13 February 2025 | 9 replies
Rents, yes 100% I do adjust billing and it is above standard tenancy rates because they are doing it for business revenue.
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31 January 2025 | 5 replies
I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."
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18 February 2025 | 15 replies
A real rough back-of-the-napkin metric I use is if a Colorado property's gross annual STR revenues can equal 10% of the purchase price.
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3 February 2025 | 15 replies
The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.
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5 February 2025 | 8 replies
We then export this data into an Excel spreadsheet to review metrics such as average occupancy, daily rates, and annual revenue for that specific property type and location.We'll also look at the top-performing properties in the area and analyze the amenities they offer, their location, proximity to attractions/beach etc.
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9 February 2025 | 8 replies
Nightpricer is dynamic pricing software created by vacation rental managers to save time and find the nightly pricing “sweet spot” that maximizes revenue and occupancy.
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16 February 2025 | 7 replies
Alternative Revenue Streams for Unique Property Features•If your home has unique features (large backyard, pool, modern design, or open space), consider listing it on platforms like PeerSpace for event rentals, content creation, or small business use.
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5 February 2025 | 5 replies
@Jordan Miller - I think to give proper guidance it would be good to share more details on the revenues and expenses on the property.
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12 February 2025 | 16 replies
Change the revenues change the value.
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13 February 2025 | 0 replies
These can bring in significantly higher revenue compared to long-term rentals, especially during peak travel seasons.Single-Family Rentals in Growth Markets:Target neighborhoods with growing populations, good schools, and job opportunities.