How can I determine viability of a property?

David11889
Level 1
Palm Harbor, FL

How can I determine viability of a property?

Hello. I am wondering if there is a means to determine the viability of a property before making an investment. For example, are there published figures for the number of rentals of a particular property or general are specific numbers for occupancy rates. 

I realize this may be completely private and not subject to public scrutiny. 

I have been looking into buying a property and some listings are showing as current airbnb properties. It’s possible I could ask the realtor but this is just a surface inquiry and would rather not get too bogged down with that. 

3 Replies 3
Emmanuel9
Level 4
Agios Nikolaos, Greece

Check airdna.com , the statistics there maybe help you

Mike-And-Jane0
Level 10
England, United Kingdom

@David11889 Just remember that Airdna data are historic. When potential hosts see profits they pile into Airbnb listings and then occupancy and pricing drops. I guess I am saying don't proceed if the business case is marginal unless you can weather the odd years losses.

Paula
Community Manager
Community Manager
Port Moody, Canada

Hello @David11889, and welcome to our community.

 

Have you checked the comments from our Hosts? Have you found any interesting insights on the webpage they suggested?

 

Let us know what you decide in the end.

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