Are Your Short Term Rental Statistics REAL? And What's A Pro Forma? | The STRR Podcast #60

Summary

Tim Hubbard discusses the importance of critically evaluating data and statistics, particularly when assessing real estate opportunities. He emphasizes the need to understand the authority, date, purpose, and coverage of data to avoid misleading information and ensure sound investment decisions. He also cautions against solely relying on pro formas, advocating for a blend of hypothetical scenarios with real-world data.