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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
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23 January 2025 | 15 replies
@Jason Wray, The reason that our shop is pretty hot about your post is two-fold, we do all of the things that you are implying that we don't (other than government loans, we don't work in that space).
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24 January 2025 | 2 replies
Gave the other tenants a smaller 250 increase and fixed up attic space to rent as storage.
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29 January 2025 | 15 replies
It sounds like you’re in a great position to succeed, given your extensive renovation expertise.As a fellow real estate investor, I completely understand how challenging it can be to choose the right design elements, especially when you want to make a space appealing to potential buyers.
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28 January 2025 | 14 replies
So she took that extra space, added a wall and a hidden door and poof!
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24 February 2025 | 72 replies
Space Coast of FL and I use AirBnb and VRBO.
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27 January 2025 | 29 replies
( i have owned 3 brokerages over the years and will stand behind those numbers).in the RE training space my thoughts are :5 to 10% of folks that pay for training do anything with it.
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24 February 2025 | 25 replies
In 2024 I added a half bathroom our of existing space in a high cost area (over $2k/ft).
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27 January 2025 | 8 replies
If you are making modifications to the heating and air conditioning space of the property it is usually wise to pull a permit.
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27 January 2025 | 7 replies
I'd bet that this note is worth more to you than to most buyers until the note is much lower LTV, but I'm a novice in this space.