maybe I missed something but how did the cash on cash return go from 3.74% to 4.79% after decreasing the occupancy rate from 75% go 70%? Decreasing the occupancy increases the cash on cash return?
Yes, *assuming* that your revenue still stays the same (ie lower occupancy with a higher nightly rate to net the same revenue). Reason being that you’ll have fewer turnovers so lower cleaning expenses which will increase your returns.
Hi James - Can this profitability projection tool work if your co-hosting to show and get clients? I tried downloading it but it's not the same one as in your video. Where can I get the one in your video? Thanks for your help! I have your airbnb for dummies book. It's solid!
We’ve actually got a different one available to use for co-hosting. If you sign up for the training on managing other people’s properties, we’ll send you that one for free!
It's very clean and well kept. That is a good sign.
Very high level Analysis. I've learned something today 👍
Hi James, fantastic content. Thank you so much
Glad you like it!
Amazing vid ! It should have a million views if not more 👍
Thanks Damon!
Solid info!
Thank you!
Keep posting this stuff… love to see how you analyze these deals.
More coming soon! :)
I really liked this video. Great example on how to get the property analyzed. Worth a like and subscribed!
Glad you like it!
How much weight do you give to the Airdna Market Score?
It's a good initial indicator. Beyond that not much use.
maybe I missed something but how did the cash on cash return go from 3.74% to 4.79% after decreasing the occupancy rate from 75% go 70%? Decreasing the occupancy increases the cash on cash return?
Yes, *assuming* that your revenue still stays the same (ie lower occupancy with a higher nightly rate to net the same revenue). Reason being that you’ll have fewer turnovers so lower cleaning expenses which will increase your returns.
Hi James - Can this profitability projection tool work if your co-hosting to show and get clients? I tried downloading it but it's not the same one as in your video. Where can I get the one in your video? Thanks for your help! I have your airbnb for dummies book. It's solid!
We’ve actually got a different one available to use for co-hosting. If you sign up for the training on managing other people’s properties, we’ll send you that one for free!
@@james.svetec on it. Thank you for letting me know.
i didn't get the furnishing calculator tab on my spreadsheet. can i find that somewhere else?