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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

The Airbnb Collapse Is Near | Airbnb Bust

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Wholesaling Real Estate, Business, Investing, Rental Property, Real Estate, Real Estate Investing

2.5884 Ratings

🗓️ 15 November 2023

⏱️ 83 minutes

🧾️ Download transcript

Summary

In this episode featuring Ivan Tejeda, the discussion delves into the nuanced world of Airbnb business strategies. We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt -- Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/ Would you like our team to help build your personal brand? Apply to join Pineda Media at h...

Transcript

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0:00.0

Alright guys so today on the podcast we have a very special guest and there's a lot of

0:05.5

confrontation that's about to happen so let's just get right to it.

0:08.3

Ivan. What a way to start the pod I love it dude.

0:12.3

Ivan I need to know I love it, dude. Ivan, I need to know. I love it.

0:14.0

What is going on with the air B&B market?

0:16.0

I think it's crashing. I think it's burning.

0:19.0

Everyone, no one's making money.

0:21.0

Nobody, including myself, bro, like I'm here because I need to make some money.

0:23.6

Like you have any job openings dude? No. Air B&B arbitrage is done. He said no. Everyone's like

0:29.2

75% down on their revenue like what is going on right now I mean I don't know about

0:33.9

everybody else honestly but you know I'm not losing that much money okay I don't know if

0:39.2

people are just not doing it right or what the deal is but you know our students in Pro Host are you know a lot of them obviously are adjusting a lot of them are just getting started as well

0:49.5

But we have people that are like 100% books a month.

0:53.0

You know, the strategy is, I guess I won't give the strategy right now.

0:56.5

Stick a little longer, but the idea is that you need to really pay attention to price strategy, number one, right?

1:01.8

And then also not just focus on

1:03.4

short-term rentals, but also think about midterm rentals. So you know when you

1:08.4

put your when you position your listings to cater more sort towards

1:12.0

midterm rentals people that are working travelers,

1:14.7

travel nurses, you're able to really tap into a higher occupancy than if you're just doing

1:20.4

two or three night stays. So is that what you're doing now so did you

1:24.8

switch from doing short-term rentals to midterm rentals? So I've always had a

...

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