How much daily rent you can expect? You can refine this figure based on the property type - 1bed, 2bed, 3bed, etc. You have to be a millionaire already to even acquire entry-level property.Ī goes beyond these qualitative assessments, though, and drills down to the numbers, presenting you with: Park City, UT, for example, is not very "investable" because it's just so expensive. Whereas with no regulation, get ready for blood-sport.įinally, "investability" refers to how easy the market is to get into. If your property happens to be grandfathered into a restrictive new regulation, you could be out there on the market with no competition. You may think heavy regulations are always a bad thing, but that's not the case. Seasonality might mean that the market is only hot at certain times of year, which could create cash flow issues - after all, your mortgage and insurance are due all year round.Īirbnbs face a shifting regulatory landscape. Rental demand and revenue growth are fairly self-explanatory. The market grade breaks down to five categories - Rental Demand, Revenue Growth, Seasonality, Regulation, and Investability. Want the best chance of success? Only pick "A" properties. If you have an address in mind, or simply a zip code, you can enter it into and get back a wealth of information.įor starters, the site gives the address or neighborhood you queried an overall market grade in the form of a "letter grade" - A, B, C, etc. I'm going to show you how you can do the same, in three easy steps… Step 1: The Secret Weapon - Ī gives you an unfair advantage in the search for a profitable Airbnb property. I'm about to show you my secret weapon - the online tool I have used to accumulate a portfolio of Airbnb properties that generate me passive income beyond my wildest dreams. When it comes to my financial security, family, and legacy, I don't like to follow my gut - I like to follow data. A great Airbnb can generate far more rent than the same property would as a long-term rental, far outstripping the mortgage, expenses, and professional management costs to deliver money to your mailbox for years to come.īut many people rely on vague "gut feelings" to try and evaluate a property's potential as an Airbnb. My #1 SECRET to Finding Great Airbnb Properties for Passive IncomeĪirbnbs can be an amazing source of passive income.
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