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8 September 2024 | 2 replies
Hey Casey, Property leads its been the one performing good for us.
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8 September 2024 | 0 replies
Building a strong, high-performing power team is essential for any leader aiming for long-term success.
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7 September 2024 | 15 replies
In 2024, I'm trying to automate and delegate as much as possible.The big tasks I would like a VA to perform are:1) Web research2) Website creation & maintenance3) Social media content creation4) CRM work5) Newsletter research6) Market research
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12 September 2024 | 27 replies
@Cosette TrantowThe hardest thing to do in business, in my opinion, is to remove someone when they aren't doing the job, or in your case, performing abysmally.
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9 September 2024 | 4 replies
Don't forget to inspect at least once a year and never renew a tenant that performs poorly the previous year.
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9 September 2024 | 9 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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7 September 2024 | 85 replies
There are always going to be some variability in performance.
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6 September 2024 | 13 replies
.- Detailed City Stats: Includes ADR (Average Daily Rate), OCC (Occupancy Rate), and revenue by bedroom count across different zip codes, top performers for that zip and what luxury properties are earning.- Target Guest Persona: Developed based on guest traffic and behaviors, two most common guest types that travel to this market and what their likes and dislikes are.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions!
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7 September 2024 | 3 replies
.- Investment Lock-Up: While there’s a chance your funds could be tied up for a bit, if the property is well-designed and in a desirable area, you might see appreciation that allows for refinancing sooner than you think.Buying an existing property:- Less Risk: Existing properties come with a track record, so you can analyze their performance and potential more easily.
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9 September 2024 | 18 replies
You must occupy the residence within 60 days of closing and live in it as your primary residence for 12 months before renting out other units.Do this several times and you will have 3-4 performing (hopefully) 4 plexs (or tri or duplex) and then you can look at doing STRs.It would create a great base for you to work towards early retirement.