I have been looking for an additional income stream for a while, and was surprised my wife was open to a rental property.
We are looking local for AirBnb/VRBO vacation rental. We have friends who never have vacant nights (only two all of last year).
I understand the basics but am curious if there is any wisdom out that that would help before we dive in.
In our market, you can get a 2 bedroom, 1000 square foot home under 125K and those can be rented for around $90 bucks a night. The math works for a decent monthly little monthly profit.
We are looking local for AirBnb/VRBO vacation rental. We have friends who never have vacant nights (only two all of last year).
I understand the basics but am curious if there is any wisdom out that that would help before we dive in.
In our market, you can get a 2 bedroom, 1000 square foot home under 125K and those can be rented for around $90 bucks a night. The math works for a decent monthly little monthly profit.