Quote:
Originally Posted by Xist
Do air b and bs flow more cash than conventional rentals?
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As Jason said, it depends.
Zillow says my Vancouver rental value is $2,700. Nobody would really want to ABnB the place because it's 10 minutes from Portland, in a whole 'nother state. Nobody vacations in Vancouver when Portland is just across the river, and people know what Portland is but never knew the US has a Vancouver.
If I made $200/night on my Vancouver house renting it 2 days every weekend, that would be $1,600. I'd struggle to book every weekend.
I wonder if there's some way to auction nights in a nice vacation rental? Set some minimum bid at which point renting is still slightly profitable, and let people bid for days. Super valuable weekends like Memorial Day weekend could go sky high, and people could find bargain pricing during the week off-season.
I'd just not want 50%+ vacancy on a rental.