Eye on the Prize: Cashflow Projection for your Airbnb

airbnb michelle pink May 05, 2018

Airbnb is this shiny “it girl” for a quick start-up business. People with previously no real estate experience are diving head first into this head first as a way to earn extra income. Some of us, like my family, have made in the six digits with our two-bedroom flat with only a kitchenette, an amazing location, and a whole lotta work over the last few years.

Despite owning 9 properties, we actually only run an Airbnb in our own home. Could we make more money in our other homes if we Airbnb’d them. Probably. Then why don’t we? Airbnb is a lot of work to do it right – guest turn overs, cleaning, quality checking the space, making sure tenants are respectful and genrally keeping an eye on every tiny detail. We feel, at this point in our life, we can only be the best hosts by being attached to our Airbnb. This isn’t the case for all people, but our motivation is not only monetary. We are in LOVE with meeting people from all over the world, sharing our home and especially our community wit...

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