In this video we talk about 2 very different rental investing strategies and that is whether you should rent your house out on Airbnb or in a more traditional way, to long term tenants.
Today we talk about my thoughts on airbnb vs long term rentals. As many of you know, I have a lot of experience renting houses out on airbnb as I owned 3 homes from 2017 through 2020 that I rented on airbnb full time. I had a lot of success and a lot of headache with that business model, and I have more recently shifted my focus to traditional long term rentals. We go over the pros and cons of both options in this video, and hopefully this will help you to decide if airbnb or long term rental is the best business model for you if you are looking to own rental property.
See you next video!
-Scott
#realestate #airbnb #rentalproperty
Disclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. If you need legal advice, please contact an attorney directly. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. I (Scott Edward) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. And one more thing.. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel.
Renting Your House Out on Airbnb vs Long Term Rental
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