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Updated 4 months ago on . Most recent reply

User Stats

75
Posts
26
Votes
Bob Beach
  • Rental Property Investor
26
Votes |
75
Posts

Leased SFH vs. AirBnB?

Bob Beach
  • Rental Property Investor
Posted

We're considering changing our investment strategy. We have a handful of properties in TN and MS, mostly older homes and maintenance is starting to dig into our profits. We also have two newer houses that are fairly trouble free. So, we're thinking of selling the older houses and buying a newer house in Las Vegas (within 5 to 10 miles from Fremont/Strip area). I know nothing about Airbnb's so considering an Airbnb compared to a lease on a SFH. The Airbnb's I've seen are mostly condos and apartments, so can a sfh be an Airbnb? Lease the house would bring in about $2200 per month (minus tax, ins.) and so what would an Airbnb bring in? Can you keep it rented on a regular basis?

Thanks for any advice and knowledge. 

Most Popular Reply

User Stats

448
Posts
299
Votes
Stephen DeThample
  • Real Estate Agent
  • Las Vegas, NV
299
Votes |
448
Posts
Stephen DeThample
  • Real Estate Agent
  • Las Vegas, NV
Replied

Read up on Las Vegas Short term rental rules. Not impossible, but not likely to get a license. I would focus on a midterm rental. If you have specific questions, let me know. 

Good luck 🍀 

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