❓How do you know if the property is profitable to use for Airbnb? 🤔

Drew4043
Level 2
Malaysia

❓How do you know if the property is profitable to use for Airbnb? 🤔

Hi everyone!

 

I’m expanding my listings and looking to add more properties. Quick question for you all: how do you typically analyze whether a property will be profitable?

 

Since I’m based in Malaysia, it’s challenging to use software designed for the US market.

 

How do you assess if a property has good profitability potential and a higher occupancy rate?

 

Would love to hear your insights! 😊

3 Replies 3
Elisa
Community Manager
Community Manager

Hi @Drew4043 😊

Thank you for asking this question in the community and welcome!

 

Since your question is really specific, I would recommend connecting with local hosts from your area through our 👉 Local Host Clubs and asking them directly.

 

Let me know how it goes!

 

Warm regards 🌻

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Please follow the Community Guidelines //Merci de jeter un oeil aux Principes du Community Center

Sure, I've joined thanks! @Elisa 

Helen3
Top Contributor
Bristol, United Kingdom

By doing your market research and putting together a profit and loss account with all your set up and ongoing costs and as estimate of your likely day rate and number of days a year you are likely to let out a property for . @Drew4043 

 

this will give you likely profit levels .

 

you don't need American software