Best way to analyze STR's

[Sam Fowler]

Hi Everyone - 

I'm interested in learning about how to analyze and measuring the performance of STR's. I understand AirDNA is a tool that will give you some good data to look at. But is that the extant to the analyzing piece? Can you analyze STR's using the "rental property" BP calculator, or is that only for long term rentals? Just hoping to get a better understanding of the best way to analyze STR's and what tools I should use.

Thanks!

[Brooklyn McCarty]

Always use multiple data sources: AirDNA, Pricelabs, STR Insights, Enemy Method

To Analyze, I like to use Short Term Shop's calculator geared for STR's. They have a video on their YouTube that teaches you how to use it