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Updated about 3 years ago on . Most recent reply
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Analyzing Short Term Rental Question?
Hope everyone had a nice holiday season and is staying safe. I have been analyzing STR and using free AirDNA along with some tables that I was sent based on past years from AirDNA. I have found what I thought were deals only to talk to some local STR investors/management companies to find out that the AirDNA data is heavily inflated. Average of 20% less actual vacancy than what AirDNA is stating.
Is the subscription data much more accurate? Also how does Mashvisor compare?
Just looking for some guidance. I have also tried the enemy method but need a lot more practice at it. Any advice would be appreciated. Thanks have a Happy New Year.
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- West Valley Phoenix
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There is just nothing better or more accurate than comparing your target property to other similar properties in the same area. Look at future months for bookings and prices, esp holidays. This will give you exact data and it's easy to do.