Finding SPECIFIC Types of Land

447 viewsabout 1 year ago1m 25sScore: 75

Kai Andrew

intermediate
Market Research
Profitability
Multiple Properties
ADR
Occupancy

Summary

Kai Andrew shares his process for finding the optimal STR property for one of his clients within a 10-hour driving distance from New York City. He covers the processes he uses for area analysis including identifying the buy area, identifying hotspots, creating a map, creating a visual heat map and performing a golden triangle exercise. He shares a successful example from February 2024 where his client acquired a property with three rundown cabins, launched the first two in June and the last cabin in August of 2024. This property is now generating $22,000 a month.