Emily Anderson
Full STR analysis in Okaloosa Island, Florida, WITHOUT using AirDNA.
4 March 2024 | 18 replies
Instead, this rise is influenced by certain listings being unavailable during this period, along with higher prices set by some high-end listings to offset lower demand.Now, let’s examine the variation in cleaning fees per day of booking across the year, applying the same filters as in the previous case.Here are some observations:In contrast to the average daily rate, the cleaning fee per day of booking remains consistent throughout the year.The average value for our subarea in Okaloosa Island (represented by blue dots on the map) stands at $20.6 per day of booking.Financial Case Study: Analyzing the Performance of a Short-Term Rental in Okaloosa Island, FloridaIn this section of our analysis, we are going to conduct a financial case study to understand the expected performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Santa Rosa Blvd., in Okaloosa Island.Here is a summary of our findings from the previous sections:There are two demand hotspots for short-term rentals in Okaloosa Island, with the one located at the southwest of Santa Rosa Blvd exhibiting a higher occupancy rate (69.6%) and a higher average daily rate ($306).The top-performing listings in this area typically feature 2 bedrooms and 2 bathrooms, with 5 out of 8 listings having these exact characteristics.We have analyzed a chart containing the top 100 most common amenities for top-performing listings with 2 bedrooms and 2 bathrooms.The high season extends from March to the end of November, with May and July being the peak months.The average daily rate for a 2-bedroom / 2-bathroom unit in this area throughout the year is $306, with an average daily cleaning fee of $20.Now, assuming we have located in the for-sale market a 2-bedroom / 2-bathroom unit meeting all our criteria, our objective is to run a financial case study to estimate cash-on-cash returns and other relevant parameters.The chart below presents all the inputs for our financial case study:Some observations:We anticipate receiving 40 reviews within a 12-month period, which is a conservative estimate based on our previous analysis.The bookings to review rate has been established at 85%.
Kirsten Packett
I think Im getting screwed by a landlord
28 February 2024 | 4 replies
I ransacked the internet and found my home address listed as active/available to show" the listing was published Jan7th and the went inactive/unavailable/expire listing on the date FEB 5th and the request to show the townhome was FEB 6TH SAhe did the inspection the week prior and likely report the townhome almost move in ready to the landlor and then suddenly my inspection guy that did my "move-out-inpection" was in their for a second opinion and the her property management said "oh that was not your move-out inspection.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
However, since the property owner(s) or heirs are currently unavailable to accept delivery, I am holding the rents in what amounts to a constructive trust.
Kieran Dowling
Differnt types of loan products
13 February 2024 | 13 replies
Hey Kieran, As you already discovered, this immediately makes conventional, FHA, and those other QM products unavailable.
Kate Brown
Land Flipping 101 Scammer Kris Thomas Land Flipping 101
11 February 2024 | 8 replies
Brown in her complaint does not identify any allegation that refutes that funding was unavailable.
Danny M.
Question On Finding A Real Estate Agent
11 February 2024 | 10 replies
Who will I work with when you are out of town/unavailable?
Kate Brown
Liar Kris Thomas Land Flipping 101 is a Fraud!!!
11 February 2024 | 40 replies
Brown in her complaint does not identify any allegation that refutes that funding was unavailable.
Christian Hubbs
Data, tools, and API's for Property Data
7 February 2024 | 40 replies
I'm looking into multi-family units in Pittsburgh and I've been working with the Zillow API using the ZillowR package but keep running into a 501 error (Protected data is unavailable through API) with the `GetUpdatedPropertyDetails` function which returns critical info like price, number of bedrooms, number of units, etc.
Alex Sinunu
Starting out private lending in CA
6 February 2024 | 67 replies
From Black's Law:In equity all kinds of property; real or personal, which are capable of an absolute sale, may be the subject of a mortgage; rights in remainder and reversion, franchises, and choses in action, may, therefore, be mortgaged; But a mere possibility or expectancy, as that of an heir, cannot.Though I wonder if a court would find that an option is a possibility or expectancy and therefore unavailable to be mortgaged.
Huiping S.
Can I reject a tenant with a service dog in FL?
4 February 2024 | 58 replies
Best option is to simply make yourself unavailable and hopefully he will go away.