Airbnb or long term rentals for duplex.....

[Neil C Stark]

Hello Investors,

I purchased a duplex in which to house hack with my family.  The units are a 2 bed, 1.5 bath and a 3 bed 1.5 bath, all newly renovated with high-end appliances.  We rented out the other side on a 1 year lease for 1650/mo.  We were wondering if we lost an opportunity to BNB and make more money (at the time we were short on funds to furnish the unit for a bnb).  Our goal is to make as much money as possible to acquire more rental properties.  We plan to move out in a year and buy our (hopefully) forever home.  I am wondering whether or not to BNB both units or just one, or none.......The city is Palmerton, PA. It is 15 minutes from Blue mountain ski resort, white water rafting, biking, Beltsville state park, etc......I would also like to know the best way to research BNB in regards to occupancy rates in specific areas. Any help will be greatly appreciated....

Regards,

Neil

[John Underwood]

Your best bet to get accurate occupancy rates is to look at the competition yourself and check their calendars.