Airbnb is a fantastic way to generate cash flow, own a vacation property and increase your net worth.  With the right property management company, this can be a hands-off experience with very little worry and a great investment.

Location is key.  Some people would be surprised at what will rent out and where.  We have an incredible Airbnb management company based in Calgary that manage Airbnb properties almost anywhere.

What about the risks?  The income potential can be high but it’s not guaranteed.  Municipalities are starting to come down on Airbnb properties so be aware and do your research before you commit to buying.  And then there’s the upfront cost to furnish the place....  This is why it’s so important to have the right people in your corner, guiding and advising you.

If you are open to anywhere, and you're looking for an investment with cash flow and appreciation this is a great way to start.  If you are looking for a vacation property that you can use this also a great way to build your net worth.  Ideally, you want to find a place that can be an Airbnb but also a long term rental if the regulations change.

Reach out to me with all of your Airbnb questions or concerns. The opportunities are certainly out there but you need to be fully equipped with all of the facts.  That's where I come in.