If they are paying out 5% rates to their customers to relend out they usually need at least 150 spread to make any money.CMBS and LIfe Insurance can be lower on the interest rates but you can get yield maintenance or defeasance which is very expensive if you want to break the loan early.

This is very helpful and I would definitely be interested in learning more as I navigate this journey.

Ive had my license for 6 months now an i just wanted to know how to navigate a market like this with very high prices.

it seems like the potential buyer might want to have you put in some spec items that you normally do not offer to customers. 

US Prime Rate is used by consumers – it is the rate at which banks lend to their best customers."

I probably won't book any place that does not have instant booking turned on in the future.If I am not mistaken, instant book is a search criteria on one of the platforms, and if you are not doing that, then your pool of potential customers is smaller by some degree.  

I literally get a Christmas card from my Plumber - which tells me we are one of their bigger customers. 

That's why I'm currently training new staff to ensure we can always deliver properties with the required quality standard and efficiency.By the way, do you think it would be interesting to offer some basic customizations, like themed paper products or towels, during specific holiday months? 

I used a faucet as an example because that is an item that normally breaks down first and often observe customers walking down the fixture aisle at HD or Lowes looking for the least expensive option, whereas purchasing inexpensive tile or other cosmetic items won't necessarily cause maintenance issues although I would argue will cost you revenue (more on this below). 

Here are some practical strategies to help you navigate the process.Start by understanding the local real estate market.