Is airdna subscription worth it?

Question

Is an airdna subscription worth the money? (First starting out)

Why or why not?

Joshua Strickland · Answer

Airdna isn’t 100% accurate but it can be a decent baseline depending on the market. I typically subscribe for 1 month when I’m bringing on a new property to get a feel of seasonality and I like to click through the different metrics for what it says for revenue at 50%, 75%, 90% to get a feel for the disparities in properties in the market.

Hal Wilkerson · Answer

Depends on your aim.  If you are doing focused, intense market research around the country a $500 for a 30 day access could be helpful to finalize a decision on a region.  If you are focused on one specific market you are definitely investing in (your backyard for example) to make decisions, a $39 for one month could be helpful. (or whatever the market rate is - it depends on number of AirBnB listings in a region).

The biggest value I see for a long-term subscription is for Realtors helping investors make decisions in their local market.  As an investor as well as a Realtor, that's what I use the subscription for.  If you are an investor making a decision in the next 30 days or focused on a one-time decision it can be helpful, but that's it, in my opinion.

There are other ways you can do market research, however.

Also, keep in mind, AirDnA data is skewed *ultra* conservative in my opinion.  AirBnB is FILLED with non-sophisticated mom and pop type operators (nothing against them) and their numbers get added in... so it skews what I think is more realistic if you are a knowledgeable and experienced host, to the lower side, in my experience.

Also, it's data is not always 100% up to date or accurate, so it shouldn't be your sole deciding factor.  Many experts recommend against using them, however I have found the data to be useful.  What I also have used it for is to see how their scraped numbers compare with my actual numbers, which also, explains why their data shows much more conservative returns than actual.

If you want to give them a try, goto https://www.AirDNAsignup.com

Robert Tinker · Answer

@Jonathan Dempsey Some markets their numbers are skewed high not low, so double check on your own too.

Jonathan Dempsey · Answer

@Hal Wilkerson

I couldn't agree more.   Appreciate the perspective you bring here.  Better to get a glimpse at the conservative numbers than to try to make assumptions otherwise.

John Underwood · Answer

No.

You can get this info for free by checking competition.

Airdnda data has been unreliable so I've heard from multiple people.

Is airdna subscription worth it?

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