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Updated about 1 year ago,
To BnB, or not to BnB
Hello BP,
I just started looking for 1 year lease tenants in my duplex over in Northern NJ. It’s been a few weeks of my first unit on the market but I am confident I can find a quality tenant.
But when talking to my neighbor who owns a few similar properties… he swears by Airbnb. That’s definitely something I want to get into, but never thought I’d be able to do that in my first property.
BP, what would you do? Is it odd to have one unit be a year lease and the other unit Airbnb? Would you dive right into BnB with your first deal? I’ve done very little research on what it takes to furnish / maintain a Airbnb property but I imagine it’s not the easiest.
Would love some advice, thanks!