🏡 Did October move the needle on anything....?

Investors who are 1st time buyers, do not seem motivated and in analysis paralysis and waiting to see what happens with the market.What's moving the needle is the investors who see this market as a great buying opportunity. 

Over the past couple months I have been using AirDNA daily to analyze projected revenue of potential STR properties in Tennessee and Florida.  Last week the projected revenue was basically cut in half or greater on al...

It seems that the ever-increasing Airbnb and VRBO fees are finally moving the needle, causing guests to shop for direct bookings.  

When a deal is more of an equity play than a cash-flow machine, the tenant experience becomes your competitive advantage, especially in HOA communities where you can’t do much outside.A few things that tend to move the needle for renters without blowing your budget:1.

But they are ever so rare today, not just a needle in a haystack but more so finding a specific color of needle, with a specific bend to it, in a stack of needles in a hay barn....... 

If you’ve got good boots-on-the-ground support, taking charge of branding, guest messaging, and social can absolutely move the needle on cash flow.That said, I’ll echo what a few others have mentioned, if breakeven (or better) is the goal right now, you might want to take a look at the Florida Panhandle.

I’ve been having more conversations with lenders lately and one theme keeps coming up:track record unlocks leverage, but no one seems to agree on what milestones matter most.For those of you who have scaled from your first MF acquisitions into larger, higher-leverage opportunities:What moved the needle with lenders the fastest?

Although not that complicated, seller finance deals can be a needle in a haystack to find and you will usually need a big down payment in order to make it appealing to a seller, and if you are under-capitalized you ca. get into trouble, so it may not be the best strategy given your cash position.  3.

Candid take: outside a top program or a legal career path, the JD/MBA rarely moves the needle for operators; deal reps, mentors, and a tight track record do.