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Andrew Keene

๐Ÿ‘ค Speaker
235 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

And, you know, Bill's platform is great.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

You can do, you can set stuff up for occupancy rates, set stuff up, revest it.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

You can set it up for occupancy rates.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

You can set it up for, you know, price point.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

You can put in location.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

You know, I wanted a place close to the convention center.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

And for Airbnb, San Diego and Miami are the two most profitable cities.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

Yeah, I mean, yeah, just see all the places.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

And then, you know, basically San Diego and Miami are the most profitable places for Airbnb.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

So I started renting this place out on Airbnb.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

I've done ample bottom research on it.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

So I've been, I've been trying to get into it.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

I mean, profitability wise as a percentage, like smaller places, actually like a Kansas city and Cleveland are going to be better percentage wise, but I don't really want to be there or like own places there.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

So I started renting this place out and my, my return on capital probably this year will be about 35% of the money that I put down.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

That's without even appreciation of the unit.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

So what should you put in my business?

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

$70,000.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

And what was the total price?

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

The unit was $350,000.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

You have to put down 20% to not pay their PMI, property mortgage insurance.