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12 November 2024 | 17 replies
DIY Basement BuildoutFinishing the basement for around $25K could improve your STR competitiveness and increase rental rates.
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12 November 2024 | 15 replies
Also most of my units are super nice so rent is already at a higher premium than some of the competition charges.
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10 November 2024 | 0 replies
Challenges included navigating owner hesitations, coordinating renovations within budget, and managing high expectations for occupancy and pricing in a competitive rental market.
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12 November 2024 | 17 replies
Watching you two go back and fourth is more insightful on what to expect from possible colleagues and competition.
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11 November 2024 | 16 replies
These apply to investors, co-hosts, or property managers who aim to create an exceptional guest experience in this competitive industry.
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10 November 2024 | 5 replies
Your plan to start in Erie is a great one because you have a competitive advantage there, being from there.
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7 November 2024 | 9 replies
It is also nice to have competition and a back up plan with trades.
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8 November 2024 | 4 replies
Experienced investors often see the holiday season as an opportunity due to reduced competition and motivated sellers willing to negotiate for faster closings.
10 November 2024 | 19 replies
The market is saturated with short-term rentals, and many owners are lowering their prices to stay competitive.
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11 November 2024 | 36 replies
I typically build in an inspection contingency into my offers (yes this reduces my competitiveness of my offers, but its also a safety net to protect my bottom line).