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Updated over 4 years ago on . Most recent reply

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14
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3
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Josh Lang
  • Rental Property Investor
  • Pittsburgh
3
Votes |
14
Posts

Pittsburgh AirBnb Market - occupancy rates?!?!

Josh Lang
  • Rental Property Investor
  • Pittsburgh
Posted

I am looking to purchase a house hack in the South Side flats neighborhood of Pittsburgh. The property has a finished basement with full bath and seperate entrance that I am doing some research on as a potential AirBnb unit while i live in the top portion of the house. I have done some research and am clear on what i can charge given the size of the rental (small studio with a full bath and small kitchenette) minus any fees and city taxes. I am looking for some information however on the expected occupancy rate in the area so that i can project my returns on the investment. Are there any AirBnb hosts out there in Pittsburgh that can shed some light on what to expect regarding an expected occupancy rate in South Side?

*assume pre/post-covid when things are more normal

Most Popular Reply

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1,533
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842
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Anthony Angotti
Agent
  • Real Estate Agent
  • Pittsburgh, PA
842
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1,533
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Anthony Angotti
Agent
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@Josh Lang it varies drastically across the city. Usually somewhere in the 50-70% range depending on how good you are about reviews and becoming a superhost.

Not sure what will happen Post COVID because that's a long way out. 

Always analyze them as a traditional rental first and make sure they work that way. 

  • Anthony Angotti
  • (412) 254-3013
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The Angotti-Gleve Team at DHRE
5.0 stars
7 Reviews

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