How Investors Are Generating Big Cash Flow With Airbnb

We're getting a lot of interest from people wanting to use
Airbnb as an investment. Here's how we're doing it.


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Have you heard of people using Airbnb as an investment? We've had a
lot of contacts recently with people asking about this, and we're
even beta testing two properties right now strictly for Airbnb as
an investment here in Philadelphia.

There are three main issues to be aware of when you consider this
kind of investment:
Location and zoning: The property must be somewhere with
zoning that allows short-term rentals. Philadelphia has a
semi-archaic zoning code, but we know the areas where you can and
can't do Airbnb here. Many people use Airbnb in areas that aren’t
allowed because the city doesn't have the manpower to enforce the
zoning laws, but we want this to be a sound investment that we’re
executing legally. There needs to be a management company in
place to take care of everything: With the two properties we're
currently beta testing, my clients have never received a phone call
about anything. It's all taken care of for them. They charge a lot
of money, but because the revenue is so high, it more than covers
it. Both properties currently have a very nice cash flow that's
much better than they were getting as standard rentals. 
The exit strategy: Like with all investments, I like there
to be two exit strategies. We want to buy a property in an area
with enough appreciation that if we have to sell it quickly, you
won't have to take too much of a haircut on closing costs. The
second strategy would be to rent the property long term. You'd make
considerably less income, but if you need to stop with Airbnb for
some reason, you want to be in an area where traditional long-term
rent will cover the cost of the asset. That's where our expertise
comes in. If you have any questions about using Airbnb as an
investment, we'd love to tell you more about it. Just give me a
call or send me an email soon!