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6 September 2024 | 13 replies
Here's what we currently cover in our report:- Market Overview: Insights into rental demand and average overall revenue.- 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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8 September 2024 | 29 replies
Laughable.You need to ask them how exactly they find leads, and then ask them what the average client's ROI is with proof.Lastly...Read this: https://www.biggerpockets.com/...Now you have something to judge their answers by.
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6 September 2024 | 4 replies
In our24 years of experience, managing almost 100 S8 leases currently, the average S8 tenant has a FICO under 580, numerous collections from utility & cell phone companies, doesn't want to pay a security deposit, much less an application fee and claims they don't know how to fill out their S8 paperwork despite being in the program for several years - hint: they want YOU to do it for them.Most, not all, are eligible for government assistance due to a funeral-march of bad choices.REALITY: you are trust trading one set of problems for another.You can succeed with S8, but you need to understand the challenges and plan accordingly.
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6 September 2024 | 8 replies
I’m also putting together my “dream” team and interviewing attorneys, title companies, lenders, real estate brokers, contractors and magicians so I’ll be fully prepared when the 100 postcards I send out to randomly selected people results in the 14 offers to sell their notes that represents the average 14% response rate to junk mailings.
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5 September 2024 | 5 replies
The average US household uses 9000 per month.
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5 September 2024 | 8 replies
I have one contact that specializes in luxury and another that is more for "average" STR's.
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6 September 2024 | 4 replies
However, the average rent PSF is often considerably higher as a result, at least in the markets I work in (Seattle and Phoenix).
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7 September 2024 | 11 replies
Appreciation on BRRRR properties will follow, as closely as possible, a 10% forced appreciation in year 1, then a 3% appreciation for each additional year, on average.
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7 September 2024 | 12 replies
Pueblo's housing cost on average compared to Colorado Springs is $150,000 less.
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9 September 2024 | 52 replies
What are the average rents?