Although my cost of capital was cheap (2.5% 30yr fixed), the increased STR supply resulted in a more hands-on approach by me (better marketing, improving the quality of my check-in hose, services, etc) and this wasn't turning out to be as 'passive' as I would have liked (I've been managing my own LTRs for close to a decade, so perhaps I'm spoiled).

I’d love to hear how you approached your analysis and secured financing.Thanks!

I have had a hard time getting any motivated sellers on my list to even approach and thinking about spending money to get one of these lists.

This approach can significantly boost wealth-building potential.Good luck!

-Statistically, it's a significantly better approach than zip codes and we assist with block-by-block evaluations when necessary.

Our approach is investor-focused, ensuring that each build not only meets but exceeds market demands in terms of both quality and potential returns.I'm curious—how have you found the transition to handling all three aspects of development?

Doesn't mean the owners are out of the woods, so I plan on trying to approach and see if there can't be some sort of deal there after all.

Many tenants are willing to pay extra for convenience, which could give you additional cash flow without a full rent hike.Reassess Your Portfolio→ If one or more properties have become too burdensome with high expenses, it may be worth considering whether selling and reinvesting in a different market or property type makes sense for your overall portfolio.While raising rents is the most straightforward approach, these alternative strategies can help reduce costs and increase revenue without disrupting tenant relations.If you need help assessing the numbers or exploring financing options to lower your monthly expenses, feel free to reach out → I’d be happy to help!

We’ve had great success with our listings, regularly achieving 5x the market average ADR on Airbnb and receiving frequent offers from local realtors to purchase.We’re now considering scaling up with a new project and have been approached by a friend who’s interested in partnering with us, providing financing for renovations.

At least that's the practical approach.