Short Term Rentals in British Columbia

[Tomislav Glamuzina]

Hi Everyone,

Had a question that has been on my mind for a while.

I have a 2&2 condo in downtown Langley, BC. Perfect location, great condo, ground floor, newish building. I am currently renting it out for $2100 and I am breaking even on this property.

I am curious if I should jump into the short term rental game as I heard it can be more profitable. The idea of furnishing the unit sounds really fun to me and also the idea that it could potentially cash flow is also very titillating 😄.

I know nothing about short term rentals/ Airbnb. I was hoping I can connect with a few people in my area to see how the process takes place, how profitable it can be, problems, basically the pros and cons.

My current tenants are moving out soon, so I am stuck between wanting to jump with this or finding new tenants soon to make sure it isn't vacant for to long.

Would appreciate anyone's time. Thanks 😊