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@michaelwaller3585Ай бұрын
Great video Kirby. One other thing to note is that another area AirDNA does not capture well are the nuanced regulations of different markets. For example, Wisconsin Dells is a notoriously challenging market for short term rental investing due to heavy regulation as the large water parks with hotels attached to them strongly influence the actions of the local government as they are such an economic force there. It makes you wonder what information on regulation AirDNA is even considering for the ‘regulation’ portion of their Market Score as it is such a significant barrier to the Dells market yet you wouldn’t know it by looking at their rankings and the market score of Dells.
@LivingOffRentalsАй бұрын
This is a great point! It's super important to understand the regulations in the area before investing. I often see some of the best deals just outside of the most heavily regulated areas, so you can use the artificial constriction of supply created by the government to your advantage when buying a deal just outside of these areas!😀👍