Airbnb #2 in Lancaster PA - Rental Arbitrage

[Tanner Kirkpatrick]

Investment Info:

Single-family residence buy & hold investment.

Cash invested: $6,500

2nd Rental Arbitrage in Lancaster. Was a little hesitant about the demand for short-term rentals in Lancaster, but this Airbnb has proven that wrong month after month. On average we are cash flowing $800/mo over the first 5 months of going live.

[Caroline Moore]

@Dre N. Make sure you research the regulations. Lancaster city just passed a new STR regulation not allowing new airbnbs in different parts of the city. Each township outside of the city has different rules as well.