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Andrew Sangar
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New Airbnb Investor

Andrew Sangar
Posted

Hey all. I'm in talks with my partner and real estate agent to get our first investment Airbnb property. Is there a common checklist or things to consider before purchasing? I'm looking to map everything out to a detailed extent to minimize risk.

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Erin Spradlin
  • Real Estate Consultant
  • Colorado Springs, CO
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Erin Spradlin
  • Real Estate Consultant
  • Colorado Springs, CO
Replied

Too long of a list for a single post, but in short ...

Buy in a good location, something architecturally unique if possible (or make it unique through great design), buy great furnishings with an eye toward style to stand out, add a few amenities to stand out (hot tub, sauna, game room, star gazing dome...), and pay for killer photos.

In short, bring your A game. The space is too competitive otherwise.

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