Leasing an Apartment and then renting on AirBnb

[Michael Venneman]

I'm currently in college but not sure if I want to buy a house to rent and live in for 2 years. Saw something about leasing an apartment and then renting said apartment on AirBnb. Anyone done this before or have any material that I should read into?

[John Leake]

I would check the lease for where you will be renting first many have exclusions for doing any sort of subletting. You will also want to check local ordinances that can often be pretty strict against short term rentals. However those being said the cashflow can be great on STR you'll just want to stay out of trouble. I would look for other rentals in your area and run your numbers to see what you should expect as a return. For the landlord you would be renting from they are going to get back a nice unit back because you're going to have someone come clean and maintenance it when there is turnover. You could also reach out to other folks in the area doing AirBnb to see if they have recommendations. BiggerPockets also has a book Short-Term Rental, Long-Term Wealth which was a great read! https://store.biggerpockets.co...