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6 March 2024 | 2 replies
“In 2020, a household earning $59,000 annually could comfortably afford the monthly mortgage on a typical U.S. home, spending no more than 30% of its income with a 10% down payment.
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5 March 2024 | 43 replies
Now one year later at an annual inspection the mold is almost the way it was in the beginning!
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5 March 2024 | 9 replies
AirDNA is not perfect - but neither is going through individual listings and trying to guess what days are real rentals vs blocked, etc I pay for AirDNA and when I compare my properties annual revenue with what AirDNA says I do - it is pretty much spot on.
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5 March 2024 | 15 replies
McCaw does perform annual inspections with full reports with photos on all the rentals the manage.
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4 March 2024 | 4 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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4 March 2024 | 18 replies
This is a snippet from an article written by Onera Group.Short-Term Rental Analysis in Okaloosa Island, FloridaThe base of our short-term rental analysis is outlined below:First, we will identify areas in Okaloosa Island that consistently experience high demand for short-term rentals year-round.Next, we will narrow our analysis down to a specific subarea, considering factors like occupancy rates, average stay, daily rates, and annual bookings, among others.Then, we will identify the precise characteristics of top-performing listings in this subarea, including property type, number of bedrooms, bathrooms, key amenities that drive demand, among others.Next, we will reveal how top-performing hosts in this area adjust their daily rates throughout the year, capitalizing on the seasonal trends in the short-term rental market.Finally, we will conduct a financial case study to determine the expected net annual return of a listing available in the for-sale market within that specific area in Okaloosa Island.Analyzing High-Demand Locations for Short-Term Rentals in Okaloosa Island, FloridaThe first stage of our analysis involves finding areas with high demand for vacation rentals on Okaloosa island.
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5 March 2024 | 7 replies
Annual cost per door is around 20 min if that (total per year per door).
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4 March 2024 | 8 replies
Too many in our profession focus on annual tax prep vs proactive, concierge type services that actively reduce their clients’ tax bills.
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4 March 2024 | 11 replies
We divide gross annual STR revenue by purchase price.
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4 March 2024 | 11 replies
If SFH appreciate 5% annually, do TH generally keep up @5% too?