Airbnb Property Analysis

Airbnb Property Analysis

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! 

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