Andrew Keene
๐ค SpeakerAppearances Over Time
Podcast Appearances
And, you know, Bill's platform is great.
You can do, you can set stuff up for occupancy rates, set stuff up, revest it.
You can set it up for occupancy rates.
You can set it up for, you know, price point.
You can put in location.
You know, I wanted a place close to the convention center.
And for Airbnb, San Diego and Miami are the two most profitable cities.
Yeah, I mean, yeah, just see all the places.
And then, you know, basically San Diego and Miami are the most profitable places for Airbnb.
So I started renting this place out on Airbnb.
I've done ample bottom research on it.
So I've been, I've been trying to get into it.
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.
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.
That's without even appreciation of the unit.
So what should you put in my business?
$70,000.
And what was the total price?
The unit was $350,000.
You have to put down 20% to not pay their PMI, property mortgage insurance.