It’s experienced significant growth, particularly with tech giants like Intel, Meta, Amazon, and Google establishing operations, which has driven up property values and created new job opportunities.

I use competitor pricing as guide posts but since I've been operating for several years, I look at historical, year over year data for my own place and raise it a bit.

This tenant operates a resale business and is currently renting a single unit on the ground floor.

Would I need to re-write the operating agreement if it was not previously used for real estate?

I.e. if you are great with numbers and an excel wizard, you could likely seek out a "deal" guy, who loves networking and hunting for properties, but doesn't really understand how to translate operations into financial models.

Those sites are a good starting point, but I wouldn't underwrite anything solely based off those estimates.I would suggest Enemy method - Same bed/baths, Amenities offered are step one, but speak to other operators that have similar properties/amenities and compare numbers with them (That is true data not estimates)How well are you marketing and providing guest experience?

Hello, I have been investing in real estate for about 3 years and have always just purchased off of the MLS I am now wanting to branch out and try to get organic leads.

While I’ve never done a project like this before, it’s something I’d love to take on—or at least organize and bring in the right experts to see it through.I estimate it would require around a $2M investment to build 5 houses on the lot, with each home valued roughly at $600K.

Chances are they are a better operator than the turn key providers and are developing better assets but this is something to consider down the line.

Last year we looked at 515 operators and deals and only invested in 11.