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Updated almost 4 years ago,
Purchase Property to AirBnb
Hi Everyone,
I've never purchased a property to use as an AirBnb so this is all new to me. If a property won't cash-flow positive as a LTR, but will crush it as an AirBnb (based on numbers from AirDNA) is it worth purchasing? Is AirDNA reliable? After all expenses (mortgage, taxes, insurance, repairs, maintenance, capex and 20% management) it'll cash flow $750/month. Any and all advice with this would be great!
Thanks,