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4 January 2022 | 2 replies
OneSite really shines with the data analytics.
5 January 2022 | 1 reply
This is also a great way to test out the STR model in your area rather than going all in on a SFH.
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5 January 2022 | 5 replies
What do I do if the Buyer Estimate from a real estate agent does not have matching data to BP tool calculations?
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4 January 2022 | 0 replies
Looking at the free data on AirDNA, it shows a 74% occupancy rate for the entire town but I don't know if that translates to this particular property.
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4 January 2022 | 3 replies
Or you can become an agent yourself and get the data yourself although becoming an agent does require a fair amount of time and money.
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10 January 2022 | 9 replies
Sometimes Zillow or even the MLS will bring in public records data, and will show houses as have 1.5 baths or 2.5, etc.
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17 January 2022 | 21 replies
After this I would ID a few markets close by - 1 hour by driving - and run a few numbers. test the market using your metrics for your goals and if they do not work move to another market.
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7 January 2022 | 4 replies
@Yadira Gutierrez check out Rabbu for free data, and if you want to go more in-depth look into Airdna's market reports.
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4 January 2022 | 5 replies
If I put the two bed 1 bath rents for 800 that is 2400 for those ...the studio I am adding will be another 650 So 3150 for apartments ..With 13 storage units at 55 that is 715 a month but I am adding a larger 14th unit that I will rent for 150 but let's say 100 bringing the total to 815 for storage So 3150+815 =3965In a cap rate appraisal you exclude the mortgage, tax, insurance and cap Ex So expenses are ..Heat 200Water 75Trash 75Landscape/snow 75Repairs 120Vacancy 120Miscellaneous 200That's 865 in expenses but let's say 900So 3965-900= 3065 in profit (noi) x12 months in a year=36780You divide that by the market cap rate..which I am going to use the most recent data of 7.45%36780÷0.0745=493,691can't be right.
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20 January 2022 | 4 replies
At my day job we consult with c-suit executives of retail, restaurant and location based entertainment clients using proprietary data licenses to help them determine the best location for opening new stores, analyzing can cannibalization of existing stores, competitive analysis and more.