Case Studies
The best backyard investment
Sam and Ian were looking to increase the earning power of their backyard “casita”. After a long term tenant decided to move out, we took the opportunity to upgrade the casita space and list it on Airbnb.
Since then, Sam and Ian are on track to gross over 300% more in annual gross earnings vs the traditional long term method. They were also able to increase the equity of their property by investing some earnings into upgrading the casita and their landscaping.
Beating the competition
After the first year on Airbnb, this property saw some impressive results, especially when compared to the rest of the market.
The home performed 21% higher in gross earnings than Airdna’s projections for similar homes. Year to date, the occupancy rate is at 85.6%, which is already on track to outperform last year’s results. According to Airdna’s occupancy estimate, the property is also beating the market average of 59% by 27% YTD.
Exceeding expectations
Our south mountain home exceeded the home owner’s expectations for both ease of management, and performance.
The home performed 39% higher in gross earnings than Airdna’s projections for similar homes. It also outperformed Airdna’s occupancy rate by 33%.
Occupancy in 2023
Strasa’s portfolio outperforms Airdna’s projection by 23%.
