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Updated almost 6 years ago,

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1,418
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1,183
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Nick Rutkowski
  • Rental Property Investor
  • Ithaca, NY
1,183
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1,418
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AirBNBing my 5 unit apartment

Nick Rutkowski
  • Rental Property Investor
  • Ithaca, NY
Posted

Does anyone have experience/ could give me their feedback on my idea? I have the opportunity to turn my 5 unit into an AirBNB. I’ve talked to my tax accessor, code enforcer, and village to make sure we comply with zoning, taxes, and village rules. I’ve got the green light and I can get a permit for transient tenants.

I see a lot of us own Single Family Vacation homes and are crushing it. But have any of us turned their apartment complex into an AirBNB? I make 100-300/month extra per unit if I BnB rather than renting. Should I go through with it?

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