Tempting: I BOUGHT AN APARTMENT TO RENT OUT ON AIRBNB

In 2012 I bought an apartment specifically to rent out on airbnb. I’ve been managing it remotely for the past year. This post includes everything I learned as well as some revenue numbers.


Finding a place to buy

Each listing on airbnb has a publicly visible calendar that shows which nights are booked and which nights are available. Using this tool it’s very easy to work out almost exactly each host is making. This makes it an invaluable resource when researching where to buy.

Simply find a listing that’s in an area you’re thinking about buying and click on the calendar tab. Then count up how many red squares there are in a given month, * that by the nightly rate listed on the profile and you have the monthly revenue.

Read on. 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s