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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

I have to look into a little bit deeper of how many units I can get.

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

Just debt coverage ratios.

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

I would much rather be dealing with...

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

Yeah.

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

So I don't know the exact number and I have to figure that out.

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

You know what we're doing right now and the cashflow in San Diego, the way it works, if you have a one bedroom downtown, it's going to be cheap.

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

It's going to be, it rents out high on occupancy, right?

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

A lot of people like to sardine people into the places.

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

But I would rather have, you know, one unit that's one and a half million dollars than five, five, $300,000 places.

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

Yeah, but your occupancy rate will go down on a larger unit because you're going to be charging $6,000, $8,000 a month per night for that unit.

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

So this is kind of some of these things.

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

There is some really good software there like Revester that I've been trying to calculate this out.

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

Yeah.

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

There's one called AirDNA, which is really good, which you can buy reports of any city.

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

So depending on between $70 and $150, you buy the report.

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

So you can buy a report specifically in Little Italy.

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

It breaks down your occupancy rate per month.

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

It breaks down your average price.

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

And supposedly, they have a scrub of all the Airbnb data over the last year.

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

That's how the reports are generated.