Air BnB Real Estate Investing – Converting Rental Property to AirBnB Posted on April 24, 2019 air AirBNB BNB chicago hotels Converting dallas hotels Estate hotels hotels in chicago hotels in florida hotels in las vegas investing las vegas hotels private jet Property Real Rental rental property travel travel vlog vacation 20 thoughts on “Air BnB Real Estate Investing – Converting Rental Property to AirBnB” I love your walkthrough of this property and the AirBnb angle. It's definitely a concern to over- or under-build in a gentrifying location. If only you had a crystal ball?Reply Your channel is awesome!Reply I would maximize the number of bedrooms.Reply 13:15 – Also, if you can, eventually find a way to make the basement usable.Reply 10:33 – If you have the money, and the area genuinely is gentrifying (and you see it continuing for long enough into the future), just knock down that old master suite and make your very large addition now. Don't waste money making the deck.Also, now that I have a feel for the size and layout of the rooms and rest of the building, it kind of needs another spacious room. Honestly, without that addition, it feels/looks quite cramped. If you make the massive addition now, then redo the layout of the house (very awkward layout!), then you can probably squeeze a lot more efficiency out of it. But you can't really redo the layout in the future if you don't have the addition.But I don't know. I'm still learning through the fire hose right now, and you know a lot more than me.Reply Great question about whether to use separate AirBnb accounts for the two rentals depending on your goals with the different houses.Reply Oh look at that – a needle!Reply Will be good to see the end result 🙂Reply How much did you get it for ? Foreclosure, Tax deed, Or Probate ?Reply I'd be inclined to have the same account. Don't let one property slide, or be lesser than the other. Light the fire under your butt to do your best for every guest. If you market and communicate effectively, your guests will understand what you have to offer and appreciate you regardless.Reply When the remodel is done could you do a break down of which materials/cost were used? I think it would be helpful for us to see how much stuff costs vs labor costsReply For the room that is too small for a closet, check out the Hemnes hat rack in Ikea. It has hooks, a rail for hanging, and shelf.Reply The walls we call lath and plaster the stuff from the early 1900s they ( Melbourne ) mixed some type of cement lime and horses hair, for the plasterReply the most informative channel on youtubeReply Blow the door way make the kitchen bigger and put laundry machine and maybe add a small dining room to itReply Good call on leaving the tub and changing the door jamb. Having that full bath for resaleReply how many rentals per year do you predict? 180 days out of the year?Reply Your videos give me more and more confidence to get into real estate. Hopefully many good things come your way thanks MattReply How is it going, big fan. I'm planning to move to Canada from Cancun and would love to meet up with y'all and maybe do some business together. I'm currently managing a building with 9 condos and a penthouse where I live. I love your country, specially been looking to move to London, Ontario. I'm about to start another protect that will have 16 estudios but my plan is to live ine Canada. Ill probably stop by 2019 summer with my family and see if we can meet up since you have more info about everything in Canada. lolReply Conveniently left you a needle to use 😂Reply Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment.