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10 September 2024 | 10 replies
Although I don't personally like the trends, they were supported the City of BBL's October Compliance & Occupancy Data, which provided the following:1 - The occupancy rate for October was 38%, which compares to 55% prior year; 2 - Average nightly revenue dropped by 36% on a year-over-year basis; and3 - Demand decreased by 22% on a year-over-year basis, while SUPPLY ALSO INCREASED by 13%!
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11 September 2024 | 3 replies
These neighborhoods are usually less risky than C Class areas, but showing solid comps, market trends, and your plan for value-add improvements will boost lender confidence.If you need any help with financing options, structuring deals, or putting together proposals, feel free to reach out→ I'd be happy to assist!
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10 September 2024 | 3 replies
We also pull a list of rental comps to determine the trend in what our competition is doing.
6 September 2024 | 1 reply
What are the best websites that monitor trends in populations and real estate for USA?
10 September 2024 | 0 replies
I’m thrilled to be a part of this wonderful community of investors.Whether you’re looking for insights into the commercial market, need advice on your next investment, or simply want to discuss trends over a coffee, I’m here to help.
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13 September 2024 | 11 replies
Hope this helps everyone.Proper InsuranceProper Insurance is a leader in the vacation rental insurance space, offering policies in all 50 states.SafelySafely provides dedicated vacation rental insurance with additional services like guest and home background checks.CBIZCBIZ is known for its comprehensive vacation rental insurance solutions for both everyday hosts and larger-scale property managers.Rental GuardianRental Guardian offers flexible plans tailored to hosts' budgets, including options for international properties.InsuraGuestInsuraGuest provides specialized coverage for vacation rental properties, including accidental in-room property damage and theft protection.Red Sky Travel InsuranceRed Sky offers insurance products specifically designed for managed vacation rental companies, with packages tailored to different destination types.
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11 September 2024 | 22 replies
Our focus has been on creating high-quality, cash-flowing properties designed for investors looking for solid returns.While we primarily concentrate on vertical development, we’ve also started exploring horizontal development in certain projects as we continue to expand our footprint.
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11 September 2024 | 20 replies
I advise clients not to solely rely on AirDNA data for performance analysis as there can be some variation based on amenities such as hot tubs, premium decor and design and general operational excellence.
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12 September 2024 | 23 replies
I have a couple problems with this trend:1.
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11 September 2024 | 7 replies
I'm not exactly sure what you have in mind, but I know hosts keeping up with the current trends seem to have a plan in place for their seasonal STR.