What Michael is telling you is that the conversion rate on Airbnb (I add: at launch) is not totally meaningful for your business and he's right, but it is what it is: conversion rate for airbnb during launch period, valuable as such.- It's just one metrics not enough by itself: You can have a good conversion rate on airbnb but not enough views and end up with low total occupancy rat.- You may have a minimum night = 1, that will generate a lot of views and even bookings and a high conversion rate but won't necessarily lead to a profitable business (too much work)- You can have a low conversion rate on airbnb but still have a high occupancy thanks to other channels: Vrbo, direct ads, ...- IMPORTANT: Airbnb boosts new listings aggressively, both by direct emails (they send to all visitors who looked into your market, saying hey check these new listings including yours) and by ranking you higher.

If your loan officer does not offer both and cannot explain to you in meaningful ways the pros and cons you will want a new loan officer.The biggest pitfalls I see from newbie investors are:Using a Realtor that is not an investor- most choose a friend, family member, or and while those people may be great to work with for a traditional home they will often not be able to help you find a good investment, and then what's the point.Using a Loan officer that is not an investor-  I see this all the time and I just have to shake my head. 

Being unable to easily visit my target market to network in person (Indianapolis) for meaningful lengths of time, I overcame this by networking with an investor who lives near me and is successfully investing long-distance in Indianapolis.

We all specialize in self-directed retirement plans and can provide you with meaningful information on the topic. 

As an appraiser, in addition to stating a computer program is only going to get you so far, I would add that all data is good data, but some data is more meaningful than other data.What I mean by that is, Zillow and ALL other data sources are fantastic in the sense that you are actually getting some data you did not have before.

Expressed another way: You're borrowing at 4.375% but "lending" the bank money at 0.4%, the spread between those two %s is basically what the financial sector is extracting from you each year on the sum of money equal to the lesser of the two balances ...

I thumbed through it and quickly determined that this simple Simon leaflet of a book couldn't actually offer any insight to my life that could truly be meaningful.

. - A Framework for Understanding ( https://www.biggerpockets.com/blogs/11554/81121-a-... )In an effort to become a meaningful contributor within the BP Community, I can share my knowledge of delivering educational content for college business students.

I left my media executive job in LA and co-founded a media advisory firm, and it's been a BIG awakening at the new financing challenges it's created, even with meaningful income for our first 18 months in operation.

When someone is "down on their luck", it is often meaningful relationships that will help them the most.