AirBnb calculations and comparisons?

[Hoa Nguyen]

Hi I am looking to invest in a property with the intent to use it as an AirBnb. It is in a nice area in St. Louis. My question is before jumping onto the deal, is there any resources that allow me to see what competitive comparables rates are? I don't want to pick something up that won't get booked and would love to see if others in the area have a good booking rate. 

[Leslie Anne Morris]

You can research on Airbnb as if you were a traveler. Look at the competition to see how well they are booking and more importantly what rates they are charging.