When estimating the potential revenue of a STR. What is the best way to estimate how many nights the rental should book? Should occupancy rate of the area X the number of days the unit will be listed give a good number?
A question to experienced hosts with urban locations: how do you fine tune your pricing and what occupancy do you target? I’ve been targeting 100% occupancy and I get close (93%) but I realize it’s probably not the be...
Hey,I tried to search for this Q before asking but didn't find anything.I was using AirDnA to look at some properties, and I found a few properties outperforming its comps by a good amount. I got to looking and the pr...
We are interested in purchasing a condo near Destin for STR. I know that realtors can pull up the projected gross revenue (annual and monthly) of a property for sale. Anybody know how to do that. I'm not talking about...
We are looking for financing to do major repairs on an apartment complex that we own. Does anyone know about revenue based financing? Someone mentioned it about funding using future rent. Very interested in thoughts a...
I have 12 units that we are doing a combination of short term (less than 30 day), mid-term (30 - 364 days) and long term (1year plus) rentals. We are looking for a software suite that can help with budgeting and plan...
Interesting article about how the STR market may be doing nation wide.https://timesofindia.indiatimes.com/technology/tech-news/airbnb-may-have-just-told-the-worst-that-many-have-been-fearing-about-the-us/articleshow/1...
I am curious to use the hive mind to learn about best practices for revenue management for short-term rentals.One trick I have used is to crash prices for undesirable dates, or dates that would otherwise go un-booked....
In listening and reading BP Forums. I have heard that you need to have 7 streams of revenue. What are some streams of revenue you use? for me as of nowW2 jobUber/LyftResidential rentalCommercial rentalNotary service ...
Hi all! I've searched but did not locate any spreadsheets that you all may have shared for revenue and expenses. If you could possibly share any spreadsheets or templates you use to help me develop my Excel spreadsh...