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Updated about 3 years ago on . Most recent reply
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How to Analyze short term rentals
So I just became a BP pro member how can I analyze a STR deal using the calculators? I dont have airDNA and I have been using mostly the enemy method and emailing superhosts
Thanks!
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@Sean Starkey I shoot for 15%+ EGI to Purchase Price. So a $500k property needs to gross at least $75k/year to pique my interest. Airdna + comp other properties + your realtor’s input will get you a reliable EGI. If you can hit 15% EGI on a *leveraged property that you self manage*, you will make money unless you are a terrible operator.