I turned my two-car garage into an Airbnb to afford living in my dream town. I've made $35,000 a year and get to share the area I love. - Business Insider
Summary
A host transformed their two-car garage into an Airbnb, earning $35,000 annually and enabling them to live in their desired town. This showcases the potential of ADUs and creative STR applications. Hosts can generate significant income while sharing the area they love.
Key Insights
- •The host generates $35,000 annually through their garage Airbnb.
Action Items
- ✓Consider converting underutilized spaces, like garages or basements, into STRs to increase income.Effort: mediumImpact: medium
- ✓Research local regulations regarding ADUs and short-term rentals to ensure compliance.Effort: mediumImpact: high
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Curated by Learn STR by GoStudioM