How Much You Should Pay For Your First Airbnb
Summary
This video discusses the ideal price range for purchasing your first short-term rental property, suggesting that properties between $300,000 and $800,000 offer the best balance of potential return and manageable risk. It advises against properties under $300k due to lower profitability and properties over $800k due to potential financial strain, while also highlighting the importance of considering renovation costs, nightly rates, and market comparables.
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Curated by Learn STR by GoStudioM