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Use the LuxHomePro Calculator before presenting a prospective deal to a homeowner to make sure your numbers work out.CorrectIncorrect
You are looking at a home with a lease of $5,500. What is the minimum average monthly rental income needed to make this worthwhile?CorrectIncorrect
When you are doing your research, what are the most important pieces of information you need about your area?CorrectIncorrect
You have found two homes in the Paradise Valley area of Scottsdale. You know that the area has an average of 55% occupancy rate. Assuming you have the means to cover the lease in case something happened, which one would be the best one to pursue first.CorrectIncorrect
You have found a property. It will cost you $7,500 per month. Your revenue goal is $90,000. You know the house can demand an average of $925 per night. What average occupancy rate would your area need in order to reach your goal?CorrectIncorrect