Airbnb: A 21st-Century Goldmine

by Andrew Keene

The Airbnb platform has done more than create a different way for people to travel. It has created an entirely new breed of entrepreneur. A person can live anywhere in the world and still participate in the Airbnb platform…if he or she follows certain strategies. Entrepreneur and real estate expert Andrew Keene will teach you these strategies. You don’t have to start out wealthy to make them work. You don’t have to already be a real estate mogul. All it takes is strategy and initiative—and less time than you think. Airbnb is a unique resource of all the information you need to know about Airbnb, whether you’re a host, Superhost, real estate investor, or guest. Here’s what you’ll • What the largest economic waves have meant to the U.S. economy, both in real estate and in third party services. • What makes Airbnb so exciting and appealing, both to travelers and investors. • Insights into how to evaluate properties that are good candidates for the Airbnb market. • Approaches and steps to take in order to become a host with the potential to reach Superhost status faster. • Inspiring statistics that are driving the Airbnb market, which inspire new entrepreneurs and travelers worldwide. Your perspectives on real estate will never be the same once you’ve read Airbnb.

160 pages, Kindle Edition

Published May 8, 2018

Reviews

[Jay French · Rating 3 out of 5]

The concept of offering a cabin as an Airbnb rental is intriguing to me. My rural hometown has no current short term rentals, no nearby hotels, no B&Bs. It is in a place with plentiful tourist activities, a key annual event that draws thousands, history, restaurants (well, taverns), great scenery, and it would be the closest traveler housing to a few large plants. As for culture, there’s a big plastic statue, and those taverns. I know people that could operate such an establishment if I’m not nearby. I’m sensing an unmet need and opportunity. I chose to read this book to get an inside view on how Airbnb worked from someone who is making money at it. The author owns a handful of units that he rents out, in different cities. He provides information on the steps that it takes to choose property, to make the investment work considering different financing options and pricing options, to handle the day-to-day operations, creating descriptions and marketing your rental, and handling risk. As a bonus, he also describes how he has used Airbnb rentals in his own travels, including some hints as to what to look for. The author hires out a lot of the day-to-day operations, so while he describes what should happen and while he has some anecdotes, I wasn’t completely comfortable going on his analysis. Additional research will be required. But that’s not to say this isn’t a good introduction – I think it does a great job of describing the pros and cons of entering this business, and provides a glimpse into the life of one who does this with what appears to be a very good return.

[Ården Panlilio · Rating 4 out of 5]

Great for helping out new Airbnb hosts.

[Kacper · Rating 2 out of 5]

Kind of dry

[Kate Pratt · Rating 4 out of 5]

Good overview of the Airbnb rental process and validation of value adds that I had been thinking about