Patryk Real Estate Show - Short Term Rentals cover image

20. $6M/Year From Boutique Hotels & STRs

Patryk Real Estate Show - Short Term Rentals

CHAPTER

The Importance of Knowing Your Comps

On air DNA, we would outperform the 90th percentile by 20 to 30%. But if I didn't for whatever reason, there's still so much spread there for us to make money. A lot of folks are in trouble now that have bought something in the last year and a half, two years,. That were like, Oh, it's going to keep going like this. So they bought based on projections and performance instead of historical data.

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