Any insights on short term rentals/Airbnb in Seattle area?

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  • Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
    7y

    fyi -most lenders will NOT make traditional / conventional loans on a property  thats  being used for  short term rental  periods 

  • Justin CambraPro Member
    Rental Property Investor · Seattle, WA · Member since 2017 · 48 posts · 29 votes
    7y

    @Yumna Zahid I’ve done air bnb since Aug 2018. The range in monthly net income varies widely (300-3200 net of PM and fees).  That is for a 3 BR and 1.5 BT that sleeps 11 by SEA airport. If the summer peak season goes well I’ll keep as short term otherwise will switch back to long term. Please DM and I can share more detailed financials.

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