Siddharth Patel
Potential Bed and Breakfast | Ways to evaluate the deal!
13 September 2024 | 12 replies
Operating Expenses:Consider all the costs of running a B&B and event venue—staffing, cleaning, maintenance, utilities, insurance, marketing, and supplies.
AJ Wong
How accurate are AirDNA estimates & calculators for STR's?
11 September 2024 | 20 replies
The simple answer is highly accurate..A recent CBRE report on the accuracy of AirDNA date found it to be 97.5% accurate in reporting active supply of vacation rentals.
Devin James
Florida New Construction Market Update
9 September 2024 | 0 replies
During our monthly market study, Marion Oaks (Ocala) consistently stands out as the area with the highest demand for new construction housing.Below are some of the markets we analyze, along with their average months of housing supply: - Palm Bay: 3.4 months - North Port: 4 months - Port Charlotte: 5.4 months - Marion Oaks: 2.2 months - Silver Springs: 2.8 monthsStudy Criteria: Single-Family Homes Built in 2022 or later, 1400-2400 sqft.
Devin James
Find the Sweet Spot - Market Analysis
11 September 2024 | 10 replies
Simon, Here in FL its much easier for us because we know a few things:1) The U.S. is severely under supplied in housing units. 2) Tons of people are moving to Florida everyday which makes point #1 even more drastic for us. 3) Interest rates are preventing people from selling their homes, because then they would need to re-trade for a higher interest rate buying a new home, which is creating even more housing demand.So with this knowledge, now we move to more market specific data, which is what I talk about in the original post.If a market shows decent growth and demand, then it all boils down to the numbers.Its important not to forget about any costs though.
Joseph Lawrence
Shelby, NC for Investment Property
10 September 2024 | 1 reply
.- Rental Opportunities: With a rental vacancy rate of 6.0%, there's a reasonable balance between supply and demand in the rental market.
Sam Kay
Multiple Recurrent Leaks - Need advice on pivot strategies.
9 September 2024 | 14 replies
Check the supply line to the toilet & the supply lines under the sink for potential culprits.
Stephen De Vita
US Postage Stamps
9 September 2024 | 4 replies
Hard to find however you can call them since they supply their number.
Sanjeev Advani
Halloween Retail Showdown: Party City vs. Spirit Halloween
9 September 2024 | 1 reply
In addition to Spirit Halloween, major retailers like Walmart, Target, Amazon, Home Depot, and Lowe’s are all competing for a share of the $12 billion Halloween market.With Home Depot’s viral 12-foot skeleton selling out and Big Lots purchasing overstock Halloween supplies, Party City faces fierce competition.
Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
Yes, you will have to supply your accountant with some documents- closing statement, rehab receipts etc.
Josh Edelman
Las Vegas News + Market Recap for August
8 September 2024 | 0 replies
Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?