9/5/2023 0 Comments Airbnb business for beginners![]() ![]() To establish a profitable Airbnb business from the beginning, you should look for a location with affordable home values and strong demand for vacation home rentals. Related: What Airbnb Occupancy Rate Can You Expect in 2020? As return on investment in real estate is defined by the rental income and the expenses, the US housing market where you buy a short term rental ultimately turns into the most important factor for the rate of return you can expect, whether you look at the Airbnb cash on cash return or the Airbnb cap rate. The real estate market where your Airbnb property is located also defines the price of rental properties for sale as well the recurring rental expenses including property tax, home insurance, property maintenance, rental property management, cleaning fees, and many others. Where you buy a vacation home determines a lot of key indicators such as the Airbnb daily rates which you can charge, the Airbnb occupancy rate which you can expect, and ultimately the Airbnb income which you can make. The first thing that any successful Airbnb host will tell you is that location is crucial for an Airbnb business model destined to make money. Factor #1: Profitable Airbnb Rentals Are Located in Top Locations
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |