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Updated almost 8 years ago,

User Stats

7
Posts
2
Votes
Joseph Bosco
  • Real Estate Agent
  • Beverly Hills, CA
2
Votes |
7
Posts

AirBnb opportunity

Joseph Bosco
  • Real Estate Agent
  • Beverly Hills, CA
Posted
Does this look like a good opportunity? I have an opportunity to rent out the new beautiful units in my building for $1650. Its beverly hills california, 90210 zip code, the location is perfect for tourists. I want to rent as many as i can and AirBnB them as much as possible. If you rent them for $100 a night thats a min of $2500 per unit for 25 days. $150/ night brings in $3750/ month $250/ night brings $6250/month per unit That is the worst case scenario, good case scenario and best case on 25 days. There is a reality between them which is still pushing a min 25% return on investment. I dont have experience with airbnb, I would appreciate some tips for the yaysayers, also if anybody wants to go in on this with me, message me asap.

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