
4 March 2024 | 46 replies
However, I take full responsibility for my actions and I'm sharing this with the community in a spirit of an alert of those people that want to hurt our small businesses.I'm NOT posting this in a form of retaliation, but more to protect those entrepreneurs who would be looking for funding.

4 March 2024 | 2 replies
I have scaled teams from 2 to 1200 team members, developed leaders, managed businesses and financials, and more.

4 March 2024 | 5 replies
Throughout this journey I hope to meet a mentor(s) who can help me with my vision to own numerous multifamily rentals to create cash flow, financial freedom, and creating a legacy for my family.

4 March 2024 | 23 replies
The $1200 you are referring to is Gross Rent with owner paying ALL utilities - which is financial suicide with S8 tenants.

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%.

1 March 2024 | 5 replies
Asset protection is obviously important for everyone.

3 March 2024 | 7 replies
If you buy Premium properties they tend to stay booked regardless and protected by the equity due to higher end markets.

4 March 2024 | 2 replies
How long it takes to be financially ready is different for everyone.

2 March 2024 | 5 replies
Granted there are also additional financial burdens not reflected in the credit report.

3 March 2024 | 12 replies
I want to protect myself, but also don't want to turn off any good prospects.