Is buying real estate and renting them on Airbnb a viable business?

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asked Mar 4 in Real Estate - Renting by gambian (320 points)
Is buying real estate and renting them on Airbnb a viable business?

2 Answers

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answered Mar 6 by Shelde (4,380 points)
If you can get enough people to rent the place and can cover your monthly mortgage and have money leftover at the end of the month then it can be a good business.
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answered Jun 12 by FrankHoge (150 points)

Buying a luxury home is one of the most common dreams everyone has. When you are at the financial independence to realize your dream, you also realize it is not as easy as throwing your money at a house and you suddenly own it. There is a lot of procedure and a lot of deliberation you need to go through before you are able to own that vintage mansion on the countryside or a state of the art loft in the middle of the city. The easiest thing thing would be buying a luxury home from someone like these guys as nobody wants to rent something other than luxury houses from AirBnb.

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