All Forum Posts by: Matthew Murray

Hi. I’m close to buying my first property but I’m experience some fear about which path I should take in terms of how I generate income. To start I’m taking the house hacking approach where I will be living in the property. But I’m torn on if I should do airbnb or try and rent out long term by the room? Airbnb is appealing because it’s more lucrative but I’m curious how steady it is however I would need to buy a house which are few right now with my budget. A town home looks better in terms of affordability but I’m concerned I may not be able to find people to rent out by the room in a town home. If someone could provide some insight into if I should try airbnb in a house or renting by the room in a house or do I go with a townhome and just try renting by the room?

Thanks so much.

Hi there,

Does anyone have any tips on bed to bath ratio when renting by the room? For example, if I’m looking at 3 bed/ 2 bath, would I have a harder time renting than if it were 3bed/3bath?