I use it daily and find the results vary by property from very accurate to wildly inaccurate. 

New member looking for tax advice on first RE deal.Looking to offset taxable income of my current business income while investing in a rental property.

Hello BP,An owner of multiple units reached out to me and was interested in my property management company.

AirDNA (I always check multiple places) says this property could make a $500 average daily rate (ADR), with 65% occupancy as a basis.I pulled up the new BiggerPockets STR calculator spreadsheet and realized this might be a winner.After entering all of my research numbers, it shows a potential CoC of 12.49%, a monthly profit of $14,385, and expenses of $12,442 (even with a 15% management fee).

I currently live in Madison and am a Real Estate Agent with a Property Management firm here in Madison.

HelloI recently have a rental property with tenants for over 8years.

I figure for the first year, this property would gross at least $50k-60k annually.

I have an ADU on my property and we have been performing well. 

Having two open loans for the property is not ideal as that's double closing costs but maybe that is a fairly normal strategy?

I reached agreement with a seller to buy their 12 unit building at a very good price, but the property is located in an area where I'm required to have windstorm insurance because it's location close to the Gulf.