Mikey Rox bought his New York City, two-bedroom condo thinking family and friends would keep his new guest room occupied. When they didn’t visit, Rox turned it into a money-making venture. Recent Posts.
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Hosts are entrepreneurs. They must rent their home legally, compete in a crowded marketplace and choose a smart listing price. Research how to make your property stand out among local hotels and other rentals. To summarize some of the most important advice: Post enticing photos. Shatford recommends landscape-oriented photos that show the space as clean, well-decorated and full of potential.
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Mikey Rox bought his New York City, two-bedroom condo thinking family and friends would keep his new guest room occupied. When they didn’t visit, Rox turned it into a money-making venture. Rox added a mini-fridge, coffeemaker, DVD player and TV, and listed the room on Craigslist as a short-term rental for tourists. The room was booked immediately. Six months later, AirBnB. Most months the room brings in enough money to cover the apartments mortgage.
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We quickly became Super Hosts, follow all the local regs and have good rapport with our neighbors without even being home…. Especially if the cost is marginally. Are there any special strategies that you can share about AirBnB in Mexico, or foreign properties more generally? I find doing this for yourself is the most accurate strategy. Many successful nightly rental homes incorporate some sort of theme in their design.
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