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Updated over 5 years ago,
Anyone own AirBnBs in Europe??
Has anyone bought places to hold as AirBnB in Europe? I'm looking to go in on a vacation home in Italy with my sister. We don't even need it to make that much money... if it covers the ongoing costs of us having a vacation home in Italy, we're happy.
That being said, I know there's SO much to learn about investing abroad. Taxes, local laws, getting to know the risks inherent to the local economy, agebuilding a team despite language barriers (our Italian is a work in progress), age of the structures there, management from afar, and SO much more. The town we're looking at is trying to attract more tourism and is therefore very friendly to AirBnBs, so that should help.
I would REALLY appreciate connecting with others who have invested abroad. Thanks in advance!