How to Assess the Airbnb Market in Your Local Market

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The short term rental market right now is not very good, in fact, it's awful. The average vacancy in an Airbnb used to be around 12 days as a national aggregate average. Now in some markets, it's up to 30 days. There are huge swaths of vacancy in between stints,. And so just because there's over saturation nationwide does not mean that there's necessarily going to be over saturation in your local market.

#455: Yvette recently retired with the goal of reaching a $10,000 monthly income from her real estate investments. Should she put her money toward debt payoff or portfolio expansion?

Carly wants to buy a second home and convert her current home to a rental. What are the pros and cons of tapping into existing equity versus saving cash for a down payment?

An anonymous caller plans to move back to her touristy hometown in six to seven years. Is it smart to buy something now and take advantage of a thriving Airbnb market?

I tackle these three questions in today’s episode.

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