3 ms·
-> rented on AirBNB could be 3-5 times the basic rental rate He has more expenses than your average long-term rental. He's probably making more money (thanks t
by csomar 7y ago
-> rented on AirBNB could be 3-5 times the basic rental rate
He has more expenses than your average long-term rental. He's probably making more money (thanks to his active management) but it's not crazy profitable, far from it.
One possibility is that he is renting long-term and then subletting on Airbnb. If the bookings stops, then he'll be burning lots of cash rapidly.