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4 July 2024 | 8 replies
They're pretty much pushing out the full service car wash model.
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4 July 2024 | 11 replies
(7%*(1-.3)You're being mislead by your model IRRs unless you also incorporate the HYSA balance you'll need to carry to keep the deal leveraged.You're also being mislead by the points you originally paid.
3 July 2024 | 20 replies
In terms of my business model, it's wholesaling that I want to get going.
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1 July 2024 | 5 replies
Aspirations!
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2 July 2024 | 2 replies
Would love to connect with agents and other people who are familiar with the house hack model in this area.
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1 July 2024 | 6 replies
But if you want to do super detailed drawings and create 3D models, then SketchUp would be the software I’d recommend.
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2 July 2024 | 5 replies
As of now, most banks don't recognize the split model and only run numbers on the LTR units since they feel those units are guaranteed income.
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3 July 2024 | 36 replies
And you also need to be super careful about their 1-yr contract if switching to different a pay model (We are dealing with them for $27000 early cancellation penalty now) Although they have many functions such as generating one listing from Guesty and pushing them to all different platforms, we realize that pushing to multiple platforms is not necessarily generating more income.
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1 July 2024 | 8 replies
This could make your ADR less competitive, but if marketed correctly I'm betting that people might perceive more value, which keeps occupancy at least the same.I'm thinking of a model where you tell guests they have "add-ons included" like grocery delivery, prepared breakfast package, attraction tickets, inner tubes, etc.
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7 July 2024 | 89 replies
If two people have the same NOI after debt service, but one has fewer doors, that model is most likely more efficient.A few years ago I had several more "doors" than I do today, but my ROI has increased due to re-focus and efficiencies.