Here’s how this #airbnb brought in six figures last year
Summary
AI-generatedIn this video, the host discusses how her three-bedroom condo made her six figures last year. The property was purchased in June 2021 for $725,000, with an upstairs unit that makes approximately $80,000 a year and a downstairs unit with a commercial tenant that generates around $40,000. The host replaced the floors and furniture which were old when they bought the property.
Key insights
A three-bedroom condo can generate around $80,000 per year through short-term rentals if well-managed and furnished.
Mistakes to avoid
Don't neglect updating outdated furniture and flooring; it can deter potential guests and negatively impact rental income.
Tools & resources
agents@theshorttermshop.comservice
Email to ask about purchasing short-term rentals.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial