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Episode Info:

We say it often: short-term rentals are a great way to stick your toe in the water in exploring investment properties. But there are still a lot of unknowns as you start out. Like the basics – how much should I charge? What is your competition? Does this place even need short-term rentals?

First, the opportunities are greater than you might think. Second – the data is there to answer many of your questions. Our podcast guest has answers, and he is working hard to mine the data for even more detailed answers.

On our most recent podcast episode, we talk to Scott Shatford who started renting his home on AirBnB when he went away on extended travel. He immediately saw the potential. His background in data analytics gave him an idea: why not create a repository for data that can help short-term renters understand their market?

AirDNA.co was born. AirDNA is an aggregator of short-term rental data & insights to help owners succeed in the sharing economy.

What You’ll Learn in this Episode:
  • Why good data about short-term rentals in your area can help you make smarter business decisions
  • How and when to scale and automate your short-term rental business
  • Revenue and channel management strategies for short-term rentals
  • What people are looking for in a short-term rental
  • Hotel industry efforts to regulate or outright squash short-term rental businesses and what to do about it
  • What you can learn about a potential rental property from “The Rentalizer” beta testing on airdna.co
  • Growing business opportunities that complement the short-term rental industry.
  • How to locate the best places to invest in short-term rental properties
  • How to create a unique guest experience for your ideal guest

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