How I project revenue for short term rentals | Complete walkthrough

Video Description

AirDNA (free to start, $ if more granular data needed): https://invite.airdna.co/Lydia-Patel1 Thank you @AirDNA for sponsoring this video :-) MY TOOLS: My Clickup operations dashboard and template (Vacation Venture Vault): https://lydiapatel.com/vacationventurevault Short term rental calculator (free): https://lydiapatelll.ck.page/calculator Setup guide downloadable (free): https://lydiapatelll.ck.page/how-to Airbnb hosting with me as your ambassador: https://www.airbnb.com/rp/lydiap12302 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? --------------------------- 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://tidd.ly/4gn0U5m Hospitable ($30 credit): https://hospitable.com/?grsf=htt7vt Minut: https://minut.grsm.io/y038at04wf00 Insurance (Steadily): https://lydiapatel.steadilypartner.com/ Business credit cards, both with 0% APR initially (PLEASE pay off before that ends). American Express Blue business plus: https://americanexpress.com/en-us/referral/bluebusinessplus-credit-card?ref=LYDIAPwMhD&XL=MIMNS Chase Ink Unlimited - https://www.referyourchasecard.com/21w/JVCCM3NDR9 My short term rentals playlist: https://www.youtube.com/watch?v=lfQLXUAXr6k&list=PLlI26iY7GVpZp55tbF6nWr1t2ZfEz0J38 --------------- 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