Getting a property that is unique and stands out from its other STR competition is key.

These 9 properties have been a part of an 12 property portfolio that fall under a note of an estimated $1.2m, the asking price of all 9 properties combined is $2,030,900.

@Chad Coleman as others mentioned, it's probably one or several of these factors: priced too high, isn't marketed correctly, doesn't have the right combination of amenities for its area, this is the worst time of year to list, and this is the worst year to list since the recession ...it could be one of those items, all of those items, or a combination...A suggestion:In most markets, price reductions have increased exponentially...however, I constantly see sellers making small, almost meaningless price reductions of 1-2%.

I thought it unique that if you bought a property off market they would say it’s not an arms length transaction and disregard the sales price.

Right now, those who are familiar with the BRRRR method are finding some great deals out there due to a combination of favorable market conditions and their expertise in finding properties at deep discounts.

In fact, you can combine this with an SEO expert, and for relatively few dollars create a powerful and profitable “persona” whereby you have potential listing leads contact you.  

We didn’t think it would be any issues at all because combined we make enough for that loan amount.

You'll find it to be a pretty unique city, and not just in terms of the buildings itself.

What you are experiencing is not unique.

Many groups during Covid have switched to online only or a combination of online/in person events.