How to analyze an Airbnb using AirDNA in 2024 (part 2)

Let’s connect and work together:

Sign up to host on Airbnb and get my listing feedback

Download all my free guides:

[Bluegrassrentalsofeky]

Stats to look for good comp data…

- 250 days rented available
- 20 or more reviews
- That the property is actually active on air bnb, can be on Vrbo but MUST be on air bnb
- review population is active and consistent (recent month by month reviews)

Where do you or your listing in question fall into the available comps? Find your top comp and base comp, based off the available good data.

I appreciate you Rob! I joined your host camp 6 months ago. I also started YouTube channel for STR investing. Full time RN going full time RE.

Thanks again!

[mongranperspective]

Pls a part 3. But can you focus on the metrics we should focus on to determine if the property is profitable based on the price of the house and cost to renovate.

[bryanfahey]

Maybe another video idea for you - how do you determine what market to jump into? I find it hard to evaluate with airdna and other sites changing their lists frequently each year, and some of the places being a bit out there. I also feel like with some of these “best places to invest” sites - if you miss the short window to get in, you are already not in a position to make a nice return.

[curtiswatson]

This video series is great, do you plan to do a part 3? I'd love to see you work the #'s to see if a property makes sense once you've determined income potential.

[talialavor]

Rob, I love this style of video. I love that some of my favorite people on TY are going old school. All value. PS I think it allows you to stand out even more because without all of the bells and whistles, only value is left. Nice.

[SlackerWannaB]

Very interesting analysis! I’m not an Airbnb investor and I find this compelling TV.

Part 3, please! 👍

[ChadZapata-jhuz]

Such great advice from an expert. I am so waiting for part 3 coming up getting more detail of which to pick

[rssoto]

pls part 3 and maybe 4 ... good video!

[miamihustle]

I'm driving up to stay at your airbnb in Joshua Tree today. I'm looking forward to it. 😊😊😊

[yaelfuerst]

Part 3 pls!! Also do you look at the number of listings for the zip code to determine if the area is overly saturated?

[hmj]

Rob - You seem to be very proud of your interior design; would it be possible to make a video and take us on a tour of some of your airbnb's and allow us to see the interior?

[alexhill]

Good insight! Any chance we’ll get a part 3?

[wespos]

Yes....do this type of stuff more often

[divinehumans]

Enjoyed this explanation, very helpful

[nickmehl]

I would love a part 3 video - love this content. It seems to me, of the three properties you analyze, the only difference is the occupancy rates. The interior design looks about equal and the backyard differences seem rather insignificant. How then are two properties booking at >80% occupancy while one has 40% occupancy? That’s a very high rate that must require some aggressive marketing strategies - perhaps multiple platforms, a lot of mid-term renting. Tell us what you think in part 3.

[holyrolly]

Rob would you be interested in doing a case study on my property? I have a 35 acre ranch outside of houston that I am considering listing it on Airbnb but not sure if it’s worth it.

[jabernal]

they may be in the same area, but one can still have better location than the others. I look at google maps to see what is there.

also yes I do love your videos so please make part 3!! thanks for all the good info!

[animalvs.animal]

the STR revenue potential for my area is good, however airdna gives the zip a 29 rating. Should i disregard?

[angiealisya]

Rob in the future, tu crees que puedas hacer un análisis del mercado de Airbnb en PR? Compré 2.5 acres con dos casas vagones en el medio de la isla entre montañas.

[quantran]

promo code does not work Rob. AirDNA says it's invalid