All Forum Posts by: Merritt Harris

Ours is set to take 20% of the room rate revenue, 100% of the cleaning fee

@Merritt Harris

There are a lot of people who like passive note investing.

I can outperform all these note holders by finding deals to buy and hold and I get the appreciation.

Avery Carl always says you don't have to reinvent the wheel here. Provide cute, clean, comfortable places for guests. You don't need a bowling alley in the middle of the home. 

I would invest back into what is already in your portfolio before trying to scale, try out luxury/unique on something you already own/manage and see what it does for numbers. 

Depends what you are looking for. Most of the big CRE brokers in my area already have plenty of clients to buy the good deals so they never hit the market. They also don't usually care to cold call people because they have plenty of business just waiting for people to reach out to them. Smaller brokerages tend to try harder but may not have the network or knowledge so they might not have access to the deals.

I do commercial in central Missouri. My mentor has been in commercial here for 30 years and has brokered some notable developments here. I cold call and find stuff off market and get the perk of using his name to validate ourselves as a serious commercial brokerage so we get the benefits of both. If you have interest feel free to reach out, we are working on some warehouse opportunities right now around 100k sqft.

very nice keep going brother

There are specialty companies like Vintory that can help. We just severed with them, not their fault but the ROI was not as much as we would like. Otherwise, a good site, SEO, Ads, etc..

Our best rev growth has been through local networking though 100%

I already have a home in the Disney area that I purchased pre Covid and it’s making me about 3k in profits per month on airbnb. I have an opportunity to purchase 2 homes for about 300k each that make me about 1.5k per month each in profit. I’m also looking at a larger property in south Florida listed for 750k and can possibly profit 4K per month on airbnb based on my comparisons in the area. Would you go for 2 smaller properties or the bigger property? Take in consideration that the bigger property will appreciate more in the long run because of the area.