How to analyze a Short-Term Rental investment property (Deal Analysis)

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[@ehinckley]

This was helpful. But as I own a 3/2 with about that much space and land, $1500 a month when you have a mortgage of $1100 is off the mark for expenses. If you are providing any kind of cable and wifi that's $100 to 150 and you need at least wifi. If the house is going to make as you want to make it will need to rent almost every night which brings more utility use and wear and tear. Electric, water and propane combined could easily be $400 or more on a hot/cold month. Then you have insurance costs which are going to at least be $250 for fire, property, damage if you have short-term guests. Then property taxes. Then supplies for the house which can be $50 to $100 a month. With a mortgage, you are looking at $2000 to $2500 or more a month in expenses on high months when insurance and property taxes are due.

[@jeanpaul6545]

how many properties do you own

[@KaeBae_]

You don't always need a comical intro to your videos. Personally, I find that I pay more attention to informative videos that cut straight to the chase within the first 30 seconds. There's no doubt that your personality is entertaining and captivating. I just don't want you to fall into that mindset that you need to be funny to grab people's attention. You have 84+ thousand people's attention. Now keep it! Love the vid, per usual!😊❤️

[@capitainedemoi]

I agree

[@KalebRowland]

I agreee as well

[@jasongarmon2595]

You're information is amazing. And easy to listen to and absorb. This is priceless. I think I'm on my 9th video this morning, and have zero reservations of getting into this like we have been brainstorming about. You literally make it so easy and cover every detail. Subscribed and notifications ON! 🏡

[@justme.11]

I tried getting into real estate years ago and got scared on my first deal. I was overwhelmed by totally unnecessary information. On top of that, I had no mentors, partners, capital or support in any way. This video is eye-opening. I learned more from this video and your channel about how to find a deal than I did from a $12,000 e-course.

[@fv457]

How did your investment property turn out? Hope it was still a success

[@justme.11]

@@fv457 Sorry, I didn't get notified for this. I got scared and ghosted the seller. Haven't tried again since.

[@twincherry4958]

@@justme.11 🤣🤣🤣

[@Northstar2000]

Have you tried nigeria 🤴 best highly efficient service 100% guaranteed rug pull. Fantastic customer dissatisfaction

[@maxrussell3759]

Your videos have inspired me to take advantage of my opportunities to start a short term rental, and KZbin Channel. Working on my first Airbnb video currently. Thank you sir!

[@buildfixflip]

Awesome! Good luck in your journey! We are in the same boat.

[@jeanpaul6545]

well how are things going... a whole year later :)

[@benharborne9875]

Great video! How do you figure out local zoning laws and apply for permits etc to get started?

[@erothegardener]

I second this question

[@estatesrates5320]

Call the cities planning department and ask.

[@lvyijielvyijie]

I have the same question! It seems impossible to get short term rental permit from the county! Anyone knows the trick?

[@DJBWayne]

Phone calls and leg work.

[@drwp3nn]

Look up the GIS map for your county/city, find out which zone you’re in, then loop up that zone in your county/city’s site or call them asking for the write up on your specific zone

[@DaabigO]

You just sent me into a tailspin! I was getting ready to do a 1031 with my long term Austin rental property that has three unique rentals on it to my first Airbnb in Houston. I had both realtors ready for the exchange, as well as the exchange company. Then, it hit me! I already have the perfect situation!! After my tenants move out, except one, I'm going to start my first Airbnb right in Austin! The tenant remaining has agreed to stay on site and manage them for me because I live in Houston. Your video on using someone's else's property gave me the idea. I'll use MY property!!!!!! I'm waiting for the county to call me back to see if I can legally do it. Fingers crossed!! Thank you!!!

[@VaronConsulting]

Thanks. Very helpful. Would you be willing to do one on how you review land for tiny homes / unique stays including choosing the location and land?

[@jakehirst9868]

Dang this is such a good video for people looking to get into the air bnb business. Props Rob!

[@lisatom42]

Definitely not a long video! We love hearing more about your process. I’m considering booking a consultation now.

[@sunnyxu1215]

Great video! Just remember to check the zoning regulation there.

[@JeffLifeInReview]

I like the idea of specifically choosing your Air BNB location to match interesting areas. This will help bring traffic for your property on vacation searches where people are more willing to try it out and have a reason to be in the area.

[@bingo01bingo]

that airdna is for $99 a month! and there is now way all utilities/taxes/insurance/HOA will be just 400 a month. that is a significant under estimation

[@tyl3r0531]

Yo these edits have me dying! I don’t know how you have that much energy at 1am haha

[@erichoward8249]

Great vid and want to highlight the importance of using airbnb to individually look at comparable homes to the one you're researching. Sometimes AirDNA lists calculates ones that aren't comparable (negatively or positively) which greatly skews data and provides an inaccurate estimate. This is even more likely to happen if the number of hosts in the area is low to begin with. Just a friendly tip from something I learned while using AirDNA :)

[@trevorrisley5419]

What do you mean by AirDNA?

[@HJorgin55]

So would you say using Air DNA isn't really worth it if its actually more accurate to simply calculate your own comps etc manually? Thinking of subscribing before making a first property purchase

[@ryanbeck7166]

@@HJorgin55If you're going to spend tens of thousands of dollars to get into a property, spending $100 on analytics to help you better analyze a market, is definitely worth it.

[@ryanbeck7166]

@@HJorgin55 There is also Mashvisor and Pricelabs. Not sure which one is better, but I've seen a few other big STR owners using Pricelabs.

[@ryanbeck7166]

Do you have any experience with Mashvisor or Pricelabs? Getting ready to start looking soon, and would like to use the best data source.

[@TheRinconstudio]

Hi Rob Did your monthly expenses of mortgage plus expenses included cleaning, supplies and repairs? It seems about 400 is low as cleaning alone starts about $100. Is this STR for a month minimum rentals? Or does it take into account 4 to 5 weekly or shorter rentals? What’s your take on that? Thank you. Awesome video. I just found you 😊

[@s44577]

A very interesting nugget of information on that Turkey Trot property----Paul Laxalt was the prior owner. He was a former governor, then senator from Nevada. He and his wife Carol used that as a vacation getaway. It was owned by them (her/their estate?) until just last year. Enjoy and congrats on your find there!

[@Tacos888]

Nice

[@JamesAndrewMacGlashanTaylor]

Rob, can you do a video on how to analyze raw land for short-term rental and/or glamping villiage?

[@longchuanli943]

Where are the costs for cleaning, supplies (coffee, toilet paper, etc.), maintenance, capital expenses?

[@buildfixflip]

That will be hard to know. We think it varies by property and the size, how high end you want to go with your coffee, are you doing all natural cleaners or typical, finding a cleaning crew you can trust and does a good job could vary. Do you have a short term rental? Maybe we could help you breakdown the costs.

[@jeanpaul6545]

were you ever able to gather those numbers even if they are ball park

[@theaggrodude]

I have watched every one of your videos and this is by far my favorite. Keeping rocking it Rob!

[@lexiegorham9637]

The interest rate needs to be ran at a higher interest since it’s an investment property. This being ran at 2.6% wouldn’t be likely, more so 4% interest rate. Closing costs are also typically 2.5-3% of the purchase price. Great Channel, great info! Just wanted to throw that out there.

[@vintagemotoseattle]

i have to admit when i saw his numbers of "your mortgage would be about 1150......" i whispered to myself. riiiiiiiiiiiiiiiiiiiiiiiiiight." lol. At any rate, you're still likely good at his 2k a month number since he rounded up.

[@somthingrandom208]

I have some investment properties with interest below 3%. A few years ago I'd have agreed with you, but I think a lot of people in real estate took advantage of the stupid low rates in the last 12 months to refinance properties at really good rates

[@dunerider88]

@@somthingrandom208 I'm a loan officer in California and I can confirm, investment property rates are indeed in the mid 3's right now unless paying points to get below 2%.

[@MTV112]

Probably closer to 3-3.5% maybe 4% worst case. Depends on the deal though

[@MTV112]

Also depends @ closing costs. In this market yes. But I’m general it might be covered by the seller to an extent

[@REQtip]

How do you manage your properties when you are looking in new areas? Who takes care of the renters' issues (clogged plumbing, wifi out, etc) especially when properties are remote? Do you hire a property manager?

[@joslynmeeker9322]

This video is fantastic. I would love to see comps using your existing Properties

[@SensatiousHiatus]

Front Royal is an Appalachian Trail town as well. Many Appalachian Trail thru hikers (people attempting to hike the entire 2,200 mile-trail) will stop here to resupply and sometimes get a hotel/AirBnB for the night. I stayed there on my AT thru-hike in 2015.

[@tinachxx110]

Please let us know if you ended up buying that property or any other property. Love the way you did this analysis. Now the follow up question that I have it you did buy it is how did you get it up and running for Airbnb. Especially since you don’t live in the area.

[@juliaisabella3000]

Thanks, this video was very informative. I don't think you should worry about the videos being long when you are providing really essential information. In fact, 10 minutes is probably too short. Great video!!

[@aknorth1053]

I may have missed it but were the costs associated with having someone local to clean and manage the property accounted for in the expenses? If not I could see that having a big impact on the calculations

[@PrimitiveMLG]

Those fees are typically charged to the guest

[@gathercreatelivewithleslie8340]

Still making my way through your videos, but would love several videos on what you would change in a new property that you get, why and some decorating tips. I loved the Joshua tree property decor.

[@jasonmcclune4717]

Thanks for all the info Rob. My wife and I are about to pull the trigger on our first property for short term rental. Your content is very helpful. We just spent a long weekend in the Shenandoah Valley near Charlottesville. There is a thriving wine/cider/beer/liquor tasting industry in the area. Huge draw for people with money. If you haven't bought in the area yet look into Rte 151 south of Rte 64. Mini bus tours are running every hour to multiple places. It was busy in March with standing room only with bad weather and Covid. Based on how their set ups were at the tasting places, they are prepared for big crowds. Good luck!

[@makakoloa211]

Thank you for this! I’d love to see you analyze more properties ranging in different areas.

[@the_om_project]

Same here. I’d love to do this too someday but it does feel scary to start. Love the vids.

[@jimpiety]

Fantastic video Rob. Thank you for all of your awesome content. Are you still self-managing? Or do you factor in management costs (20%) into your expenses?

[@jeffnelson2936]

Hey Rob, love the videos! I would love to see a video on how you navigate the local airbnb permit and restrictions in each area. Thanks!

[@brandongrennan7602]

Such great content! I recently spoke with a savvy investor near me who ran a few quick numbers by me for how much she makes on owning 1 AirBNB. Amazing margins so I am all in on Short-Terms now!!

[@johnjones9387]

Enjoyed your video. But I noticed you didn’t list tax, insurance, Managment, and maintenance in you expenses. Also, are you buying this in your name or a business name, it makes a difference? While videos like this are ok , but it is not a total breakdown. Like he said in the beginning, do your research. I wold appreciate it if you would respond or give a link explaining a total breakdown?

[@Kitzus]

As a long term residential property investor this has definitely been an eye opener on short term rentals. Hope to add something like this to my portfolio in the near future

[@jawwadsabir4620]

its hard to scale with this. That's what I did and got back to long term. I have 59 units and counting and they are far easier to manage than the airbnbs I had. If you wanna scale: go long term, if you wanna do quick money, do airdna but you will eventually grow out of it.

[@anthonys.621]

the AirDNA site was an absolutely killer recc. making me think hard on your class bro!!

[@jennystanton2086]

Great video, thanks. I'm interested in hosting airbnb. I'd like to know about doing my taxes while earning $$$. & do I need an LLC???❤

[@abcphonicslearningjourney2086]

Love you made it’s makes sense to beginnings. In your opinion, at what percentage of occupancy would you consider worth investing?

[@jkarpieszuk]

Ok, how do you find the team to help you run this whole process? In your opinion, being LA-based how many people would you hire and how would you hire them to take care of your property? how do you run quality control that things are getting done and your guests are having the best possible experience?

[@sharonlynn272]

Great job, I REALLY like that you jumped right into the material, refreshing! Also you expressed some vulnerability about your journey, also very cool. I will def look forward to more videos.

[@jillmandley234]

AHHHHHH!!! KIDNEY STONE! LOL! Figured if you could yell at the beginning of the video instead of a joke I could comment a random thing! I did not know about AIR DNA! Awesome sauce. I am so excited about your program. I bought day two I believe and then literally got 4 KIDNEY STONES. Weeks later just getting back to normal and caught up on life. So I am going to be starting the classes tomorrow!! Do Over!! So ready to press play and import all you brainy cranium bits into my cranium!!!

[@brandotex]

This is a great video Rob! Great analysis

[@brandotex]

And dont forgot the 10% down products, I am a newbie looking in that direction

[@taviaredburn8565]

I love seeing your thought process analyzing properties, would love more like this!! Thank you!!

[@lrg256]

I like how to demonstrated the research portion. Do you think Mashvisor is a good tool?

[@uteboard]

I've been using airdna and airbnb to research my potentials deals for a long time now, basically just like you showed. Except, I never new about the rentalizer calculator. Honestly skipped this video for a few days because I know I have a good handle on deal analysiseses (analyses). Just proves yet again you are never too smart to lean something new. Thanks for the videos, man. Keep up the great work.

[@Robuilt]

Aw nice! In my opinion, it's the most important tool-especially since it's free!

[@susanpratt3290]

Last time I took a trip to the DC area, I also stopped and at Williamsburg, VA, I am sure you have heard of it, and it is really neat place. My family and I went there when I was a kid. Jamestown, and Virginia Beach is another stop in that DC area.

[@02otayloro]

I live in the DC metro area and I've also been looking around the shenandoah park area. My suggestion is the Luray, VA area because they have nice attractions.

[@marcj3757]

I'm in the DMV area

[@vintagemotoseattle]

I really want to send a thanks. I was hooked the moment you said analysis paralysis. Because my wife and I are beyond ready to buy. we have our "20% plus 20k" we've been told to have ready. We live near Seattle. We've been looking in Northern Idaho, Western Montana, and even recently North or South Nashville areas. After watching your video, i can see what you mean about (4-6 hours drive at 70mph, is probably far enough). So we're going to skip TN for now *tear* thank you. Darren

[@lagflu]

About to jump in the game, trying to make sure I don’t fall into analyzes paralysis. Thanks for the content!

[@PegaFemBlog]

I had been looking for someone to explain simple analysis of a potential STR and wound up on a loop with gurus that want to sell me a course. Thanks so much for the information, it is much appreciated!

[@HJorgin55]

To be fair it looks like Rob is also trying to sell a course. hostcamp or glamcamp. They may be worth it but still trying to determine...

[@josiejq]

new subscriber here, this is the in depth, follow-along video i need in my life!! I've been wanting to turn my house into an Air Bnb for so long but was always afraid, and had what you call "analysis paralysis". I'm taking notes, researching, and going to take the plunge. THanks so much for your advice and love to see more in depth follow along videos like this in the future!!

[@kencampbell2996]

I've been looking in to this process for a long time, but have been hesitant to make a move. I think this info is the missing piece of the puzzle. Thanks!

[@socalstr]

The house you found is amazing with mass potential. Great find. However, it has an HOA. Which makes it DOA? Also, does it bother you that it traded for half of the current asking price only 5 months ago?

[@HJorgin55]

Wait what? The house he sampled in this vid has an HOA??

[@YELLzeyLauren]

great content Rob, thanks! I'm looking for my 2nd investment property / first AirBnB - definitely do not want to get stuck in analysis paralysis. Would love a video about the lending side of things; what to do to be sure to get approved for these multiple mortgages.

[@boomknight1015]

When I checked Airbnb I saw many listings is just not cool looking homes (Many needing updates) so Airdna will be a bit lower because it doesn't know how good a place looks. It just pulls numbers from what the area is doing.

[@lindseyrummel]

I absolutely am loving your channel. We are about to purchase our first airbnb and we have already learned so much from you! Do you have a money allocation structure or spreadsheet that you use? We sat down today and tried to apply percentages to each management expense and could really use some guidance! Thank you for sharing all of your experience and knowledge! 🤗

[@danielashman1753]

Super helpful seeing the specifics of how look at the numbers, use AirDNA, and the specifics of how you analyze the comps on AirBnB. Thank you!

[@elirappaport2153]

@rob- whwn calculating the cash on cash- why did you not factor maintenance and cleaning into the final returns? Also- if the host doesn't live nearby and needs to hire a manager that will eat into the profit as well....please advise. Thx

[@kimberlysmith6582]

Is it really THAT inexpensive to find reliable and thorough cleaning crews and decent maintenance techs? Your expenses are so low. What about insurance, heating, electric, water, sewer, trash? What am I missing? 🤔

[@DatFabric]

Crickets

[@kevinmitchell9218]

You can find decent prop management groups for 8-10% of top line revenue. The remaining overhead usually depends on the square footage of the unit(s). Usually a 1,500 ft. unit will have a total $200-300/month in utilities + sewer + trash (max) and then just scale from there. Insurance (property and home insurance ) really depends on property value and location, but just estimate 2%

[@tylersmith7054]

If you're starting out, do your own cleaning and prep. Build your knowledge of the entire business, including the unglamorous parts. Learn how to crush the customer service side. Under promise and over deliver. Once you have your baseline of experience and reviews, you can scale up if you want. You'll likely already know expenses in your home market so it's my opinion that it's the best place to start. It doesn't matter where you live as long as it's big enough to have a few hotels. Someone is visiting for some reason or the hotels wouldn't be there.

[@kevinmitchell9218]

@@tylersmith7054 Good nuggets. For me time is money and I'd rather outsource and learn who to hire lol.

[@sebastiantevel898]

@@tylersmith7054 "If you're starting out, do your own cleaning and prep." No.

[@guydacosta8239]

Great video. I learned so much stuff. Thank you, Bob. I've been following you since Bigger Pocket. love what you doing. keep doing what you're doing brother.

[@alexnickla4223]

Rob, solid video man. Thank you! Question. Can you break down a detailed explanation of monthly + annual expenses. Like with a LTR, there’s a factor for repairs, maintenance, capital expenditures, etc. What numbers do you use for repairs, maintenance with an STR since the turnover is different than LTR’s. Also, anything else you recommend including in monthly costs? The 61% sounds phenomenal in this video example (and I get it for the sake of shortening the video up), but there’s definitely more expense involved on a monthly basis besides utilities. Thanks so much for what you do man!!

[@alexponce761]

I learned that Robs brain still works great at 1 in the morning... Analyzing machine!

[@TheRoadLessTraveledShow]

I noticed in your manual review you didn't really account for seasonality. I imagine the Shenendoah area drops drastically during the winter. I'm assuming AirDNA accounts for this in its annual projections?

[@Robuilt]

Yeah it does. It gives you the average year round occupancy rate.

[@amandaw6142]

I have been enjoying your videos and forgive me if you already did one covering this, but how did you finance your first investment property? I enjoyed seeing how you broke down ROI and the thought of making back our initial investment in the first couple of years is amazing, but shouldn't we also calculate in the other costs besides closing, down payment and furnishings? Cost of utilities, taxes, maintenance, etc? Thanks again for all the good info!

[@jeremyferguson9292]

Great video and very informative. How do you automate things like setup and design of a new airbnb? Cleaning? PM or boots on the ground to assist a guest if they need something?

[@Yeuanhat]

You didn’t add the expense of renovation in ur analysis?

[@ArielleTillett]

the algorithm is definitely working! I recognized you from tiktok! :)

[@JacobVoncannon]

On the Regular get over 20% CoC on long term rentals. Typically do a decent sized rehab with a hard money loan and then refi into a 30yr fix.

[@VaultBoy1776]

A $2k class is more of a barrier than overresearching. Cmon mate

[@moderndilettante6896]

I agree with you, as a Finance major with a minor in commercial real estate, I find it hard to believe that a 2k class from a relatively unknown person in the RE world will yield the results that he promises. Once he said that he used to make like 170k all in with his partner it made sense to me, most people don't have that capital or credit to start these investments. Being at 170k puts you in the top 15% of household incomes in the US which leads to banks and governmental entities being more trustworthy therefore allowing these kinds of investments. The average individual income in the US is 36k and the household is 69k, pricing everything in you are left with little to no cash to do these investments, MOST of the population falls under the reality that 2k in courses of things you can't do won't do much for you. AND for those that have the capital, we most likely can ask around our peers and understand the market better along with having the advantage of the capital needed for these kinds of investments.

[@VaultBoy1776]

@@moderndilettante6896 I don't remember him making any promises, but more to point of referencing his own experience. I like Rob and I like the concepts he's contributing. I think he's being genuine, which is important. There was very little information conveyed about the $2k class even on the website hopefully it doesn't come with a prince needing $$ in Africa as soon as they take their rightful place as king we'll all be millionaires. Building value when selling a $2k online course from a guy on KZbin, is a trick (by that I mean hard to pull off). I do invest in my financial education regularly. It's all about value and ROI. RE is about to see a massive correction, so valuations will change dramatically soon. Thank you

[@moderndilettante6896]

@@VaultBoy1776 He doesn't make promises because he would be legally responsible for the failure, but the tactics employed to sell his course raise massive red flags. Let me explain, Number one, Limited time availability. I do believe that when he released his course the subscription period was 1-2weeks, this creates a sense of urgency for the buyer that if they don't buy now they might miss on the opportunity to do so and it is a known tactic for scammers. Number two, the lack of available information, like you said you have a general idea of what the course is about but what you really want to know is not there, a rational buyer will usually understand the product that they are receiving and will make a purchase based on that but the premise of this course is "trust me, bro, I know what I am doing." and you are paying for a promise, not a product. Last but not least, arbitrary discount and pricing, Rob states that he is giving you $5.5k value of educational resources for $2k, to me this is bullshit, like how tf did he get that number and valuation. I have seen courses in skillshare from real investment bakers or asset managers that are verifiable and hovering around $200 which teaches you hard technical skills to understand the numbers and investment philosophy. I have personally bought courses from individuals much like Rob but they check out when it comes to professional experience and I was able to check out their schooling along with the places that they worked at, not only that they were much cheaper! Stating that they are giving you 5k of imaginary value for 2k is a way to make you feel comfortable that your expensive purchase is actually worth more than what you are paying hence pressuring you into buying it. I am in no shape way or form calling Rob a scammer, his free info and youtube videos have allowed me to explore ways to diversify my wealth, but the tactics that he is using to sell his course are scummy and well known in the financial world hence why I am giving it a hard pass. I congratulate you on your pursuit of financial knowledge and your skepticism on things like this will take you far! power to you and good luck!

[@willrawlings9483]

How do you determine specifically what a furnishing budget should be? Cost per SF? Another method?

[@Palpatine4Senate]

What a good question. I hope Rob sees this and reponds.

[@Ali-ox2vb]

What about the costs of property management , also estimated property repair costs. Also I imagine there is more start up costs besides furniture, professional photos ... etc plus not sure if I missed this, are those numbers after the Airbnb fair is accounted for? Also I noticed we didn’t account for cancelations, I am sure there is a consistent percentage of cancelations. I would love to see those numbers accounted for.

[@eugeneschweizer3294]

How are you able to assume an 80% occupancy when only looking at the summer months. I am sure that there isn't close to an 80% rate in the winter. Thoughts?

[@mikeschwamel3084]

Great video! Do you make offers on houses out of town without visiting them after you review the numbers?

[@Adicrz]

I run an Airbnb w/30 day minimum (due to HOA) and have had success, profit of anywhere between 1500-2k a month, I only paid $1900 down to get this house! I want to quit my pt job and go full on RE investing & really want to get into the STR game. What do you do for loans? I own 2 properties in the west coast, truthfully speaking buying another here just isn’t on my side as real estate is extremely expensive so I’m looking outside of the wc, would I be able to get a loan using a HELOC toward a down payment? I am also on my way towards being a RE agent and am hoping to start a property management business that focuses on STR here in my home state (WA). I appreciate all of your videos and advice!

[@d.vaders1178]

Even better…consider a trade in kind for professional work like photography, landscape design, interior design. Especially if you know someone or are even just acquainted…ask them if they would like a 5 day at your house in exchange for the photography etc. we booked our first year out without professional photos but I want to elevate everything to gain revenue and exceed our 85% occupancy at higher rates. Mr has had the same lady do his hair for 25 years. Her hubby’s a photographer, we have hired him before for other things. She said last hair cut how they need a vacation so desperately. Guess what…we got a trade worked. It does not always take cash.

[@EverydayMoney0]

We were about 23k into an 80k 3 unit triplex that grossed about 24k annually. Expenses ran about 50% for about a 50%CoCR. It was a bit of a unicorn but we recently sold that to get into Gatlinburg STRs!

[@Sundazs]

He mentioned STRs were getting difficult in Gatlinburg. How come?

[@EverydayMoney0]

@@Sundazs prices have gone way up and demand has skyrocketed. There are usually multiple offers, many of them over asking, and some of them cash. It's just a really competitive environment.

[@coal.sparks]

Wait. You do this several times a day? How do you not have more rentals then? I'm confused! This was actually the most useful video I think you've made, because it walked us through your thought process... would love to see you analyze something that turned out to be a "nah, I'll pass" type decision, just for reference, to see where the line is for you.

[@JordiT-ij8rn]

If the calendar is showing booked on Airbnb, does that necessarily mean that it’s booked or unavailable? For instance if someone lives there and the house is not available at that time, will the calendar look the same as if it is actually booked through Airbnb?

[@carpediem4413]

If you can’t see winter (low months), how can you estimate what total annual occupancy is?

[@marcelmp_]

Hi!, I'm from the DR. They taught us that Columbus arrived in San Salvador (Holly Saviour I think is in English) first and not in Cuba. Still, I loved the video and the editing. Amazing work. More videos like this please

[@letsjazzitup]

will your campground be off-grid or have water hookup/electricity? Im now looking at empty lots instead of houses to places an extra tiny home in tennesse. Trying to decide to invest based off if utilities can be on the property I started looking in shanandoah 1 year ago, but realtors told me you had to have 10 acres to do a tiny house airbnb :(

[@briandarling2979]

Hi Rob, I am looking to jump into the AirBNB business with a significant property. One thing I had a question about was your analysis. You didn't add the costs of the improvements to the home you would need to make. Was that an omission? Or because they are renovation costs they are not treated in the analysis for the COC? Thanks for your great videos !

[@jeromesurio2682]

I admire you. I started saving to do the same thing as you do. And you inspire me even more.

[@judgemorris]

Appreciate the videos bro. Useful info. Hoping to get into Airbnb rentals one of these days.

[@samcolin8559]

By looking at the availability calendars in AirBnB, how do you distinguish between number of bookings, or if they have just locked off certain dates to stay there themselves?

[@gneboardins4]

Appreciate all the videos, especially this one as I”m looking at purchasing my first investment property to rent out.

[@randys9541]

I’ve been watching a lot of your videos lately. This was a great one!

[@tiaanmoggee6786]

VERY helpful video Rob! Thank you! I'm using your airbnb link now to start my daily rentals venture...

[@MatisMedia]

What makes a good deal when looking at Airdna?? should the occupancy rate be over a certain value ? should the revenue be over a certain value ? is it both ? is there a rule of thumb for this ?

[@SKDating]

Do you have a video on selecting a property management team, or someone to deal with upkeep of Airbnb? That’s the only thing holding me back. It seems like it could be pricey..

[@MTV112]

ga is going to be a hot spot. north of atl. As we get out of the covid life- everyone is moving here or staying here 💯

[@MTV112]

Issue- very expensive

[@jabernal22]

Great video thank you so much. I'm actually looking in getting my first short term rental property. this is super useful. I'm having a hard time finding out if a city has short term regulations. How do I find out if a city has short term rental regulations?

[@gathercreatelivewithleslie8340]

Yes, would also love this info, who do you call?

[@chobaray]

THANK YOU ROB MAY GOD KEEP BLESSING YOU

[@LivingOffRentals]

I just made an offer on every cute house in Shenandoah! Just kidding bro!😃 Great video! I’ve been buying just outside the newest National Park, the Indiana Dunes and it’s been fantastic!👍

[@ExpressionsofAwakening]

I have considered northern national parks but doesn't that limit you to mostly only the summer months for occupancy? thanks

[@LivingOffRentals]

@@ExpressionsofAwakening You would think that, but people travel year-round to this area. We are in Michigan city, Indiana and there’s a big outlet mall, a higher end casino, wineries, shopping and restaurants. We’re also in between Chicago, Detroit and Indianapolis, so it’s the perfect staycation location. It’s a little bit slower in the winter but we still book up pretty consistently!👍

[@imeldainterino7747]

If I sign up with you for my listing, will I get the customer's review on my Airbnb platform or will it go to you?

[@primedirector4908]

The realtor for Turkey Trot owes you a commission

[@incotaku]

I see 63 Turkey Trot Rd was sold, but I can't find it on AirBnB. I'm wondering what happened to it ...

[@CjSalvador]

Awesome video Rob! I just became a host on airbnb and listed my first listing a few weeks ago. How do I get you to become my ambassadar?

[@dunser21]

Love the new knowledge as always Rob, can’t wait to get my 1st property this fall and use everything I’ve learned from you. Also have my call for host camp next week!

[@wygiywgi]

I'm sorry for not subscribing to your channel before. I apologize for underestimating how useful your videos are. Thank you sir! 🙌🏽🙏🏽