How to Own (+Rent Out) an Airbnb From Out of State: 8 Steps
You may have been considering buying rental properties and then started seeing the comparison of long-term vs. short-term rentals.
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.
There are plenty of reasons to think about investing in an Airbnb rental property out of state.
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.
Estimate Your Airbnb Expenses
It is crucial to accurately estimate what your expenses will be to make a sound investment decision.
Calculate Your Airbnb Revenue
Unlike expenses, it will be harder to project the revenue for a short-term rental.
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