8 June 2024 | 40 replies
The property usually averages about $400,000/year in bookings.

6 June 2024 | 2 replies
I have good personal credit (~730-740), average-high personal debt (mortgage, student loans, vehicles,) and I am employed making $90k/year.
6 June 2024 | 3 replies
As Jaron mentioned above, average homes aren't performing well and the unique, experiential homes are hitting and exceeding revenue targets.

8 June 2024 | 37 replies
Even tough our prices are lower, BRRRR's have gone negative equity (most anyway, on average) 3 years ago, because the market does not allow for enough discount to match condition.

6 June 2024 | 3 replies
If you have liquid reserves - say $10k +, and IF the property is in good, not average, not fair, but GOOD condition, and the property is not in a “war zone” and not in a declining area, and the property is not in a city where it is or can be subject to rent control, then you might have negotiated the deal most investors strive for but seldom achieve.

6 June 2024 | 19 replies
@Michael Plaks has a great post on this topic.2 - Assess the value of those tax deductions to you: The value of a deduction depends on (a) whether you're actually able to use it to reduce taxable income and (b) your marginal tax rate.As an STR, assuming the average rental period is 7 days or less, key items to consider are: (a) material participation and (b) avoidance of "excessive" personal use.

5 June 2024 | 116 replies
I used the average appreciation recognizing the average will have some above and below the average.

6 June 2024 | 6 replies
Real estate investing is a forgiving world; the average person can still make money even with some big mistakes.

5 June 2024 | 16 replies
What is the average spread (difference between what you are charging your guests and paying your cleaner) for your turns?

5 June 2024 | 24 replies
ROI last year was nearly zero and its maybe averaged 3% over the last few years.