Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Amenity ROI Pricing
Hello all!
Im out of the Michigan area and have been doing flips/ BRRRRs the last 3 years and Im finally getting my first STR going. I have seen many people talk about a hot tub is $50, but how are people estimating these increases? Is it just a best guess or based on some other data set? I get this can be done if that amenity is available at another location and they show a history of a higher ADR, but if the data is not there is there a rule of thumb to test the waters with?
If you have them post them below!