How much I am making on my Airbnb in Chicago

[Syed Lateef]

I wanted to update BP on how one my Airbnb's have been preforming. The location is Jefferson park Chicago. its a 1 bedroom that i would have rented for $900. See the cashflow i have been receiving on a monthly basis.

I started in February

[Syed Lateef]

@Todd Dexheimer my expenses are cleaning maids, electric, gas, and consumables 

@Luke F. I believe the maintenance from an Airbnb vs Traditional rental should be similar. If a faucet is going to leak  you got to fix it. If AC or heat breaks you have to come get it done. 

I would say its less wear and tear as i have cleaning ladies coming every 3 days to clean. 

I would say theres more work to make guests happy. If i didnt have enough blankets or pillows. I have to get that done immediately. If coffee machine breaks i have to buy one on the same day.

The benefit is i dont have annoying tenants that feel entitled and give me problems (and have tenant rights). If i dont like you as a guest i can kick your @ss out :)

So there are trade offs... pros & cons