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20 January 2025 | 8 replies
However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.
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3 February 2025 | 79 replies
For high interest mortgages, usually break even or negative.
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25 January 2025 | 32 replies
I do have a fairly high percentage of my net worth (35%) in the PPR fund.
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27 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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3 February 2025 | 6 replies
Fees seem high but could potentially be worth it.
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1 February 2025 | 30 replies
Ironically, high income earners can make more passive income through tax mitigation than they can through buying high cash flow deals in nearly every situation.
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4 February 2025 | 6 replies
I think its a scary feeling, like the cost of entry is too high.
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6 February 2025 | 42 replies
STRs work best in tourist-heavy areas with high demand, while LTRs perform well in markets with stable economies and diverse job opportunities.
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3 February 2025 | 15 replies
Not fully rented, but in a highly desirable location?
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3 February 2025 | 0 replies
The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.