Nightpricer is dynamic pricing software created by vacation rental managers to save time and find the nightly pricing “sweet spot” that maximizes revenue and occupancy.

The 250k+ loan amount is usually a sweet spot in pricing. cheers! 

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

I went over to check and they were leaving their sweets like cakes on the counter.

-Legal Protection: A real estate attorney should draft the seller financing agreement to make sure your interests are protected.Final ThoughtsThis might be a pretty awesome first project if you can work out some sort of low-down, seller-financed deal with sweet terms.

Just curious if you find it makes a difference updating your photos on a somewhat regular basis or tend to leave the STR photos the same once you have somewhat found a sweet spot?

Every market is different when it comes to brokerage services and as I stated no one is forcing you.. commish is negotiable its up to you to find the sweet spot between service and fee paid..  

Research each location’s “sweet spot” in terms of bedroom count, amenities, and guest demand.3.

If you're a wholesaler, dont risk your deposit, and don't waste our time (unless you have a sweet off market deal!)

Northern VA is such a great place to invest right now, a great sweet spot in value add properties + availability.