How much money can you actually make with Airbnb and VRBO? [Take home income]
Summary
This video breaks down the actual take-home income from short-term rentals like Airbnb and VRBO, explaining that a common rule of thumb is about 30% net profit. The host uses a specific example of a $100k gross income property to illustrate how expenses like mortgage, taxes, insurance, and maintenance can reduce the net profit significantly. The video emphasizes the importance of accurately accounting for all costs to understand true profitability.
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Curated by Learn STR by GoStudioM