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How should appraisers approach short-term rentals?

DataMaster

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Proof of income, not the market rent. The best tool to determine an estimate for an STR is AirDNA. If only it was that simple.

Appraisal 148
article thumbnail

How should appraisers approach short-term rentals?

DataMaster

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Proof of income, not the market rent. The best tool to determine an estimate for an STR is AirDNA. If only it was that simple.