Is Airbnb An Option for Generating a Return from Your Investment Property?

Tuesday, April 18, 2017 / Property Management

What is Airbnb? Can it Help Your Investment Strategy?“A community built on trust”​ – Airbnb​ ​ Founded in 2008, Airbnb claims to be, “​a trusted community marketplace for people to list, discover, and book unique accommodations around the world…”​ Working as an online marketplace and hospitality service, it enables people to lease or rent short-term lodging. This includes single rooms, apartments, houses, villas, and even castles.  Working as a middleman/broker, Airbnb connects guests to hosts, whilst taking a fee from both parties every time a booking is made. Service fees for Guests:Guest service fees are typically in the range of…