Buying Airbnbs In A Competitive Market
58 viewsover 4 years ago10m 40sScore: 80
James Svetec
Pricing & Profitability
intermediate
Market Research
Profitability
Pricing Strategy
Revenue Management
Expenses
Summary
In competitive markets, the two key strategies to successfully purchase STRs are accurate profitability analysis and sourcing off-market deals. Accurately running profitability numbers helps investors avoid overpaying and understand true market value, while off-market strategies eliminate the 5% realtor premium and offer potentially more favorable terms.
