I looking for advices for short term rentals

[Ravi Kumar]

How  is short term/ AIRBNB rental in  Portland/Beaverton Area..

[Suzanne Moore]

Quote from @Lawrence Potts:

Hey @Ravi Kumar!

We may need a few more details to best answer this question to this post...

I'd hop on AirDNA and see what occupancy rates are looking like, rates, etc. See what months are the busiest and slowest, and go from there. Then see if the city/county have specific regulations on short term rentals.

Hope that helps!

AirDNA is certainly the most comprehensive data source to see aggregated occupancy, nightly rates, and revenue estimates.

However, keep in mind that AirDNA is using historical data (from the past 1-2 years) and those years were anomolies due to the pandemic. Vacation rental occpuancy and revenues were MUCH higher during the pandemic as folks looked for places to staycation, work remotely, etc. So use AirDNA as one data point, and seek out other data to validate.

I suggest to my vacation rental buyers to look at revenues from 2019 or prior (if available for active STRs) in order to get a more accurate picture of occupancy, nightly rates, and overall projected revenue. Otherwise you may be disappointed if you're only looking at revenues from 2020 - 2022 pandemic years.