Into The Airbnb

Her 4.98 stars listing makes $4-5,000/m Revenue at Charlotte in North Carolina, where long term rental making $2,500/m.

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Today's guest is Teri. She runs two listings near Charlotte in North Carolina. Her revenue from a four-bedroom house is around $4,000 to $5,000 per month (plus cleaning fees) depending on the season. Similar properties around the area are rented out at $2,000-$2.500 per month. Teri has 52 reviews average at 4.98 for this listing. 

4.98 stars listing : https://www.airbnb.co.uk/rooms/30376303


Vacation Rental Career (1:55)

  • Ran 7 long-term rental properties in Chicago.
  • First property: 2018 Fall
  • Second property: 2019
  • Third property: On hold

    • Coronavirus handling (3:44)

    • https://www.furnishedfinder.com/
    • Posting on Facebook groups
    • Finds from neighbours who needs a house

      • Occupancy Rate (5:09, 7:42)

      • 50%
      • 80% during high season (Summer)

        • Price (6:21)

        • Around $270 on average
        • Currently lowered 10-20% due to coronavirus situation
        • Rates are 10-20% higher during high season

          • Long-term rent : $2,000-2,500/month

          Market Research when buying a new house (13:00)

          • Work with a realtor who uses AirDNA to estimate vacation rental income


            • Podcast sponsored by Airbitcs - find more interviews here.

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