2 ms·
Buy a house, put it on airBnB through a management company, go to other AirBnB’s using rental income from first AirBnB. Or you could not try and run a business
by Retric 2y ago
Buy a house, put it on airBnB through a management company, go to other AirBnB’s using rental income from first AirBnB. Or you could not try and run a business and simply invest nominally while paying market rate for a rental.
Sharing informally between friends and family when people have vacation properties in desirable locations works better but the barriers to entry are really high.
- ghaff 2y agoMy parents had a vacation home in Mexico for a while that they rented out (pre-AirBnB). But, being Mexico, they had on-site staff, my mother was retired, and the whole thing still seemed way more hassle than I would have had any interest in. (Building it was also pretty much a nightmare.) I do use my brother's second home up in Maine and that works pretty well.