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Updated almost 8 years ago on . Most recent reply

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Patrick Vos
  • Waconia, MN
4
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Minnesota Cabin Airbnb

Patrick Vos
  • Waconia, MN
Posted

Hello All -

My wife and I are interested in purchasing a cabin in Minnesota and renting it out on Airbnb.  Has anyone had any experience that would be willing to share good or bad?  The intent isn't to achieve cash flow, but to just cover the mortgage.  We feel confident that we'd fill the vacancies in the summer time but are a bit concerned about our lovely winters.  Any feedback is appreciated.

Thanks! 

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80
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Jessica Grewe
  • Investor
  • Rochester, MN
37
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80
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Jessica Grewe
  • Investor
  • Rochester, MN
Replied

I'm working on a foreclosure cabin right now.  I'm hoping it will work but I don't count on winter cabin guests but Mayo clinic patients.  I would think you need to have more than just one reason to come. If you do go ahead make sure you have a couple of exit strategies in case it doesn't work.  

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