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17 February 2024 | 0 replies
Hello Storage Facility Owners and Operators,I'm reviewing the financials for some properties and seeking your collective wisdom on the operational benchmarks for running these facilities efficiently.We understand that, on average, total expenses for a well-run facility should equate to about 35% of the Gross Income.
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19 February 2024 | 145 replies
Still all in of about 100-120k assuming you split the down payments with subway on 2 facilities.
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16 February 2024 | 0 replies
https://www.wlky.com/article/louisville-zoo-expansion-trains...Tourism is the second largest commodity in Kentucky.
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16 February 2024 | 22 replies
Well there's definitely tourism going on in Roatan and, when you start from scratch, it's easy to triple.
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16 February 2024 | 15 replies
We’ve tried to vertically integrate and we just signed on our own linen facility, we own our cleaning company, etc.
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16 February 2024 | 60 replies
The area is always expanding the business district as well as downtown, from Access to low-cost regional talent, competitive real estate costs, strong work ethics, and excellent facilities for sports, shopping, leisure, and healthcare.Just like every city, you will have a fair balance of A neighborhoods and D neighborhoods.
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14 February 2024 | 4 replies
New Bern also wants more hotels and accommodations for any sort of tourism. https://www.newbernnc.gov/depa...
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13 February 2024 | 0 replies
In this post, I share with you the pre-construction investment benefits in the Dominican republic in the tourism sectors like Punta Cana, Puerto Plata, Sosua, and others.Among the benefits of acquiring properties on plans are the following:1- Capital Gains: the increase in the value of a property over time, due to different factors, such as accessibility, location, within the urban environment, services and infrastructure, and urban and architectural value.2- CONFOTUR tax benefits: law 158-01, which establishes tax benefits for real estate investors in the country's tourism sectors, which grants the benefit of tax exemption for 15 years.a)- Real estate transfer tax 3%.b)- Real estate asset tax (IPI) 1%.3- Financing available with an interest rate of 0%:Which works depending on the policies of each project, it normally works as follows.a)- the unit must be reserved from $2000 onwards.b)- They are given an approximate period of 21 days - 30 days to complete the downpayment 20%.c)- it is financed in monthly installments without interest until 50% of the value of the property is reached at the time of delivery 12-24 monthly paymentsd)- the remaining 50% can be financed with a bank or you can pay it cash.4- Resort administration: which guarantees monthly profitability and a return on investment which we could talk about by a zoom meeting..Thank you