managing rental property

Performance Property Real Estate Question

Should you convert your rental into an Airbnb property?

Q: Gerald, I use airbnb for lodging when I travel sometimes.  The tenant in my rental property is moving out soon–does it makes sense to convert my rental property into an airbnb property?  Kendra, Roxbury, MA A: Great question, Kendra.  Does it make sense to convert a traditional rental property into an airbnb property?  I’m familiar with airbnb because I use airbnb a lot when I travel because I prefer to stay somewhere that is more like home rather than a hotel room.  There are investors now that actually look for investment properties to buy specifically to offer on airbnb, VRBO, homeaway or other real estate app platforms. The main issue you have to recognize if you switch from a […]

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