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Updated almost 2 years ago,

User Stats

61
Posts
49
Votes
Michael A.
  • Financial Advisor
49
Votes |
61
Posts

Seeking advice on starting an Airbnb

Michael A.
  • Financial Advisor
Posted

I currently own one rental property (duplex). I plan to buy another rental property by the end of this year around $150k price range. I’ve been thinking about trying the Airbnb route. My current duplex is a normal tenant occupied rental. 

I’m wondering what the best markets to invest in for Airbnb. I’ve been looking at Cincinnati Ohio and different parts of Florida. 

I’d like to hear from successful airbnb investors here on BP and how they started out in the very beginning. How should I start? Multi family or single family? Does the interior have to look modern? Travel nurses, vacation, etc? How do I acquire a management team and cleaning crew? Any good books? 

appreciate it. 

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