It told me exactly where to buy my next investment," said David Malka, owner of several properties in Las Vegas, who used the Investor Explorer before deciding to expand his short-term rental business into Nashville where he purchased two properties last May. "Airdna's Investor Explorer was a perfect match for what I was looking for. The information is presented through an interactive dashboard that allows users to analyze the size, location, and types of properties that are performing the best. The analysis covers 10,000 cities and 22,000 postal codes to determine where home values are undervalued based on what they are able to earn on the short-term rental market. Then, using seasonality of the local market, it determines the full year revenue projections for properties that have been rented for as little as sixty days in the past year. The Investor Explorer uses proprietary algorithms to calculate how much any property listed on Airbnb is earning across all vacation rental platforms. "By developing this app, we're able to address this need at scale and make it accessible to everyone from the small individual investor to institutional real estate companies building a portfolio in this emerging industry." "With short-term rental investments significantly outperforming long term rentals, the number of people contacting us for advice on where to purchase vacation rental property is increasing rapidly," said Scott Shatford, CEO of Airdna. Investors can also view individual Airbnb listing revenue, occupancy and nightly rates on a map to learn what specific locations and types of properties are performing the best. 5, 2017 /PRNewswire/ - Airdna, LLC announced today the launch of Investment Explorer, a web app combining over 100,000 properties rented on Airbnb with home value data to identify the most profitable short-term rental investment locations in the US.
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