You also need to have project management skills to keep the project on target.

Hello! I am new to the real estate investment game. This is going to be my first property I am purchasing and I am looking to house hack by buying a multi-family with 5% down. With the rates the way they are and in my...

If it's in a private neighborhood then maintenance can be lower, but the problem is few of those properties do enough gross revenue to make them management targets.

Our closest competitor in Smithfield has achieved an ADR of $140 and RevPAR of $105 in 2022 and 2023, leading us to believe that a new mid-scale extended-stay property can achieve similar numbers.We welcome any insights from those in the hospitality industry on any aspect of this project.

- Set clear, specific, and achievable goals.2.

Looking mainly Class C or Class B properties - professional, students, small family renters target.

YoY is flat.Rentals - Months of SupplyOnly about 0.7 months of supply for our target rental property profile.

But depending on your property and the tenants you're targeting, certain marketing strategies will work best.Let us know specific questions you have and I'll share anything I know!

Perhaps a 5% bonus for meeting the target list date.

Target is SFH <3 bed 2 bath>.