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Updated almost 4 years ago,
what to account for when estimating for a airbnb rental
I've been debating on buying a property to use as an airbnb rental. I'm familiar with estimating for a property that will be a long term rental, but not this. I wanted to see if I might get some tips on what I may need to take into account when working out my numbers on an airbnb.
Possibly things like:
what are typical management costs around airbnb and what does this include?
what are average cleaning costs, if they are not part of management?
how many days per month should be estimated as rented vs vacant?
is it better to rent furniture vs buy?
what are typical costs around furnishing something like a 2bed/2bath house?