All Forum Posts by: Sergey Spisovskiy

I have several airDNA subscriptions (investment explorer, daily future feed, market minder ETC) and the biggest flaw in their data is that they can't tell if your property is booked or blocked - they count both as revenue. 

This is a huge problem in college/sports towns because the nightly rate for game days are sometimes 10x a nightly average! What you end up with is properties with 100K in projected "revenue" when in reality their renting 12 nights a yr for $1,000/night. 

The most effective way to use their data is to pull a data set of listings that don't block dates. 

Hope that's helpful - always remember the golden rule. If it's too good to be true, it probably is. 

@Syed Lateef  

Hey, really appreciate your insight! I have been looking into multi unit buildings in Chicago for about a year now and here's my hang up - with what buildings are trading at (I'm searching in Wicker Park, West town, West loop-ish) the opportunity to make a killing off offering STR units are impressive if you STR most or all of your units, however, if Chicago limits you to one unit per building you're back to making marginal returns.

I've recently purchased an airBNB SFR in southbend, IN and am doing a flip in the meantime but I'd love to hear your perspective on the long-term viability of your model.

I'm my calculations AirBNB or short term rentals could get you the difference to being cash flow positive. Who's to say that you don't airbnb all 3 units of a 3 flat? That's one of my strategies in Chicago, since prices are high but occupancy in "b" neighborhoods can be as high as 80%.

Hello BP! My partner and I are looking to make an investment in Florida and have picked out 12 or so properties to look at between west palm beach and sunny isles. This is our first visit looking at properties but we are ready to make a move on the right property. We plan to fly in this Thursday (march 9, tomorrow!) late morning and will be available Thursday, Friday and Saturday for showings. Asset: 2-4 flat Price: 200-400k I'm hoping I can connect with someone that's available on such short notice and knowledgeable! Thanks! Sergey