
2 October 2024 | 13 replies
When rents and occupancy vary as seasons change, how do you average that out to enter it in the calculator?

3 October 2024 | 3 replies
TIARV Park AND Self Storage~4 acres, commercial for $120K (google maps link)Pros: In city, city water & sewer nearby, city allows both rv park AND self storage in Commercial zone, ~$50K worth of timber on propertyCons: Neighbors nearby, traffic visibility not as good here, land needs to be logged/cleaned up - not a big deal reallySelf storage constructed probably out of shipping containers~3 acres, industrial for $135K (google maps link)Pros: clear flat land, higher traffic count between the coast and I5, seller will carry loanCons: zoning does not allow for RV Park, city services unavailable

3 October 2024 | 2 replies
You are in the right place to learn about the industry!

6 October 2024 | 26 replies
What is the nightly rates average (base that on the size of place you are thinking of getting), what kind of amenities?
3 October 2024 | 1 reply
Relationships are key in this industry.4.Analyze Markets: Whether it’s your local area or out-of-state, study the market’s potential for growth, rentability, and appreciation.5.Take Action: You don’t need to know everything to get started.

2 October 2024 | 7 replies
I've always been a bit of a "job hopper" and have worked in several different industries over the years (eg. healthcare, insurance, bartending, audio engineering, project management, adult corrections, and other security work).

4 October 2024 | 15 replies
As you can imagine the recent exits have lower average IRRs than the ones before, but did outperform proforma.We do have to agree with the comments on this string that our earlier exits did benefit from the 'all ships rising' effect.

3 October 2024 | 6 replies
You pay 10% + taxes so that money needs to make 20%+ to even catch up to what it will average in the markets. $100k equity probably doesn’t give you much to borrower either from a ltv standpoint.

4 October 2024 | 8 replies
There is no way I can bundle the entire cleaning fee into the nightly rate, as my average stays are 3 or 4 days.

2 October 2024 | 8 replies
The bill used to be averaging 500 bucks every 3 months.