How much my Airbnb made in year 2, would I do it again?

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Here's a link to our house if you're interested!
www.airbnb.com/rooms/65170419...
If you are thinking about making a home in Seattle, shoot me a message at alexanderkeyes@ahomeinseattle.com, make an appointment at www.ahomeinseattle.com/schedule, or apply for a mortgage at crosscountrymortgage.com/John...
Bye!
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Опубликовано:

27 июл 2024

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Комментарии : 12

@leukeyyy 3 месяца назад

Very nuanced take on if it was "successful" or not. I personally probably wouldn't necessarily buy a 2nd property and do the dance with having a seasonal short term rental + having it in turn pay for me having a vacation home. I don't necessarily trust these gig economy short term rental sites and I especially don't trust them to be able to provide enough business (at the price point I would need) to possibly get me through a full loan term if needed. The SAFER bet would be just to own a 2nd property and do full term leases and try to possibly burn the loan down in 15 years. Then after 15 years, I have a paid for vacation spot. Less work and just a little delayed gratification.

@bruintoo 3 месяца назад

And having long term rental does not contribute to the housing shortage! Palm Springs disallowed short term rentals and property values went down. Good for those looking to buy and move there (for retirement); bad for investors in short term rentals.

@ahomeinSeattle 2 месяца назад

Very valid point about relying on the short term rental sites. We do worry about that and a lot of STR owners are talking about how to become less dependent on those big sites.

@Figuremakr 3 месяца назад

I really appreciate your videos w frank and clear details, Thank you for the tips on a manager/cleaner.

@ahomeinSeattle 2 месяца назад

thanks for watching!

@jelanimillard1217 3 месяца назад

Solid analysis. Yeah, the airbnb sector requires a high risk tolerance but in the long term it just might turn in your favor! Thanks for the share.

@ahomeinSeattle 2 месяца назад

thanks for watching!

@aubreyabcmodern4169 2 месяца назад

We are in a very similar situation with our log cabin near Leavenworth, but short term regulations and interest rates have forced us to sell. Anyone want a gorgeous log cabin at Lake Wenatchee?! Ha ha!

@ahomeinSeattle 2 месяца назад

ugh I'm sorry. The photos of your place look absolutely amazing. But yes, the regs are just too stringent out there.

@bruintoo 3 месяца назад

No property tax?!?!?