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NetWorth
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Comments by "NetWorth" (@networth00) on "Market FALLING APART | AIRBNB Bans Spreading 400%" video.
I rely solely on my 6 large airbnbs in TN. BUT BUT BUT I have a 7 figure savings account (CDs and money market) so I might be ok, but a good hard recession will wipe out 85% of airbnbs is my guess. I live in Fort Lauderdale and there are so many dang airbnbs around here and surrounding cities that are empty for weeks or months. There's a real hurting about to happen. My friend owns an airbnb here and his note on the 3 bedroom canal house is $9100/month. I think people are crazy going into that note when you have tons of competition.
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She's about 5 years too late getting into the airbnb game. She'll learn the hard way.
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no
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WHY would someone rent an airbnb in Vegas? I made that big mistake and should have just stayed on THE STRIP. That place is a soulless gutter so I won't be going back.
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I rely solely on my 6 large airbnbs in TN that I have owned and operated for about 10 years. BUT BUT BUT I have a 7 figure savings account (CDs and money market) so I will probably be ok, but a good hard recession will wipe out 85% of airbnbs is my guess. I recently moved to Fort Lauderdale and there are so many dang airbnbs around here and surrounding cities that are empty for weeks or months. There's a real hurting about to happen. My friend owns an airbnb here and his note on the 3 bedroom canal house is $9100/month. I think people are crazy going into that note when you have tons of competition.
1