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6 September 2024 | 13 replies
.- Detailed City Stats: Includes ADR (Average Daily Rate), OCC (Occupancy Rate), and revenue by bedroom count across different zip codes, top performers for that zip and what luxury properties are earning.- Target Guest Persona: Developed based on guest traffic and behaviors, two most common guest types that travel to this market and what their likes and dislikes are.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions!
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5 September 2024 | 2 replies
They have built in so much margin on the fed rate right now to compensate for daily movement.
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5 September 2024 | 12 replies
Operators of very small homes are taking home strong 6-figure incomes.It's essentially recession-proof as the supply of aging baby boom seniors needing care will be in place for the foreseeable future.Residents of an ALF are generally in need of assistance with "Activities of Daily Living", called ADL.
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2 September 2024 | 12 replies
So I would tell you that 2-5 rentals is a piece of cake to manage - even if working full time (we kept 2 corporate jobs until we were up to 20 rental units.)The other thing I would tell you is that there are MAJOR control differences between being a limited partner in a syndication - where you are more akin to a passenger on the bus which is your investment, versus full control of everything when managing your own rentals.
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1 September 2024 | 2 replies
(I have not signed and returned a copy to the tenants) Within the past week or so while renovating the vacant unit, Ive noticed an unusually high amount of activity pertaining to one of the occupied units i.e. vehicles stopping at the property for short periods of time, the tenant leaving as a passenger in a vehicle, then returing on foot, different people coming and going on foot.
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4 September 2024 | 3 replies
For outbound, you’ll need to get lists of addresses and tons of data from platforms that pull county records on a daily basis like bathleads and propstream so you can filter those records more easily by potential motivation indicators like foreclosure, eviction, probate, etc.
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3 September 2024 | 23 replies
But tiny things like visiting your own listing daily and making changes to it, tells the algorithm, "This host is an active host."
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4 September 2024 | 10 replies
They should be able to give you a rough idea of an interest rate (of course interest rates change daily) based on estimated credit score, purchase price, down payment amount, location, loan type, property type, etc.
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5 September 2024 | 13 replies
I enjoyed what I did building cool bridges and hotels, but I was not too fond of the daily in and our grind.Jumping ship has brought bigger challenges, but I am happier tackling them with people I love working with.With respect to real estate & being a landlord, it's honestly something I do NOT ENJOY that much either (dealing with HOAs, repairs, vacancy, etc.)...unless you can buy properties and completely offload the property management, which was and is hard for me to do with my scarcity mindset.
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3 September 2024 | 6 replies
I would be as transparent as possible, including occupancy percentages, average daily rate, etc.