
Thanks for the tips!0
05/12/2019 at 4:04 pm #61728
I love the show to death! Learned so much! I understand it’s a big time commitment thing. I was surprised to learn you we’re doing two podcast shows at the same time. Maybe just do a quarterly “shampoo & booze” show to keep your fans entertained while documenting your ongoing journey. I really want to hear the progress of your two new rentals.0
05/12/2019 at 4:11 pm #61730
We’re glad to talk about Rental properties here. If there’s enough interest, we can even create its own category on the forum.
What did you want to talk about?0
05/12/2019 at 4:43 pm #61732
So many things I want to talk (or more like I want to ask you guys) about. Currently I’m still trying to re-furnishing my place. I’m trolling the Kijiji (like Canadian Craigslist) for good quality furnitures. Any advice on that? List of brand names? I was so jealous about Ryanne’s $20 West Elm bed! That’s basically FREE! The other day I bought a good quality solid reclaimed wood queen bed for $300. I have three more IKEA beds I’d like to switch out when I find good ones to replace them.
Talking about IKEA, you two mentioned not once in your show about IKEA stuffs being lower quality which I 100% agree. But I do see a couple of IKEA items in your rental properties. Is there a Jay & Ryanne “approved” list of IKEA furnitures you can share here?0
05/12/2019 at 5:08 pm #61734
05/12/2019 at 5:02 pm #61733
we like to use Ikea, we just don’t want every piece to come from there, because it gets obvious that you just went to ikea and bought the whole house worth (we’ve stayed at places like that, feels like they just didn’t think about anything).
we like to mix it up with pieces we find at estate sales, auctions, ikea, craigslist, etc. since renovations take us a while, we have time to gather and it makes a nice mix.
i think its fine to use Ikea beds and then upgrade as you find nicer ones. we’ve done that several times. we just re-sell on craigslist which is great.0
05/12/2019 at 7:50 pm #61744
- Location: Merida, Mexico
Bummer, I liked that podcast as well…0
05/16/2019 at 9:48 am #61992
Jay & Ryanne, in one episode you mentioned that your guest did something to your Wi-Fi system to make it work better. Can you please share what exactly he did? Did you get any additional hardware to extend your Wi-Fi coverage to the writer’s cabin? Thanks!0
05/16/2019 at 7:23 pm #62023
yeah we bought an amplifi mesh network–
not cheap, but they work like a dream. bought one for our house too, so all buildings have full wifi bars, it’s great.1+
05/16/2019 at 8:19 pm #62029
I’m wondering if I can just get the Amplifi HD mesh point instead of the complete system with the router. (I already have a router.)0
05/16/2019 at 8:21 pm #62030
i don’t think it works without the router/base unit. we have the modem from our ISP that hooks into the Amplifi router which sends the signal out to the mesh points.0
05/16/2019 at 8:28 pm #62031
I’m reading the product description here https://store.amplifi.com/products/amplifi-hd-meshpoint which says:
“Pair the MeshPoint with the AmpliFi™ Router to expand the coverage of an AmpliFi™ network or turn an existing router into a powerful mesh network.”0
05/16/2019 at 8:40 pm #62032
ah, i think that’s a new feature, we got ours several years ago. if so, that’s very cool!1+
05/16/2019 at 9:32 pm #62035
The one I’m looking at is:
Date First Available: Sep 14 2016
The amazon description says “Can Be Used with AmpliFi Home WiFi System or Any Third Party Router”
- This reply was modified 4 days, 13 hours ago by ironman.
05/16/2019 at 11:16 am #62004
- Location: Washington State
We use these sheets from Costco in our rental- Yesterday they were on the end cap and they are on sale at costco.com – I didn’t check for the ‘discontinued’ code on the sale banner but it looks like they may be going away.
I like the wrinkle shield feature. They really don’t wrinkle- here’s the link if anyone is interested.
I picked up a couple extra sets, cause we just had a set ruined, which brings me to a question.
Do you give bad reviews ratings/feedback for guests on Airbnb?
Would you bill a guest for ruining a bath towel and a set of sheets?
This was group of 3 younger golfers, just very messy. They didn’t break anything, were not needy, great communication. about 60 buck worth of linens. They did leave a bunch of beer valued at 25.00 and 2 unmolested chocolate milkshakes in the freezer…1+
05/16/2019 at 12:51 pm #62010
I’m curious about the same thing. Should you leave bad reviews and charge people for ruining or losing things? I’m sure everyone does charge for lost keys but what about other things?0
05/16/2019 at 1:02 pm #62012
I probably would just put them on my personal “black-list” instead writing a bad review. I feel this is what Jay & Ryanne might do too.
I don’t provide linens & towels myself. My property management company does (of course I’m footing the bill). So, I’m not sure how my PM would do in that case. We’ll know one day when it happens to us.0
05/16/2019 at 7:37 pm #62025
How did they ruin $60 of linens? Usually bleaching the sheets and towels takes out 99% of stains.0
05/16/2019 at 7:34 pm #62024
yeah that’s a tough one. i certainly tend to take some of those minor damages personally, but in the last four years i’ve come to expect ruined, stained, torn linens as normal. it just happens. and they’re relatively cheap to replace. you don’t want to shame your guest, and honestly, you want them to come back!
i’ve become an expert on cleaning stains too, so, as a scavenger, i try to save as many linens as possible from becoming rags or donations. (ask me about specific stains, i’ll try to help you figure it out!)
we have never left bad feedback for guests, even the 2 (yes only 2 out of hundreds) guests who legit damaged items and we asked to get compensated for replacements.0
05/16/2019 at 9:13 pm #62033
- Location: Washington State
Thanks Ryanne, your post is reassuring and I am agreeing with everything you’ve said. In all it was less than 10% of the payout for 2 nights-
Stain was pizza or burger while laying in bed. I treated it with my oxyclean stick but ran out before I could douse it properly. That faded greasy orange little stain on a beige sheet- Just a couple remained on the bottom sheet and single pillow case… My new ones are same color so I could keep them and swap out later.0
05/17/2019 at 1:33 pm #62048
Jay and Ryanne:
I listened to every podcast and it gave me a wonderful idea my husband agreed with and we have started the project.
5 years ago we purchased two lots by foreclosure so we got a really good deal. It took 2 years to build the home which we have now lived in for 3 years. Because I listened to Shampoo & Booze, I decided to ask my husband what he thought about purchasing the lot next door (which happened to be waterfront on a quiet bay) and putting a dock on it that we could use and then building a small cabin and renting it out as an AirB&B “Bring Your Boat” and enjoy the beautiful Florida waters. He agreed!
We are currently in the process of building the dock so that is 2019’s project. The “cabin” will be a 2 year project that we will start in 2020.
I will have plenty of questions for you guys on this topic once we start on the house!
Thank you so much for all you do!1+
05/17/2019 at 3:11 pm #62051
Cool. ADU’s (Accessory Dwelling Units) are all the rage right now:
Accessory dwelling units: what they are and why people build them
Build a little house on your property to rent out. Makes sense if you like hospitality.0
05/18/2019 at 7:13 am #62063
“Bring your boat cabin on a quiet bay” already sounds like a great vacation rental to me.0
05/17/2019 at 3:35 pm #62052
We’re looking into adding an ADU (or a few) to the property we have – one would be in our house (a basement unit – self contained with separate entrances but shared utilities – we are looking to make money on the space we don’t really need) and looking at building possibly a small “4-plex” (we would split off this portion of the property as a separate lot) as income streams.
We were leaning towards having full-time tenants – I’m just curious what the pros/cons others went through in deciding to go with the short-term rental vs. long term tenants?
Also, where we live, we can offer “rent discounts” in the lease agreement for tenants who would like to do tasks like cut the grass, shovel snow, etc. We’re about 12-18 months away from our decision and any renovations/building, just trying to gather feedback from any source we can…we also figure putting our money in our property instead of investing it elsewhere keeps our investments close to us.0
05/17/2019 at 3:56 pm #62053
Long term renters:
–Pros: If good people, it’s basically passive income. Sounds like you could get all the chores done too 🙂
–Cons: If bad people, you are in for huge headaches and money loss. We have lots of local nightmare stories of the long process to evict non-paying renters. You need to really like having people on your property all the time.
Short Term renters:
–Pros: If you live in an area where people visit, you’ll make much more per month renting by the night. If someone shitty stays, it’s just for a night or two.
–Cons: It’s not passive income. You either need to clean or pay someone to clean. There will always be questions from guests.1+
05/18/2019 at 7:19 am #62065
Do you live in or near a tourist destination? If so, short term rental will definitely give you better income. Or if it’s just a great neighbourhood and you can find good tenants, then long term rental will be more passive and hands-off with a steady income.
In my city (Toronto), some long term rental (condos) might not even carry a positive cash flow. However the city also puts rules on short-term rental (180 days max unless you are only renting out part of the unit).
So, there are lot of things to consider depending on location, type of property, neighbourhood, government regulations, etc.1+
05/21/2019 at 10:35 am #62178
Our situation is that we are in a summer tourist destination – which really only has a season between June and August (3 months). We also have a huge government project that is bringing in workers from all over the world for the next 20 years down the road. 100’s of people are looking for what we are calling mid-range (monthly) accommodation.
We talked to several real estate agents, and local renters this weekend and the money seems to be catering to the people working on this project – they want long term stays, but all amenities supplied (bedding, towels, dishes, etc. etc.). We are going to target that market as it is in the middle – we can always go either way when someone leaves (short term in the summer, then long term in the winter, etc).
We are starting work on the basement unit, and researching plans for the secondary unit.
The short-term vacation rental market has been going down in the area the last few years – could be just “legal” units are going down and AirBNB type units are not being counted.
@ironman – we are going to be just off the shores of Lake Huron – it is about 3.5 hour drive from Toronto.1+
05/21/2019 at 10:48 am #62180
So I guess you are close to Bruce Power? Without year-round short-term guest supply, it’s going to be hard to run as a short-term rental.
My place is at Blue Mountain, so both winter and summer are high seasons for me. Spring & Fall are my low seasons, especially April & November.0
05/20/2019 at 2:13 pm #62134
We live in a year around tourist area…outside of city limits…so less regulations. Just 20 minutes from Destin, Florida and the sugar white beaches on the Gulf of Mexico. A boat ride from our dock to the famous Crab Island is only 35 minutes. I honestly believe a short term rental will do very well.
There are a ton of awesome thrift stores around this area as well!1+
05/20/2019 at 2:53 pm #62135
Just like doing research on eBay, you can go on Airbnb to see what listings are in your zip code and what people charge.0
05/21/2019 at 8:08 am #62164
We ran into a person that is doing a short term rental in the area our son moved to. Said that the short term money was 3-4 times what they could get on the long term market. More work on the booking and cleaning, but better money overall.0
05/21/2019 at 9:09 am #62173
That sounds about right. I have a 3 bedroom 2 bath rental house that I rent out for $1100 a month. It is located in a small town an hour away from me…which is not a tourist area. It is very little work as it is always rented.
The short term rental will be a lot of work but it is right next door and the income will be much greater so it will be worth the work.0
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