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10 September 2024 | 29 replies
So for the first item on the balance sheet you put the purchase price and then for the WIP item you add all purchase closing costs, reno/holding expenses, sale closing costs and then finally put the sale price as revenue?
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9 September 2024 | 4 replies
I am also happy to help with revenue/occupancy reports based on experience, so you'll have that perspective.
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11 September 2024 | 31 replies
Do that every year and you can use the additional revenue to deal with these kinds of situations when they come up.Also, if you live in a regulated area, you may want to look up your right to pass through costs when you have to do a major repair.
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9 September 2024 | 13 replies
It also saves you the time from having to do the task so you can have time to do other things that generate a higher revenue / per hour.
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9 September 2024 | 22 replies
Personally, in Worcester, I think $600Kish is a good range for a 9 bed 3 bath based off the revenue.
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7 September 2024 | 3 replies
How come more landlords and flippers aren't recording evictions and posting to YouTube to generate revenue?
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9 September 2024 | 14 replies
You'll have difficulty selling it and breaking even with disclosed leaks.OPTION 1hold on with long term rental strategyOPTION 2Increase your revenue with 1 furnished MTR for the medical groups.
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7 September 2024 | 19 replies
I have seen on my last trip to New York City formerly bankrupt hotels recover and make a ton of revenue off illegal immigrants.
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6 September 2024 | 13 replies
Here's what we currently cover in our report:- Market Overview: Insights into rental demand and average overall revenue.- Detailed City Stats: Includes ADR (Average Daily Rate), OCC (Occupancy Rate), and revenue by bedroom count across different zip codes, top performers for that zip and what luxury properties are earning.- Target Guest Persona: Developed based on guest traffic and behaviors, two most common guest types that travel to this market and what their likes and dislikes are.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions!
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9 September 2024 | 18 replies
Do you not have to modify a property such as many do with PadSplit homes but you can and it may be a way to increase your revenue per home.