Occupancy is the same for us but we did have to decrease prices by about 10-15% in order to hold occupancy.that said, we are still doing great in NE GA mountains.

If she has ever caused issues then I would politely decline to decrease rent.

So if you want to decrease the agent's asking fee, the agent may reduce the level of service provided.

One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.

And, more importantly, any decrease in bookings will definitely be blamed on AI.I do think there's a lot of value that AI can bring to vacation rentals, but I also know any writing by ChatGPT is always stilted and inhuman-sounding.

Revenues for Short Term Rentals in a lot of markets are way down this year, some well above a 20% decrease, the other thing to think about is do you even have the time/energy to do an STR?

Mortgage loan applications decreased 5.6% last week, for instance.

Yes, MTR units are still catering to travel nurses even though demand may have decreased due to the phased out of COVID restrictions.

But why wouldn't an increase in the cap rate decrease the property's value?

I invest outside of CA because of the decreased barrier to entry.