Look at how much you could get for a traditional, long-term rental if legislation comes into town and makes that necessary,” says Peter Lorimer, a real estate broker who stars on the Netflix series “Stay Here,” which helps folks spruce up the properties they list on Airbnb and HomeAway. If Airbnb is in your plans, “do the math before purchasing a home. The main rule in approaching the short-term rental market these days: Have a strong backup plan. That’s why the ® data team searched out the strongest-and most profitable-short-term rental markets right now. They need to know their local laws, including what’s coming down the pike they need to ensure they’re investing their nest eggs in markets where demand and appreciation are likely to remain strong. So does this mean the days of big profits from Airbnb rentals are over? No! But during this time of change, Airbnb hosts need to do their homework. And a number of smaller cities are anticipated to follow their lead. New Orleans enacted legislation in January that will push these units out of historic residential neighborhoods. This year Las Vegas and Washington, DC, will phase out full-home rentals on sites like Airbnb with no owner present, which make up more than 70% of their current markets.

Airbnb for sale near me