The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 12 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Keene: San Diego and Miami are the most profitable Airbnb markets
“Basically San Diego and Miami are the most profitable places for Airbnb.”
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.”
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.”
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.”
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.”
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.”
Keene: Municipal bans represent biggest risk for short-term rentals
“Your biggest risk is the short-term bill passing in a certain city.”
Keene: Mashvisor MLS Data Sourcing Is Inaccurate
“I've been told that they are not that the way they get their MLS is, is not as accurate as it should be. So I've steered away from that one a little bit lately.”
Keene: Airbnb property management industry standard fees are 20% to 30%
“Industry standard is 20 to 30% on management companies based in, on Airbnb.”
Keene: San Diego Airbnb achieved 90% occupancy in first two months
“And we, the last two months, so it's only been a couple months, we've rented out like 28 and 27, 31 days. So our occupancy rate's about 90%, which is higher.”