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Updated almost 4 years ago on . Most recent reply
Has anyone ever used AirDNA?
Has anyone ever used AirDNA for Air BnB or VRBO properties? I haven't purchased a property yet as a vacation rental but I'd like to see if it might be worth my time/money in certain locations. Is there anything that's comparable to AirDNA that anyone can recommend?
Thanks!
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AirDNA data is hit and miss. It's better than nothing, but I've seen material differences in the #'s they say a property has produced vs. actual #'s. (for example, saying a property has made $140,000 gross, when in fact it really made $92,000 gross) I think the occupancy curve & ADR #'s can be used to get a general idea. If you're looking at investing in some of the major vacation rental markets, here's a free resource: https://evolve.com/vacation-re...
It wont' have everywhere which is the downside, but you could always call up the company to investigate what you're looking at doing since they have a team of consultants there to help out for free.
Just curious, where are you looking to purchase @Kelly Beck ?