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Updated over 7 years ago on . Most recent reply

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56
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13
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Collin S.
  • Rental Property Investor
  • Jacksonville, FL
13
Votes |
56
Posts

Airdna Regulation Score Meaning

Collin S.
  • Rental Property Investor
  • Jacksonville, FL
Posted

I am new to the Airdna site. I am analyzing a zip code in Jacksonville. I really don't understand what the "regulation" grade means. Why would this be so low and the other grades be so high?

Most Popular Reply

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4,236
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
5,686
Votes |
4,236
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied

Airdna is for Analysis Paralysis only. If you really want to buy something just go on airbnb and study that market. Find a house that is similar to what you want to buy and obsess over it. Whats price per night, how many nights are book. How far out does it book. Is Feb cheaper than August. Does it only rent 6 months per year (you should be smart enough to know that before you dig in. If you're in the rocky mountains you're probably looking at a part time gig. If you're on the ocean you're probably looking year round but cheaper prices in winter and snowbirds that will stay for a month+) 

Biggest factor.... Is it self managed? If its PM managed they're probably not much competition (in my market anyway). 

Cut and paste a message to any owner you might think is self managing and ask them if they'll talk to you. You might get 2 out of 50. Don't bother with anything managed by a company they won't write back and if they do they'll be a jerk. 

Don't waste your time on Airdna just buy something and get your hands dirty. 

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