Profit Margin clarification?

[Shanai Rogers]

Hello everyone, 

I have three STR's two that are on the furnished finder platform. I am currently looking to expand and gain my fourth that will also go on the furnished finder platform. I want to stay in the Bay Area as I have done research about high demand places and this is one of them that is close to me also. As I'm researching prices, I don't see how ppl are gaining profit! I see nothing under 23-2500. When I look on furnished finder I see nothing over $3000 that people are charging. So just to be sure, there's only going to be about a $300 profit right? assuming monthly expenses? I don't know why this is so hard for me to grasp that such a small amount of profit will be made. Especially because the work to set up is so strenuous

[John Underwood]

Saturation, higher interest rates, higher sales prices all make it more difficult to be profitable.