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Updated about 3 years ago,
Do I sell my house or do short term rental?
So I’m struggling on what to do and need some help. My house is on the the shoreline of CT. Downtown walking distance to everything including the train station. We added a suana and converted our garage into a a legit gym with turf and all. We can sell for 490k in this market make 200k off the house immediately or do we do Airbnb as we are in a vacation town. My concerns is when the market drops I won’t get the sale price again and airbnbs pricing in the market will drop as well or I won’t make that $ Airbnb for a few years? Etc. Do I sell and make the cash and continue to flip houses or keep this house and Airbnb?