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re: How to find $150000 in funding with no job for an airbnb?
Posted on 1/14/24 at 11:28 am to ExtraGravy
Posted on 1/14/24 at 11:28 am to ExtraGravy
quote:
I don't understand this. You rented an apartment- and then you list it on AirBnB, and make enough money doing this to make it worth it to keep renting the apartment? Where is this? Why would people pay to stay in an apartment complex? This is eye opening for me.
Oh yes. Im not down on giving out personal details...but ill give you some numbers. Its a 3br 3.5ba apartment. I paid $27000 in rent/utilities/cleaning and grossed about $45000 in revenue for the year. By no means is this a magic bullet easy money in the bank thing. I spent plenty of time cleaning/preparing/dealing with guests etc. As you can see this one apartment isnt making me a baller but its a nice supplement to my main income.
Posted on 1/14/24 at 12:14 pm to scottydoesntknow
Look up airbnb arbitrage or airbnb rental arbitrage
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