I'm trying to run the number on my first STR and I dont want to miss out on any expenses. I have the main expenses like mortgage, taxes, insurance, utilities, repairs/ maintenance and cap ex. Is there anything else I ...
On Tuesday, the Wall Street Journal published an article stating that the stock price world's largest self-storage company has actually risen during this crazy market selloff. See below. So do you think this is an ano...
First of all, who cares about interest of x when you are bringing in 2-3-4-5-6-7X in profit? Right now we all need to be SECURING THE ASSET. Someone recently said this and I loved it "Marry the house, date the financi...
Does anyone know why the average rental income of STR in Galveston is almost half of what it is in other nearby markets like Port Aransas and south padre island. It is really low given when compared to other beach tow...
What do you look for in a property/city to determine if the STR will cash flow?
I am looking to invest in STR properties in Bryson City, NC area, I came across a deal and the ROI would be 12.6%. The seller is grossed $69,200 and is asking 549,000. Is 12.6 ROI a decent deal? They seem pretty set o...
Hi BP fam--I'm trying to analyze my first potential STR deal. When rents and occupancy vary as seasons change, how do you average that out to enter it in the calculator?
Hello, looking to expand our portfolio into vacation rentals. All of my current investing has been full time rental SFH/Duplexes. Want to begin with 1 property that our family can use 4-6 times/year and list it the ...
One of the most thrilling aspects of this industry is the opportunity to optimize pricing strategies to maximize revenue from each property we manage. My absolute favorite part of my job is controlling the pricing of ...
I’m heading to the Gatlinburg/Pigeon Forge/ Sevierville area next week and am going to look at short term rentals while I’m there. I’ve listened to Avery Carl and reached out to a realtor with the Short Term Shop to s...