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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
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18 January 2025 | 2 replies
How was your experience?
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12 February 2025 | 27 replies
Also, how do you factor or account for an area/town that experiences lots of seasonal tourism, compared to the town that does not?
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19 January 2025 | 2 replies
If you have that experience, you probably don't need much marketing, as sellers will be reaching out to you directly.Focus on securing one listing at a time and building momentum.
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25 January 2025 | 11 replies
Would love to hear your experiences.
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17 January 2025 | 19 replies
I didn't end up doing the course but I had a very different selling experience from Wendy.
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12 February 2025 | 17 replies
- Given your experience level, without an inspection, I'd turn around and walk away.
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23 January 2025 | 7 replies
For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.
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31 January 2025 | 17 replies
Unfortunately cap ex usually catches up to them and the appraised value rarely translates to a similar sale experience and all along the property has merely been a highly levered property.
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18 January 2025 | 2 replies
Right now, I am not as interested in investing as I am in helping another investor in order to get some hands-on experience while my wife and I save a little bit more money.