Last week my family stayed in #Riverside for a week for their homecoming. We stayed in a nice airbnb. The place was an old detached garage converted into a studio apartment that had its own private backyard with a hammock, fire pit, and chairs.
This reminded me of my experience hosting AirBnb. If you’re thinking about buying property to use for AirBnb, here are a few tips!
✅ Buy near a travel destination, where many people go. This will give you a large number of potential customers.
✅Buy a duplex (2 houses under 1 roof), or convert a garage. Why? For me, it wasn’t fun sharing my personal space with random strangers. Having that separation gives your privacy.
✅Research and hire special AirBnb managers who will handle bookings and cleanings for you. This can become a burden when your AirBnb gets busy.
✅Research your local laws about AirBnb as many have required licenses. The downside is that some counties have required sharing revenues. Research first before diving in.
If you’re thinking of starting an AirBnb business, contact us and we’ll help you!
To know if you qualify for mortgage, click this link: tinyurl.com/nye8khcu
Nicar Bocalan | Answer Home Loans
NMLS#1971120 | DRE#02088992
☎️ (916) 398-4973
✉️ [email protected]
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