How about this house for a new AirBnB rental?
Wad up BP FAM,
In today's "sharing economy", we don't need to own houses to collect passive income.
AirBnB and other short term rental companies are leveling the playing field for the real estate investor that uses his/her brain to make money. How to look for Airbnb rental properties.
Let's look at a 3000sf house in my own neighborhood to see whether I want to Airbnb it or not. Some of the main things I'm looking for are:
-Condition of the house
-Location
-Bedroom size
-Central heating and Air
-Monthly Rent
-Attitude of Owner(BIG)
AirBnB will be another income stream that I'm going to focus on a lot more as we approach 2020 and beyond. I feel like short term rentals are only going to get in more demand as I see more hotels popping up the Hampton Roads area. Just in my city there's been 2 go up in the past 6 months. So keep your options open when it comes to real estate investing, you don't have to stay with the traditional wholesaling or fix and flip models. There's a whole new world out there and I want you to take full advantage of it even if you don't OWN A HOUSE.
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