How much do you trust AirDNA's numbers?

Question

Hey Community!

I am trying to decide between 3 properties here in Atlanta to do an Airbnb arbitrage but I'm trying to figure out if each property is a clear deal or am I forcing deals by thinking I could decorate them and command a higher occupancy.

Would love some insight. Especially in the Atlanta market. There are so many different parts of "Atlanta"!

Here's what AirDNA says:

Property 1 3BR/2BA with an in-law suite in a vague part of northeast Atlanta- Occupancy Rate 57%/Average Rate $222/Rent $2,795

Property 2 is a 2BR/2.5BA closest to West Midtown, but it's not walkable to anything

- Occupancy Rate 48%/Average Rate $148/Rent $2,850

Property 3 is a 4BR/3BA in deeper west Atlanta

- Occupancy Rate 49%/Average Rate $322/Rent $3,300

I think I could increase occupancy and even nightly rate by giving them a specific theme and taking professional photos.

Also, I would be staying in one of the rooms or in-law suite so I know that would change the numbers a bit, but I'm not sure how much to factor that in.

If you need more context about each deal shoot with any and all questions!

Thanks for your help!

Robin Simon · Answer

I think AirDNA numbers are generally very accurate - but especially in large markets, they should be taken as guidance rather than gospel - and more of an "average" expectation - so they should be able to be beaten by great hosting and quality photos/planning etc like you  mention above

Arylle Young · Answer

Thanks Robin! Good to know I'm taking the right things into consideration.