Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Posted over 3 years ago

⚠️Fix & Flip turned AirBnB, Come inside

Good Money Morning BP,

    Come inside this house I bought to fix and flip but as I was approaching the end of the renovation, it was such a nice house I thought maybe it would be a good idea to keep it and turn it into an airbnb, travel nurse short term rental. As I was doing the reno, something hit me and the idea of keeping it as a long term hold started to swirl around in my head.

Check it out HERE!

When I started doing the research to see how many other short term rentals were in the area, I was shocked. There actually were NONE! You know how business works, where there's no supply, demand goes through the roof(at least that's what we're taught)

See before & After

So I looked to see what the daily rental rate was in the closest house I could find and once again a shocker, the lowest airbnb rental rate was $170 per night. Some units were going for as much as $230 per night. Let's go inside to see the before and after of the construction & see the staging we use in our AirBnB business. Let's go over the numbers together to see what the fix and flip profit is vs the short term rental profit is, the numbers don't lie...

Come on inside!



Comments