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Updated about 1 year ago on . Most recent reply

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Daniel Muscarella
  • New to Real Estate
5
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23
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Is AirBNB really dead?

Daniel Muscarella
  • New to Real Estate
Posted

Hi all,

I'm a 19 year old and have been wanting to get into real estate, specifically renting a property and putting it on airbnb to get cash flow, however I been seeing around that airbnb isn't what it used to be.  People complain that there are too much for cleaning fees and that hosts make the guests do a lot of work that really seems unnecessary.  I also see people say that they rather get hotel rooms now instead of airbnb because it's a cheaper option.  So, I just want to see if anyone that is in airbnb can justify that and maybe give me some tips for someone that is starting out or wants to start out.  

Most Popular Reply

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7,984
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
6,661
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7,984
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Good golly @Daniel Muscarella, TikTok is not a reliable source of information on anything. Read the posts here and get a good snapshot of the market.

As per usual, I will say arbitrage is not the best idea. It is not really investing, just doing a job. 

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