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Where are my swing traders at??
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Where are my swing traders at??
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If AirBnB is legal and you have a house people would want to rent, you’ll make more money on AirBnB. It’s also way more work though - e.g. arranging cleaning in between guests and whatnot. I have an airbnb and make great money but it’s not a low stress side gig!
Conversation Starter
Do you mind sharing what great money you make and where is your property located? Thnx
Airbnb may not be legal in your area for your investment property. Find out if your rental is zoned in area where they allow Airbnb.
Chief
Short term rentals should generate far more cashflow. But they require far more effort to execute. Plus there’s also furnishing costs to calculate.
It all comes down to your goals.
12 month lease tenant
Airbnb is legal. Just a 200$/year fee to local city. Wanted to rent the unit furnished also so no sweat on the furniture. Seems like it’s really just a matter of willingness to sweat the work and stress