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Updated almost 3 years ago,
Airbnb vs Long term rentals
I'm a long term rental investor but lately been thinking about trying an Airbnb. One of the main reason for my hesitation though is my time. The nice thing about long term rentals is that once you have a tenant, it requires very little time investment.
Would anyone be able to help me understand what amount of time it would take for managing Airbnb? Are there any good services that can be relied on, like cleaning, stocking up coffee, etc in the Raleigh / Cary location that are dependable?
And how much more profitable this would be vs typical rentals?
Just trying to get a grasp of this if anyone would be willing to share their experience with short term rental.