Investing in Airbnb: The Good, The Bad, The Lucrative

Welcome to "Millennial's Choice: Real Estate, Finance & Entrepreneurship" with your hosts Matthew and Danny Ablakan! In this episode, we embark on a deep dive into the world of real estate investments, focusing on the ever-popular Airbnb market. Tune in as we explore the enticing prospects of investing in Airbnb properties and uncover the potential drawbacks. We'll also dissect the age-old debate of long-term versus short-term rentals, shedding light on the pros and cons. Be prepared to learn about the risks associated with squatters in the short-term market, and discover strategies for growing your real estate portfolio through long-term rentals. Join us as we navigate the intricate landscape of real estate, unveiling the many risks and rewards in both short and long-term rentals. Whether you're a seasoned investor or just getting started, this episode is packed with valuable insights to help you make informed choices in the real estate world.<br/><br/>Timestamps<br/><br/>0:00 - Intro<br/>1:30 - Investing into an Airbnb<br/>5:00 - Biggest Con’s of Airbnb<br/>7:00 - Long-term s Short-term<br/>8:50 - Risks of Squatters <br/>12:30 - Growing Your Portfolio with Long-term<br/>15:10 - Many Risks in both Short and Long Term Rentals<br/><br/><br/><br/>For Members Only Content Visit: <br/><br/>https://financialfreedomclub.ca/<br/><br/>For Matthew's Best-Selling E-book Featuring Shark Tank Star Kevin Harrington & Real Estate Guru Robert G. Allen, visit:<br/><br/>https://financialfreedomclub.ca/ebook<br/><br/>Learn More About The Millennial's Choice Group of Companies:<br/><br/>https://linktr.ee/millennialschoice<br/><br/>Connect With Matthew & Danny On Instagram:<br/><br/>https://www.instagram.com/matthewablakan/<br/>https://www.instagram.com/dannyablakan/<br/><br/><br/>Disclaimer:<br/><br/>The content provided on Millennial’s Choice: Real Estate, Finance & Entrepreneurship is intended for informational purposes only and should not be considered as financial advice. We are not financial advisors, and the information presented on our channel should not be relied upon as a substitute for professional financial guidance.<br/><br/>While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or timeliness of the content. Financial situations vary from person to person, and what may be applicable to one individual may not be suitable for another.<br/><br/>Therefore, it is essential to consult with qualified professionals, such as financial advisors, accountants, or legal experts, before making any financial decisions or taking action based on the information provided on our channel.<br/><br/>The views and opinions expressed by the hosts, guests, or any other contributors to Millennial’s Choice: Real Estate, Finance & Entrepreneurship are their own and do not necessarily reflect the views of the channel or its creators. Any reliance on the information presented on our channel is at your own risk.<br/><br/>We strongly encourage viewers to conduct their own research, seek professional advice, and carefully consider their individual financial circumstances before making any financial, investment, or entrepreneurial decisions. Personal financial situations, goals, and risk tolerances should be evaluated before taking any action based on the content provided.<br/>By accessing and viewing our channel, you agree that Millennial’s Choice: Real Estate, Finance & Entrepreneurship and its creators shall not be held responsible for any financial losses, damages, or liabilities that may occur as a result of your reliance on the information presented on our channel. We disclaim all liability for any actions taken or not taken based on any or all of the contents on our channel.<br/><br/>Support the show