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Updated over 2 years ago on . Most recent reply

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Daniel Muscarella
  • New to Real Estate
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Is AirBNB really dead?

Daniel Muscarella
  • New to Real Estate
Posted

Hi all,

I'm a 19 year old and have been wanting to get into real estate, specifically renting a property and putting it on airbnb to get cash flow, however I been seeing around that airbnb isn't what it used to be.  People complain that there are too much for cleaning fees and that hosts make the guests do a lot of work that really seems unnecessary.  I also see people say that they rather get hotel rooms now instead of airbnb because it's a cheaper option.  So, I just want to see if anyone that is in airbnb can justify that and maybe give me some tips for someone that is starting out or wants to start out.  

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Good golly @Daniel Muscarella, TikTok is not a reliable source of information on anything. Read the posts here and get a good snapshot of the market.

As per usual, I will say arbitrage is not the best idea. It is not really investing, just doing a job. 

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