Does anyone here do Airbnb in Meridian, Idaho? What is your experience for occupancy rates and nightly rates throughout the year? We enjoy the culture and life in Boise/Meridian, and are considering airbnb as an option.
While I don't currently operate any, I am planning on it in the near future (West Boise though, so YMMV). I found a great site for analytics regarding Airbnbs/STRs called AirDNA.co It's got some info available for free, but the real value is their paid service. Might be worth checking out if you're planning on STR as a business model in the future, beyond just 1-2 units.
While I don't currently operate any, I am planning on it in the near future (West Boise though, so YMMV). I found a great site for analytics regarding Airbnbs/STRs called AirDNA.co It's got some info available for free, but the real value is their paid service. Might be worth checking out if you're planning on STR as a business model in the future, beyond just 1-2 units.
@Adam Fleck, thanks for the insight into AirDNA.co - definitely an awesome resource. I did get some analytics from AirDNA.co, but I was hoping to see if I could verify the info as listed on the website.
Hey @Greg Fyfe- I live in Boise and actively invest here. I have some colleagues that manage AirBnBs in town. Feel free to shoot me and PM and I'd be happy to help you in any way I can. Best of luck!
@Greg Fyfe did you ever end up buying a property in Idaho for short term rental? We are looking to buy an area near Meridian where we have family and wanting to see if short term rental pencils out better. Thanks!