All Forum Posts by: Corbin Wright

I am looking at a condo that is located across the street from a Sonesta Suites extended stay hotel. They post their rooms on the normal hotel, discount site, etc. They also post their rooms on Airbnb. Could this potentially throw off my estimated revenue, occupancy, and daily rate numbers to skew them higher than they should be?

I agree that current success doesn't translate into future success especially since it will be my first property. Do you have a recommendation as to how I should narrow down my search to just a few areas? Seems like the most logical way to do that is make sure it's a good market/deal and personal preference but there's plenty I've found that could be good deals.

Areas in and around: Asheville, Banner Elk, Blowing Rock, Boone, Highlands. As well as Fredericksburg, TX. 

These areas have traffic year round and are close to tourist attractions.

https://www.theoffersheet.com/

I'm stuck in the dreaded, analysis paralysis, and I'm wondering if it would help narrow my focus. I had my short list of 3 cities to choose a property in, and then curiosity got the best of me, I analyzed 5-6 more places and now I'm lost in the weeds again. Any advice to get out of the rut would be greatly appreciated as well.