How Much Do Airbnbs Make in Arizona?

What’s up guys, in today’s video, we’re going to be looking into some of the top performing properties in the entire state of Arizona to see how much money these properties actually make. Now, this is the first video in a series I’m thinking of doing it, I got a positive reaction to this video where I’m gonna dive into specific cities throughout the US, Canada and potentially the whole world. If you guys are interested to see exactly how well properties can actually do in these different areas and look at some of the top performing Airbnb ease and short term rentals in the entire world. If you’re interested in that, hit the like button on this video to let me know that you want to see more videos like this. And let me know in the comment section down below. If there’s a specific state or a specific area that you’re interested in knowing how well properties actually do there, then just let me know, let me know in the comment section down below if there’s a specific area that’s of interest to you. Let’s go ahead and jump right into it. And let’s start with Arizona. So I looked at two markets for this Phoenix and I also looked at Scottsdale, so let’s start with Phoenix here. And already right off the bat. What I’ve done here, just just to get everyone on the same page is I’ve gone to err DNA, which is a data aggregation site where they have all the data on all short term rentals all the world now we have an enterprise level package with them. And one of the things that that gets us is worldwide accurate access to their market minder tool, which is this tool you’re looking at right now, if you guys are interested at all in short term rental investing, then this is a really, really great tool to use to be able to see how a property’s actually performed in a given area. Now, what’s really cool is they have a top property section where you can go to any market and even look at the top performing properties in that market and see just how well they do. Now you can see in Phoenix, this is just mind blowing, these properties are pulling in $850,000 Plus on short term rental. So these two properties are over $150,000, this property years at about 820. And then the rest of them are only making you know half a million to $800,000. So not that impressive, right? Oh my goodness is absolutely insane to see that some properties or bring in this kind of money, short term rental properties for just one property. Now, obviously, these would be absolutely like very expensive properties to to purchase. So no doubt there, there’d be a lot of costs with the acquisition there as well. But I would be really, I’d be really interested to see what the returns would actually look like on a property like this actually, one of the members that I work with in our in our private mastermind for short term rental investing, he has a really nice high end beautiful luxury property in Scottsdale, Arizona. And I know the returns on that have been really, really great for him. So it just goes to show that even though it is more expensive to purchase, you can still pull in really great ROI numbers with a property like this. Obviously, with a recession with anything like that, it can be a bit a bit tricky. But you know, for some people, it makes a lot of sense. Like for him, he makes really great money. And he wanted to buy this luxury property that he can run like retreats at for his company and everything else. And the fact that it makes a really great return as a short term rental is amazing for him, but it’s not the end of the world to him if it doesn’t, so something like that actually can be a really really great lifestyle investment. So you can see this a gorgeous property here and pulling in the you know, the top spot in all of Phoenix at just shy of $900,000. So that’s pretty phenomenal. Even after carrying expenses. I’m sure the cash flow on this thing would be pretty phenomenal. You can see the runner up the second place property at a measly 600 $860,000 has a frickin waterfall in the backyard like that is insane. This whole place like that is just absolutely insane. so stunning. The views are incredible from this property. It’s really truly one of a kind and you can see why people would be willing to pay an arm and a leg to stay here is you just have such a unique experience staying out this property. And this is even this isn’t even on Airbnb Luxe. Right now this is just on the regular Airbnb I’m sure this property could easily get onto Airbnb Luxe. And it might also be listed as a property on Airbnb Luxe, which for those you don’t know, that’s a sort of a separate site, a separate part of the Airbnb site where there are really high end luxury properties that come with all kinds of amazing add ons. You can add like private chefs and massages and airport transfers and all those really, really cool things. So that’s a good idea of Phoenix. Now the other market that we wanted to look at was Scottsdale and you can see that Scottsdale performs a little bit less at the very very top end where the top properties only bring in $809,000 versus you know you’ve got three properties in Phoenix that are outperforming that number but still really truly crazy. Guys just want to take a quick break to say that for For those of you watching, who want to build cashflow, and long term wealth by purchasing Airbnb ease and short term rental properties, there’s a link in the description down below for a FREE TRAINING they’ll walk you through my exact strategy for investing successfully in Airbnb is the training walks through the three most important things that you need to know if you want to successfully buy your first or next short term rental property. And again, the link is in the description down below for you to sign up completely free. When you sign up for the training, we’re also going to send you our ROI analysis tool completely free so that you can analyse properties the right way and find properties that will generate amazing returns. Again, the link to sign up is in the description down below. And both the training and the ROI analysis tool are completely free. One of the things I really was interested in looking at was this one where there, they literally went with a title of half million dollar pool with lazy river. So I don’t know, I guess I guess for the demographic that’s booking this place, they probably are trying to flex on their friends and family quite a bit. So being able to share with them that it’s a half million dollar pool might actually be like a really big deal for them. I think that it also very clearly conveys that this is an insane pool that’s got a lazy river. Pretty interesting title to it, but also a pretty insane investment to make in a property that’s been half a million dollars on a pool in the backyard. And honestly, I like to me, I just could not imagine doing something like this to a property like it’s ultimately not that cool, I don’t think because when you think about something like this, like I think about a resort pool, and it’s just kind of lame compared to a resort pool, but also just insane for a home pool. I don’t know something off about that the basketball court is super cool. It’s like lit up so you can play at night too. That’s awesome. You’ve got the Gulf area here, mini pot, like just so much stuff to do. And I’ve noticed that throughout Arizona, they always have these like epic blown out backyards that have so much stuff to do. So I think that’s really cool. You can see like, they’ve really just used the entire bit of lot that they have, they’ve got basketball here, golf here, they’ve got more golf here, pool back here. And then like this one patch of actual just grass is not being used right at the front of the house. So I think that’s really, really cool. I actually really liked that they’ve done that, that this seems to be the theme throughout Arizona a lot of properties have these like really epic outdoor setups. And again, the member that we work with that we do coaching with, he has done some really epic stuff on the outside as well like adding mini putt and putting like a golf simulator and movie room. Like all that kind of stuff. I think that’s really, really cool. You can see them kind of doing the same thing inside where they have so much square footage, and they’ve just used it to add like Game Room and add all this different stuff. I think the property is really well set up where especially with a property this large, it can often feel quite empty if you just don’t add the right deck or to it. And they’ve done a really good job, in my opinion of adding the right decor to make it not look empty. Again, I think this pool is just like over the top wild. I couldn’t imagine ever doing anything like this on a home. But obviously it’s turned out well for them like this property is doing $807,000 As a short term rental, which is just insane. So that pool is paid off pretty quickly at that rate. Depending on what they got everything else for it. You can see like here’s another one luxury five star celebrity estate. This one’s doing $721,000 And you can see what I mean we’re this is another example of like, every inch of outdoor space is used here. You can see from this aerial shot, they’ve got like, everything you can imagine. It’s literally like they’ve got a kid’s playground over here. They’ve got like everything you can imagine they got a full mini putt, they’ve got another basketball court. I almost wonder if this isn’t the same host.

this property was super interesting, because what was interesting to me is I went on air DNA, and I looked for it, I saw Wow, right beside it. So you can see that here is the shipping container. And then right beside it, there’s this tiny cabin. And then right beside that there’s this geodesic dome with a little little kind of Fort there beside it, I thought Well, that can’t possibly be a coincidence that these very similar all unique properties are right situated in the same area. And sure enough, when I checked in on them, they were all hosted by the same host guys just want to take a quick break to say that for those of you watching who want to build cashflow, and long term wealth by purchasing Airbnb ease and short term rental properties, there’s a link in the description down below for a free training, they’ll walk you through my exact strategy for investing successfully in Airbnbs. The training walks through the three most important things that you need to know if you want to successfully buy your first or next short term rental property. And again, the link is in the description down below for you to sign up completely free. When you sign up for the training, we’re also going to send you our ROI analysis tool completely free so that you can analyse properties the right way and find properties that will generate amazing returns. Again, the link to sign up is in the description down below. And both the training and the ROI analysis tool are completely free. So it’s this couple you can see here, Stan and Bree that are basically hosting, it looks like they’ve got a plot of land. And they’ve just put a few different types of unique spaces or tiny homes on this land and are now hosting them. And what I find super interesting about that is because they’re hosted by the same people, and they’re in the same location, you can then see effectively, which one just generates the most revenue, which one’s the most popular out of these different types of unique homes, it’s really rare to be able to see a good comparison as strong as this, because there’s all these other factors, you can compare a geodesic dome in North Carolina to a shipping container over in Waco, Texas. But you know, there are going to be different numbers because location and even different parts of the city, it’s often you know, they’re going to be more spread out. And so it could be due to that. And then you also got the host to consider if there’s different people hosting them different people running them, then one could just be doing a better job than the other. But this is a really, really cool comparison to be able to do because they’re right in the same area. They’re right like within close proximity to one another and they’re hosted by the exact same hosts so you can see this spread here, the shipping container did about $80,000. In revenue, it was available for 363 days of the year last year, three, or in 35 days, there was this tiny cabin and it did about $74,000. So it would likely be right around the exact same as the as the shipping container home would in the end if it were available for the same amount of time. Now, the one that obviously blew everything else out of the water was this geodesic dome property. And so let me know if you want me to do a more detailed video on geodesic dome specifically as the next one. Again, just like this video, let me know in the comment section down below if you want to know more about geodesic domes and how they perform on Airbnb. But this one here, let’s take a look at it did $122,000 Almost in revenue, you can see it was occupied 94% of the time that it was available an average daily rate of 413. So quite a substantially higher average daily rate than other either the other two properties and still a higher occupancy rate as well. Now, what’s interesting to me is that this one was actually only listed on VRBO, whereas another one was on Airbnb and VRBO. And another one just on Airbnb. So there is some variation there. But this is really cool. So they what they did is they’ve got this geodesic dome with a little cabin beside it. So you’ve got your indoor space for your kitchen, your bathroom, etc. And then you go and sleep out in the geodesic dome. So I think this is super cool. I think it’s a really, really great way to do the geodesic dome play, where you’ve actually got the creature comforts of a house where you’ve got a kitchen, you’ve got a bathroom, you’ve got proper running water, you’re not going in and out house, that kind of thing. But you’ve also got the really cool experience of the geodesic dome. So I think this is really well executed. Kudos to the hosts here are doing such a great job of all three of these properties. I am really really interested I think this is a really cool comparison that we can see. Based on what we’ve seen in this video, it looks like bout 80 to $100,000 is roughly what you’re looking at for shipping container home in a good solid scenario. Now certainly if you go above and beyond and turn, you know your shipping container plays into a mansion and shipping their mansion, you could presumably do quite a bit better than that. And if you have a shipping container home in the wrong location, you could certainly do a lot worse than that. But I just find it really interesting to see and I thought that this comparison overall was also just super super cool. So if you guys are interested in learning more about how other types of properties perform let me know if there’s a specific type of property that you want me to do this type of video on, let me know in the comment section down below. I would love to do some geodesic dome stuff as well. And yeah, anything you want to know let me know in the comment section down below. I hope you enjoyed this video. Make sure that you liked the video and that you subscribe to the channel to stay up to date with the two new videos we post every single week. All that said, thanks for watching and I’ll see you in the next video. Yeah, so it looks like it is the same, the same host for this property, whether they’re a management company that just recommends this stuff to their property owners, or they’re just some property owner that owns these like Mega mansions. But yeah, this is like an epic epic outdoor setup. I couldn’t imagine anyone ever being bored at a property like this. And so you can see like it pays off. They’re doing $721,000 on short term rental revenue in just one year. So yeah, this is some really epic performance. This is probably I would assume it’s got to be one of the top markets in the US in terms of like the high end and how well the high end properties do. If you’re interested in seeing some more markets like this more just markets in general, I’d be really interested to look at North Carolina to look at Hawaii and see how well the best performers really do because I’ve actually seen some properties in the US that do into the millions of dollars of revenue per year. So if you’re interested in exploring that more with me, let me know liked this video, give it a thumbs up let me know in the comment section down below. If you want more videos like this or if there’s specific markets that you want me to look at, let me know in the comment section down below. Again, if you liked the video, give it a thumbs up If you are new to the channel and haven’t subscribed yet, make sure you hit the subscribe button to see the two new videos we post every single week. And with that being said, thanks so much for watching this video and I’ll see you in the next one.