You can use the home yourself when the property is not being rented out, which is great if you’d like to have a vacation spot to get away to. Marketing your property to renters can be easier since Airbnb provides you with the tools to do it. Profit potential could be quite high if you have an in-demand property and you’re able to keep it occupied most of the time. It’s a flexible way to make money passively outside of a traditional job. Here are some of the pros of using an Airbnb to create rental income: It’s important to weigh them both when considering whether Airbnb investment is a path you want to go down. There are advantages and disadvantages associated with owning an Airbnb rental property as an investment. If you hit a dry spell because people are traveling less or competitors are offering better value, for example, then your income could disappear overnight. With Airbnb, there’s less predictability when it comes to keeping the property rented. However, that income can be stable all year long. That’s $6,000 to $8,000 in income per month.Ī traditional rental property, on the other hand, might produce $1,500 in rental income each month. Using the beach house as an example once again, you might be able to charge $1,500 to $2,000 a week during the summer months, depending on where it’s located. How frequently you list it for rentals on AirbnbĬan an Airbnb make more than a traditional rental property? It’s absolutely possible, depending on what rates you charge to rent it out. How in-demand short-term rentals are for that area Some of the factors that can influence your profits include: The amount of money you can make with an Airbnb property can depend on several things. How Much Money Can You Make With an Airbnb Investment? The larger your portfolio of properties, the more work you’ll likely have to put in unless you’re willing to spend some of your rental income to hire a property management company. Managing multiple Airbnb properties may also be more time-intensive than owning a single rental property.
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