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22 August 2024 | 11 replies
I would prefer using Pricelabs over Airdna so you can see where your competition sits near you.
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21 August 2024 | 22 replies
I am interested in knowing how it went and if the auction was heated or not (competitive).
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21 August 2024 | 9 replies
Doesn't mean you're doing the work forever but it gives you a competitive edge when looking for distressed deals.
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21 August 2024 | 9 replies
The competition there can drive prices up, making it harder to find properties with good BRRRR or flip potential.
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20 August 2024 | 3 replies
One was because of poor management and the other because the property needed major renovations to be competitive in the area.
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20 August 2024 | 11 replies
You still have a month but I do think MTRs in markets with a lot of competition can be a bit harder to get bookings on before you have reviews.
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20 August 2024 | 8 replies
The market is slower and less competitive so for buying is great during the holidays so listing to sell in the fall works.
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20 August 2024 | 16 replies
It may help if we knew what market this is in.General advice is the market is competitive everywhere, so do not skimp out on furniture/upgrades/amenities/photos etc
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19 August 2024 | 7 replies
@Chris Elliott you use the photo button on the bottom of the post section.
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22 August 2024 | 16 replies
You diligence needs to be trying to pull out if your operator has some competitive advantage that will let them eke out marginally more returns for you, to more than offset the additional fees you are incurring.Of course, with a 1031, the analysis is slightly harder, because you have to factor in the tax savings you are getting through your 1031, relative to taking sale proceeds as taxable and investing in a group that may have lower fees.