25 July 2024 | 3 replies
After spending months deciding weather or not to go with Flipsystem.
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26 July 2024 | 25 replies
This is extremely troublesome during the hard Colorado winter weather.
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25 July 2024 | 10 replies
We live and invest in Phoenix AZ so we don't want Vegas due to the extreme weather like Phoenix.
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25 July 2024 | 5 replies
And in the STR game, reviews are pretty much everything.Assuming you have the hot tub up and running smoothly though, I'd also take some time to focus on what cold weather amenities you can offer to guests to entice them to visit during the colder months when ADR's drop and occupancy falls off a cliff.
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24 July 2024 | 9 replies
I'm biased towards the spring, but fall is pretty spectacular weather-wise.
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24 July 2024 | 30 replies
Arizona (Phoenix, Tucson): Hot weather, hot market.
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23 July 2024 | 27 replies
I'm seeing some new builds happening there and I'm wondering how much appreciation upside people are forecasting in that area.
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22 July 2024 | 0 replies
Occupancy rates remained robust at 74.1%, outperforming the national average by 0.9 percentage points.Asking and Effective Rent (ADR and RevPAR)ADR for all tiers is projected to grow steadily over the next few years:- 2024: $193- 2025: $197- 2026: $200- 2027: $204- 2028: $209RevPAR is also expected to show consistent growth:- 2024: $155- 2025: $160- 2026: $163- 2027: $166- 2028: $169Upper-tier properties command a significant premium, with ADR forecast to be $233 in 2024, compared to $122 for lower-tier properties.
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24 July 2024 | 31 replies
Im not an expert in TX or LV but I am in a hot weather climate FL and I would 100% say pool will appeal to more people and your ROI will be better on the expenditure.
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22 July 2024 | 3 replies
Just to give you an example of the type of thing you'd be potentially looking out for, if the community has a pool terrace planned and it's orientation in the new building would face directly towards your property, that could be a source of significant noise and disturbance for you/your tenants, and could make it much harder to sell your property once the new building is built and occupied.On the positive side, new apartment buildings cost millions of dollars to develop and build, and developers really only sink that much money into areas where they're forecasting rent growth and property appreciation for their investment.