117. Four and a Half Tools to Forecast Occupancy

Short Term Rental Riches

It’s a bit scary pulling the trigger on a new property purchase in an area you don’t know too well. Luckily we have quite a few options these days to get a great overview as to what the occupancy could be; a crucial metric in determining the success of our short-term rental.

If no one stays there then obviously we’re not going to do well. So we have to get it right. We’ll talk this week about multiple tools that can all help us accomplish the same thing and by using them all we can make a confident prediction about a new market we may want to invest in.Stay tuned as we dive in to:

• 4.5 websites to find your occupancy data
• What metrics to look for
• The problem with “Top Airbnb City” reports
• Feeling comfortable with your occupancy forecast

Here are the links: All The Rooms, Mashvisor, Airdna, PriceLabs

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