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Updated almost 4 years ago,
Airbnb Fort Worth - Is it worth it?
I have several long term rentals in the area and I’m trying to determine if it’d be worth it to convert these to short term rentals instead. I have looked at AirDna but I’m not real comfortable with the data (especially the average daily rate) after looking on AirBnb directly and finding comparable properties (and their calendars) close to my properties. Are there any fellow BPers that have first hand knowledge of how their short term rentals are doing? How are the regulations currently in Fort Worth and the surrounding area? Is it a must to be xxx miles from the airport?
Most of my properties are 3/2 ranch style homes.
Is $7,500 a good estimate to outfit each property with furniture, decor, washer/dryer, TVs, etc?
Thanks everyone!!