Airdna? How real are the numbers and data?

[Christopher Brown]

So I've run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It's a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data is real, I've hit a gold mine, so I guess my question is, how has every ones actual numbers and experience compare to the data provided from airdna?

[Eric Gebhardt]

Also be sure to check STR is allowed locally. There are a lot of rules and permits you might need to follow and apply for!