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1-10 employees
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Real Estate
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220 E Flamingo Rd, Las Vegas, Nevada 89169, US
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We grow at a rapidly increasing rate through acquisition.
We achieve this growth by consolidating the highly fragmented, high-margin short-term rental industry — and become a highly profitable company with blistering pace and ruthless pragmatism.
We only buy properties in Arizona, Tennessee, and Florida, as these are the three best states for appreciation as well as favorable short-term rental laws.
The industry within the U.S. is ripe for consolidation for a host of reasons, including population shifts towards the sunbelt, while supply chain issues limit new construction, driving up asset prices and further limiting supply in the marketplace. Indeed, these markets are the fastest-growing in the country, with asset pricing rising by 20% in 2021 alone.
We zone in on properties in great short-term rental markets with high Average Daily Rates, various economic moats, and high Occupancy stats.
Furthermore, a lot of these sellers have tenants on month-to-month leases that are paying below-market-rate rents. This creates an opportunity for us to add lots of equity in the property in a short window of time and also turn the property from a long-term rental into a short-term rental with a quicker turnaround time.
As previously stated, once we acquire these properties, we make major improvements to the bottom line without major capital expenditures. The cost-effective improvements we intend to implement include bringing on a world-class property management company to properly manage things and making minor, mainly cosmetic, upgrades to the properties while keeping a healthy bottom line.
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Bloom Living Email Formats | Example Email Formats | Percentage |
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{f}{last} | [email protected] |
75.00%
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The widely used Bloom Living email format is {f}{last} (e.g. [email protected]) with 75.00% adoption across the company.
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