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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...
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Hello everyone, I have a question. I am about to receive $100k from a family member for the sole purpose of real estate investing. With the money I plan on putting down money on a multi unit. my question is how do I a...
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In the world of property management, the question of whether landlords should approve tenants to perform maintenance on rental properties is a common and multifaceted dilemma that requires careful consideration. This ...
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Hello,I've been reading the forums/lots of REI books and listening to hundreds of BP podcasts over the last year, and I'm ready to jump in and start on my first deal. My long-term goal is buy and hold, likely with BRR...
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I'm just getting started in REI (one duplex, but planning on picking up more units soon!) and recently I was talking to a gentleman who is 49, who's been investing in RE since he was 20. We were talking about risk-to...
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I just wanted to share a book that I read recently called The Psychology of Money. One quote that really stood out for me was that money’s intrinsic value is it’s ability to give you control over your time. Most peop...
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Hi everyone, I have a property in Swannanoa that was affected by the hurricane. I have Proper insurance, tailored to short term rentals. As many STRs in the area, I have been dealing with cancellations and loss of rev...
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Hello Guys - I would appreciate if you guys can provide your precious advice. I have done about 10 fix and flips in last two years but I don't have any experience in new construction. I am looking at a lot where the c...
Middle class New Yorkers are relocating to cities like Charlotte, Dallas, Austin, Atlanta and other cities that provide a decent quality of life for their families at lower cost. Here are the top five reasons: 1. Ho...
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Had my first fire, looks like it will likely be a total loss. Just curious of any advice from those who have been through it. Also any thoughts on rebuild vs sale of the lot. Thank you so much!