Thanks Brock. I've been looking at the homes available in my area and there are a couple super host with a lot of bookings. I may try it out for a month or two if I can find a management company. If things dont work out I'll find a long term tenant.
Specialist · Milwaukee, WI · Member since 2014 · 1k+ posts · 1k+ votes
5y
Adam Reek of Stay MKE can help. Also, we are having an event in Milwaukee (details can be found on BP at this link https://www.biggerpockets.com/...). Fellow local investor, Kate Crowle, bought St James church and turned it in to an event venue however, there are also apartments that came with the building that are being used for AirBnB which has significantly helped since no one could predict COVID and event spaces are hurting right now. If you're local, stop by and get a chance to learn about multi-million dollar projects and network with many investors doing AirBnBs locally.
Specialist · Milwaukee, WI · Member since 2014 · 1k+ posts · 1k+ votes
5y
Sounds good---a bunch of us are meeting at Riverwest Pizza, also owned by another local investor/realtor/contractor, at 4pm before we go to the event. You're welcome to join us.
Specialist · Madison, WI · Member since 2019 · 22 posts · 13 votes
5y
Hi Chari, I have also been looking closely at the Airbnb market in Milwaukee. What area of Milwaukee are you in? Did you end up sticking with the short term rental strategy for your rentals?