Thinking of Airbnb instead of Renting to Tenants

[Matt Chavez]

Alright, I just got done listening to podcast 229 with Zeona McIntyre. Dude my mind is blown as to what she’s doing with Airbnb. So here’s my situation, I live in Washington state and I have a house in the small town of Lindsay California. It’s a small farming town. This house is a 3bd 2bth and it sits on an acre of land just outside of town. Very quiet and very peaceful and very country. My renters are moving out in a week. And I’m on the fence of whether I should rent the house out again, sell it or Airbnb it. I have some equity in the house and the house does not cash flow. The house is an hour from the Sequoia National Forest, 3hrs from Yosemite, 3hrs from the coast. There’s a 9 hole golf coarse less than 1 mile away. I have family close to the property & they have an Airbnb and do fairly well with just a room in a mobile home. My entire goal is obviously to have the property cash flow. So I’m really here looking for any thoughts and/or advice. Thanks, MC