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Updated over 5 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Kp Singh
  • Rental Property Investor
  • Federal Way, WA
1
Votes |
11
Posts

Air BNB in Seattle pros and cons

Kp Singh
  • Rental Property Investor
  • Federal Way, WA
Posted

Hi there first time poster. I was wondering what the pros and cons would be by buying a house with a conventional loan in my market. Seattle. If anyone has had any experience with air BNB I'd love some insights and thoughts. Thank you.

Most Popular Reply

User Stats

706
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2,310
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Michael Haas
#3 New Member Introductions Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,310
Votes |
706
Posts
Michael Haas
#3 New Member Introductions Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

@Kp Singh do you currently own your primarily residence? Our Airbnb is very profitable, but your cash-on-cash return would be better with a low money down loan on an owner occupied BRRRR house hack or multifamily. The best cash on cash return is almost always going to be an owner occupied property because those loan terms are so favorable.

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