Everyone and their mom is on Airbnb

[Ryan Thomson]

Everyone and their mom is doing Short Term Rentals. In fact, my mom (and dad) and I just went 50/50 on an Airbnb (my 4th). It seems like these days that EVERYONE I talk to is excited about Airbnb and STRs. Even people previously uninterested in real estate investing are putting their houses on Airbnb. The cashflow is crazy and investors are going all in.

So what's my question?

I'm getting there. 

I love the cashflow of an STR. I have an exit plan that will more than cover the mortgage. However, I'm considering if I should buy another one. Not looking for advice on my specific situation. I'm looking for your musings/predictions about how STR profits will change, the risks you see in investing in STRs, if STRs are contributing to housing shortages and rising home prices, and/or if you think there is lots of demand still around to soak up supply. What say you? Muse away please.