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22 September 2024 | 1 reply
AirDNA (I always check multiple places) says this property could make a $500 average daily rate (ADR), with 65% occupancy as a basis.I pulled up the new BiggerPockets STR calculator spreadsheet and realized this might be a winner.After entering all of my research numbers, it shows a potential CoC of 12.49%, a monthly profit of $14,385, and expenses of $12,442 (even with a 15% management fee).
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25 September 2024 | 96 replies
I really dont want to spend days in the courthouse looking through the files.Probates Daily was so awesome.
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23 September 2024 | 19 replies
It is when you provide hotel-like services to your guests, such as daily maid service, meals or entertainment.
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9 October 2024 | 312 replies
I don't need you to explain anything to me and by the looks of your reading comprehension ability, I don't doubt that many things need to be explained to you in your daily life.
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22 September 2024 | 41 replies
The Enemy Method for Estimating Airbnb IncomeTo apply the Enemy Method, an investor needs to find a dozen similar short-term rentals, analyze their daily rates, estimate the occupancy rate, and calculate the Airbnb income
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23 September 2024 | 25 replies
The only way to effectively determine this is by driving neighborhoods, walking properties & observing the daily routines of those who live there.
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20 September 2024 | 11 replies
Good luck with it.A couple thoughts on your situation:-- When I'm looking at AirDNA for our Colorado STR investors, I don't care about occupancy and daily rates for STRs as much as gross revenue.
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20 September 2024 | 7 replies
I watch the market daily and have yet to see any numbers that make sense unless you are paying cash or getting an off market deal.
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20 September 2024 | 7 replies
If your goal is to create cashflow that you can use for daily expenses, that's another path.We need to know where you are now and where you want to go.
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19 September 2024 | 7 replies
Having a Facebook page is also essential, and it needs to be tending to daily, like a garden.