New Listing

[Pedro1553]

Hello everyone! I just bought a 3 bedroom property in Chula Vista, CA 91911. I am debating whether to rent it out or use it as an Airbnb. Wondering how I can go about making this decision.

Thanks!

[Mike-And-Jane0 · Accepted solution]

@Pedro1553 Firstly you need to check the local regulations to see if you can Airbnb it. Then perhaps buy data from Airdna.com to determine likely prices and utilisation. Take all your costs off this and then do a similar comparison to long term renting. Don't under estimate the costs involved with an Airbnb....

[Pedro1553]

Thank you! Yes, we are good with the regulations. Appreciate the advice!

[Bronwyn100]

Please be aware of the time and cost an Airbnb takes to run. A rental is passive income and does not tie you down.