Should You Turn Your Investment Property Into An Airbnb?

By |2019-06-28T16:36:13-04:00May 5th, 2019|Categories: Commercial, Hard Money, Income, Investing, Investment, Investment Properties, Investments, Leasing Your Property|Tags: , , |0 Comments

Airbnb lodging has grown at unbelievable rates since the home sharing site began in 2008. It wasn't long before many investors realized that short-term rentals might be a preferable strategy. After all, the risks that you will have to evict someone from an Airbnb is nowhere as great as the risks that you will have to evict someone from a longterm rental property. Plus, Airbnb rental units often have a much higher return. It's important to remember though that not every Airbnb unit will do well. A few factors should be considered: You will need to make sure that your