Cash Flow Positive Is My Airbnb Market Saturated? (Pt. 1)
This week, Kenny is addressing the common concerns surrounding market saturation in the short-term rental industry. He talks about the concept of market saturation, explaining that it's not markets but properties that become saturated. You’ll learn a formula to measure saturation based on revenue per active rental comparisons year over year and Kenny emphasizes the importance of considering bedroom count when assessing saturation. He offers strategic advice on finding opportunities in seemingly saturated markets by focusing on unique property features and amenities, rather than the broader market trends. Kenny also shares examples, including an analysis of the Orlando market, to help listeners understand how to calculate and interpret saturation levels for their investments.