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Results (10,000+)
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%.
Shawn Sopic Laundry room conversion
4 March 2024 | 7 replies
You can install those floating shelves to maximize space which also people to put their detergent and cleaning supplies.
Kapil Kandel Hire one contractor or multiple?
3 March 2024 | 2 replies
List of things to fix:Clean house, Carpet replacement, Floor patch up, Interior Painting, Bathtub recaulk, water heater replacement, leak check, small dry wall cut and restore, Roof fascia repairThank you.
Andy S. Renter Insurance Mandated By Landlord - What Coverage landlord must mandate?
3 March 2024 | 7 replies
A bad tenant can easily allow their dog to cause thousands in damages, from torn screens to scratched doors to soiled carpets.
Joel Scarboro Nonpro Cost Seg?
4 March 2024 | 13 replies
Carpets and floating laminate can be deducted at once.
Gurjot Grewal Got a quote for maintenance work, am I being overcharged?
3 March 2024 | 10 replies
-Gutters cleaning: $350 -fix broken downspout: $300 -fix loose siding: $250 -carbon monoxide detector: $125-bath silicone: $100 -deck boards: 3-4 are bad need to be replaced What does everyone think.
Alex Fenske Bookkeeping when managing 3+ flips at a time?
4 March 2024 | 8 replies
@Jake Baker right, if you have clean accurate books this is it, but may also lower you CPA fees. 
Dylan Tiernan Real Estate Strategy-Where to go
4 March 2024 | 8 replies
Clean up the trailer.  
David Santana Need Help with a H.E.L.O.C.
4 March 2024 | 11 replies
The Condo base on the last Title Study done in March 2019 is worth 150k the title is clean (it means it does not own any money) but because of the situation can get the private banks open a line of credit.