Got rid of $2.5M worth of Airbnbs

20.2K viewsover 3 years ago1m 0sScore: 75

Kai Andrew

Regulations & Compliance
intermediate
Local Regulations
Permits

Summary

Kai Andrew sold about half of his short-term rental portfolio - $2.5 million worth of real estate - due to increasing competition and increased local regulations. Regulations like living on the premises, traffic studies, and expensive permits killed these investments for him.