TOP Airbnb Market Research and Where to Buy an Airbnb in 2023
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- Опубликовано: 28 июл 2024
- BNB Investor Academy
www.bnbinvestoracademy.com/tr...
In this episode, we walk through the process of analyzing a market to invest in airbnb, and what factors, location, and amenities are going to allow you to get the most cash flow possible out of your short term rental.
Both my wife and I started right out of college working our 9-5s thinking we could save our way to financial freedom and success. We were wrong, and we needed go figure out a strategy to have our money start working for us. We came across short term rentals and took the leap. Now, we have 7 properties and are totally financially free.
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#financialfreedom #FinancialSuccess #Investing #Saving #Budgeting #Debt #PersonalFinance #FinanceTips #MoneyLessons #airbnb
Super helpful, thank you!
Crazy helpful man. Thanks for making this.
Good stuff, thanks Mr. ME!
Thanks!
Love the FL analysis! Exactly the area I’m looking at, haha, Thank you!
Flooded with abnb.
thanks!
Would you recommend the same strategies if doing short term rentals overseas/different countries?
Hi Michael, what is the difference in content from the stuff you put out on RUclips vs what you get when you sign up for your BNB Investor Academy? Asking because your content here seems very thorough and the information is free. Thanks!
I try and provide as much free value for people as I can! The main difference is we go more in depth in BNB Investor Academy, have 15+ hours of step by step video guides/resources and you get asigned a 1:1 client success manager for 1:1 coaching and then have access to over 30 live coaching calls via Zoom each month :)
Which AirDNA plan are you using that has all those options?
Feeding realtors the information on what you want rarely works in my experience. Many will try to sell you anything that is slightly over your budget, regardless of your criteria. Even if your criteria is fairly simple, like "needs to be centrally located and have either a terrace, porch, balcony or yard".
😮😮😮
Air dna i using the free version but what are you using is not the same
I never rely on real estate agents or brokers to find deals as most don’t know how to find great deals or off market or under market properties. Most have a HS education and are not business savvy.
Yeah def need to network and weed out the bad ones.
It’s very local and depends on saturation. I’m in Austin City Limits and in some areas closer to downtown vacation rentals are saturated and the owners are slashing rents to keep them rented. Most owners bought their properties at the hyper inflated prices of the past five years and properties are declining in value. The peak was May 2022 so anyone buying in 2021-2022 are probably upside down.
My superhost manager tells me that her 2/2 units stay booked out. Her large houses with lots of beds and amenities rent for a lot but don’t stay booked out. My 2 cents.
Yeah you are right - typically larger properties have less occupancy as it is more challenging to fill mid week dates. Really comes down to the total revenue potential
how much money do you need to spend on airdna to do this type of analysis, just curious?
I guess he has nationwide search - must be a few thousand a year
Airdna just updated their subscription prices and much more affordable now
The headline just doesn’t relate with the content. Wasted my time tbh
What exactly were you looking for?
@@melefante6sounds like he wanted you to give him a fish instead of teaching him how to fish.