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Updated about 1 year ago,
Accuracy of Pricelabs and/or Airdna Market Analysis
Hello, I was wondering if anyone could share from recent *experience* how accurate a Pricelabs, Airdna, or other market analysis software has been for them for estimated annual income? I KNOW there are a lot of factors to consider, but I just wanted to hear any examples anyone could share from their own personal experience when making a STR investment decision in an area (ie. Pricelabs Market Dashboard in a certain area predicted a 2bd/2ba in a certain area could make $35K/year with 65% occupancy, was that spot on for you or deviated plus or minus $10K).
Although thoughts from people with no experience is appreciated, I was hoping to hear from individuals with actual personal experience making a STR/MTR investment.
Thank you!