Scott Shatford on How to Analyze the Airbnb Vacation Rental Market

Scott & I Discuss

  • Regulatory Risk of Airbnb

  • Selecting the Properties with Best Location

  • Does High End Reno Pay More?

  • Which Amenities Make More Successful Properties?


Listen Now:

Google Play

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Analyzing the Data from More than 4 Million Properties

After listing his own apartment in Santa Monica, California on Airbnb and discovering the potential of the short term vacation rental market, Scott began amassing a portfolio of units.  At around a dozen, he realized that there are likely good and bad markets for this product and began compiling data to figure out where the best markets were located.  This led Scott to build Airdna, the world’s largest source of data available for short term vacation rentals.

Relevant Episodes: (There are 120 Content Packed Interviews in Total)

Resources Mentioned in the Episode:

www.Airdna.co

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Russell Walker on $45K/Month Positive Cash Flow with Airbnb

Russell & I Discuss

  • Going from $35,000/Month negative to $45,000 Positive Cash Flow

  • Airbnb + Fix & Flip Deals=Way More Profit

  • Variable Pricing Resource for Airbnb like Hotel Software

  • How to Select Airbnb Properties that Work Long Term


Listen Now:

Google Play

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$45,000 Per Month Positive Cash flow in Less than 12 Months

Russell Walker has been in the real estate business since 2008 and has built a high-volume wholesaling, fix & flip, and rental operation.  Then he found a way to get his fix & flip deals (more than 20 at the time “for sale”) to produce cash flow while awaiting a buyer by using Airbnb.  Suddenly, he found himself collecting $45,000 per month AFTER expenses on a portfolio of fix & flip homes that were previously COSTING $35,000 per month.  Additionally, he no longer lowers prices on flips-he’s making so much money while they’re on the market that he doesn’t care if they ever sell!! Ready to check out the details?

Relevant Episodes: (There are 113 Content Packed Interviews in Total)

Resources Mentioned in the Episode:

www.BestChicagoWholesaleDeals.com

www.BestChicagoREIMeetup.com

www.FundingforRehabs.com

Do You Know Anyone Else Who’s a Real Estate Investor? 

Do You Think they’d Also Enjoy this Episode?

Please Forward this Link & Tell Them to:

 

Sign Up for the REI Diamonds Weekly Podcast Your Copy of “Become a Wholesale Real Estate Master”

Just Go to www.REIDiamonds.com to Download a Copy & Check out Recent Popular Episodes.