Bill Lyons
๐ค SpeakerAppearances Over Time
Podcast Appearances
You can enter in your own interest rate, whether you're going to do a 30 year, 15 year, what you're going to put down, maybe you're going to put zero down, but bottom line is it's giving you for the first time ever analytics and indicators like stocks, you know, like you need a PE ratio and all this stuff for stocks.
You need these numbers attached to real estate to,
If you're going to invest, you know, before you just had a spreadsheet or you went to an infomercial or a seminar or something stupid, this overlays all the numbers on top of the MLS.
And it gives you, you know, cap rate cashflow, everything based on where are you getting the projected cashflow from?
So we pull data from multiple different sources to come up with an average daily rent for the Airbnb.
We buy data from different sources, First American Title, public records, et cetera, in addition to our list of data.
So we can get it pretty accurate.
And then obviously the long-term rents, we bring those into from different sources as well.
So it might make more sense to rent it out to a long-term tenant opposed to a daily rent, but not in San Diego.
In San Diego, you're never going to get anything in cash flow.
on a long-term basis on a short-term basis, you know, you can get 500, 600 bucks a night.
Yeah.
I mean, it all, it all works together.
But, you know, we want to get it up to, you know, a few million uniques a month.
We're working hard with a digital marketing company.
We're working hard with a PR company to really get it to where people can go here and actually invest on Airbnb nationwide, bringing all the data that they need, finally get this thing to where it needs to be with the money behind it.
No, no, no.
I mean, mortgages aren't
It did 20 million in revenue in 07 and I lost everything.
So I'm one of those guys that's been to the top, to the bottom.