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9 January 2025 | 8 replies
Sure, you could be fully occupied today, but if you’ve got a week of downtime between tenants, your yearly occupancy for that unit is actually 98%, not 100%.That being said, I know there is a sweet spot for LTR and STR and I assume there's a sweet spot for MTR.
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14 January 2025 | 25 replies
This approach avoids downtime and lets you start earning right away.Future Bookings:Taking over bookings can get tricky since Airbnb doesn’t allow direct transfers between accounts.
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24 December 2024 | 1 reply
Yes, even during the festive season, the real estate world doesn’t take a break.Let me share two stories that drive home the importance of acting quickly in this business.The $40k Christmas Miracle: A few Christmas mornings ago, one of our rockstar team members, was enjoying some holiday downtime with his family.
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22 January 2025 | 56 replies
Solving the great mysteries of life, for all of us, generally requires time and bandwidth, resources unavailable if you're spending all your down time looking for the next off-market deal.
24 December 2024 | 2 replies
Remember, turnover is one of your most expensive costs, so try to eliminate downtime and repair costs by doing it right the first time.What are your tricks when it comes to renovating or maintaining rental property bathrooms?
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18 December 2024 | 13 replies
It's not a real common concept here in DFW area, but I love it.Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1.
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19 December 2024 | 8 replies
In Nancy’s model of a Kallimos Community (https://kallimos.com/), caregivers are able to manage multiple clients without down-time spent traveling.
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2 January 2025 | 50 replies
I fired my pm who got me by purchasing the pm i had hired and lost my 1000s of reviews during covid lock downs (so 2020 and 2021 were covid impacted). 2022 had a down time that affected the year. 2023 and 2024 the entire off season was worse than before covid.
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9 December 2024 | 7 replies
So if you are going to be a host that outperforms your competitors and want to get fabulous reviews, there isn’t complete down time if you are self managing at the highest level.
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3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."