Rob texted this image to me today. This property has booked for over 3 months so far this year.
Payment, Interest, Taxes, Insurance are $830/monthLong term rental this property would rent for $1,350/monthSo this would cash flow about $500/month.
With Airbnb its’ gross booking is $2,600/month. It has been booked for 3 1 month stays, yes even in the middle of COVID-19.
It has made $7,800 just from 3 – one month stays. Just those 3 1 months stays – the bookings covered over 9 months of PITI.
With Airbnb it is cash flowing $1,500/month. Airbnb is superior – if you know how to run Airbnb and pick the right asset for Airbnb.
Our Airbnbs have performed incredibly well during COVID-19. I highly recommend you join The Mastermind