AirBnB General Advice

[Matt Finneseth]

Does anyone have any useful information regarding AirBnB properties that they would like to share here?

[Craig Curelop]

@Matt Finneseth - I live in Denver about 5 blocks from the largest park and 1.5 to 2 miles from downtown. 

I started AirBnbing my place in mid-July and I have had probably 10-15 vacant nights in 4 months. It can be extremely lucrative. In the summer months, I was making $1,500 a month and that's in a shared apartment. Now, it is slowing down and I'm down to ~$1,000 per month. I'm expecting that to dip to ~$800 throughout the months of January through March. 

If I were to rent this bedroom out normally, I could probably get between $700-$900 for it. So in the summer months I'm making double and even in the winter months, I will be making comparable prices. 

It is a little bit more work. I do a hefty amount of sheet and towel cleaning, but if you don't want to clean sheets and towels, then you can always hire the cleaning out.  

I would definitely talk to some other AirBnbers in your area. I know very little about Fargo, ND and as to whether there are attractions there where people need sleeping accommodations.