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We’re so excited to introduce our first episode of FIRE Drill Podcast!
In this episode, we feature a young couple well on their way to financial independence. They use short term Airbnb rentals, long term real estate, and investing to get to FI faster.
The crazy thing is that they targeted their Airbnb rental property to Bachelor and Bachelorette parties.
How to Rent Out Your Home for Airbnb
In this episode, you will learn:
- What to look for when purchasing a property for Airbnb
- Crazy stories from living on the site of an Airbnb rental for bachelor parties
- Their “never sell” strategy for real estate investing
- How real estate can be used to get to Financial Independence faster
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Kayla says
This is great for your guests but the other side of the coin is the impact these full-time Airbnbs have had on the East Austin neighborhoods they have gentrified. The City of Austin has since put a moratorium on Airbnbs that are not owner occupied because there are no actual residents left in these neighborhoods. Honestly, as an native Austinite, hearing from the people who have profited from our housing and affordability crisis was a little bit heartbreaking. I totally understand that they are entitled to make a living using their real estate investment but they obviously did not care about our community.
firedrillpodcast@gmail.com says
As with most everything in life, moderation is key. Too much of something is never a good thing.