But hold up, Brian. Do I have to clean these properties after each guest?
We find a professional cleaning company who takes care of all the cleanings between guests.
And the best part is, the cleaning fee on Airbnb is charged to the guest at the time of booking (on top of the cost to book the place!)
So it’s NOT an expense out of our pocket.
So what's the big takeaway here?
There is a BIG difference between the old way of real estate investing, versus the new way.
The old way is to come up with a big downpayment, go into debt, purchase a property, rent it out to one tenant and hope to make $300 a month.