What do think of buying Airbnb Property?

Google / Eng
LevelZ

Go to company page Google Eng

LevelZ
Jul 31, 2019 4 Comments

I have $100k to invest. I was wondering if buying property in places like Lake Tahoe with some 3-4 investment partners would be good idea?

You can also use it yourself when you want and Airbnb it when not.

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TOP 4 Comments
  • Google
    vkg38472

    Go to company page Google

    vkg38472
    Check where the county line ends. One half of tahoe banned airbnb
    Jul 31, 2019 1
    • E*Trade / Finance
      cbEV72

      Go to company page E*Trade Finance

      cbEV72
      That’s the main risk with this scheme: municipalities banning it. It interferes with hospitality business interests which have strong ties with local politicians

      NYC is a good example
      Jul 31, 2019
  • New
    jrbb00

    New

    jrbb00
    Don’t have too many partners for a property you intend to use yourself.
    Jul 31, 2019 1