Mike H.
Do any agents or builders selling new construction STRs include proformas?
21 July 2024 | 9 replies
That will help keep occupancy at a more consistent level in that 70 to 75% level to make the returns much more predictable.As a builder, I'll be looking to build only the smaller cabins (1 or 2 bedrooms at 1,000 to 1,400 sq ft) because they seem to still be selling.
Alex Loginov
Kissimmee - Honest and Reliable Cleaner Recommendations Needed
17 July 2024 | 6 replies
Our previous team, found through Turno, became unavailable due to their growing business, and our current cleaner hasn't been meeting our expectations.We're hoping fellow hosts in this forum might have recommendations for cleaners who consistently provide excellent service and clear communication.
David Toney
1280 W 29th St Short Term Rental (Transitional Housing.)
17 July 2024 | 1 reply
By providing this a quality product with managed expectations and professional management oversite, this property continues to cash flow well and consistently.
Courtney McCall
If you could start a property management co. from scratch…
19 July 2024 | 12 replies
It is a great way to maintain consistency and have product instantly available.
Evan G.
Soon-to-be collage graduate considering Indianapolis
18 July 2024 | 6 replies
Here's a short synopsis on Indy investing (as a realtor with 150+ transactions & 12 doors in personal portfolio): - Indianapolis has all the right metrics for a stable investment: average appreciation 3-5% per year, consistent population growth, low unemployment, highest % of GDP growth last 5 years of any Midwest city. - Indianapolis is VERY competitive in the fixer-upper & multifamily realms.
Gaya Ben Simon
Seeking Advice for New Fix-and-Flip Investors in Competitive Market
19 July 2024 | 9 replies
Hi Gaya,Creating an off-market pipeline could be a great strategy for you to not only get great deals but build consistency and control over deal flow.
Dylan Slyter
How does a 15-year-old get started in real estate?
18 July 2024 | 10 replies
If you consistently show up and participate, someone will take notice and may offer to let you tag along to learn.
Adam Sha
Analyzing Pros and Cons: Building an ADU vs. Buying Rental Property in a Cheaper Mark
17 July 2024 | 4 replies
The lower level is 600 sq ft garage and then 450 more sq ft consisting of a 1/1 along with a mudroom.
Jiwon Lee
STR friendly places in PA and upstate NY?
17 July 2024 | 10 replies
And I simply can’t imagine you would stay consistently booked at those very high nightly rates.You have a very nice home, but there are plenty of homes that are similar to yours that are nearby to yours that are charging $500-$1000 per weekend in March, April, May, September, October, November.
Jameson Sullivan
I am a Retail Broker - Here's some basics you should know before investing in retail.
19 July 2024 | 6 replies
In most cases, new retail leases come with some amount of concessions from the Landlord which primarily consist of a Free Rent Period to allow the new Tenant to build out their space and a Tenant Improvement Allowance which is a pre-negotiated amount of money that the Landlord contributes to the Tenant to assist with the cost of the build out of the space. a Free rent period can be anywhere form 1 month to 1 year (or more) and a Tenant Improvement Allowance could be $5.00 per square foot or $50.00 per square foot (and in some cases a LOT more).