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___________________________________________________________________________ The TRUTH About Renting Your Home On AirBnB | Real Estate Investing 101 In this video I show you the truth behind renting your home on airbnb and how you can make money with airbnb. Now the question I had when I first looked at the Airbnb business model was which one makes more sense: Renting your home on Airbnb or putting in a long term tenant… (short term vs long term) And it's a great question, which caused me to dive deeper into the financials behind how much money you can make on airbnb, how the different times of the year impact your occupancy and the price per night. Now I believe I offer a great perspective on this since I have extensive experience as a customer inside of 60+ Airbnb's all over the world, and I am a residential real estate investor in Arizona with 5 properties. I understand the consistency in a long term tenant, the cashflow on a property and how little management it takes. Now when you rent your home on Airbnb or a spare bedroom, there's a lot of work that goes into it. Ranking & managing your listing on Airbnb, communicating with customers, getting them checked in, making sure their stay is great and then dealing with cleaning at the end. From there, you have to repeat this process to continue bringing in money. So is this how you invest in real estate? Well, you just have to understand the difference in numbers along with the time of management. Those are the 2 biggest things. But this is real estate investing 101 for beginners, determining which type of rental property you want to own. A short term rental can be super profitable but offers a lot of inconsistency. So make sure to watch all the way through this video to see how I invest in passive income real estate and what my take is on short term rentals with the Airbnb business! Drop a LIKE if you enjoyed the video!
*Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based my own own experience and research. There is no guarantee on anything due to the fact that there are many variables in your success.
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