Thoughts on Leasing House/Apartment to rent out through airbnb?

[Andrew Beaver]

Hi all!

I've been an Airbnb Host for over a year now as a shared space host.  I love the experience but I want more.  I've spoken with people who have actually leased apartments/homes and then placed those properties on Airbnb for significant profit.  Has anyone else done this in the suburbs of Boston?  I know with new regulations, it's nearly impossible/impractical to do IN Boston... But I feel there are areas where this strategy could be profitable.

I'd love to hear your thoughts / success stories on this!

[Dan K.]

Hi @Andrew Beaver,

My point of view is I wouldn't do it unless there are already regulations in place. For example, in Cambirdge you must live in an adjacent unit and have the space inspected by the city. In this case at least Cambridge has made the "rules of the road" known.

Additionally, furnishing units is not cheap.

I think you really need to think about your time of management, risk of regulation and potential monthly rent when considering short term rentals.