Is Airbnb worth it?
Category: Short-Term/Vacation
1 replies
Original post
I've started considering Airbnb. Short-term rentals seem like a good addition to my current portfolio. Is Airbnb worth it, though? Can someone who currently works with them tell me more about it?Reply by Vanessa
This is going to depend massively on where you're at. So many cities have passed restrictive STR laws in the past few years. Airbnb might not be worth it if you're in one of those cities. You need to investigate what you're working with in your city and see if the regulatory environment is at all conducive for short-term rentals like Airbnb. And if you do decide to move forward, be sure to get the proper permits. Otherwise you could end up with some rather expensive penalties.