Interview with Daniel Tisdale OFC

Jae Seok An22min

Delia

00:01

Welcome back to another episode of Into The Airbnb, where we talk with Airbnb hosts about their short-term rental experience. Today's guest is Daniel Tisdale, based in Austin, Texas, who owns and manages a luxery Airbnb unit in West Palm Beach, Florida. Today he'll share with us about his journey on Airbnb from how he decided to investment market to his current achievements as an Airbnb host, along with some useful tips for hosts who are interested in remote hosting. This episode is sponsored by Airbtics, the only one analytics dashboard for short-term rental investors and managers, where you can find the precise Airbnb data such as occupancy rate, revenue, average daily rate and so on. So, without further ado, let's get into it! So can you tell us how did you get started on Airbnb?

Daniel Tisdale

00:57

Yeah, absolutely. So the real estate has always been something that has been, you know, of interest to me. I purchased my first house when I was 26 years old. I live in Austin, Texas and if you're familiar with the Austin market at all, you've probably heard how it's just exploded over the last few years. So I purchased my first house, you know, four years ago, as I saw the value of owning real estate and through that first purchase I, you know, turn that property into a long-term rental. Then with the increase in property value, I did a cash out refinance and with that, I went and purchased an Airbnb, my first Airbnb property in South Florida, in West Palm Beach, Florida.

Delia

02:07

Great and how did you choose the market?

Daniel Tisdale

02:10

Yeah, so I chose the market after doing quite a bit of research. I used tools like AirDNA, PriceLabs. For me, personally, I look at Airbnb as kind of lifestyle investing. So I love to play golf and so I wanted a place that I could, you know, use leverage and use it myself as as kind of, you know, a place to go do golf trips, have vacations and, you know, I decided on West Palm Beach because of the great value that you get for properties as well as the fact that it's surrounded by, you know, arguably the best golf community in the world. So you've got Palm Beach, you've got Jupiter, Florida, where a good chunk of PGA Tour professionals live and you know, a lot of retired golfers live in the area as well, so there's, you know, a big golf community down there. So one of my goals, you know, as part of my brand of building my business is kind of focused around, you know, a golf centric vacation offering and so that was kind of the main reason in conjunction with the numbers being great. But also, you know, it's going to attract a lot of golfers to come and I can also leverage that property myself.

Delia

03:59

So can you tell me about the most like visible advantages of having your listings near the Golf centres?

Daniel Tisdale

04:09

Yeah, so I think you get kind of the best of both worlds when you're in South Florida because you get a good chunk of people who are coming down for golf trips, I've had quite a few people who have booked my place and they've come solely to go play golf. And you know, I have a five bed three bath house can fit about 10 people. I've had college golf teams stay at my property. I've had, you know, just groups of friends who have come down to do a golf trip in the area. I've also had, you know, a good amount of families come for vacation and they're coming to go to the beach. So you kind of get the best of both worlds because you've got amazing beaches and you also have amazing golf. So that was kind of my thinking, you know, in terms of how I wanted this property to play out and it's been very successful so far.

Processing audio...