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All Forum Posts by: Briana Smith

Briana Smith has started 5 posts and replied 16 times.

Post: Airbnb in DC

Briana SmithPosted
  • Posts 17
  • Votes 6

Got it. So, general consesus is that people may just not be following the rules lol. I just find that so hard to believe because with the airbnb app it is so easy for the city to track, and then fine people. The fines are hefty too so I would expect they would go through the effort of catching people and cashing in on that. Anyways, thanks for the feedback here. 

Post: Airbnb in DC

Briana SmithPosted
  • Posts 17
  • Votes 6

Hey @Nicole Heasley Beitenman I have been searching high and low for local meetups to network with people, but unfortunately every time I try to join one they are either 1. exclusively selling training or 2. won't allow me access unless I am a verified AirBNB host already.

Post: Airbnb in DC

Briana SmithPosted
  • Posts 17
  • Votes 6

Hey! I am looking for leads for cohosting and rental arbitrage in the DMV (DC, MD, VA) area. After doing analysis, it looks like the best way to make a good return is to try an STR in DC proper, but when I look up regulations for DC the verbiage is as follows.

"A vacation rental is a type of short-term rental that allows a host to offer fee-based lodging at their primary residence without being present on the property e.g. use of the entire home. Cumulatively, vacation rentals cannot exceed 90 nights in any calendar year, and each rental is limited to 30 or fewer continuous nights."

I am confused because when I go onto to Airbnb and AirDNA it appears that there are several listing that are killing it with high occupancy rates and definitely renting the place out more than 90 days. Am I reading the data wrong or misunderstanding the guidelines? Also, if anyone knows someone that is doing STRs in the DMV area or an owner who is trying to get into it, please connect me. I would love a local mentor or possible client. 

Ya so I wasn’t expecting some magic prediction of the next hottest market but i was looking for a way to search Airdna and sort by the “rental demand” or the “investability” metric.

AirDNA does have this report, but I am not sure everything that went into it.

https://www.airdna.co/best-pla...

Hey! I am just starting in STRs and trying to pick the right and maybe out of state market. Is anyone/everyone using costly analytics like AirDNA and STRinsights? I have learned through research how helpful and accurate they can be, but I was wondering what people's thoughts were on comparing them to awning.com which is free. 

Also, airDNA is great when you know what market/city you want to look for, but I don't see a way to search by "Best STR market" or "Highest Rental Demand" to help you find a hot or the next best market.

The Short Term Rental Secrets Podcasts and Website by Mike Sjogren is pretty great for learning a ton and hearing from big players in the market that started from nothing.

https://open.spotify.com/episo...

https://www.strsecrets.com/abo...