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[quote=Anonymous][quote=Anonymous]Parents has about a dozen airbnbs in a major tourist destination all high end spots. When factoring in all the costs it was 100% NOT worth it.

They had a team come and do a deep dive on their operations and the conclusion was that it'd make more financial sense to take the money and put it in the market.

Mind you, this was WITH early entry into the tourist town, appreciation on the properties, continuous booking, and paid off properties.

The issue was the guests, management costs eating into the margin, effort to maintain a high rating to justify the higher cost amongst a number of other things.

As you could probably tell, they're pretty well off and have investments in the market which outperformed every Airbnb and then they sold their properties I think 2 years ago now and put the money in the market and they made more in the past 2 years (which we know is unprecedented levels of returns) than they've ever made with Airbnb.

Do your math and see if it makes sense for you!

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Agree 1000%!

There are so many risks with vacation rentals.  Good management costs you, and guests (even in higher end places) rarely treat your place nicely, so you will have damages and repairs.  Then if you go very long without guests, you stand to loose $$$.  Much easier process to invest and most likely earn more.

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