All Forum Posts by: Saad Munaf
Saad Munaf has started 1 posts and replied 3 times.
Post: Pros & Cons of Replicating a Successful STR?
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Post: Pros & Cons of Replicating a Successful STR?
- Posts 3
- Votes 0
Quote from @Michael Baum:
Hey @Saad Munaf. How about a little more detail?
Where is the property located? Let's get a look at the neighborhood.
Frankly, if you set it up the same as the others, then nothing sets you apart.
I can provide more info once I see where the place is located to get a feel for the area.
So I'm referring to gated, resort style communities in Kissimmee, near Disney parks. Property type I'm looking at are townhomes.
Post: Pros & Cons of Replicating a Successful STR?
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Hi guys, new to BP and real estate investing. I'm looking to purchase my first property and set it up as an STR. I'm using the ENEMY method, AirDNA, Mashvisor, Revedy, and Pricelabs for comps and analysis.
I was able to select the market and community that is marketed as vacation rental homes and most of the houses are set up as STR. As a first time investor, I'm thinking to replicate those existing houses (with little bit of my touch) but wanted to ask what would be the pros and cons in terms of competing with existing STR's in the community?
Hope that makes sense.
Thank you.