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5 March 2024 | 7 replies
Granted I have 7 buildings and I just haven’t had that many problems and so far my only real “emergency” was caused by a tenant under the influence of who knows what who overflowed a portable washer he shouldn’t have been using in the first place and flooded the downstairs unit.
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5 March 2024 | 4 replies
Mods, if this is in the wrong area please move or delete.I pay for a monthly service that gives daily updates to the mortgage market, specifically how MBS are trading and market influences that sway pricing.
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8 March 2024 | 121 replies
Using a couple indicators loses sight of the fact that there are many other influences on the economy.
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7 March 2024 | 82 replies
Plus, utilizing google business listing and social media, along with influencers that promote the property.
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4 March 2024 | 23 replies
It seems like Section 8 "influencers" are really taking hold on social media lately.
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3 March 2024 | 4 replies
The "influencers" / "youtubers" etc. are making money, in my opinion, providing entertainment so they can get as many views as possible.
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4 March 2024 | 14 replies
Your investing selections will be influenced by your ambitions.Make both online and physical connections with other real estate investors.
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4 March 2024 | 18 replies
Instead, this rise is influenced by certain listings being unavailable during this period, along with higher prices set by some high-end listings to offset lower demand.Now, let’s examine the variation in cleaning fees per day of booking across the year, applying the same filters as in the previous case.Here are some observations:In contrast to the average daily rate, the cleaning fee per day of booking remains consistent throughout the year.The average value for our subarea in Okaloosa Island (represented by blue dots on the map) stands at $20.6 per day of booking.Financial Case Study: Analyzing the Performance of a Short-Term Rental in Okaloosa Island, FloridaIn this section of our analysis, we are going to conduct a financial case study to understand the expected performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Santa Rosa Blvd., in Okaloosa Island.Here is a summary of our findings from the previous sections:There are two demand hotspots for short-term rentals in Okaloosa Island, with the one located at the southwest of Santa Rosa Blvd exhibiting a higher occupancy rate (69.6%) and a higher average daily rate ($306).The top-performing listings in this area typically feature 2 bedrooms and 2 bathrooms, with 5 out of 8 listings having these exact characteristics.We have analyzed a chart containing the top 100 most common amenities for top-performing listings with 2 bedrooms and 2 bathrooms.The high season extends from March to the end of November, with May and July being the peak months.The average daily rate for a 2-bedroom / 2-bathroom unit in this area throughout the year is $306, with an average daily cleaning fee of $20.Now, assuming we have located in the for-sale market a 2-bedroom / 2-bathroom unit meeting all our criteria, our objective is to run a financial case study to estimate cash-on-cash returns and other relevant parameters.The chart below presents all the inputs for our financial case study:Some observations:We anticipate receiving 40 reviews within a 12-month period, which is a conservative estimate based on our previous analysis.The bookings to review rate has been established at 85%.
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9 March 2024 | 261 replies
Too many influencer types.
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1 March 2024 | 2 replies
appreciation from Micron coming in, so it's not exactly untouched by outside influence.