Dana Dotson
Garfield Park Vacant Lot Strategies
Hello Group. Just starting to get back into BP. I got stuck holding a vacant lot back 10 years ago in Garfield Park area of Chicago. There were a ton of city owned lots that were going for cheap so selling was impo...
Nathan Gesner
Are you keeping up with the market?
A study by Corelogic reveals rent rates for single-family homes was up 11% from 2020 to 2021. Cities like Phoenix, Austin, San Diego, Orlando, and Las Vegas saw rates increase over 15% last year.If you rented a house ...
Eric Huang
A STR vacation rental in national park in WA
I came across a property in a popular vacation spot in the Olympia national park. The property is half block away from the water with a nice lake view from the backyard. The house has a main structure about 800 sqft (...
Vijay G.
1st time Hotel investing any advice
I m planning to bid on REO hotel online. 70 room hotel starting bid $1M (May bid up to 3M) It is generating 1.8M in revenue. Before covid it was generating 1.4M. NOI is 353k. I have 200k in capital but need more for ...
Brandon Blahnik
Thoughts on strinsights?
We are just finalizing our investment property loan and planning on jumping into the str game. We are interested in a few different national/state parks and ski towns and are trying to narrow it down. Someone recommen...
Ryan Leake
STR Data in Austin, TX - # of Guests, Average Daily Rates, Occupancy %...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
Mark Vondrak
What are your goals for 2019?
Hi All! Its a new year, which means new goals and plans to grow you and business! I am curious to hear what others have set for goals? They could be business or non business. I will share a couple of mine:1) Be more ...
Luke Siecinski
Should I use HELOC to invest in STR?
Hello,I'm trying to invest in some STRs in the Gulf Shores market. Pretty much my only option (unless I want to seek outside investors) to be able to afford a down payment is to use the equity in my home. I've been wo...
Greg Schuricht
STR Investing - which quick metric do you use to filter property?
For long term rentals its the 1% rule (for me anyway).I've read that a good metric for STRs is whether a monthly mortgage payment equals a weeks worth of revenue.Which financial metric do you use to filter your list o...
Joe Fish
Understanding STR trends
For the experienced STR investors, what insights can you share about occupancy and rate trends? How is 2023 shaping up relative to the past few years?I hear a lot about how over supply is driving down prices and occup...