It currently has 150 million users and 64,000 hosts. Out of its 4 million listings, 660K are in the U.S. The Airbnb route is not for every investor and not for every property, but it’s definitely a great example of creative thinking.Īirbnb was founded just over 10 years ago, but today has more listings worldwide than the top five hotel brands combined. However, to make money in the tightening market, you have to think outside the box. The majority of the deals we see are still your good ole’ rehabs: a buyer snatches a dilapidated property at the right price, invests blood, sweat, and tears into its renovation, and then sells it at a nifty profit. To be honest, until last year we hadn’t worked with many real estate investors who were purchasing a property with a specific purpose of offering it for rent via Airbnb. Would you make more money listing your property on Airbnb instead of renting to a full-time tenant?
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