How to Calculate Your Average Daily Rates

ADR stands for average daily rates. Occupancy tells you how many days out of the year you can expect to be booked. Cleaning fee income is something that's unique to short-term rentals. But Airbnb and Verbo charges fees, but then host also charge what are called cleaning fees.

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Don’t know how to analyze a rental property? After this episode, you’ll be a rental property analysis pro, knowing exactly how much money you’ll make on your first, second, or next real estate investment. But don’t worry; you won’t need any complex formulas, dense spreadsheets, or complicated math to calculate how much cash flow you’ll collect from your real estate deal. Instead, you can use the EXACT methods we show to analyze investment properties in minutes, EVEN if you’re a real estate rookie!

Wait? Did David and Rob morph into the queen of upstate real estate, Ashley Kehr, and short-term rental/skincare expert, Tony Robinson? Fortunately, David and Rob are safe and sound, and in this episode, Ashley and Tony from the Real Estate Rookie podcast will teach you EXACTLY how to analyze real estate deals in 2023. From long-term to short-term rentals, BRRRR properties, and choosing your real estate market, Ashley and Tony will go through everything you need to ensure your first or next real estate deal is a home run.

Our hosts will go step-by-step through analyzing a real estate investing market, signs of one you should invest in, building your “buy box,” analyzing a long-term, short-term, and BRRRR investment property, and how the 2023 housing market has changed. If you’re still waiting to get a rental property under contract, this is the place to start!

In This Episode We Cover:

How to analyze a rental property, short-term rental, or BRRRR investment from scratch

2023 housing market updates and what you MUST know before buying

Using the BiggerPockets rental property calculators to analyze properties in minutes

Where to find insurance prices, property taxes, and other KEY variables

The three things you MUST know before analyzing an Airbnb or vacation rental

Financing your real estate deal and rental property loans you can use to purchase an investment property!

And So Much More!

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