Any tips to make money with AirBnb?

Uber / Eng itsdara
Jun 27 9 Comments

I'm planning to buy a property to rent out on Airbnb in San Jose downtown area, would like to hear from people who host or rent on the platform. What does it take to be successful in this business, which I assume is maintaining maintain 4.8+ ratings?

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TOP 9 Comments
  • Lyft done2
    I’m a super host with one profitable property around 30 to 40% IRR. I’d be skeptical that you’re going to get a good returns in San Jose and I would be wary of regulatory risk on the West Coast in general.
    Jun 27 5
    • Amazon
      youguess

      Amazon

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      Amazon
      youguessmore
      Where is your Airbnb property?
      Jun 27
    • New / Eng PQQw63
      Would you mind sharing the location?
      Jun 27
    • New / Eng QTdN03
      It’s in downtown San Jose. The key to being profitable is to reduce competition.
      Jun 28
    • Uber / Eng itsdara
      OP
      LoL good one.
      Jun 28
    • Lyft done2
      Mid western city, grossing about 4K a month with a 150 K property. Good luck in San Jose
      Jun 28
    • Uber / Eng itsdara
      OP
      Pretty good read. Thanks!
      Jun 28
  • Microsoft
    temp_

    Microsoft

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    Amazon
    temp_more
    It's Airbnb
    Jun 27 0