All Forum Posts by: Sara Levy-Lambert

Look up the awning airbnb estimator, plug in your address and select one bedroom and the number of guests you can have at a time, then you'll get an idea of the revenue you can take in. Look at comparable properties in the area and click in to see their individual seasonality performance.

1. I can tell you that the short-term rental market in that area is currently strong. Beech Mountain is a popular destination for skiing, hiking, and outdoor activities, which makes it a great location for a short-term rental property.
2. In terms of recommendations for handyman and cleaning services, I would suggest reaching out to local property management companies. They often have a list of trusted vendors that they use for maintenance and cleaning services. It's also a good idea to ask for references from other short-term rental property owners in the area.
3. I also recommend familiarizing yourself with the local regulations and laws regarding short-term rentals. Each area can have different rules and regulations, so it's important to understand what is required in order to operate your property legally.
4. Lastly, I would suggest joining local short-term rental groups on social media, like Facebook. It's a great way to network with other property owners and learn from their experiences.

1. I have been closely monitoring the state of the short-term rental market and the data surrounding it. It's important to note that while occupancy rates have seen a slight decline compared to last year's record numbers, it's important to keep in mind that these rates are still higher than or similar to those seen in 2018-2019.
2. One key takeaway from the data is that urban area supply is currently 20% below 2019 levels. This presents a great opportunity for investors as demand for short-term rentals in high density areas remains strong, despite the slight decline in occupancy rates.
3. Another interesting point that was brought up is the importance of being a "Super Host" on Airbnb. The data shows that hosts with this status average 24% higher occupancy rates than non-super hosts, highlighting the importance of catering to guests and earning good reviews.
4. Lastly, it's important to note that amenities are key when it comes to differentiating your listing and increasing occupancy rates. As the market becomes more saturated, offering unique amenities such as a pool or a workspace can help your listing stand out and attract more guests. Even investing in quality furnishing and design can make a massive difference.

you might want to reach out to a national airbnb management company like awning, just google awning airbnb management. The team there analyzes and manages properties around the country and can help you fill the gaps in your analysis with some added confidence.

Look up awning airbnb estimator on google, you get a free estimate (no account required) and you can use it for the enemy method because it brings up nearby properties with a monthly breakdown of occupancy rates and pricing

Take a look at the properties already analyzed as STR's here
https://awning.com/a/search?in...

I can make an introduction via DM to a local STR agent as well

Looks like a decent property according to those estimates, take a look at the comps on the awning airbnb estimator to see comparable properties and take a deeper dive into their pricing strategy, there may be an opportunity to significantly boost occupancy. 

For laws, look up awing airbnb management, their team can help you identify any laws to watch out for.

Evolve offers half-service for Airbnb management, meaning you still have to handle cleaning, maintenance and everything else. Essentially you are paying part of your income for some marketing solutions which you could assemble yourself for a few hundred dollars.

Awning if full-service, but only handles short-term rentals. So you don't have to do anything but collect the income for the STR, however, they don't manage MTR and LTR at this time.

Happy to answer any questions, I've written quite a few reviews of property management companies if you're interested.
https://awning.com/resources/p...

Will DM a link to schedule a call with our team, I've informed them about this thread and what you're looking to do.

Glad you're enjoying the estimator! As for the hot tubs, this is common for Airbnb's. We've seen that installing a hot tub can increase revenue by 50%+ in some markets. It all depends on what guests are looking for and it sounds like Hot Tubs command a premium in Pittsburgh

When considering listing a property as a short-term rental, it's important to research the market demand in the area. In Pittsburgh, it's crucial to analyze the occupancy rates and pricing of similar properties within a 10-minute radius of your home to determine if the expected rental income can cover your monthly expenses. Additionally, it's essential to consider the city's regulations regarding short-term rentals, as some areas may have stricter laws than others. With a 6 bedroom, 6 bathroom home in a prime location, there is certainly potential for a successful short-term rental in Pittsburgh, but it's important to conduct thorough research before making any decisions.
Look up the awning airbnb estimator on google and if you'd like, I can connect you with our analysts to do a deep dive of the potential revenue