All Forum Posts by: Becky Deaver

I've found AirDna to be hit and miss as well. Personally, I'll hop onto PriceLabs and grab a Market Data Report for an area I'm interested in ($9.99). From there I like analyzing all the historical numbers for the types of properties I am looking for (ex: 3B/2BA, 4BD/3BA, etc.). This gives me an idea of the average nightly rate for different builds, as well as the occupancy from a rolling 12 month period. Not to mention the average cleaning fees as well! There is also information such as different amenities guests are looking for. Using this in addition to browsing AirBnb and VRBO is a technique I like to utilize. 

Also, like the others mentioned above, do your homework on expenses, and still account for reserves. I have a spreadsheet I can send over if you're interested. It's not perfect, but gives me a good frame of reference for moving forward with a deal.