Interview with Heather McLaughlin on Opteon's Short-Term Rental Analysis
There is some confusion in the market regarding how to handle Short-Term Rental properties in lending. Should you use a 1007? Should you use AirDNA data only? The answer is simple: Use Opteon. Opteon's Short-Term Rental Analysis gives you everything you need to properly value a Short-Term Rental property.
Watch Video as John Barcelo interviews Heather McLaughlin, EVP, Opteon Operations, on how Opteon's Short-Term Rental Anslysis works.
John Barcelo: Hi, Heather. Thanks for joining us today. Can you tell us a little bit about Option's new Short-term Rental Analysis?
Heather McLaughlin: Yeah, absolutely. I'd be happy to. So, our new short-term rental analysis is truly a first-to-market product. We've taken the problem that the industry faces today and being able to keep up with understanding income potential on short-term rentals. And what we've done is we've combined the power of AirDNA's Rentalizer tool with Opteon's staff-certified general appraisers to ensure that we're providing a true market understanding of the potential income of a subject property.
Now I know that you might be thinking to yourself, what about the 1007? Or can't I just go get AirDNA data on my own? And the truth is you could get AirDNA data on your own. But what AirDNA data on your own isn't going to provide you is an expert level opinion of how the market is performing and whether the subject property truly fits in the market as a short-term rental or would be better served as a long-term rental.
John Barcelo: Wow, that sounds great. Thank you, Heather, for joining us today. And anyone that would like to learn more about the Short-term Rental Analysis, please reach out to me at john.barcelo@optionusa.com. Thanks so much, everyone.
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