Which area offers the best rental opportunities for Airbnb? Is it even a good investment?
Unlike what others may say, it’s possibly a good investment, however, bear in mind that there’s a lot more management overhead than with a regular rental. You’ll also have to take care of things like electricity, water, and laundry. You may consider it to be a part-time job.
Before you start, be sure you know the risks involved. Learn about the advantages and drawbacks and see whether it’s a good fit for you by getting to know a few people who do it. Also, it is best to be as close as possible to your house’s area. It should ease the management.