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25 March 2024 | 3 replies
I think this could be for a variety of reasons but likely has to do with the fact that remote work seems as though it is here to stay allowing for more digital nomads, professionals to live/move cities more easily or even just "check out" a new location for a few months.Couple of key takeaways:-Casting a wide net and not focusing only on traveling nurses for example-Knowing your market and target clientele-MTRs are ideal for corporate travelers -How you operate your MTR is key to success (responsiveness to request, amenities, etc)-Protect yourself with a security deposit and ensure your lease fits your property/marketArticle: https://www.azibo.com/blog/mid-term-rentals-pros-and-cons-fo...Curious on everyone's thoughts on this article and overall market trends!
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24 March 2024 | 21 replies
Here's info on Huntsville:Now Alabama’s largest city, Huntsville’s military (Redstone Arsenal), space (NASA), telecommunications (ADTRAN, AT&T), biotechnology (Hudson Alpha), diversified manufacturing (Toyota/Mazda, Polaris) and a variety of emerging specialties provide challenging work (#5 Best Places for Career Opportunities) in delightful surroundings (#3 Best Places to Live in the US).
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22 March 2024 | 1 reply
I know there are a lot of facets to this question and I would like to hear from a variety of perspectives from the many experienced investors on here.
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22 March 2024 | 5 replies
Home builders are not building enough housing for variety of economic reasons.
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22 March 2024 | 21 replies
The economy is thriving in several areas -- pharmaceutical, medical, IT, Distribution centers, manufacturing, government defense, sports, convention center -- a wide variety, so we aren't depending on only one type of industry.
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22 March 2024 | 15 replies
I wanted to post about occupancy, I know there is a wide variety of occupancy levels and ADR information out there but wanted to share mine and hear what others are doing.Seems there are several schools of thought - drop your rates and high occupancy or high rates low occupancy.We have 29.9% occupancy and an ADR of $633 per night.
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22 March 2024 | 20 replies
It has a reputation for great snow conditions and a wide variety of runs for all abilities.Sugarloaf in Maine: Sugarloaf is the largest ski area in the East, with 1,240 acres of skiable terrain and 162 trails.
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22 March 2024 | 22 replies
Well yes, our entire lives are contingent on "3rd party platforms" of one variety of another, from the time we wake up until we go to bed at night, and even through the night.City streets, stop lights, and the power company are third party platforms.
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20 March 2024 | 1 reply
Reach out to a variety of lenders, as banks, credit unions, private lenders, etc., all have varying terms.
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20 March 2024 | 2 replies
We may learn about a market's economic variety and its ability to weather downturns by looking at how it did over a previous real estate cycle, which usually lasts a decade or more.