I Rented Apartments To Rent Out On Airbnb For Profit

I Rented Apartments To Rent Out On Airbnb For Profit(needwant.com)

18 points by marshallhaas 12 years ago | 5 comments

kken 12 years ago |

He did not include expenses for insurance, property damage, paying tax and so on. And he still was only able to turn out a healthy profit in one of four locations.

Does not look like a viable business idea to me.

However it may be a good way to lower rent or afford an oversized appartment.

cellis 12 years ago | |

Essentially, he's operating as a realtor, or landlord-as-a service. A broker, a middleman, who smooths the process and reassures customers. It doesn't seem very scalable, but if it doesn't take much time then great.

thebiglebrewski 12 years ago |

Let me ask the question everyone else is - when will I have the time to do this? Haha.

davidy123 12 years ago |

Then one of your guests brings bedbugs and the nightmare begins.

robertpx 12 years ago | |

Or accidentally causes a fire which damages the building and the other tenants property. His insurance would definitely not cover anything like that.