I'd really like to hear from people who have a 4 bed pool house near Disney if $48K per year net revenue is realistic. By net I mean take home pay after direct booking fees, including cleaning. But not including utili...
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 (...
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 ...
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 ...
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...
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 ...
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...
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...
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...
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...