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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 then this year, I expect...

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

make about $20,000 on that $70,000 investment.

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

And now I'm starting to do it a little bit more.

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

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.

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

And San Diego per se is always going to have conventions and the weather's nice all year round.

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

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.

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

And the last two months, so it's only been a couple months, we've rented out like 28 and 27 of 31 days.

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

Okay.

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

So our occupancy rate's about...

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

90%, which is higher.

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

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.

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

Kind of like on Amazon, you become a quote unquote bestseller.

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

Amazon starts advertising for you.

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

So if you can follow a super host, then Airbnb just starts.

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

You can get more for your properties.

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

And 80% of everybody that has a listing at Airbnb aren't doing it for business.

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

They have an extra room.

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

They're going out of the country or the state for a weekend.

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

They're just trying to get extra capital.

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

But looking at it as an investment.