Get On the New Wave
There is a new wave coming, and it’s hitting strong. Real estate investing has become a trend everyone wants to try out, and it’s getting hotter by the minute. We all want to be one of the most successful real estate investors.
Success in the real estate business is not promised. However, with some real estate investing advice from Mashvisor, our product, and your expertise, the road to success is being paved.
So, what does it take to ride the real estate investing wave? How do you become one of the most successful real estate investors? Here, we give you the story of Kate, an income property investor, who made it with the help of Mashvisor.
Meet Kate
Here, we give you an overview of Kate’s story and who she is. We want you to get to know Kate. We like Kate.
We Introduce You to One of the Most Successful Real Estate Investors: Kate
What the Numbers Looked Like
Once Kate handed us her numbers, we took a comparison to see just how accurate our projected real estate analytics were in comparison to Kate’s actual numbers.
You will find below is a screenshot of the Waikiki neighborhood projections as of December 2016, the same time Kate shared her numbers.
The table compares Mashvisor’s data to Kate’s reporting.
|
Average Monthly Airbnb Rental Income | Average Monthly Airbnb Cash on Cash Return | Airbnb Occupancy Rate |
Kate’s Actual Numbers | $3,684 (gross) | 6.98% | 96% |
Mashvisor’s Calculations | $3,373 (gross) | 7% | 61% |
Most Successful Real Estate Investors: Kate’s Thoughts
“The data is surprisingly accurate.”
Kate, Mashvisor User
When you compare Mashvisor’s projected numbers with Kate’s actual numbers, the findings are quite astonishing. Although there is about an 8% difference in the actual rental income versus the projected, there is only a 1% difference in the cash on cash return rates.
We think we did a pretty good job, wouldn’t you say so? Our predictive analytics are relatively conservative when compared to Kate’s actual data. The actual returns are just one real estate metric that can vouch for Mashvisor’s accuracy. Our product is able to give approximate estimations to help real estate investors like Kate and like YOU.
How? With these estimations, property investors like yourself are able to gain the insight you need to feel confident when you want to spill the dollars. You can also gain the confidence that the dollars spilled will come back as handsome Benjamin Franklins. Any area, any property, any neighborhood, Mashvisor is ready to project. The road to becoming one of the most successful real estate investors has never been clearer.
We like to do a little fortune-telling when it comes to your real estate investment properties. So, let us do what we know to do best: give you the projected numbers, accurately.
Let’s Talk About That Airbnb Occupancy Rate Difference
Kate had reported to us that she had about a 96% Airbnb occupancy rate in 2016, which eventually rose to 98%. Of course, we’re happy for her, but she beat us when it comes to our expectations of what the Airbnb occupancy rate looks like in Waikiki. However, every story has two sides!
This is not Kate’s first Airbnb listing, meaning she has built up quite an impressive reputation in the area. No surprise we consider Kate to be among the most successful real estate investors. The reputation she built for her Airbnb property has a competitive edge against the local competition. Round of applause for Kate, top of the most successful real estate investors, everyone.
With her great reputation, she was able to rent out a room on Airbnb much easier, hence maintaining such a high occupancy rate. Airbnb guests love her and her investment property, so they will not hesitate to book with her! We are good at our jobs, we promise. We will do out best to get you to steal a title of the most successful real estate investors out there!
Related: Airbnb Reviews: Top Influencers Affecting Your Occupancy Rate
Final Thoughts
Kate was ecstatic when she found out how accurate our numbers were in comparison to what her numbers actually were! She explained that “The data is surprisingly accurate and was even conservative to what my data actually are.” Pleasantly surprised, we would say. Once Kate saw just how accurate our data was, she did not hesitate for a minute to sign up for Mashvisor’s product.
To share the Mashvisor success with Kate, click here to learn more about our product!
Although she had not utilized Mashvisor when she was purchasing her condo in 2o15, she was ready to further explore new areas for her future investments with Mashvisor’s real estate analytics.
Related: Mashvisor Success Story: Here’s How Mashvisor Worked It’s Magic
It’s Your Turn!
This is only one example of how Mashvisor was a part of Kate’s journey in becoming one of the most successful real estate investors. So, why don’t you take part in that success? You deserve a slice of the real estate investing cake just as much as any other real estate investor. Mashvisor is coming to you with open arms, as we are ready to give you the real estate analytics you need to become of the most successful real estate investors.
The real estate investments tools that Mashvisor provides are a must when you’re “building” your real estate investment business. You can’t pass up on a tool like a rental property calculator, or a property valuation that tells you cash on cash return and expected rental incomes.
Come on, we both know you need to know how the cash flow is going into your pocket. Mashvisor is more than happy to give you what you need. We provide the analytics of not only Airbnb rental properties but traditional investment properties as well. There is a shoe that fits everyone with Mashvisor, so check out your preferred style. The most successful real estate investors invest in properties of all shapes and sizes, so don’t limit yourself.
So, what do you say? We say, give us a try and see how it goes. Become one of the most successful real estate investors of your time. We do think you will be just as pleasantly surprised as Kate. So, let’s go become one of the most successful real estate investors, and do this with one another.
To start your 14-day free trial with Mashvisor and subscribe to our services with a 20% discount after, click here.