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Updated 9 days ago on . Most recent reply

User Stats

11
Posts
1
Votes
Tiffany A.
  • New to Real Estate
  • Long Island, NY
1
Votes |
11
Posts

Questions about AirDNA to Find Properties

Tiffany A.
  • New to Real Estate
  • Long Island, NY
Posted

Hi, I paid for a paid subscription to AirDNA and while there is a lot of data I'm struggling to gain confidence in using it to find properties and/or analyze potential properties.  A few questions:

1. Why is there such a description for the same property when I find a listing and click it versus type in the same listing in the rentalizer?  The revenue estimates can be off by 20-30%.

2. I've seen examples where the taxes are way off what I see on Zillow?  

3. Are there other 'gotchas' I need to watch out for where AirDNA may be particularly misleading?

Most Popular Reply

User Stats

964
Posts
1,190
Votes
Lauren Kormylo
  • Rental Property Investor
  • Phoenix, AZ and Rehoboth Beach DE
1,190
Votes |
964
Posts
Lauren Kormylo
  • Rental Property Investor
  • Phoenix, AZ and Rehoboth Beach DE
Replied

Another thing to know is that AirDNA estimates the gross revenue, which includes cleaning fees and any other fees like Airbnb or Vrbo fees. 

AirDNA also uses how many days are blocked on the calendars to do their computations, but they don't know if those are days are booked at full price by guests, used as personal days by the owner, used for maintenance problems, or booked by a monthly guest at a lower rate.  In my beach area, many hosts block off the entire winter.  In that case, when I used AirDNA a few years ago, they did only consider the active summer as available days.  But a host could have the entire winter booked by one guest at a low rate, and AirDNA may not think it's booked at all. So it's hard to be completely accurate. 

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