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Updated about 3 years ago on . Most recent reply

How Do I Account For Seasonal Fluctuations & Vacancies?
Hey!
I'm looking at purchasing a property that I'd turn into an AirBnB in a skiing town.
During the long winter months here in Canada, the AirBnB will be rented out for sure,
But how do I account for the slow summer months or even unpredictable vacancies in my expense calculations?
Thank you in advance, cheers!
Most Popular Reply

Run your numbers based off annual revenue, not monthly.
Save profit from the busy season to use to pay your mortgage in the slow season. Example: I’ll make $15k profit off my beach condo in July, but I’ll loose $2k in February. Numbers still work annually.