Avery Carl [00:00:02]:
Hey guys, it’s your host Avery Carle with the Short Term Shop. And I’m really excited to dive into the Broken Bow market with you guys. We’ve got 10 episodes on everything you need to know about investing in short term rentals in Broken Bow. A couple notes that I want to give you guys before we get started. Any up to date purchase prices or income numbers on this market you can find on our website theshortermshop.com and if you’re ready to buy with us in any of the 20 markets that we work in, not just Broken Bow, if you want to work with one of our agents in any of those markets, you can email us at agents the shorttermshop.com be sure to follow us on YouTube and Instagram and Facebook at the Short Term Shop and of course join our Facebook group. It’s called Short Term Rental Long Term Wealth. It’s just me and 60,000 of my closest friends in there talking about short term rentals all day, every day. Again, if you need anything from us, you can email us@agentshorttermshop.com let’s dive into Broken Bow.

Avery Carl [00:01:11]:
Hey guys, welcome to another episode of the Short Term show special episode series this time on Broken Bow. Today we’re going to be talking about expenses. So the expenses that come along with running a short term rental in Broken Bow. So got a cool panel of folks here to help us with that. First we’ve got Kathy, you’re familiar with already, but Kathy, go ahead and introduce yourself again.

Cathy Craig [00:01:33]:
Kathy Craig. I’m the STS agent in Broken Bow. I’m super excited about this episode because we have the king and queen of Broken Bow with us. So I am super excited about this one.

Avery Carl [00:01:44]:
The king and queen of Broken Bow. Guys. So this is, this is one you want to listen to. So we have Bobby and Becky Kelly. Guys, do you want to introduce yourselves? King and queen of Broken Bow, Oklahoma.

Bobby Kelly [00:01:56]:
Well, I don’t know that we’re the king and queen, but we’ll, we’ll take.

Becky Kelly [00:02:00]:
We’Ll Kathy of that. Kathy thinks that.

Bobby Kelly [00:02:06]:
Right, Right. So I’m Bobby Kelly. I have a farm bureau insurance office. Been the agent there for 28 years. And Becky’s worked right along my side most of those years except when we had little bitty babies and they were running around the house. But they’re all grown up now. So we, we ensure a lot of cabins in the Broken Bow area and they’ve been doing it for a long time. So we think we know a little bit about that market.

Bobby Kelly [00:02:36]:
So we’ll just share what we know with y’ all today, I guess. Go ahead.

Becky Kelly [00:02:40]:
And I’m Becky Kelly and married to Bobby Kelly, and we both work in the insurance and we just have built with the market. First couple people that had a rental cabin walked in our office needing to get insurance and we had to figure out what was going on. So.

Avery Carl [00:02:59]:
Okay, so you guys own a few properties here too, right?

Becky Kelly [00:03:02]:
Yes.

Bobby Kelly [00:03:02]:
Yes.

Avery Carl [00:03:03]:
Awesome. How many?

Becky Kelly [00:03:05]:
Eight.

Avery Carl [00:03:06]:
Oh my goodness. That’s a lot of them.

Becky Kelly [00:03:07]:
Yeah. Eight nightly rentals and we have four long term rentals.

Avery Carl [00:03:11]:
Okay. So you guys know what you’re doing, you’re pros. Okay.

Becky Kelly [00:03:16]:
As we go.

Bobby Kelly [00:03:19]:
You know.

Avery Carl [00:03:21]:
All right, so this episode. Sorry, I’m gonna try not to clear my throat too much. I’m getting ever being sick. So this episode is going to be mostly on the expenses associated with running a short term rental in this market. So we’ll start with some of the basic stuff that you’re going to have expenses you’re going to have with any short term rental. So let’s talk about like your electric bill. Is there anything. I think I feel like electric bills are pretty straightforward in most cases.

Avery Carl [00:03:47]:
Is there anything weird or different about this market than, you know, owning a house anywhere else in terms of electric?

Bobby Kelly [00:03:53]:
I don’t think so. I mean, electric is just electric. Electric. You know, people complain about electric being high sometimes, sometimes they don’t. You know, so your big, you know, always going to be July and August probably around here, and in the winter probably like January and February are probably the most expensive electric bills. So. So other than that, it’s just kind of basic, I guess.

Becky Kelly [00:04:18]:
I think too, because the cabins are built in our rural area, not in city limits. A company PSO is the electric for in city limits. So Choctaw Electric is for the rural areas. And everybody tends to think that runs higher than what people pay in city limits. And it seems to be. But there’s nothing anyone can do about it.

Avery Carl [00:04:38]:
Gotcha. Gotcha. So you guys, like most of the southeast have electric heat and electric cooling. So you’re. When it’s really, really hot outside or really, really cold outside, those are going to be your high electric bill months, right?

Becky Kelly [00:04:51]:
Yes.

Cathy Craig [00:04:52]:
Right.

Avery Carl [00:04:52]:
Okay. So everything pretty straightforward about electric. Kathy, got anything to add to electric is kind of a boring subject.

Cathy Craig [00:04:57]:
Yeah, I mean, you know, you’re probably averaging in the. In the not high months, depending on the size of the cabin, anywhere from 70 to a hundred dollars a month. And then in the, the high months, depending on where it is and what it is. And how many windows you have? You know, it’s maybe a couple hundred dollars a month. They’re not talking 7, 8, 900amonth. It’s not. It’s not crazy. Crazy.

Avery Carl [00:05:24]:
All right, gotcha. All right, so let’s move on to something else. Boring. So are there gas bills in this market or is everything pretty typically electric?

Bobby Kelly [00:05:33]:
It’s mostly. It’s pretty typically electric. Besides your propane. I mean, there’s not gas in the hochtown area. It’s all going to be propane. So, you know, it’s a little bit different as far as that goes. And there’s. There’s a lot of propane stoves, I guess you would say, in the fireplace.

Bobby Kelly [00:05:51]:
And fireplaces. Yeah.

Becky Kelly [00:05:53]:
Have propane. Most cabins are electric and propane combination.

Avery Carl [00:05:57]:
Okay. So you would have mostly electric appliances and then like a propane tank out back that powers the fireplaces.

Becky Kelly [00:06:04]:
I would say mainly now, some people have propane stove inside and some people have washer and dryer propane, but that’s very rare. It’s mostly electric.

Bobby Kelly [00:06:14]:
And there’s. There’s quite a few propane stoves because a lot of people like, you know, probably. Probably our. Our main market that were that once the cabins here is the DFW area. And a lot of them are used to cooking on a gas range, so they get a propane range put in their cabin, you know, And a lot of the people that come here and rent the cabins are from that area, so they like that. But there’s a lot of electric ranges, too, so a little bit of both.

Avery Carl [00:06:44]:
Okay. And to get a propane tank filled a year, what’s that, like 500 bucks a year?

Becky Kelly [00:06:48]:
No, it’s more than that.

Avery Carl [00:06:49]:
More than that.

Bobby Kelly [00:06:50]:
Yeah, a little. Little bit more propane than that, depending on what your, you know, what. What you’ve got on it in the house, you know. So I would say for 500. Yeah, I’d say to get it filled, you have 500. You might have to fill it a little bit more than once, depending on how much you’re using it. So. Yeah.

Avery Carl [00:07:07]:
Okay.

Cathy Craig [00:07:07]:
Yeah. 5. 5 to 700 a year is, I think, about what they’re running, depending on the size of the cabin. And they’re typically buried. They bury the propane tanks. They didn’t. Not all of them are because in the older cabins or not, but. And, you know, for a while now, they’ve been.

Cathy Craig [00:07:24]:
They bury the propane tank. So we played on it like it was a horse. Yeah.

Avery Carl [00:07:29]:
And it’s so ugly Outside. Yeah. Cabins in another market that they have, that’s all there is, is the propane tanks just sitting. Sitting out there and it’s ugly.

Becky Kelly [00:07:38]:
A lot of people.

Bobby Kelly [00:07:39]:
Yeah, there’s a lot varied. A lot of them got to where they do the smaller propane tank, you know, just a small one up closer to the house. Because the, you know, rules have changed where they can. The smaller ones, they can get them within 10ft of the house.

Becky Kelly [00:07:54]:
So, you know, and when a lot of cabins now have the instant hot water heater that has to have propane. And so they’ll go through more propane because that’s how they have hot water for showers or what we have one that way. So we go through more pro. That one.

Avery Carl [00:08:08]:
All right, so propane’s also pretty straightforward and boring. So let’s talk about cable and Internet. Can you pretty much get like normal Internet service, WI fi out here? You have to do Starlink and stuff. Why are you giggling, Kathy?

Cathy Craig [00:08:22]:
Well, because it’s. It’s broken, Bow. So there’s only one game in town, man. So the phone company is the Internet company and that’s pretty much all we have right now. We’re kind of hoping and I don’t know, the Kelly’s will know more when the casino comes in. I heard AT T was supposed to come in. I don’t know if if that’s actually happening or not, but right now it is Pine telephone, and that is who your Internet services through. Unless you do a satellite, but pretty much it’s Pine telephone.

Bobby Kelly [00:08:55]:
That’s right.

Avery Carl [00:08:56]:
And is that high speed or is it like slow? What are we looking at?

Bobby Kelly [00:09:00]:
Well, we don’t have. A long time ago, there were complaints, but they have upgraded over time and I think it’s pretty normal these days. Probably a little slower.

Becky Kelly [00:09:09]:
Normal for what we’re used to.

Bobby Kelly [00:09:11]:
Yeah, normal for what we’re used to.

Becky Kelly [00:09:12]:
It’s not what DF of city people are used to, really.

Cathy Craig [00:09:17]:
Yeah, I do. I do hear people that from, you know, Dallas. And so when I, you know, if I’m working it, it’s not any slower than it’s fine. So I don’t. We don’t have a lot of complaints from people that come up there and work during the week. So it’s. It’s not horrible, but, you know, it’s. It’s certainly not, you know, the fastest share we’re going to get.

Cathy Craig [00:09:39]:
Right.

Avery Carl [00:09:40]:
So you can like stream Netflix or something.

Becky Kelly [00:09:42]:
Oh, yeah, yeah.

Avery Carl [00:09:45]:
All right. So it’s good enough.

Bobby Kelly [00:09:46]:
We have to start our house and and you know, we’ve got all of our TVs on that and the kids have got video games and all that stuff that go all the time. So we don’t have any problems. So it’s all right.

Avery Carl [00:09:59]:
Cool. Okay. And let’s see here, what else? So we’ve got cable. I mean do people really do cable that much? Like in my short term rentals we just kind of sign up for the streaming stuff and let them do that.

Bobby Kelly [00:10:11]:
Kind of. Kind of pretty much went to that. I mean just like you said, pretty much really going to just all the streaming stuff.

Cathy Craig [00:10:18]:
So.

Bobby Kelly [00:10:18]:
And there’s some.

Becky Kelly [00:10:19]:
Some people still do direct.

Bobby Kelly [00:10:20]:
Yeah, some deals. Still do direct. A few, but. But most of it’s all going to streaming these days.

Avery Carl [00:10:27]:
All right, so we’ll move on to some more fun stuff maybe you guys wheelhouse. So what is insurance look like around here? Is there anything that makes insurance like extraordinarily high? Like I live in Florida, so we’ve got some major insurance things going on.

Bobby Kelly [00:10:40]:
But.

Avery Carl [00:10:40]:
Or is it. What are we typically looking at for insurance around here?

Becky Kelly [00:10:43]:
It’s Oklahoma. Just like you say it’s Florida. This is Oklahoma. So it’s kind of storm, tornado alley. So you got to factor.

Avery Carl [00:10:51]:
I didn’t think about that. Did not think about that exactly.

Bobby Kelly [00:10:54]:
And really down here we don’t get the tornadoes like a lot of the state do because we’re kind of different. We kind of sit in the mountains kind of like we’re real close to Arkansas and it sits right here in the edge of the mountains. But still the cost of it, it just goes throughout the state. It’s kind of, you know, it’s going to be spread the cost and that, that does make insurance in Oklahoma high. So between the tornadoes and you know, then there’s some hail storms too that cause a lot. So. So we get a lot of that cost spread out to us and we don’t really get much of either one down here in this area.

Avery Carl [00:11:31]:
Gotcha.

Cathy Craig [00:11:32]:
So yeah, we run about.

Avery Carl [00:11:33]:
It’s.

Cathy Craig [00:11:34]:
It’s averaging 0.8 to 1% of the sales price is what it’s typically running per year depending on, you know, what they get and what they don’t. Yet. Bobby and Becky are great about making sure that people get the insurance they need for their short term. And you know, we don’t get a lot of tornadoes. But last year, what right about this time I was hunkering down in a underground bunker. Remember the tornado that came through last year and. Yeah. Got somebody up on the mountain, killed Somebody So you know, it does happen.

Cathy Craig [00:12:09]:
Not that often, but it does happen. So they have to.

Bobby Kelly [00:12:13]:
The only time like that with the tornado and it was like a real narrow spot kind of like this one was, was 2003. I think May of 2003 was the other one that would probably compare to the one we had about a year ago.

Becky Kelly [00:12:30]:
Right.

Bobby Kelly [00:12:31]:
And that hit Idabel pretty hard and hit up north in the Pickens area pretty hard this one.

Becky Kelly [00:12:37]:
So it can happen.

Cathy Craig [00:12:38]:
It skips Broken Bow kind of because of where it is and it’s kind of in a little dip and it can’t get through the mountains or whatever. It kind of, it doesn’t. Won’t go too much when it’s hilly. It’s got to have a straight bath.

Bobby Kelly [00:12:51]:
We get protected from a lot of weather because of the mountain range, you.

Becky Kelly [00:12:55]:
Know, and water when they water it. Right.

Bobby Kelly [00:12:57]:
Yeah. We’ve got got rivers to the south and mountains all to the north and, and that really protects us a lot in this area. Sure does.

Becky Kelly [00:13:05]:
But Oklahoma, historically this is the worst storm loss year Oklahoma has had in history. So dollar wise.

Cathy Craig [00:13:15]:
And that’s, that’s mainly Tulsa because we had a storm in Tulsa on 18 June that.

Becky Kelly [00:13:22]:
There was a bad one in Shawnee and a bad one around Blanchard. That is multi, multi million.

Bobby Kelly [00:13:28]:
But it’s, it’s mostly from you know, a lot of hail.

Becky Kelly [00:13:32]:
A lot of hail.

Bobby Kelly [00:13:33]:
So.

Becky Kelly [00:13:33]:
Yeah.

Bobby Kelly [00:13:34]:
So but the southeast corner I would say down here where our cabin industry is. Now I’m a little biased here, but I think we have the best weather in this.

Becky Kelly [00:13:43]:
Well, we do.

Bobby Kelly [00:13:43]:
We do.

Becky Kelly [00:13:45]:
It’s not. I mean there’s a fact.

Bobby Kelly [00:13:47]:
Yeah, that’s the fact.

Becky Kelly [00:13:49]:
Our, our company, our insurance company wishes the rest of the state had our weather.

Bobby Kelly [00:13:54]:
Yeah.

Cathy Craig [00:13:55]:
So.

Avery Carl [00:13:56]:
Okay, so on to another really fun topic. Let’s talk about taxes, both property taxes and taxes that you have to pay, you know, for running a short term rental. Which one do you guys want to start with?

Becky Kelly [00:14:08]:
Not me.

Cathy Craig [00:14:12]:
Well, okay, so property taxes are running at about again about the same as 0.8 to 1% of the. Of the appraised value of the home, you know. Of the what? Whatever you pay for it. The county has been running behind on all that stuff. So things are just now starting to kind of catch up a little bit. It’ll. It’ll be a while before they get. Get to all of it.

Cathy Craig [00:14:38]:
They’re not known for their speed. The taxes for running the short terms are. Is interesting. There is no fee currently. You don’t have to Sign up for anything. You don’t have to have a permit. Nothing is happening with that yet, although I’m sure it probably will. But last year when they incorporated Hoja Town, which we talked a little bit about in another episode, and the, the area that Hoja Town is in the Broken Bow area because everybody remember, it’s all still Broken Bow addresses, but Ho Chi Town is kind of cut out right in the middle by the 259A area.

Cathy Craig [00:15:20]:
The. It’s 7% if it’s not Hoja Town. It’s 14 if it’s Ho Chi Town. So 14 is more of a national average. Like, it’s more. That’s kind of an average for a lot of places. So there are, there are, there’s a section of like you could be right outside Hoja down, but still kind of in the middle like we talked about, and have 7% less in, in what you have to charge. So it’s an interesting.

Cathy Craig [00:15:51]:
It’s an interesting little thing that’s going on.

Avery Carl [00:15:53]:
Yeah. Because that’s half. That’s a big, A big separation now.

Cathy Craig [00:15:57]:
I think broken bed is probably going to catch up and, and increase theirs. But right now that’s what’s going on.

Avery Carl [00:16:03]:
Interesting. And you have to pay state sales tax.

Cathy Craig [00:16:05]:
Is that just the local tax or that’s everything included?

Avery Carl [00:16:09]:
Okay, cool. Yeah, that’s. That’s not terrible. Pretty in line with, with other places. Okay, so we’ve covered taxes, we’ve covered insurance. So let’s, let’s talk about the actual expenses related to the running of it. I mean, I guess all of these are related to the running of it, but. So like maintenance and cleaners.

Avery Carl [00:16:27]:
Let’s start with cleaners. So what do you guys see? Your cleaners or most cleaners charging for properties. And if you want to just give like an example of what you pay for different sizes of stuff that you own, that’s totally cool.

Cathy Craig [00:16:40]:
Okay.

Bobby Kelly [00:16:40]:
Hey, can I add one more thing to that tax deal before we move on?

Becky Kelly [00:16:44]:
Yes.

Bobby Kelly [00:16:46]:
Well, no, I mean, she knows a lot more about that than me. But I just want to say the comparison from us and our biggest market is the Texas market that that buys our cabins here. And our taxes, our property taxes are going to be lower than those that are in Texas, though from what I’ve noticed from buying a home in Texas, quite a bit lower because they, they don’t have the state income tax. So where we have a state income tax, where they don’t have it, they tend to make it up on their property taxes. Where in our Property taxes are a lot lower because of that. So.

Cathy Craig [00:17:25]:
So Texas is approximately 3% and meaning one where you are. So if you’re looking at a 600000 cabin, you’re at $18,000 a year for Texas and $6,000 a year for Oklahoma. And the income tax does not make up that difference. Income tax isn’t that much. So you’re still saving. You know, if you’re, if you’re not really apples to apples. But there is a big difference. You can save a bunch of, you may pay a little bit more for a cabin here, but you’re going to save a bunch of money on taxes.

Becky Kelly [00:17:59]:
Yeah.

Bobby Kelly [00:18:00]:
Yes.

Becky Kelly [00:18:00]:
Yeah, I think so.

Cathy Craig [00:18:03]:
When I, so when I was still living in Texas and I had 20, just as a reference for people, 23 or 24 long term, short term rentals in Oklahoma, all of my taxes, property taxes in Oklahoma were still less than the one house in Texas combined.

Becky Kelly [00:18:25]:
Yeah.

Bobby Kelly [00:18:25]:
Wow.

Cathy Craig [00:18:26]:
Yeah, it’s a big difference.

Becky Kelly [00:18:27]:
Big difference.

Bobby Kelly [00:18:28]:
Yeah.

Avery Carl [00:18:30]:
Okay, that’s pretty crazy.

Bobby Kelly [00:18:32]:
Okay, now I forgot what your question.

Avery Carl [00:18:36]:
Cleaning cleaners, what do they, what do we see for cleaning charges?

Bobby Kelly [00:18:39]:
Oh yeah, big.

Becky Kelly [00:18:40]:
Well, I have, we have a, we have a three bedroom cabin and it also has a loft with bunk bed. Then it’s a game room slash bunk room. So you know, you could call it four bedroom but look at that for around 95, 200 clean.

Avery Carl [00:18:55]:
Okay, four bedroom, 200 clean. That’s actually really affordable.

Becky Kelly [00:19:00]:
Yeah, because I’ve been in the shop. Look, you know when I look on the, on your Facebook one and, and I see, I compare what other people are saying and a lot of times ours seems a little lower.

Avery Carl [00:19:10]:
Yeah. In our Florida four bedroom we’re paying I think 450 a clean.

Becky Kelly [00:19:16]:
Yeah.

Avery Carl [00:19:17]:
Okay, well that’s encouraging that the cleaning fees aren’t terrible. What about maintenance? So do you guys have like a handyman that you might call to come out to look at stuff like what do they charge per call? And then also moving you know, a little further on from that, is there anything what like what is your biggest maintenance expense? But sorry, that’s too many questions at once. Handyman first and then maintenance expenses.

Becky Kelly [00:19:41]:
Good, that’s a good question. So if you, so some people use property management. So if you use property management, a lot of times they have a maintenance guy that’s included in your property management fee that they take from you. So. But then you self manage and you have to have handyman. It really kind of like fits more of a handyman type job. It could be 45$55 a service call. But if you need like a plumber, electrician, someone licensed to do something, it could be used to be about 75, but now it’s about 150.

Avery Carl [00:20:13]:
All right, that’s not too bad. And so what do you guys. What would you say is your biggest maintenance expense annually over year eight? Well, 12 properties because they’re all going to require maintenance.

Bobby Kelly [00:20:25]:
Well, we’ve got a lot of expense right now just because we’ve had several of them for a while and we’re redoing a lot of stuff on them. So, you know, I mean, keeping up the. A lot of the cabins have a lot of wood, a lot of decks, a lot of porches, things like that. There’s a lot of expense that, you know, if you don’t treat those right and paint them right and stuff, you’ve got. We’re doing redoing a deck on one right now, complete redo and. And then we’ve had, you know, several.

Becky Kelly [00:20:53]:
Of those little things like air conditioning, heat and air. Heat is a big expense as long as everything goes okay. But this year, how many did we replace? Five.

Bobby Kelly [00:21:03]:
Yeah, five units. But that’s including our house. Well, really three. In the cabin we. We replaced, you know, had to put in three new units, but they were older units around for a while. But air conditioning, when it gets air conditioning season, man, it just crazy, you know?

Avery Carl [00:21:19]:
Yeah, so I hear that. So we don’t have any abnormal maintenance expenses like snow removal or pumping. Well, not septics like replacing, well pumps and things like that.

Becky Kelly [00:21:33]:
No, no.

Avery Carl [00:21:34]:
It’s all pretty basic, really.

Cathy Craig [00:21:36]:
Not even any yard maintenance. I mean, you might get your leaves blown every once in a while, but there’s not really any grass to mow, you know. Yeah, yeah, get a weed whacker at it or something. But there’s not like, you know, any of that. There’s no snow removal and. And they’re right. Probably the biggest expense. And when we say an AC and it’s been around for a while, these AC units can be 20 years old.

Cathy Craig [00:22:01]:
Oklahoma tends to. Things tend to last a while here. So. But people that you have to maintain the. If you have a. A wood cabin, which most of them are, you have to maintain the outside. So there’s a guy that does soft washing. People have it washed every year, wash their deck, and it’s 250 or 300 bucks, you know, and then every few years you can have it, you know, re.

Cathy Craig [00:22:24]:
Shellacked or recoated or whatever if you want to. But as Long as you maintain it, it’ll last a really long time. We don’t have, well, we don’t have the humidity that other places do. Although if you ask people in Oklahoma, they think it’s humid, but it’s not compared to Florida or Houston. So we don’t have the stuff that just rots, you know what I’m saying? We, it’s. We don’t have the salt on the roads. We, not really. We don’t have any of that other stuff.

Cathy Craig [00:22:51]:
So things tend to last a while.

Avery Carl [00:22:53]:
All right, and what about like pest preventative maintenance? What does that typically run?

Bobby Kelly [00:23:01]:
Probably about, probably 85 to $100 a quarter on a, on a cabin. So every three months, you know, they come spray.

Becky Kelly [00:23:09]:
It does depend on the size. It’s the size of it. But they start, I know they start the one. There’s a big company here that most everybody uses. There’s a few more, but typically it’s about, starts at 85 and then it goes, it can go up some according to the size of the cabin.

Avery Carl [00:23:25]:
Okay, got it.

Becky Kelly [00:23:27]:
Order.

Avery Carl [00:23:28]:
Okay, so this episode is like pretty straightforward. And I didn’t really expect there to be anything crazy in this market because it’s not on the coast, it’s not in a snowy area. Is there anything expense wise here that we haven’t talked about that you think our listeners could benefit from hearing before they buy something? We’ve done taxes, we’ve done insurance, cleaning, maintenance. Go ahead, go ahead.

Cathy Craig [00:23:49]:
Yeah, it’s pretty straightforward. There’s not a whole lot of, of of stuff that, that people have to pay for. I mean, you can do a bunch of stuff if you want, especially, you know, first time buyers or if they’re buying, you know, something from somebody else, they want to go in and do stuff and paint and, and do all that stuff and add amenities. But just for ongoing maintenance, it’s not horrible. I do always suggest to everybody, no matter what kind of real estate you’re buying, that you, you know, service your units every year and you, your AC units, you service that stuff every year. You can’t just let stuff go and expect it to last. Right. So every spring you want to have your ACS maintenance because you don’t want to get to June and find out you’ve got a problem.

Cathy Craig [00:24:38]:
So as long as you are maintaining your stuff, you should be totally fine.

Becky Kelly [00:24:44]:
Right. I would say overall, just because of. We’re like a boom town. A lot’s happened in a short amount of time and so there’s growing pains and not everything’s going to get done at the snap of a finger. Like you can get it done in a large city. So there’s a little bit of a wait time. If you have to get a service call, you know you need to if you’re going to buy this property, you need to check into maintenance people, cleaning people. You need to know some local people that know how to help you get in that circle of who to contact see and if you know who to contact and you need to contact the correct people too.

Becky Kelly [00:25:21]:
You you don’t want to correct contact people who’s just going to create a mess for you. So it’s good to check references and who you’re calling.

Avery Carl [00:25:29]:
Absolutely. I totally agree with all that. So if there’s nothing else on expenses then we will go ahead and wrap up. Guys, if you’re ready to buy a short term rental in Broken Bow with Kathy, you can us at agents at the short term shop.com will get you hooked up with her. And if you just want to learn more about short term rental investing, then we’ve got a few ways you can do that. You can join our public Facebook group, same title as my book behind me Short Term Rental, Long Term wealth. We’ve got 65,000 people in there sharing best practices and info on investing in short term rentals. Or every Thursday we have a live Q and A call where you can ask us any of your burning questions about short term rental investing.

Avery Carl [00:26:07]:
You can sign up for that@strquestions.com thanks guys.