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4 September 2024 | 14 replies
This bodes well for all current STR operators in the region, as well as hopeful investors moving forward.
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6 September 2024 | 13 replies
Key data points like occupancy rates, ADR trends, and regulatory risks are crucial for investors, and offering a breakdown of operational costs would aid in calculating net income more accurately.
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4 September 2024 | 7 replies
3) Internal vs External (In-house service teams vs Outsourcing: AM, PM, IR, Back office, Operations)4) Does the Sponsor prefer a single market?
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5 September 2024 | 17 replies
This doesn't mean I don't take on riskier opportunities necessarily, I just find comfort in having a compounding engine as a bulk of my portfolio so that I am always operating positive.I am completely new to real estate investing and would love to find like-minded people to connect with.
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8 September 2024 | 101 replies
In the D/F I have pretty much just heard horror stories of the properties going negative except for a select few operators who often have their own management company and really know how to operate profitably.
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5 September 2024 | 8 replies
The book introduces the Entrepreneurial Operating System (EOS), a framework designed to help businesses clarify, simplify, and achieve their vision.We use it for vision alignment, goal setting, & accountability.
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7 September 2024 | 11 replies
As an unlicensed builder your GL will not cover completed operations.
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5 September 2024 | 13 replies
A Business License is required to operate a short-term rental"That (from the SLC planning site) pretty much says it all.
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4 September 2024 | 13 replies
I basically group the business into 2 segments, administrative tasks (pricing, marketing, guest communications) and field tasks (cleaning/maintenance).Part of being a successful operator of anything, you have to know your strengths and weaknesses.
2 September 2024 | 8 replies
Because my son is also super involved with our properties, I wanted a seamless interface for him to be able to use.