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Posted on 7/5/23 at 8:50 am to Boomer Rick
Agree that is not a good number. Just arguing with a guy that doesn't know what he is talking about. We could be headed for an economic downturn or even a recession. We have not been and are not in a recession now.
I will quit taking this thread off topic. We own a couple of Airbnb rentals. They are doing fine. Bookings are slightly down this year, but we believe it is because the supply of short term rentals have increased so much over the past few years. Too many entered the market in the past few years. But we still get a decent amount of bookings. Our rentals are lake homes so that helps keep our business fairly steady. We do not need every weekend booked for it to be profitable.
I will quit taking this thread off topic. We own a couple of Airbnb rentals. They are doing fine. Bookings are slightly down this year, but we believe it is because the supply of short term rentals have increased so much over the past few years. Too many entered the market in the past few years. But we still get a decent amount of bookings. Our rentals are lake homes so that helps keep our business fairly steady. We do not need every weekend booked for it to be profitable.
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