Short Term Rentals Can Still Be Profitable

I’m sure that you’ve heard the chatter: short-term rentals are “dead,” Airbnb is oversaturated and no one is making money on the platform. The truth is that yes, Airbnb is more competitive than ever and the bottom 50% of operators are struggling to make positive returns. However, top operators are making more than ever. New tools have made it easier than ever to “rinse and repeat” winning strategies and scale STR portfolios into multi-million dollar businesses. 

You cannot purchase a house in a good location, throw it on Airbnb and expect it to be a winner. Finding and operating a successful short-term rental takes research, planning, and leveraging these short-term specific tools that will help you get the most out of your listing.

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RSK: I do not know many who do these short term rentals but the author seems to be makng a logical argument. The 20% rule and rinse and repeat.