New Airbnb Investor

[Andrew Sangar]

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.

[Erin Spradlin]

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.