All Forum Posts by: Stefan Slavkovic

My parents are getting ready to sell their house in Pittsburgh, PA.  I suggested they look into the potential of using the property as a short term rental.  I know there are a number of AirBnB's in the area but I'm not entirely sure whether the market in Pittsburgh would be welcoming of new properties, especially considering their expectations.  They've told me that the property would need to bring in close to $4k a month just to break even (based on the mortgage, taxes, utility costs, etc.).  It's a 6 bedroom, 6 bathroom home about 10 minutes from Downtown.  Any insight into how I can analyze the viability of this in a city like Pittsburgh is appreciated!