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Updated over 2 years ago on . Most recent reply

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72
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James Robert
  • Flipper/Rehabber
  • Cincinnati, OH
28
Votes |
72
Posts

Is Air Bnb still good?

James Robert
  • Flipper/Rehabber
  • Cincinnati, OH
Posted

Hello. I just bought a house in Cincinnati Ohio 2 bed 1 bath as a primary. It sounds some work and I got a good deal so I may do a cash out re-finance after the updates or HELOC. Not sure yet.
I work full time as a Realtor and I have about 55k in liquid funds after buying this primary. I wanted to also buy an air bnb.. Are the returns still as good as they were? Or should I just do another flip or something..
(I have done one successful flip so I would not be new to that).

What would you do in my situation? 

Thanks!

Most Popular Reply

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12,227
Posts
14,446
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
14,446
Votes |
12,227
Posts
Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

The right Short Term Rental (STR) will always outperform a normal rental. AirBnB is just one of many platforms...and probably the worst....

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