All Forum Posts by: Lygia Bratton

@Lygia Bratton

Try https://www.airdna.co/

All day, everyday for anything STR.

Cheers!

Hi Lygia, you can definitely find comps and estimate MTR rental rates with Airbnb and Furnished Finder. Just make sure to check if the comp is primarily a STR, which might make the mid term rates look higher if that listing is not targeting mid term bookings.

Hi Allen,

I’m trying to comp the property itself and not the rental income. Any suggestion on any free websites that I might be able to do that?

I'm not sure AirDNA will help much for mid term rentals. There's a lot of data out there for short term rentals, but there's no easy way to determine MTR occupancy rates that I'm aware of. Networking and asking others in your market may be your best bet. In Los Angeles, our properties have around 10-15% vacancy throughout a given year. I recommend going with conservative number as you're analyzing and see how that works out for your deal.