To Airbnb or to Not Airbnb?
To Airbnb or to Not Airbnb? January 31, 2019 Offering short-term rentals through Airbnb is growing in popularity among homeowners and investors. And it’s no wonder—with Airbnb attracting guests from all over the world, hosts in major cities profit by an average of $20,619 annually, according to iPropertyManagement , a research and information site. In the U.S. alone, booking have increased 45 percent in the past year. The fastest growing demographic of property owners becoming Airbnb hosts are people age 60 and over, increasing 102 percent since 2017 (and women at a higher rate than men). But taking the plunge into being an Airbnb host needs careful consideration and planning. It’s not for everyone. If your clients are contemplating the Airbnb option, then present them with these five points from Wendy Schultz, founder and CEO of The Simple Life Hospitality , a property management company for short-term rentals. Find out if short-term rentals are all...