Her 4.98 stars listing makes $4-5,000/m Revenue at Charlotte in North Carolina, where long term rental making $2,500/m.
Today's guest is Teri. She runs two listings near Charlotte in North Carolina. Her revenue from a four-bedroom house is around $4,000 to $5,000 per month (plus cleaning fees) depending on the season. Similar properties around the area are rented out at $2,000-$2.500 per month. Teri has 52 reviews average at 4.98 for this listing. 4.98 stars listing : https://www.airbnb.co.uk/rooms/30376303 Vacation Rental Career (1:55) Ran 7 long-term rental properties in Chicago. First property: 2018 Fall Second property: 2019 Third property: On hold Coronavirus handling (3:44) https://www.furnishedfinder.com/ Posting on Facebook groups Finds from neighbours who needs a house Occupancy Rate (5:09, 7:42) 50% 80% during high season (Summer) Price (6:21) Around $270 on average Currently lowered 10-20% due to coronavirus situation Rates are 10-20% higher during high season Long-term rent : $2,000-2,500/month Market Research when buying a new house (13:00) Work with a realtor who uses AirDNA to estimate vacation rental income Podcast sponsored by Airbitcs - find more interviews here.