{"id":2076,"date":"2018-03-31T23:54:45","date_gmt":"2018-03-31T23:54:45","guid":{"rendered":"http:\/\/www.jpfco.com\/dir\/?p=2076"},"modified":"2018-04-01T23:18:24","modified_gmt":"2018-04-01T23:18:24","slug":"45k-going-once-45k-going-twice-45k-going-three-times-sold-to-the-lucky-tenant","status":"publish","type":"post","link":"https:\/\/www.jpfco.com\/dir\/45k-going-once-45k-going-twice-45k-going-three-times-sold-to-the-lucky-tenant\/","title":{"rendered":"$45k going once, $45k going twice, $45k going three times &#8211; leased to the lucky tenant"},"content":{"rendered":"<p>10 years ago, I leased a Monomoy waterfront property for $40k for a week.  6 bedrooms, 8 baths, pool, gorgeous.  Highest $\/night for a residential rental.  People swooned and swanned &#8211; I can&#8217;t believe they&#8217;re getting that $&#8230;  Naturally, I analyzed the numbers.  For a comparable suite at one of the high-end hotels, $2k\/night was the starting point.  6 bedrooms x 7 nights x $2k\/night = $84k.  So, $40k was a value.  One may not fill every bedroom, though.  But, they get a kitchen, living and dining rooms, yard, privacy, etc.  And, for an extra $200\/night, they can get turndown maid service.  Then, someone built a dialed-in 8 bedroom, 10 bath amazing property in an unstoppable location and leased it for $45k\/wk. &#8211; some more swooning and swanning.  The math: 8 bedrooms X 7 nights x $2k\/night = $112k\/week.  Now, investors have recognized this delta and there has been a proliferation of $45k\/wk rentals.  End of the day, those rentals are strong values (and don&#8217;t mess with the swans in Hummock Pond). <\/p>\n","protected":false},"excerpt":{"rendered":"<p>10 years ago, I leased a Monomoy waterfront property for $40k for a week. 6 bedrooms, 8 baths, pool, gorgeous. Highest $\/night for a residential&hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2076","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/2076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/comments?post=2076"}],"version-history":[{"count":9,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/2076\/revisions"}],"predecessor-version":[{"id":2088,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/2076\/revisions\/2088"}],"wp:attachment":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/media?parent=2076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/categories?post=2076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/tags?post=2076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}