Serial Entrepreneurs Capitalize on the Competitiveness of the Short-Term Rental (STR) Industry
NEW YORK (PRWEB) July 03, 2023 -- After launching late last year, BNB Calc has reached it’s 2,000th paid subscriber. While most investors in the Short-Term Rental (STR) space see increased competition as a negative, serial entrepreneurs Parker Place and Jeremy Werden have found it to be a profitable opportunity.
BNB Calc offers real estate investors the ability to accurately project short-term rental revenue and expenses on any residential property. The platform is simple and easy-to-use, allowing technology novices the ability to run rental analyses in seconds.
With the sharp increase in residential property values, property investors cannot afford to guess when it comes to property purchases. Investors are becoming heavily reliant on tools like BNB Calc to take the risk and guesswork out of their investments. BNB Calc collects data from multiple sources such as Zillow, Airbnb, VRBO county tax records and more. This data is then combined with specialized algorithms to give users the most accurate income projections available.
The idea was the brainchild of real estate entrepreneur and short-term rental operator, Jeremy Werden. In a recent podcast, Jeremy stated, “In order to succeed as a short-term rental investor you need to be able to analyze as many properties as possible as quickly and precisely as possible. The old way of doing things was too slow and inefficient. We set out to streamline the process and improve the investor experience."
Jeremy teamed up with a former Tar Heel classmate, Parker Place. Parker, a developer and serial tech entrepreneur, was able to take Jeremy’s idea and bring it to life.
BNB Calc has seen amazing results since its launch, taking the number of monthly paying subscribers from one (1) to two-thousand (2,000) in its first year. BNB Calc continues to improve the product based on user recommendations and feedback. The BNBCalc team believes with the current trajectory it can reach 5,000 users by the years end.
Visit http://BNBCalc.com for more information about BNB Calc or to try it for free.
You can contact BNBCalc or schedule an interview with the founding team by contacting PR Representative, Rob Gilliam at [email protected].
Rob Gilliam, BNB Calc, https://www.bnbcalc.com/, 1 3364205540, [email protected]
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