Real Estate Investor · Leighton, AL · Member since 2017 · 7 posts · 14 votes
We are looking to buy a condo in PCB. We can not get set on the number of bed rooms that will allow the biggest ROI, 2 bed with bunks outside of the bed rooms vs 3 bed with bunks outside of the bed rooms. Any feedback would be great.
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
6y
It's pretty easy to find out.
Open Excel and start putting data in based on similar properties on Vrbo and Airbnb. Look at occupancy and rates. Compare a handful of different 2 and 3 bedroom. Also just search by sleeping capacity. See if the sleeping capacity from a 2 bedroom could equal same sleeping capacity but in a 3 bedroom. My guess is that more bedrooms is going to outperform most 2 bedrooms if everything else is equal.
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
6y
It's pretty easy to find out.
Open Excel and start putting data in based on similar properties on Vrbo and Airbnb. Look at occupancy and rates. Compare a handful of different 2 and 3 bedroom. Also just search by sleeping capacity. See if the sleeping capacity from a 2 bedroom could equal same sleeping capacity but in a 3 bedroom. My guess is that more bedrooms is going to outperform most 2 bedrooms if everything else is equal.