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Updated over 3 years ago,
Running numbers on monthly Airbnb rentals
Hello,
When trying to run the numbers on deals, I am constantly (educated) guessing on the expected income and demand/occupancy from Airbnb 30+ day stays...
There are many sites (airdna, etc) and resources for analysis of STR but I am trying to focus on MTR and am curious what others are doing to analyze MTR - especially monthly demand/occupancy.
The reason why this question is important, in case anyone is doing neither and are wondering, a lot of markets (like Denver) do not allow Short Term Rentals of properties (with a few exceptions); the only alternative in this case is renting your property for 30+ days at a time.
Additionally, does anyone have recommendations for analyzing income from furnished (vs unfurnished) traditional rentals?
Thank you!
-trever