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Inventory of Homes For Rent

This isn’t good for people needing to rent a house. Anecdotal evidence is surfacing of airbnb rental skyrocketing in cost. Not cool at all.

4 comments

4 Comments

Java

10h

And I have a beach house that sits empty 3-4-5 days at a time each week.

Wonder what it’s worth.

Don’t want strangers going through my stuff. Messing w my fish. Sleeping in my bed. Eating my snacks. Ick.

BigBallss

Replying to

Just a guess , $12k a month? Check out Rentometer.com it’s free and will tell you what current rents are in your area.

My house in Arrowhead sits empty most of the year for the same reason. I don’t want strangers in my house

Edited

Java

Replying to

Funny. I’d have to rent it like 4 months of the year just to pay the property taxes. Real estate never did pencil out for me

BigBallss

Replying to

The thing with real estate is that timing is important. The way I pencil it out is that it has to cash flow positive with a 20% down payment and having some scale is important. One or two properties isn’t interesting. 20 properties or more all cash flowing positive then factor in the tax write offs and appreciation: magic.