Andrew Keene
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then this year, I expect...
make about $20,000 on that $70,000 investment.
And now I'm starting to do it a little bit more.
And I'm probably going to start, you know, like a fund where I'm going to get capital for people that are looking for alternative investment strategies that are a little bit more secure because there's no premiums really built into it.
And San Diego per se is always going to have conventions and the weather's nice all year round.
Well, it's funny because I wanted to split time between Austin and San Diego, and I thought I'd be in San Diego about a third of the time, and then I just put it up on every day.
And the last two months, so it's only been a couple months, we've rented out like 28 and 27 of 31 days.
Okay.
So our occupancy rate's about...
90%, which is higher.
And then once you get to super host status, which I'm close to getting, then your occupancy rate, you have twice as much, twice as great chance of renting your place out if you're a super host because they basically advertise for you.
Kind of like on Amazon, you become a quote unquote bestseller.
Amazon starts advertising for you.
So if you can follow a super host, then Airbnb just starts.
You can get more for your properties.
And 80% of everybody that has a listing at Airbnb aren't doing it for business.
They have an extra room.
They're going out of the country or the state for a weekend.
They're just trying to get extra capital.
But looking at it as an investment.