How did you add value to the deal?

Prior going to the conference my fear was that most of the people going to the conference was in the single family homes and we wouldn't be as much of value to each other.

The $40,000 renovation budget presented a clear opportunity to add value.

Everything I read says I have to purchase a property of the same value as the one I'm selling, but other things say it's just the same value of the gains. 

Current loan is 420k and value at 545k, credit score 740+.

The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.

These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.

How did you add value to the deal?

It’s filled with items some of value, but most not.

Groups are choosing large short term rentals over renting multiple hotels rooms when they present a value and experience that is compelling.So the THESIS is that the next 18 months present a unique opportunity to buy into hotel property when the prices are distressed in the short-term but the industry has great long-term trends.What research have you found to support or dispute this thesis?