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Updated almost 8 years ago on . Most recent reply

User Stats

108
Posts
25
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David S.
  • Investor
  • Fridley, MN
25
Votes |
108
Posts

AirBNB for the Superbowl

David S.
  • Investor
  • Fridley, MN
Posted

Cross posted this to general, but might get more information here.

I have a property 2.5 miles from US Bank stadium, where the 2018 Superbowl will be held. I've heard there was a very good prices on AirBNB in the past in Houston and Santa Clara. Does anyone have experience during the previous two and can talk about it? Prepping one or two of the units for a short term rental would take a bit of work and cash, and potentially having them empty for a month or more since few people want to move or visit here in the winter could be a big downside.

I need to be able estimate the nightly price and potential costs(like furnishing an apartment). 

Most Popular Reply

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1,014
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1,171
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Natalie Schanne
  • Real Estate Agent
  • Princeton, NJ
1,171
Votes |
1,014
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Natalie Schanne
  • Real Estate Agent
  • Princeton, NJ
Replied

David S. - do you think you could still fully capitalize on the Super Bowl if you offered short term rental services to an existing tenant and split the profits?

For example - keep all your units rented 100%. Offer in Oct/Nov/Dec an opt in (and liability waiver) to have their unit as already furnished rented for the super bowl weekend. You'd market it and find people and coordinate paying any taxes and split room rental profits 50/50 including cleaning the place before and after the super bowl rental for the tenant. Just a thought.

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