Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Denise Holder I want this condemned/chapter 13 house
5 March 2024 | 2 replies
I can clean up and do the smaller jobs myself.
Rodney Love Which real estate strategy works best to escape the 9-5 rat race?
9 March 2024 | 89 replies
Quote from @Glen Wiley:and for some people going from punching a keyboard and sipping Starbucks, to changing dirty sheets, cleaning other people's toilets, and putting up with all the customer service craziness is not as fun as it looks on TV.
Alan Y. Tenants Yearly Lease expiring.. was supposed to stay longer but will now leave at end
5 March 2024 | 2 replies
Tenants were great, paid the year in advance, clean, nice.
Karalyn Duncan How do i gain the capital to do fix and flips
6 March 2024 | 16 replies
Just to give you an Idea on some numbers , I am doing a 2100 sq ft house , class A neighborhood ,  clean out , removing some walls to go open floor plan , minor electric , some mid level replumbing , full custom paint , new kitchen , new bathrooms ( 2.5 ) , new windows , refinish hardwood upstairs , Vinyl plank downstairs . 
Chris Laino House Flipping Scope of Work
5 March 2024 | 11 replies
.- Kitchen faucet: A single hole bar and prep faucet (high U-shaped faucet with end that is also a sprayer).We pEXTERIOR:- Trashout / Clean-up yard- Landscape, seed lawn- ?
Jon Martin Do guests even use dressers?
5 March 2024 | 27 replies
Sometimes they are older, but clean up just fine.Also, our guests seem to use them pretty regularly.
Scott E. I started a short term rental property management company
5 March 2024 | 16 replies
Got educated on all the latest softwares, management systems, and automation programs (dynamic pricing, automating cleaning, automating messaging, etc). 3.
Jeramey Rogers Ocean City, MD - STR investment
6 March 2024 | 35 replies
That GRI does include income for cleaning, taxes etc. though normally, which is really pass through expenses for the most part.
Andrés Aguilar Interested in Out-of-State Investing in Oklahoma City
6 March 2024 | 18 replies
They did the design work, ordering, set up, approval with the city and manage the day to day operations with guests and cleaning etc.
Emily Anderson Full STR analysis in Okaloosa Island, Florida, WITHOUT using AirDNA.
4 March 2024 | 18 replies
Instead, this rise is influenced by certain listings being unavailable during this period, along with higher prices set by some high-end listings to offset lower demand.Now, let’s examine the variation in cleaning fees per day of booking across the year, applying the same filters as in the previous case.Here are some observations:In contrast to the average daily rate, the cleaning fee per day of booking remains consistent throughout the year.The average value for our subarea in Okaloosa Island (represented by blue dots on the map) stands at $20.6 per day of booking.Financial Case Study: Analyzing the Performance of a Short-Term Rental in Okaloosa Island, FloridaIn this section of our analysis, we are going to conduct a financial case study to understand the expected performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Santa Rosa Blvd., in Okaloosa Island.Here is a summary of our findings from the previous sections:There are two demand hotspots for short-term rentals in Okaloosa Island, with the one located at the southwest of Santa Rosa Blvd exhibiting a higher occupancy rate (69.6%) and a higher average daily rate ($306).The top-performing listings in this area typically feature 2 bedrooms and 2 bathrooms, with 5 out of 8 listings having these exact characteristics.We have analyzed a chart containing the top 100 most common amenities for top-performing listings with 2 bedrooms and 2 bathrooms.The high season extends from March to the end of November, with May and July being the peak months.The average daily rate for a 2-bedroom / 2-bathroom unit in this area throughout the year is $306, with an average daily cleaning fee of $20.Now, assuming we have located in the for-sale market a 2-bedroom / 2-bathroom unit meeting all our criteria, our objective is to run a financial case study to estimate cash-on-cash returns and other relevant parameters.The chart below presents all the inputs for our financial case study:Some observations:We anticipate receiving 40 reviews within a 12-month period, which is a conservative estimate based on our previous analysis.The bookings to review rate has been established at 85%.