
29 July 2024 | 15 replies
You are going to loose out on a lot of income by doing this .If your cleaner cannot complete a same day turn - time for a new cleaner You would if you were running a 53 acre ranch in Texas with significant additional logistical requirements and maintenance needs (both expected and unexpected) beyond what an average short term rental requires.

29 July 2024 | 37 replies
I would do it again. 2 of my STRs are in a market that the average STR purchase has not had positive cash flow in many years if using PM.

28 July 2024 | 0 replies
This resulted in a slight uptick in vacant stock to 5,626,000 square feet.Employment growth in Los Angeles was modest at 0.3%, slightly below the national average.

29 July 2024 | 12 replies
Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median home value is not even in the top 3.

28 July 2024 | 2 replies
I'm considering purchasing a property in a city where the average household income is around $50k per year, and houses are selling for $250k to $300k.

28 July 2024 | 6 replies
The original plan was to be 100% commission, based on metrics like net profit after the flip is sold, size ($) of the remodel, finishing on-time and under-budget, etc.Meeting our average profit per flip and doing 24 / year, our PM has the potential to make around $72,000 / year.

31 July 2024 | 40 replies
I have an STR in Kissimmee FL (Disney) that is about 90% occupied while the AirDNA average for that area is 55%.

29 July 2024 | 17 replies
San Diego is expensive to Purchase, maintenance and cap ex is expensive, property tax at purchase is expensive in terms of dollars (average SFH prop tax at purchase is ~$1k/month in San Diego), new retail (MLS) purchases are negative cash flow when allocating properly for expenses, it is tenant friendly in terms of regulations but this is largely due to the big advantages LL have due to crazy low vacancy rates.

29 July 2024 | 21 replies
In our market we have an average number of sunny days.

27 July 2024 | 2 replies
I like the Nevada market because it checks all the boxes and has above average appreciation.