Airbnb as a Passive Income
Hi fam, wanted to know your thoughts on becoming Airbnb hosts in Bengaluru. I currently reside in bengaluru. Honestly, i had great airbnb experiences wherever I stayed and since I have a knack for DIY my interiors so why not become an airbnb host.
Give me thoughts as where should I start ? How to find good deals and property, should I take help of a broker? Is there any profit margin involve at initial level? What are extra costs involved like caretaker and maintenance? Are landlords in bangalore comfortable in leasing/renting out their property as airbnb?
I’m thinking to apply the lease/rental model instead of buying the property. If someone is doing the same wanted to know their journey. My aim is to start with one property and eventually expand it.