Santa Monica master leases maintained near 100% occupancy over three years
Scott Shatford · 1432 $100M/Day In AirBnB Bookings, He Makes $375k/mo Selling The Data · Jun 26, 2019 · at 4:45
Scott Shatford, founder of AirDNA, discusses the occupancy rates of his master-leased Airbnb units in Santa Monica.
0:00 / 0:03exact quote · 3.1s
720p mp4 · rendered on demand · StarZero watermark
“I was pretty close to a hundred percent over three years.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Scott Shatford
Airbnb's Smart Pricing algorithm underprices rental properties by 20% to 25%
“Our general kind of analysis shows that, you know, they're underpricing properties by about 20 to 25%.”
Airbnb's gross booking volume is approaching $100 million per day
“It's probably close to it's getting, it's approaching a hundred million dollars a day. I would say going through Airbnb.”
AirDNA trades free analytics for direct data from large property managers
“There's lots of sources, you know, it did start off as a scraper. But then, you know, as we had all this great data, we were able to sign partnerships with other software providers. So we'll sign deals with that channel managers or large property managers. To …”
Santa Monica master leases generated $8,000 monthly on $3,000 rent
“You know, there was this huge opportunity to kind of rent properties for 3000 bucks and rent them for 300 bucks a night and make 8000 dollars a month on those properties.”
Master lease in expensive coastal markets; buy properties in cheaper regions
“In the very expensive markets, you know, like a New York, San Francisco sort of markets, you know, leasing, and there's a lot of money to be made leasing. But you know, in those cheaper markets let's call them like, you know, Nashville places in the South, you…”