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Updated almost 6 years ago on . Most recent reply

User Stats

34
Posts
3
Votes
Jean Claude
  • Investor
  • Atlanta, GA
3
Votes |
34
Posts

Moving from LT tenants to Airbnbs

Jean Claude
  • Investor
  • Atlanta, GA
Posted

So I am at 10 units and currently looking to expand into something commercial . I have been investing in Rochester NY but I also have a condo in ATL that I Airbnb.

The condo is my primary home and I rent out a room with a futon haha for about 45 bucks a night. Depending on demand I can adjust the price of the room and I usually make about 750-950 a month off a room.

Based off my current model I am now thinking it will be smarter to apply the same strategy to entire condos in Atlanta and rent them for about $105 a night.

Benefits - million dollar liability insurance , short term (can check on property) , debit card and gov id on file, payment with 24 hours.

What do you guys think?

Most Popular Reply

User Stats

408
Posts
361
Votes
Ernesto Hernandez
  • Realtor
  • San Francisco, Ca
361
Votes |
408
Posts
Ernesto Hernandez
  • Realtor
  • San Francisco, Ca
Replied

There are companies who manager everything for you on your behalf for AirBnb. Comes at a cost but you don't lift a finger. Works well if you want to truly scale up. 

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