Ultimate Guide to Buying an Airbnb
If you’re looking to break into real estate investing, the growing vacation rental industry can be a great place to start—in fact, 19% of travelers who booked a vacation rental between March 2020 and April 2021 were doing so for the first time. Whether you plan to create a DIY listing on Airbnb or call in the help of a full-service management company, we’ve got your full guide to investing in short-term rentals. There are many things to consider when buying an Airbnb. Even seasoned property buyers can be overwhelmed without a clear approach to making this decision. We ...
Benefits of Buying a Short-term Rental Property
Income Generation The right short-term rental property has the ability to consistently outperform the long-term rental rate on a net basis. Carefully selected properties have the ability to cover their full cost from Day 1. Capital Appreciation Well-managed short-term rentals can typically achieve a higher capital appreciation over time since it can be sold as a going concern and is always kept in a showroom condition. Long-term rentals often degrade over time and require significant upgrades after long tenancies. Flexible Personal Use One of the best ...
How to Make Money with a Short-term Rental
If you haven’t yet purchased a property take a look at our blog post “The Ultimate Guide to Buying an Airbnb” which goes into more detail on the criteria to consider when selecting a property. Getting Started Buy the right Property Size - Compact apartments generate a higher yield. Location - Broadly speaking be close to where tourists like to be and from where they can easily reach hot spots on foot or by a short Uber ride. Seasonality can also be more pronounced in fringe suburbs (e.g.Vredehoek). Specific ...
