March 8, 2020

Read this before renting out your home via Airbnb

Eager to begin renting your home on Airbnb and earning extra cash? Before you jump into the short-term rental pool, realize that there are many costs involved. For example, Airbnb charges fees. You'll need to stock the cupboard with supplies. You could be required to pay taxes. Your mortgage may be affected. A cleaning fee could apply. It’s wise to consider all of these potential expenses and related real estate factors before taking the plunge.

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