Underwriting Co-Living or AirBnB

[Matt Von Bargen]

I am looking to connect with someone who has experience underwriting an AirBnB or Co-Living property. The asset in question has 50+ beds and is near an urban college campus. Looking to learn more about rates, occupancy and opex for these types of assets.

[Ola Dantis]

@Matt Von Bargen We are working on a Co-Living project in the UK, and what we have found out is really understanding the dynamism in rates during the year for a particular market. 

So, first what I'd suggest is find an Airbnb pricing tool you like and start gathering intel on the pricing fluctuations during the year so that you feed your underwriting process. An example tool is BeyondPricing.com (no affiliation).

Occupancy should be predictive due to your target pool (student population). 

Hope this helps... Good luck, Matt.