How I project revenue for short term rentals | Complete walkthrough

AirDNA (free to start, $ if more granular data needed): https://app.airdna.co/data/register?utm_campaign=lydia-patel&utm_source=influencers&utm_medium=youtube
My Airbnb Calculator (Free!) - https://lydiapatel.ck.page/f6c9cdd4f4
Airbnb hosting ($40 bonus, with me as your ambassador) - www.airbnb.com/r/lleung108
Thank you @AirDNA for sponsoring this video :-)



Timestamps:
0:00 Intro
0:45 About the property
1:14 Market analysis in AirDNA
6:52 Deeper dive into the 4-5 bedroom submarket
12:05 How to research comparable properties in AirDNA
19:56 Competitor properties on AirBnB
21:40 Synthesizing comp data
22:16 Property earning potential estimator
23:14 Final numbers
25:08 Did they list this on Airbnb?

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Already have/close to having an Airbnb? These may be useful:
Novo (fee free biz checking, awesome interface and app): https://novo.pxf.io/6ePnmE
Northwest Agent (discounted at $39 only for an LLC): https://shrsl.com/4869z
Hospitable ($30 credit): https://hospitable.com/?grsf=htt7vt
Minut: https://minut.grsm.io/y038at04wf00
Insurance (Steadily): https://lydiapatel.steadilypartner.com/

Business credit cards:
American Express Blue Cash ($500 cash bonus, 0% APR 12 months, and 2% cash back on spend) - https://americanexpress.com/en-us/referral/LYDIAPdjlL?xl=cp19
Chase Ink Unlimited (up to $900 cash bonus though usually $750, 0% APR 12 months, and 1.5% cash back on spend) - https://www.referyourchasecard.com/21m/K7ZY2FP2DC

My short term rentals playlist: https://www.youtube.com/watch?v=lfQLXUAXr6k&list=PLlI26iY7GVpZp55tbF6nWr1t2ZfEz0J38

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Gear:
DSLR camera: https://amzn.to/42yAeWK
Wide angle lens: https://amzn.to/3CqBosJ
Ring light: https://amzn.to/42LIpiV
Microphone: https://amzn.to/3qGbFKc
Music: https://share.epidemicsound.com/1hnc21 (FREE 30 day trial)

IG: www.instagram.com/lydiapatelll
Business inquiries: [email protected]

All ideas, opinions, bad jokes are my own. Not sponsored content. Links above contain affiliates - which means I get a small commission for telling you about the product/service and feels like a little tip jar for me. This is at no cost to you, and independent of the opinions I've already formed on these products/services prior to making the video. :-)

#shorttermrentals #airdna #airbnbhost