How to Own (+Rent Out) an Airbnb From Out of State: 8 Steps

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You may have been considering buying rental properties and then started seeing the comparison of long-term vs. short-term rentals.

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Maybe you were thinking about buying a home you would like to retire into and can’t imagine how expensive they will be by then.

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There are plenty of reasons to think about investing in rental property out of state.

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How to Select a Market From a purely financial perspective, you will want to choose a market with strong rental demand, low demand for property, and good prospects for property price and rental demand growth.

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Estimate Your Airbnb Expenses It is crucial to accurately estimate what your expenses will be to make a sound investment decision.

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Calculate Your Airbnb Revenue Unlike expenses, it will be harder to project the revenue for a short-term rental.

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Read The Full Story

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