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2 October 2024 | 13 replies
When analyzing a potential short-term rental (STR), especially with fluctuating rents and occupancy due to seasonality, you can break it down like this:Monthly Breakdown: Look at historical data for each month.
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2 October 2024 | 13 replies
I would suggest using this website to get a general idea of the locations you are interested in. https://www.areavibes.com/Its pretty cool because they give you a total livability score and you can just see the different data that they give you
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1 October 2024 | 5 replies
@Delmar Marsh JrAs you begin your investing career I would suggest using this website to get a general idea of the area you are looking to invest in. https://www.areavibes.com/Its a great starting point and gives you a whole list of data that you can look through.
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3 October 2024 | 16 replies
You can type in the properties address and it pulls data from airbnb and other short term site to give you from what I've read a pretty accurate estimation of Occupancy rates and income.
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1 October 2024 | 1 reply
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.
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2 October 2024 | 4 replies
Your problem is likely in the data you relied on for your expected return and their experience.
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3 October 2024 | 11 replies
Explaining the reason for the increase and providing some market data to show how rental prices in the area have risen could make things clearer for the tenant.
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1 October 2024 | 2 replies
Hi Matthew,This data is a macro look at median sales price of all property types within those four cities limits.
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7 October 2024 | 35 replies
I've been managing places for my aunt up here and in SoCal for about a year now and personally believe that how often a tenant asks for fixes is more based around their personality than anything else.Take my opinion with a grain of salt as I've never used a PM service so don't have any data to actually compare.
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30 September 2024 | 8 replies
I only have 7 months of data, but other hosts say Padsplit tries to at least keep everyone as close to 80% as possible.