Considering Airbnb / Vacation Rentals
The tenants are moving out of a rental I own in San Diego and I am considering using Airbnb and similar short term / vacation rental sites to rent it out. Based on the figures I see from other rentals, I could almost double my gross income with only 80% occupancy. The unit is only 10 years old and is in a clean, family friendly planned community with a pool and about 10 minutes from the beach.
I am interested to hear from other BP members about their experience shifting from long term renters to shorter / vacation renters, hopefully those in San Diego and/or coastal California. Thanks.