How to Invest in an Airbnb From Out of State Successfully

Local Vs. Out of State

This ability to cherry-pick a market for your specific needs is what makes investing out of state so desirable.

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.

Airbnb Expenses

It is crucial to accurately estimate what your expenses will be to make a sound investment decision. However, what expenses and what proportion they will take on can vary wildly from market to market and by property style

Airbnb Revenue

There is a rule of thumb that a good Airbnb should make 3x the long-term rental rate.

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