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Updated almost 2 years ago on . Most recent reply

User Stats

34
Posts
25
Votes
Ryan Cousins
  • New to Real Estate
  • San Diego, CA
25
Votes |
34
Posts

BRRRR Into an Airbnb

Ryan Cousins
  • New to Real Estate
  • San Diego, CA
Posted

Hi There! My self and two other partners are looking to get a property in AZ in the next month or so. We are looking into going with a BRRRR into Airbnb method. My focus areas are Chandler and Mesa.


My questions is how competitive is the AirBnb market in Phoenix? I have read many articles with how many there are and how saturated it is.

Most Popular Reply

User Stats

744
Posts
496
Votes
Chad McMahan
  • Residential Real Estate Broker
  • Sedona, AZ
496
Votes |
744
Posts
Chad McMahan
  • Residential Real Estate Broker
  • Sedona, AZ
Replied
Quote from @Ryan Cousins:

Hi There! My self and two other partners are looking to get a property in AZ in the next month or so. We are looking into going with a BRRRR into Airbnb method. My focus areas are Chandler and Mesa.


My questions is how competitive is the AirBnb market in Phoenix? I have read many articles with how many there are and how saturated it is.

Hi Ryan.
Be very careful about buying a STR in a city. There are a lot of low occupancy STR's in cities, because the supply greatly outpaces the demand. I recommend a smaller destination location if your goal is ROI.

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