Revedy
Discover, evaluate, and underwrite short-term rentals efficiently.
Top Features
Enter an Address to Discover a Property’s Earning Potential
This feature allows investors to input a specific address and uncover the potential earnings of that property. The tool leverages proprietary data and algorithms to give accurate assessments rather than mere estimations. This capability enhances user engagement by providing personalized and actionable insights, empowering users to make informed investment decisions with greater confidence.
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True Data™ Backed Underwriting
Unlike other companies that rely on scraped and aggregated data, the tool uses Revedy’s True Data™, a unique database exclusively focused on short-term rental investments. This feature ensures all underwritings are precise and reliable. By offering data directly sourced from industry experts and property managers, users can trust the accuracy of financial evaluations. This substantial innovation helps identify the best markets and delivers unparalleled trustworthiness.
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Benchmark Against Top Markets
The benchmarking functionality allows users to compare potential investment properties against the top 10 markets using real data. It offers projections of earning potentials and insights into STR performance and market overviews, all while considering local regulations and permitting. This sophisticated analysis simplifies the decision-making process by providing customizable and detailed comparisons, enhancing the ability to pinpoint lucrative investment opportunities.
Pricing
Pros & Cons
Pros
The tool provides users with proprietary data and detailed insights, enhancing confidence in investment decisions.
This feature meets the needs of investors looking for accurate, reliable data, minimizing guesswork and improving decision-making quality.
The ability to enter an address and uncover a property's earning potential adds a personalized touch, catering to specific user inquiries.
Regular updates and weekly STR listings ensure investors are constantly informed about the latest opportunities.
Using Revedy’s True Data™ for underwriting, the tool offers a unique and dependable data source, not just scraped or aggregated information, adding credibility.
Comprehensive investment analysis, performance data, and market overviews provide a holistic view of short-term rental investments.
Detailed evaluation criteria, including occupancy rate, average daily rate, and nights rented per year, offer a clear financial picture of potential investments.
Insights on local regulations and permitting processes help users navigate legal complexities, preventing potential legal issues.
Cons
Subscriptions are required for full access, potentially barring casual or low-budget investors.
Depending heavily on proprietary algorithms could lead to inaccuracies if the data is not frequently updated or comprehensive.
The focus on short-term rentals may limit the tool's usefulness for investors interested in other property types.
Manual underwriting analysis, while thorough, can be time-consuming, potentially delaying investment decisions.
Investors in less popular or rural areas might find the data less
Overview
Revedy is a powerful tool designed to help investors efficiently discover, evaluate, and underwrite short-term rentals. Users can enter a specific address to determine a property's earning potential through Revedy’s proprietary data and algorithms, providing accurate financial assessments. Featuring True Data™ for precise and reliable underwriting, the tool sources data directly from industry experts and property managers. Additionally, its benchmarking functionality allows for comparisons against top markets using real, up-to-date data. While it offers comprehensive insights and regular updates, full access requires a subscription, and its focus on short-term rentals might limit use for other property types.