That’s terrible. That’s why these players need guranteed contracts. What they put on the line is something different. Wishing this man the best. Prayers up
December Flagstaff STR Results:
-100% occupancy
-$11,520 in revenue
-$3,689 in cashflow
-Higher costs than normal drove down cashflow (bonuses to cleaners, snow plow work, etc.)
-64 reviews at 5 stars with many happy guests!
-Overall a really fantastic month that I'm proud of!
Real estate decks suck at explaining simply what happens after an investors invests.
"So I put in $1M today, then what?"
"You get a 12% IRR, unlevered yield is 6%, NOI should be $50,000, exit price should be $10M...."
Means almost nothing to many investors.
Keep it simple.
“klay, dray & steph are like lemonade” 🍋
@juanonjuan10 with a perfect analogy to describe the warriors’ big 3 & their leadership during last year’s finals