Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 2/5

Keene: 80% of Airbnb hosts are not running it as a business

Andrew Keene · EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene · Dec 8, 2016 · at 6:44

Investor Andrew Keene contrasts casual room-sharers on Airbnb with commercial real estate investors seeking cash flow.

0:00 / 0:04exact quote · 4.5s
720p mp4 · rendered on demand · StarZero watermark
“80% of everybody that has a listing at Airbnb aren't doing it for business.”

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 Andrew Keene

Assertion Not checkable as stated
Keene: San Diego and Miami are the most profitable Airbnb markets
“Basically San Diego and Miami are the most profitable places for Airbnb.”
Andrew Keene Dec 8, 2016 ▶ 4:26 EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene
Assertion Not checkable as stated
Keene: Smaller markets like Cleveland generate higher percentage Airbnb returns
“Profitability wise as a percentage, like smaller places, actually like a Kansas city and Cleveland are going to be better percentage wise, but I don't really want to be there or like own places there.”
Andrew Keene Dec 8, 2016 ▶ 4:42 EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene
Prediction Not checkable as stated
Keene: San Diego Airbnb condo will yield about 35% cash-on-cash in 2016
“My return on capital probably this year will be about 35% of the money that I put down. That's without even appreciation of the unit.”
Andrew Keene Dec 8, 2016 ▶ 4:53 EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene
Assertion Partly supported
Keene: Airbnb Superhost status doubles your chances of getting booked
“You're twice as much, quite as twice as a chance of renting your place out if you're a super host, because then they basically advertise for you.”
Andrew Keene Dec 8, 2016 ▶ 6:21 EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene
Assertion Not checkable as stated
Keene: Most San Diego buildings ban short-term rentals through HOAs
“So most buildings in San Diego, you cannot do it because your HOA won't allow it.”
Andrew Keene Dec 8, 2016 ▶ 7:24 EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene
Assertion Supported
Keene: San Diego rejected proposed ban on short-term rentals
“So they're trying to ban all short-term rentals in San Diego, and that did not pass.”
Andrew Keene Dec 8, 2016 ▶ 7:48 EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene
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