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Moneychats

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Moneychats

Re: Slojab post# 9441

Thursday, 02/15/2024 11:07:31 AM

Thursday, February 15, 2024 11:07:31 AM

Post# of 9500
Airbnb much more profitable than apartment manager.
I know people who rent apartment and (illegally) resell as Airbnb/Vrbo and make lots of money. The income from Airbnb way higher than the month rent they pay. But it violates their contracts, so if the apartment find out they will be put out and fined.
Short-term rental is highly lucrative business and there are just not enough properties as such. If Vaycaychella can amass $20 million Airbnb properties to legally operate as Airbnb they will probably make tons of money.
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