East Memphis House Hacking with Airbnb

[Rachel Hughes]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Memphis.

Purchase price: $136,000
Cash invested: $44,000

Our first short-term rental property also doubles as our primary residence ("house-hacking"). The property has a main house (3/1) with an attached in-law suite (2/1). My husband and I live in the in-law suite and the main house averages ~$100/night and 80% occupancy on Airbnb.

[Account Closed]

Beautiful! I love hearing about people who are house hacking with Airbnbs. This is something we've been considering doing in the future. I'm also curious as to what you mean by 80% occupancy rate. Is that 80% occupancy of all the days you set the property as "available," or is it 80% of the entire 365-day year?