Updated almost 7 years ago on . Most recent reply
AirBNB in Monterey County, CA
I will be moving into Monterey County in a little under a year and I am looking to purchase some real estate in the area as an investment. Since Monterey's prices are generally too high to use the 1% rule, I have started looking into the possibility of AirBNB as rental income. Does anyone have any experience with AirBNB in the area? I am specifically looking for approx. vacancy rates, turnover costs, months of vacation activity, etc. Also, if there are any property managers in the area that have dealt with AirBNB before I would be extremely interested in talking to you. Thanks for your time and help.
Most Popular Reply
Airbnb is a bad word in the peninsula right now... I would never buy hold with that as my long term plan. one bad election and POOF. no Airbnb. Its already toast in many areas.