Preventing a New Vacation Rental Listing From Being a Dud — AirDNA's New Tool For Home Buyers
Skift Take
AirDNA is providing a heap of reality to unwitting homebuyers who count on their new vacation rental to instantly covering their mortgage payments. The real numbers may tell a different story.
It's a tough U.S. real estate market with high mortgage rates and home prices still in the stratosphere. For investors looking to buy a second home as a vacation rental, how can they be sure it won't be a dud on Airbnb or Vrbo?
AirDNA, which analyzes short-term rental data scraped from Airbnb and Vrbo, has launched a feature to help with the analysis. Once investors peruse an overview of a short-term rental market, they can view homes that are for sale and AirDNA's estimates for occupancy, average daily rates, and revenue as a short-term rental property.
Converting a Home Into a Short-Term RentalFor example, you might see a listing for a
