Is AirBNB really dead?

[Daniel Muscarella]

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.  

[Bruno Sotelo]

Hi Monica, Thanks for your feedback. I'm currently evaluating BNB Leverage for my own investment. $90k sounds like a good number for one year. How does BNB Leverage help you for sudden things you have to physically attend? (reset the wifi, broken bathroom/sinks etc) How long did it take you to start profiting?

[Jack B.]

Quote from @Bruce Woodruff:

Quote from @Daniel Muscarella:

Like has already been said a) get a good job and put away $$, and b) learn, learn, learn....Give your time to Real Estate offices and Construction companies....

 This. I focused on getting a degree, learning job skills, getting and building a career, saving my money, and bam when the housing market crashed in 2008, I bought a paid in cash house here with my savings even though I had to pay all my own bills since I was 18 (rent, car, etc.). So stack money, wait for an opportunity...timing helps.

[Sarah Kensinger]

This has to be a joke...they've actually been saying Airbnb was dead for years now! So apparently this isn't a new topic which struck me as rather funny.