Anyone have an AirBnB as investment property? Is it doing well?
Perhaps I should have been more clear. The increasingly bad reputation of short-term rentals will probably lead to local governments taking action to drive them away with regulation, fees, and taxes.Thanks for the investment help. Do you have any investment ideas?
Perhaps I should have been more clear. The increasingly bad reputation of short-term rentals will probably lead to local governments taking action to drive them away with regulation, fees, and taxes.
We had a STR house in Temecula for a while. We never made enough to cover costs until we got a long-term tenant.
My friend is big time in this space. He makes a killing in OC and just sold his LA place to big corp because of the crime. He got cash offer in one day and it was above the asking price. His OC places are making him lots of money so he can live free. He and his wife live in Bali and live like King and Queen.Anyone have an AirBnB as investment property? Is it doing well?
Dude... Bali is so nice.My friend is big time in this space. He makes a killing in OC and just sold his LA place to big corp because of the crime. He got cash offer in one day and it was above the asking price. His OC places are making him lots of money so he can live free. He and his wife live in Bali and live like King and Queen.
Yes it is. My other pal Colin is moving to Bali in two years. He lived there for 6 months and decided to work his ass off for 8 years and then live the rest of his life being treated like a King.Dude... Bali is so nice.