Top Airbnb Market Research Techniques & Tips on Where to Airbnb in 2022
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- Опубликовано: 16 июл 2024
- This is THE Market Research video to watch if you are looking for where to airbnb. These research techniques will show you how to identify the best places to airbnb, the most profitable property types, where listings are all getting booked and how much people are making on airbnb. This data is FIRE. Enjoy.
Here is a masterclass on how to use the airbnb search bar to do your own market research on where to airbnb. How to find the best areas to air Bnb and the best performing airbnb properties. Use this and make mountains of money.
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#AIRBNB #REALESTATE #SHORTTERMRENTALS
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You’ve got questions.
I’ve got answers In the comments.
Do you think 78% of the market being booked by the next upcoming weekend with no guest count specified is good? Do you shoot for a designated number like 85% ?
how is your hair transplant?
I don’t have a designated number for this search. That initial search is more about proving demand in general. Not getting into the nitty gritty yet.
The hairline is great!
how much do you pay for your employees in a month? Do you do any surprise visit any of your apartments and check whether they are doing correctly?
Thanks for the video Sean. I am from a small country, Namibia, trying to figure out the viability of starting Airbnb here. And this really helped.
Wow, 3 minutes 30 seconds in and you already hit me with the best knowledge to have! I’ve never thought of doing it that way!
Taking the course soon (like in a few weeks) but I'm going to watch this 40 times until I understand it.
Lol take action! take action! Take action. You can do it don’t wait.
Which course are you taking mate?
This is great! I'm having to break down this video in smaller sections (as you said, it's not easy to get this info all at once), to be able to put into practice for my unit. I'm going to start with the "supply and demand" info to see where my unit stands against the comps and I'll take it from there. For me to be able to apply the "Price bar chart" and the "missing info" I'd have to watch the video again, but I'll get there eventually.
Thanks a lot for putting out this information free of charge for us in the RUclips channel.
I am based in the UK and I have been watching your videos on and off over the past 4 or so years, applying your methods gave me an instant boost in bookings. will be binging on as much as I can for what I have missed. Great Content Much Appreciated.
Can. Not. Wait. To take the course(s)! Really glad and feeling really lucky to have found this channel. Thanks!
In a world full of awful and greedy people, why are you so giving and kind?! Thanks for the helpful videos. You have really given us some great info and tips that have helped us.
Amazing video man, you literally have the best stuff on the platform 👏 I've watched alot of airbnb gurus and the way you explain and just the more relevant knowledge is why I'm mostly on your channel. I will be buying the corse soon!!
I love this. I take a similar approach. You’re giving the game away! Kidding. Great explanation! The trend analysis part by week is great. Wheelhouse is also good for telling you in great detail on the characteristics of a successful rental. I did my first Knox/Henderson Airbnb last year and did 70% occupancy by serving the underrepresented population of groups of 7+ (and using dynamic pricing). Much less host to host competition there. Much easier to get bookings.
Thank You so much for this video 🙏🏾🙏🏾
Great content. I analyze Real Estate data for a living. Getting ready to list my first luxury STR. Several helpful hits to check competition. Well done sir.
Thank you! Great tips.
Thank you for this! Super helpful and clear in the breakdown.
This is some amazing information and it could not have came at a better time. You really are a genius!
Great stuff man! Thank you
Thank you, it’s a great video as always! I was doing the calculations along with your video and finding weird stat about my area, thankfully I’ll have a consult call soon this week so I can ask all my questions. Definitely need to practice this research skills.
This is awesome. I knew nothing about sales. Thank you! 🎉
This was a very high quality video. Doing some research for Greater Vancouver (Canada) Area and you explained very good data points to check. Thanks for sharing!
Thanks for all you share. Very helpful
Very impressive analysis. I like the creativity used to find data points available for free.
Interested info, thank you !
Thank you!
🙌🏽👏🏽👏🏽👏🏽 definitely using this info to get started
Excellent. Thank you.
Bro thank you for the solid info.
Like always you videos are amazing and very informative! Thank you
Thanks!
I’m loving your stuff. I negotiated an arbitrage deal a few years ago in Palm Springs without even knowing it was a thing. Now I’m ready to make it a business, and your content is filling in the gaps. Thanks so much!
Welcome to the movement!
THis is so cool!
Great video!
Thank you Sean, still top value in your videos. you are right data tell a lot. Sadly in Europe we have a lot of catching up to do. I tried airdna on Tenerife and I cried ;-) compare to the amount you've got in the US . Let your US students be very aware of it. They have no excuse not to succed :-)))
Awesome
Dude, you’re awesome. From superhost to superhost 🙏🏾🙏🏾🙏🏾
You live in my building neighbor 😂
Thank you for showing this. Now I know how to outcompete you :)
Priceless information.
Fireeeee
Ty
Hey Sean, you are amazing and I was very scared to start in this business because I don’t have much money. With your videos I am getting more confident. I am in a orlando and I was wondering if I can make a profit in properties not so great… not so expensive… you know what I mean.
Sean , do you have any videos about insurance? Home owners renting a room and also if someone is doing rental arbitrage? Thanks
Absolutely mind blowing stuff Sean (and take it from someone who did buy one of the other guru's courses)! I know this was new, even for you, but did not get anywhere near this sort of quality and depth from that course. I did pay for a subscription to Mashvisor and will definitely use what I learned in this video to sharpen my market analysis (and perhaps not renew said subscription) as I am working on obtaining my first property (was looking at standalone homes, but have shifted towards apartments from watching your stuff (whether large complexes or direct from a landlord). Thank you for being you!
Hi Sean, We have been experiencing a huge downstream in bookings and inquiries in LAD after the AirBnB Summer, do you have any comment about it?
Hi Sean, I have a question regarding the analysis that starts at 5:25. You advise retrieving 12 data points for 1-,2-, 3-day stays in each week of a certain month, then average the sample so that we get 3 averages for those 1-,2-, 3-day stays. Got it. But then, you say that those 3 averages are already the results of min length of stays in the area. However, shouldn't those 3 averages be subtracted from each other first i.e. 'Avg of 3day stay' - 'Avg of 2day stay', then 'Avg of 2day stay' - 'Avg of 1day stay' (as you showcase in 5:14)? If I understood correctly we get the min length stay requirements by calculating those divisions between 3 vs 2 and 2 vs 1 types of stays. Please let me know if my understanding is correct?
Sean, you always start with a popular areas. How we make a call to arbitrage for a super small market? The market I’m looking at has a beautiful apartment but it is in a super small market (70 in a radius of 5miles radius, 2 weeks out it drops by 50%).
Haha, very cool. I literally was just about to go out to check out areas in my metro for AirBnB deals so very timely. Thanks man
Great info as always Sean! On the west coast here, everything is way more expensive than Dallas or Philly, but I've been able to carve out a cool niche as a unique Superhost, adding my 7th property soon, and having a blast!
Are you a student of Sean’s? Im in AZ. Where in west coast are you doing this, Cali?
What is unique about your space. I’m looking into unique listing
@@Slova99 Cali, but started in AZ.
What do you think turned you into a super host? What contributed most?
How did you come up with the number 20? @6:46
This is my analysis according to your video, master.
Bodrum market analysis: 27th Feb.
1) inst book, ent plc, 3 pers, no date: 300+
2) Same parameters 2 days weekend: 271
3) same parameters 3 day stay: 300+
4) June 14th one day: 267
5) June 14th & 15th: 267 ad.
6) 4 guests, no date other parameters same: 300+
7) Same parameters 5 guests: 272 & 6 guests 179 ad.
8) this time all same only 4 guests: 228 ad. 1 day / 300+ 3 day
9) March 4th, 3 days stay other parameters same: seems 300+ means 100% unbooked.
What a market is mine 😭
But I have 5 properties and 2 of them are booked from other platforms. 😇
Try zooming in to a tighter area
@@AirbnbAutomated Thx I will
What area is this?
@@szasremmurd8002 Bodrum, Turkey
@@onurkagangocebe good to see someone doing rental arbitrage outside the US/UK
How do you navigate cities that only allow 30 day stays or longer? How are you getting tenants?
Make a video on new cancelation policy and rebooking
Sean do you know anyway around 3x rent requirement?
Hi 🎉please speak slowly for me understand because my English not good but your knowledge very important to me, thank you for sharing from Thailand
There is an option to slow down the video for RUclips. Playback at .75x
How can I go about getting your free course? Your content is fantastic.
how do you hedge against a landlords concern around market rates in a 30 month lease? I've come across this hurdle before, when a landlord says how/when during the contract could we increase the rent.
Thank you! Unbelievably fantastic content
Commercial landlords often have an annual "escalation" that is tied to the consumer price index (CPI) published in the Wall Street Journal.
That was a great video! Thanks for posting this. Made me check out your webpage to see about signing up for a mentorship course.
If you are new here start with all the free content you may not need a full-blown mentorship
And thanks!
Would CLE be a good market in 2024?
liked and comment for your algo
My brain hurts and thank you LOL
Yay Data
Love this video but I can not do my own research since my map is still moving. I don't have the possibility to untick that box on top of the map... I don't even have this box. Is there anyone here that could help me with this?
Hi Sean. I am looking for your mentorship program . I tried but couldn't find it.. Would you plz send details?
I have noticed that you average around a 4 star rating on your portfolio. It seems that in the comments you get whacked for cleaning issues. It also seems that you are not a super host, due to these reviews. As I scale up, currently 12 doors, I wonder is it possible to keep a high user rating or is it part of the territory when sizing up to lose some levels of quality? It seems this is common with large operations like yours and Sonder for example. Sorry off topic, but I have learned so much from your channel and I just want your thoughts on this.
It’s true. I haven’t run my business directly for over a year. My personal biggest challenges are working through leadership teams now. It’s a fun phase. I’ve made some structural improvements that have increased our average 5 star ratings from 65% to 90% if that stays consistent I’ll do videos on those changes in the future
@@AirbnbAutomated When the cat’s away, the mice will play!
@@AirbnbAutomated let me know if I can help you with this, i'm a customer service whiz with amazing leadership. I personally run a tight ship and love training ppl! currently hosting, not co hosting but hosting and running two 5 star properties with a cleaning team!
Unfortunately Airbnb caught onto a trick I have been using for years to see the profile picture of guests who send inquiries or request to book. Up till last week, you can see their pictures by finding their review on their previous hosts page. Now, Airbnb programmers figured it out and hide their image. That will make profiling a bit harder :(
You can still get to see your guests pictures by copying the link to their profile in an incognito window and using your wife’s account or any other random account that is not a host to that property and this way the picture will be revealed. Too much work though
we need a remade version for the newer airbnb website
+1 - The content/concepts in this video are great but you can no longer do them because AirBnB changed the layout of the site.
Slightly yes. But you can retrofit the ideas. I’ll do a new video though
@@AirbnbAutomated I've just encountered this same problem.
Did airbnb stop “search as I move the map”
I had to turn off same day bookings as I learned it attracted the wrong type of guests. Their reasons for travel would be "Looks like a very comfortable place to stay" Lol. Good guests usually know their plans ahead of time and give a good, legitimate reason for travel.
What wrong happened with those guests?
Could you provide some examples?
Why I'm not getting much booking
Do you teach students on how to buy property for airbnb as well?
Any real estate agent with a specialization in airbnb will facilitate that for you for free.
I don’t teach real estate.
Buying a property and best practices around that are the same always. It being an airbnb doesn’t change that. But picking the right property is. And that isn’t “real estate” so I teach that
Where do I find more information about your course and mentorship?
There’s a free course here set up as a playlist. If you want to ask me questions join my Facebook group “the hosts of airbnb automated.” You can tag me there.
If you’re looking for very specifically my full course with my weekly calls. That’s called cracking superhost. You can register for that at classes.milliondollarrenter.com
Can't request a call with you? Link is not working.
That link. Clarity.fm/venom will work. Pinky swear
@@AirbnbAutomated sea
Awesome content as always. My question is...when I search in abnb I do not get that same view that you are showing. Can you point me on how to get to this view? Thanks a million!
Map view?
Just search any area on airbnb (on a desktop)
Can you research within a 2 hour driving radius of Richmond VA for me for a fee? Do you provide service like this? Although your instructions are clear I'd rather have you do it to ensure I'm doing it right. Thanks
If you join cracking superhost you’ll learn how through mentorship.
Hi Sean, for my first home on Airbnb I am planning to buy. What type of loan is the smartest? Would you recommend getting an FHA loan and living in it for a year? Or is there a better route?
He recommends arbitrage
Was somebody tell me how to find Sean's paid course, I googled it and everything but the paid course is coming up, or doing something completely wrong, thank you
Classes.milliondollarrenter.com
I haven’t really pushed the paid course. So no Google campaigns. Sorry it’s taken you so long
Does Sean have a mentorship program?
LOTS OF NUMBERS lol
I just bought my first property to Airbnb and it closes in 30 days. It's very clean so all I need to do is the furniture and then list it. While I wait the 30 days what should I do besides ordering the furniture? Which videos of yours should I watch?
I would flip through the free course. It’s in order. Pick up on the videos for after you have found your first property
interview cleaners, handyman, landscaper, pool guy,get your furniture list perfected, find best internet prices, determine based on internet speed and house layout if you should buy a mesh router system, position every piece of art and furniture into a mood board so it's ready to unpack properly once stuff is there. Tee up 3 of your friends to book your place within the first week for 1 night so you can get your first 3 reviews fast. get photographer queued up. build your digital guide book. learn your pricing and messaging software ahead of time. etc
@@kylebaxter3456 Thank you Kyle!!! Great info and saved.
@@kylebaxter3456 wow, great info
*Fewer
Does this guy work for Airbnb? He is using their logo. Just curious...He's a great sales person.
Watch my newest video for that whole bit of drama..
@@AirbnbAutomated Oh wow, so sorry but you can't keep a good man down! I posted a comment/concern on the video. I hope to receive a response.
What going on? Noticed that most of the STR Gurus have suddenly stopped posting new content?
How do you find the time to run this business AND Ukraine?!? Amazing! 😂
Need a Phd to follow those numbers.
Hey Sean are you still doing 1 on 1 calls?
📌 I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability.
Lately I've been thinking of buying cryptocurrency for retirement, I've set asides $350k to invest but along the line, I usually get cold feet maybe because I have no idea what I'm doing, please I could really use some guidelines.
In situations like this, I always recommend to people on getting guidance at least from someone that understands price action and all that while you strive on improving yourself by watching videos and learning fundamental analysis.
Are people crazy enough to pay you for this basic stuff!? :))
Nope. They come here to RUclips to get it for free
@@AirbnbAutomated I've been in the commercial real estate and finance industry for a few decades and I would pay for this ;) You can always step your game up. On diff note, without getting too detailed, do you think the outer areas of the Metroplex like McKinney, Frisco or Plano are okay or say Hill country 30 min to 1 hr outside of Austin? Or are they too risky since they're further out from city center? Thanks in advance!
I am expanding into Austin and McKinney both. So that’s a yes
My students also are focusing on round rock
@@AirbnbAutomated Round rock is filled with HOA's, seems like 90%+ of the properties are under an HOA. How do they get around this?
Hey Sean, you are amazing and I was very scared to start in this business because I don’t have much money. With your videos I am getting more confident. I am in a orlando and I was wondering if I can make a profit in properties not so great… not so expensive… you know what I mean.
You can compete on price. There are “value hotels” all over the place.
But lower quality is a slippery slope. Be wary of lazy landlords