Updated over 3 years ago on . Most recent reply
Booked Pricing Data/Research on MTRs
Suggestions on the best way to research monthly pricing information on MTRs in different markets to use for deal analysis? I've looked at Furnished Finder, Airbnb, Kopa and other means to see what other people are advertising for their units that would be considered good comps. But is there any resource (similar to Airdna etc) that specifically focuses on the MTR space? I'd like to see what people are actually getting or making on their monthly not what they are asking for in their listings. I also know some people say they typically get double what an LTR asks for the unit. I'm just looking for some reported data. Thanks!
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@Tiffany Cohen The only company that pulls in data from furnished finder on top of airbnb and VRBO is Mashvisor. What you can earn really depends on how much effort you are willing to put in. If you go solely on Airbnb & Furnished Finder you will likely fill up but it may be at a discounted rate. 1.5% market rate. If you spend time building relationships with placement agencies and insurance companies you can get the full rate of a short term rental, 2x market rate.