So we recently bought an investment property which we were originally going to rent out month to month. However since discovering Airbnb, we thought we might just try it out. Our property is located in Vancouver. So far, we find that the work vs the level of income is not worth it. We did a projection on the income this year, and it looks like we might just break even (after all expenses). However if we actually gone for the monthly rental, we would make a small profit without all the work.
So I’m just curious, for those of you that bought an investment property and have put it up on Airbnb, how do you find it? Is it worth it?