Calculating ROI of adding a pool to my short term rental | Analytics deep dive
Summary
Lydia Patel walks through a process for evaluating the ROI of adding a pool to a short-term rental property, using AirDNA to analyze market data and compare properties with and without pools. She details the steps involved, including choosing an amenity, defining comparator groups, making a comparison, and considering the costs of investment and maintenance. She determines it's a good idea to check if the data has changed periodically, like a few months, to remain current on the market.
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