How does my actual Airbnb revenue compare to AirDNA’s forecast?.
The Secret to Forecasting Airbnb Revenue.
If you click a link and make a purchase, I may earn a commission at no additional cost to you. Read on to learn the exact strategy that gave me the confidence to invest in a short-term rental property that now makes over $87,000 per year! ( And it was my first-ever real estate investment!) Below, I’m breaking down exactly how I forecasted the revenue for my first Airbnb and how my actual revenue compared to AirDNA’s forecast. If you’re struggling with creating a reliable revenue forecast for your Airbnb, you’re in the right place. But, it’s possible to forecast revenue with enough certainty to give you the confidence you need to make a smart investment decision. Even after running an Airbnb for years, there’s always going to be risk and unpredictability in your future revenue. The truth is, you’re never going to know exactly how much revenue a given property will generate. Thankfully, there are tools like AirDNA to help hosts forecast revenue, but those tools might leave you wondering – is this even accurate? One of the hardest aspects of starting an Airbnb is knowing how much you’ll actually earn and whether or not a certain property is a good short-term rental investment.
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