Two Sides of Airbnb
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 22 September 2024
⏱️ 28 minutes
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| 0:00.0 | There's a larger number of short-term rental hosts that are professionalizing in the industry, |
| 0:06.0 | and a battle that they're fighting, I think, fairly quietly is on how do they get shipped those bookings to other sites like Burboo or can they book directly? |
| 0:15.0 | I'm Ricky Mulvey and that's Bigger Pocket's CEO Scott Trench. |
| 0:22.0 | He leads a company that aims at |
| 0:23.4 | democratizing real estate investing. Scott is also the co-host of the |
| 0:27.1 | Bigger Pocket's Money Podcast and today's show is an edited recording of our |
| 0:31.4 | collaborative live event with them at the Denver Press Club out here in |
| 0:35.0 | Colorado. Mary Long hosted Scott and Motley full analyst Alicia Alfieri for a look at both |
| 0:40.1 | sides of Airbnb is a stock and as a real estate investment. |
| 0:48.5 | Scott, you and we were all talking beforehand and you said that you had some you had a good overview of |
| 0:53.4 | kind of like the market sentiment and how investors have have been feeling |
| 0:57.9 | about short-term rentals over the past couple of years so you want to kick us |
| 1:00.6 | off by giving us a sense of what that looks like. |
| 1:03.0 | Yeah, sure. So in the real estate investor community in 2019, nobody was interested in |
| 1:07.8 | short-term rentals. We pulled our audience and said, what's the strategy you're going to pursue? |
| 1:11.1 | 5% of them said they were interested in short-term |
| 1:13.7 | rentals. That carried through to December of 2020 and in 2021 and exploded. 20% of |
| 1:21.1 | our members became interested in short-term rental investing. |
| 1:24.0 | That jumped to 23 or 24% by the next year, |
| 1:28.0 | and it's receded back to about 18% of our audience |
| 1:31.0 | in the last year, and I bet you when we put on the poll at the end of this year, |
| 1:35.0 | we're going to see it in the low teens. |
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