We are looking at purchasing a property with land in Southwest Michigan to use as a Airbnb. The property has three large pole barns on it - one is a 4 stall horse barn with small arena that is in great shape. The property is on 20 acres and has some riding trails and a grazing pasture on it. We live out of town and have no interest in raising horses ourselves. Does anyone have any idea on how to monetize these barns aside from general storage on craigslist?
Rental Property Investor · Oklahoma City, OK · Member since 2020 · 309 posts · 184 votes
4y
@Nick R. Why don't you use it as part of the Airbnb/STR? My aunt does that, and she has people come all the time who are traveling across the country with their horses for shows or trail rides. Here's an example: https://www.airbnb.com/rooms/4... (not my aunts property, just an example). You can make extra $$ and the people are responsible for their horses, not you. You are just giving the horses a place to sleep for the night!
Property Manager · Lansing, MI · Member since 2015 · 170 posts · 59 votes
4y
@Nick R. if you do add it as an option for quests make sure you add additional sign off paperwork that makes you not liable for the safety of the horses or anyone who comes in contact with the horses.
The other option is to rent the barns and additional land out to local horse enthusiasts.