ilmscore | Flipping $15,000 Car With $2,500? The $1 Warehouse | Big AirBnB $$$

Flipping $15,000 Car With $2,500? The $1 Warehouse | Big AirBnB $$$

Published: 2022-07-16
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The Selby building in downtown Cashockton is planned to have a lunch counter on the ground floor, office space and housing on the second floor, and a community event space. There is currently a lack of large event spaces in downtown Cashockton.
"we're looking at the lunch counter going in on the ground floor second floor will probably be a mix between office space and housing and then this will be our community event space right now in downtown there's not really an area where you could get a hundred or more folks in for an event"
Real Estate Investment
Pending
The construction of the $100 billion Intel plant in New Albany, near Columbus, Ohio, is expected to accelerate development and economic activity in the surrounding areas, including Cashockton.
"and it's just going to get faster and faster due to the intel plant coming to new albany so it's going to be really interesting to see what happens with this because this is on the right side of columbus ohio because they're building the 100 billion dollar intel plant and technically new albany which is kind of like a suburb on the east north east side of columbus"
Intel Plant Impact
Pending
The Intel plant's proximity is making Cashockton a viable option for commuters, offering housing at a significantly lower price point (around $50,000) compared to potentially closer areas with higher home prices (around $250,000).
"so it makes it this kind of place where you could still buy a fifty thousand dollar house that's in good shape two years ago a really incredible option for people that might want to commute from shocked and to intel and put up with a 30 45 minute drive for a 250 thousand dollar yourself"
Housing Market Near Intel Plant
Pending
The increasing number of Airbnbs in a city leads to higher occupancy rates, driven by greater consumer awareness of Airbnb as a travel accommodation option compared to traditional hotels.
"and the occupancy rate on 30 rentals per day is astronomically higher yeah than it is with five they had two years ago and it's not that airbnb has grown that much it's just the fact that people know that you go to town and you want to go on a vacation that airbnb is totally an option"
Airbnb Market Growth
Pending
While Hocking County is a prime Airbnb market, the speaker suggests targeting Circleville or Chillicothe due to lower property prices and the potential for similar profit margins even with a lower fill rate, aiming to outperform Hocking Hills if the fill rate increases in those locations.
"so i've got like five or six airbnb guys and they're like you need to do this you need to do airbnb and hawking county hocking county like number one spot top three midwest and it's the number one state in ohio let's do air let's do hocking county i'm like that's fine but the price of an airbnb property has quadrupled why don't we go to circleville or chillicothe where we can get one at a normal price or i can get one off market for a deal and we'll still have make the same amount of money with a lower fill rate and if the fill rate goes up then we will just beat the crap out of hocking hills"
Airbnb Market Potential
Pending