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7 October 2024 | 5 replies
(I have a background in engineering and experience with rehabs.)It's right at the top of what I can qualify for on a personal mortgage but when I add in other revenue generating opportunities things quickly change.Before my wife and I jump into this I'd like to reach out to the experts.
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6 October 2024 | 26 replies
It's helped, but we're still considering adding a hot tub to boost our revenue!
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5 October 2024 | 2 replies
., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend!
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6 October 2024 | 1 reply
Let’s say the main tenant accounts for most of the annual revenue with a lease ending soon (is healthy and probably looking to resign).
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5 October 2024 | 5 replies
The business must show revenue of 3000 USD per month and should be there at least for a year
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5 October 2024 | 1 reply
I know that most people are trying to make revenue on their real estate from the sale of the building itself.
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21 October 2024 | 176 replies
@Jay HinrichsI see some corrections in specific marketsI was looking at a STR we had owning in 2020 that seller pulled back and later sold - property is now $600k more than they time / I can’t see it being sustainable for anyone to pay that much as revenues will never come close to cover costs
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4 October 2024 | 5 replies
This is a great way to make a significant impact in your community and provide a new stream of revenue in the mid-term rental space.
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5 October 2024 | 15 replies
The more automated and systematized we have become, the more time I have had for revenue-driving opportunities.
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4 October 2024 | 12 replies
Revenue projections:Rabbu - $85k (49% occupancy and $522 ADR)Airdna - $118k (57% occupancy and $570 ADR)Airbtics - $101k (52% occupancy and $520 ADR)If we assume revenue of $100k.