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Updated almost 10 years ago,
AirBnb in Non-cashflowing markets
Hello BP. I am curious as to what everyone's opinion is on this matter. If you live in a market with a high price-to-rent ratio, such as my Market here in Portland, where cashflow is impossible or very difficult. What are your thoughts on buying one that is cash flowing negative to use as an airbnb rental property? I realize it takes more work, but could one consistently create positive cash flow at the end of the month using this method?