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Updated over 1 year ago,
How much do you trust AirDNA's numbers?
Hey Community!
I am trying to decide between 3 properties here in Atlanta to do an Airbnb arbitrage but I'm trying to figure out if each property is a clear deal or am I forcing deals by thinking I could decorate them and command a higher occupancy.
Would love some insight. Especially in the Atlanta market. There are so many different parts of "Atlanta"!
Here's what AirDNA says:
Property 1 3BR/2BA with an in-law suite in a vague part of northeast Atlanta
- Occupancy Rate 57%/Average Rate $222/Rent $2,795
Property 2 is a 2BR/2.5BA closest to West Midtown, but it's not walkable to anything
- Occupancy Rate 48%/Average Rate $148/Rent $2,850
Property 3 is a 4BR/3BA in deeper west Atlanta
- Occupancy Rate 49%/Average Rate $322/Rent $3,300
I think I could increase occupancy and even nightly rate by giving them a specific theme and taking professional photos.
Also, I would be staying in one of the rooms or in-law suite so I know that would change the numbers a bit, but I'm not sure how much to factor that in.
If you need more context about each deal shoot with any and all questions!
Thanks for your help!