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Looking purely at cash flow, it isn't profitable to buy and rent out an apartment in a lot of American cities at least.
by kbos87 9y ago
Looking purely at cash flow, it isn't profitable to buy and rent out an apartment in a lot of American cities at least.
- Dave_TRS 9y agoAgree. I have investment properties in a few cities, and consider airbnb only as an option of last resort to fill vacancies. The daily rates seem high on the surface, but the turnover, vacancies, risks, management costs all eat away at the profits.