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29 February 2024 | 2 replies
According to Jamie and his team, the STR market is healthy, strong, and sustainable at this point.Jamie and his team is selling his software.Airbnb is selling their own "share in the market" but they don't care so much about host profitability in particular region as they have other region to fill the gap.Airbnb host is selling/renting their own place.That's why you get the number all over the place.
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29 February 2024 | 7 replies
However, multifamily properties may offer more considerable long-term rewards if you're ready to take on the challenges of maintaining numerous units and are interested in gradually creating a larger revenue stream.The optimal decision ultimately comes down to your own investment objectives, risk tolerance, managerial skills, and the particular market dynamics of the regions you're thinking about.
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1 March 2024 | 39 replies
Volkswagen Scout Brand investing $11M in Detroit, 200 new jobshttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/Hotel Added to Hudson Site, total over $1.4Bhttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/Detroit west side Dexter Neighborhood Receives $21.5Mhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/Norway’s Nel Hydron investing $400M, 517 new jobshttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.Chase invests $200M in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investmentGilbert Foundation invests $439M in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-instituteBollinger Motors investing $44M, 237 new jobshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/32735392BorgWarner Investing $20.6M, 186 new jobshttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs3 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/District Detroit $1.5B Development, 12,000 temp jobs, 6,000 new jobshttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached
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29 February 2024 | 7 replies
I am looking to analyze different regions locally and regionally and cannot find the data.
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1 March 2024 | 13 replies
Yes, it may be less desirable to live there, but you'd have to weigh all the factors and pros and cons in reaching a final decision.For example, I live and invest in the Capital Region of New York.
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1 March 2024 | 34 replies
Seek out regions with robust population growth, a variety of sectors, and job growth.Make contact with nearby property managers, real estate brokers, and other investors in the desired region.
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28 February 2024 | 8 replies
Hi Orlando - you are in a great State and Region for real estate investment.
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28 February 2024 | 4 replies
We had management in the region anyways so this wasn't as difficult of a decision to bear.
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27 February 2024 | 13 replies
Hi all,I am looking to invest out of state in the Columbus OH region.
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27 February 2024 | 4 replies
I've worked for one of the largest (if not the largest) STR PM in the country and depending on your region they generally charge 20-35% of GROSS revenue.