Airbnb in Louisville, KY

[Michael Faurest]

Hi everyone, I have a rental that is coming open in August.  I was thinking about converting to an Airbnb unit.  I don't know much about it and I'm not sure what the demand is in Louisville.  Has anyone had success with this strategy?  Can you rent furniture for the unit?  Are there services that can help with the cleaning?  Please let me know if anyone has any experience with this.  Thanks!

[Justin H.]

Hi Nghi, yes that area around Churchill Downs is more of a C class neighborhood.  I personally do not think it would be a very attractive area for Airbnb rentals.  Aside from Churchill Downs and and the Derby Museum there isn't a lot in that area.  It is close to the University of Louisville and to the airport, but there are nicer neighborhoods that are also close that have more restaurants, coffee shops, etc. to offer an out of town visitor.  I think with that location for Airbnb you may find yourself having to compete on price.  People that are familiar with the city would not be excited to stay in that area.  

You may be able to attract people to stay due to the proximity to the university and airport, but once they arrive and stay for a few days I'm not sure if they would be satisified, and your concern around negative reviews may be valid.  Just my thoughts.