Long term rental or short term Airbnb style?

[Alex Fichter]

If you have experience with an Airbnb property could you tell me why you went that route over a long term rental?

Vice versa, if you went with a long-term rental over an Airbnb could you explain your reasoning?

[Kamil Baldyga]

I chose to do short term rentals because it increases my cashflow per property. In this market, rule of thumb is double what it can bring in as a LTR. So if a property operating as a LTR brings in $250 cashflow, it will be bringing in around $500 as a STR. I do ensure that the numbers still support the property as a LTR in case there is a change in the STR market. I also just have more fun setting up AirBnbs.