I believe you have to understand the fundamental of underwriting to be successful in this business.

Michael ChangFeb 8, 20230m 35s89 viewsScore 65
Pricing & Profitability
intermediate
Profitability
Market Research
ADR
Occupancy
Airbnb
M

Summary

AI-generated

This video shares how you can use Airbnb data to make money in 2023. Michael Chang, a former investment banker who made over $2 million on Airbnb in 2022, talks about the importance of finding the right property in a profitable area with the right amount of beds and baths.

Key insights

  • Metrics like ADR, occupancy rate, and seasonality are essential when choosing a property.

Tools & resources

  • AirDNAtool

    Analyzes Airbnb data to find profitable properties and markets.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial