Hello Everyone,
I am looking to buy my first house to airbnb and I want to know how investors run numbers on specific properties. I am new to the airbnb business but I do have a background in wholesaling real estate. I'm not as concerned about analyzing markets but more interested in underwriting specific properties. I am mostly concerned about getting an accurate estimate of the gross revenue for the year.
Basically if I gave you an address and asked you to estimate how much money it would make per year, how would you estimate it as accurately as possible? I want to make sure I don't overpay and lose money! Thank you all!