4 November 2019 | 0 replies
The Tiny Tipsy Cabin is currently rented on Airbnb with hundreds of reviews and a 4.8 star rating, and net income is about $3,000 a month before accounting for debt service.
1 September 2019 | 24 replies
People have the same hotel 5 star expectations regardless of price or description.
10 January 2019 | 18 replies
Regardless of price-per-night you're stuck providing a "5-star experience" or you become a 2-star option.
19 January 2024 | 140 replies
That's a lot of stars to align..
30 April 2024 | 27 replies
The more bedrooms you have, the more risks you can take without alientating a family with all boys (princes beds) or that are all still young (star wars).
25 July 2023 | 48 replies
Two things to know for this market:1) Get reliable comprehensive data for the zip code you want to buy - do not jump on media headlines.2) Lean into local professionals advice, who know the market - not armchair investors who feel the need to comment on every post to get a star/trophy next to their name.
9 April 2024 | 15 replies
Lazy River, water slides, gym, restaurant/ bar, etc).Themed rooms - make the bedrooms attractive by theming them with characters (Disney, Harry Potter, Star Wars, etc).Games Room - these are often located in a garage conversion or a left area.
2 December 2018 | 7 replies
@Ellie PerlmanThank you for explaining the details of co-star to me.
18 March 2019 | 81 replies
Its the same thing in cheap markets were they sell say 130k new construction.. those deals usually have 10 to 15% gross margins so they are making 13 to maybe 20k if they are really lucky net profit but getting good leverage and pumping out 50 in a year.We will build about 40 homes this year.. so while we don't hit homeruns we make it up in volume and god willing the market holding and the star's aligning and every other lucky charm we can pull .Like @Will Barnard even though it was an outlier for us we did a 5 million dollar flip and made 1.5 on it.. but that was not something we could recreate .. and I don't have the stones to do that these days.. with my cheaper homes I know my bank will let me make them into rentals if they don't sell and with the rents the way they are they would cash flow or be a tiny bit negative as we rode out the market...
3 September 2019 | 29 replies
Instant 5 stars for that group.