Updated over 4 years ago on . Most recent reply
Converting a three unit home into a 3 Suite Airbnb
Just completed 2 of 3 unit rehab in Royal Oak Michigan. Airbnb for Suite 1 and Suite 3. Suite 2 is currently long term renter until October. Then I will rehab Suite 2 also. Airbnb has been a game-changer for investment for me! I have not had anyone not pay even during COVID. The two Airbnb are cash flowing very well. It has been good to have the long-term renter as a safety net also. Joining the Metro Detroit Airbnb Owner's Guild has been the smartest thing ever. Lots of experience and cautionary tales come from the monthly meetings!
Time to find another house to buy!