Trusting the rental process...

[Ande Andrea]

Hey everybody!


So I am currently getting my feet wet with airbnbing 2 properties this summer in 2 separate cities/states.
This is my first time doing rentals of this nature; and I have fall back plans in place for 6-12 months leases and just regular renting if I am not booked enough or it becomes too much of a hassle for me. 

But when you bought your first rental properties and rather its airbnb or annual renting, did you feel fully confident you were going to be able to have it booked or rented at least in a timely fashion?
Any steps I can take to further increase my confidence?

I just have a concern about this and would really really love for these properties to break even for me, or at least bring in an income; and not be an expense to me. Thanks!!

[Deanna McCormick]

You'll soon find out.. If you decide to rent as regular make sure you download the landlord tenant laws for each state your renting in..  Airbnb to me is more like a hotel room and I wouldn't want the turn over or headache of constant cleaning the unit. 

It's the person that has a SFH that they can't sell that becomes the unexpected landlord usually and the issues they have could fill a turnip truck.. they aren't prepared, don't realize what the costs are, losses are, and have no clue usually what a landlord is required by law to do, so they wing it and then are shocked as to how "taken advantage" they were. and how much court costs are, and how hard it is to fix a dirty messy place the tenant just left with no notice or worse where they wouldn't leave and they spent $$$ in court and legal fees to get them removed.