Airbnb Property Analysis

[Caleb253]

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! 

[Mike-And-Jane0]

@Caleb253 If I were you I would look into Airdna.com. They sell data with respect to Airbnbs occupancy and rates. I am sure it won't have fidelity down to a particular house but it will have potentially useful data at a higher level