Short Term Rentals - St. Louis

[Brandon Carlson]

Hi BP,

I'm on the fence about whether I should purchase an SFR for a rental or Airbnb. I have identified some areas in St. Louis that meet the 1% rule, and quite honestly, I would be okay with those returns. The more and more I hear about short-term rentals and the cashflow you can earn, my interest has gravitated towards Airbnb.

Below are a few questions I have about Airbnb in St. Louis:

1. Has anyone had experience with Airbnb?

2. How has your experience been with guest/Airbnb

3. What should I know before purchasing a property?

4. How does COC return compare to Airbnb?

5. How do you manage the property?

I appreciate any input. Thanks