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Is Airbnb a smart investment or a risky move? In this episode, Brad Hovis shares his real-life experience owning hotels and Airbnbs to break down the pros and cons of short-term rentals. He explains how oversaturation, local regulations, competition, and hidden costs can make or break your returns. If you’ve ever thought about jumping into the Airbnb market, this episode will help you decide if it’s the right move for you.
Key Takeaways
Airbnb can be profitable, but success depends heavily on market conditions and local laws.
Oversaturation is a major risk. A market can shift from high returns to steep losses in just one year.
Permits matter. Limited-permit markets often provide more stability and protect investors.
Maintenance costs are higher than expected. Short-term guests wear down properties quickly. Reviews and responsiveness directly impact bookings and income.
Not all locations work. Tourist destinations perform better than smaller markets with little demand.
Resources and Links Mentioned
REIBiz
PropStream Real Estate Data Tools
Free Real Wealth Formula Calculator
Connect with Us
Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: podcast@realwealthformula.com
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