A good manager can improve performance for a mediocre investment; a bad manager will kill a good investment.

Certain amenities can drive bookings (e.g. having a hot tub) but don't necessarily improve guest satisfaction.  

Next year will be even better with improvement that are constantly getting made as this is not a set it and forget it business. 

•Exterior: Landscaping improvements, including tree trimming and shrub removal.

Over time, rents and property values tend to increase, improving overall returns.

For improvements to our process, I’ll say yes to all showings and update and reduce the # photos. 

If you know how to make rates of return higher than that, I would say it is better to invest the money than pay down your mortgage early.If you don't know how to do that, then either pay down your mortgage or learn how to improve your investment returns.

For multifamily deals, positive cash flow often comes from finding under-market rents where you can add value through light improvements or operational efficiencies.

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.

., through streamlined property management, lower maintenance costs, and improved operational systems), we’ll have the flexibility to adjust rents strategically in a way that supports affordability for specific tenant groups, like workforce housing.Generating Income Beyond Rent:The portfolio’s income isn’t solely reliant on rents.