Process
** can copy and paste this when starting new market to research
Look at market: bedrooms, amenities, etc Find the average annual revenue by bedrooms interested in ex: a 4br = $60,000 use the table from elljay (market stats by bedroom) and then set filter to be the market you are analyzing Look for the top performing properties of the bedroom counts interested in: top 2 categories in pricing To find this I filtered by bedroom count under listing profile and then to find the top performing properties I filtered by reveneu and chose luxury to start to find the top performing properties. At that point you’ll be able to see location of the top performing properties and then from there you can change bedroom count and go into upscale if want to see the next tier of properties. What do they look like? Style, design Look for things to do and find golden triangles (google bard) (if want some ideas of where to buy property in area or surrounding areas) Setup a search on zillow with what found Is this an area we want to pursue? If yes look for realtor on Bigger Pockets
To find markets
keep looking at emails from emir and here Look at macarthur and new plymouth look at midwestern cities: st. louis, kansas city, milwaukee, fayetteville find things to do: nat’l and state parks, college football check out the lady from bigger pockets podcast: jenni Vega
Examples:
Louisville
Opportunity in 3 bedrooms (20%), 4 (11%) and 5+ (8%) Opportunity for pool (7%) and hot tub (5%) Big jumps in per bedroom rev for 4 and 5 bedroom units, 5 bedroom especially it’s weird because a lot of the “top performing properties” have low to no reviews so airdna might be reading it wrong to see if address is eligibile for str seems like there is a big potential for beating listings. not great photos 4 Bedroom
Looks like 40206, 40205, 40204, 40222 area codes are best Some of the top performing ones:
5 Bedroom
thinking can just look at airbnb for the superhosts and then see their scores on airdna to find commonalities since don’t have the same feature they used to on airdna to find location. or can just click on them and see if any commonality on location
look at location by hitting luxury for both sets of different bedroom types. then also look at the amenities and design they offer
Tuscaloosa, AL
1 br (18%), 4br (16%), 5+br (5%) 4, 5, and 6 are massive jumps again in rev per bedroom; 4 and 5 seem like the sweetspots 
Market Research
