Air bnb in New Jersey

[Jose Nunez]

Hey Bigger Pocket members,

Has anyone tried air bnb over long term rental on a property in South Jersey? I've been wondering if this strategy would work in some of the south jersey suburban areas..i don't know anyone who does air bnb. So I do wonder if it really is more profitable and what kind of problems are expected to come with it. Thanks

[Brad Spuhler]

@Jose Nunez Hi Jose- I have some units that I run thru Airbnb in a shore town in South Jersey and it’s definitely more profitable than a long term rental but it’s a lot more hands on.

Think of it as running a mini hotel. You'll have to be able to respond to guests and clean regularly etc. There is good technology out there to help but I wouldn't make the decision Airbnb vs long term rental just based on money. Let me know if that helps and if you have other questions. There's a lot of great Airbnb/STR posts on BP that can help as well.