Emily Anderson
Full STR analysis in Okaloosa Island, Florida, WITHOUT using AirDNA.
4 March 2024 | 18 replies
This is a snippet from an article written by Onera Group.Short-Term Rental Analysis in Okaloosa Island, FloridaThe base of our short-term rental analysis is outlined below:First, we will identify areas in Okaloosa Island that consistently experience high demand for short-term rentals year-round.Next, we will narrow our analysis down to a specific subarea, considering factors like occupancy rates, average stay, daily rates, and annual bookings, among others.Then, we will identify the precise characteristics of top-performing listings in this subarea, including property type, number of bedrooms, bathrooms, key amenities that drive demand, among others.Next, we will reveal how top-performing hosts in this area adjust their daily rates throughout the year, capitalizing on the seasonal trends in the short-term rental market.Finally, we will conduct a financial case study to determine the expected net annual return of a listing available in the for-sale market within that specific area in Okaloosa Island.Analyzing High-Demand Locations for Short-Term Rentals in Okaloosa Island, FloridaThe first stage of our analysis involves finding areas with high demand for vacation rentals on Okaloosa island.
Kareena Sharma
Duplex vs RE syndication investment
2 March 2024 | 43 replies
I like when newbie "trust" someone in the world promising 'em 43k in two years without lifting finger.this is the precisely why people losing money very fast.
Dee Ambler
Sell primary residence or Keep as Rental
1 March 2024 | 19 replies
Even during the crazy pandemic year that saw other markets go up 15%, DC was steady at just above its average at 7% 4.99% is quite precise.
Olu Oguntoyinbo
Houston short term rentals
29 February 2024 | 9 replies
There are many neighborhoods in Houston that score in the 70s and up on AirDNA, so it is a good market, but you need to be precise about where you're looking.2 - the submarkets within houston that perform well for STR are nowhere near your price point. continue saving or choose a cheaper market. you're looking at the fourth largest city in the US, and the biggest city in the most moved-to state in the union.
Jesse Turner
What Do You Use to Estimate ROI on a Specific Amenity?
28 February 2024 | 14 replies
It might not be as precise as your method, but it could give you a good starting point without the data headache.
Babu Ramadoss
How much does painting a 1100 sq ft house cost?
26 February 2024 | 29 replies
Both drywall and paint are very easy in theory/concept, but hard to get right if you don't have precise knowledge of the techniques.
Andreas Mueller
A Skeptical Dude's Market Insights - No Job, No Problem Loans Making a Comeback??
23 February 2024 | 4 replies
When times seem good, that is precisely the time to be prudent.
Jeremy Porter
Mastering Real Estate Investing: A Comprehensive Guide to the BRRRR Strategy
22 February 2024 | 1 reply
Delve into the intricate details of these deals to gain valuable insights and inspiration for your own real estate investment journey.The BRRRR strategy is a potent and effective tool in your real estate investment arsenal when executed with precision and expertise.
John Lee
New Member Introduction
21 February 2024 | 7 replies
Establish connections with real estate brokers that focus on investment properties.Funding: Explore various funding options, such as partnerships, hard money lenders, private lenders, and conventional mortgages.Make use of your experience in building to precisely estimate repair costs and provide prospective lenders with well-prepared project proposals.Look into any grants or incentives that may be available to real estate investors on a local and federal level.Create a concise business strategy that outlines your objectives, both short- and long-term, target properties, and investment tactics.Remember, each real estate market is unique, so adapt your strategies based on your local conditions.