I started with the free version and got by on the free one till I had my markets narrowed down and got super serious (like purchase within next 6 months). I currently have pro and I like the ability to see historical data and submarket neighborhood info.
Great question - @airdna might know the details? I don't use that info in the calculator at all. I only take the revenue from AirDNA, and figure out the operating expenses separately.
Hello Lydia, could you please advise me if I have two separate apartments located next to each other that I rent out on Airbnb? Can you guide me on whether I can rent each unit independently or rent both units simultaneously to accommodate larger groups of guests? Should I set up three rental units-two individual apartments and one combined unit-or do you have a better suggestion?
@@binhphung3521 see if you can set the calendars up to sync either directly on airbnb or with whichever property management software you end up using to sync VRBO and Airbnb calendars
I would suggest starting with the free version. Just play with it and see if you’re (1) enjoying the software and (2) serious in hosting. Their pricing tiers describe the differences (personally the main standouts for purchased version is the neighborhood data and historical data).
for market research they're pretty solid. they do the scraping method (which I think most of the market assessment tools do), and add to it any AirDNA user data for folks who use them as their dynamic pricing tool. I double checked how they estimate my existing rental (I haven't linked account to provide listing-level data), and it's under by about 5-10%. It reads my VRBO and Airbnb separately, and can't see the early check in / late checkout fees that add to my overall revenue.
I'm from MN too! Recently relocated to LA, love how informative u are & what ur doing
Thanks! I lived in LA for a year and had a wonderful time
Thanks for your content! I would like to see you go through all this rentals and tell us your thoughts about them. 👍
Which cities are the best/low restrictions for STR,
Hi Lydia! Love your channel! What subscription did you opted for in Airdna?
I started with the free version and got by on the free one till I had my markets narrowed down and got super serious (like purchase within next 6 months). I currently have pro and I like the ability to see historical data and submarket neighborhood info.
Does the operating net income for a listing include the rent?
Great question - @airdna might know the details? I don't use that info in the calculator at all. I only take the revenue from AirDNA, and figure out the operating expenses separately.
Hello Lydia, could you please advise me if I have two separate apartments located next to each other that I rent out on Airbnb? Can you guide me on whether I can rent each unit independently or rent both units simultaneously to accommodate larger groups of guests? Should I set up three rental units-two individual apartments and one combined unit-or do you have a better suggestion?
I’ve seen people set them up as 3 separate ones. That’s probably what I would do, to keep the pricing and calendar easier to manage on my end.
@@lydiapatelll Hi Lydia and marry Christmas :D, sorry but if i set up 3 separate one, Is there any way to limit or prevent double booking?
@@binhphung3521 see if you can set the calendars up to sync either directly on airbnb or with whichever property management software you end up using to sync VRBO and Airbnb calendars
Would you suggest an aspiring or new host to purchase Airdna subscription?
I would suggest starting with the free version. Just play with it and see if you’re (1) enjoying the software and (2) serious in hosting. Their pricing tiers describe the differences (personally the main standouts for purchased version is the neighborhood data and historical data).
Do you find that the data from AirDNA is for the most part accurate?
for market research they're pretty solid. they do the scraping method (which I think most of the market assessment tools do), and add to it any AirDNA user data for folks who use them as their dynamic pricing tool.
I double checked how they estimate my existing rental (I haven't linked account to provide listing-level data), and it's under by about 5-10%. It reads my VRBO and Airbnb separately, and can't see the early check in / late checkout fees that add to my overall revenue.