Originally Posted by
Humboldt
What about Airbnb’s? I have a college roommate who has been building houses out in a little beach town in Costa Rica for 20 years. I’ve been down to visit multiple times and am now thinking of buying property. I’m lucky I have an insider with intel on the workings of this area. It’s really starting to boom with Google and Amazon “work pods” operating in the area. My friend is currently building a place for the guy who just won his 7th Super Bowl.
Anyone out there have an Airbnb, in an exotic locale, that has found success and good cash flow?
Humboldt
There are people who made millions with air b&b and never took on the liability and risk of owning any property. They used short term renewable leases. The pandemic pretty much killed their model but again they just didn't renew the leases so no risk. Once things get back to normal I am sure they will be back in business. Anything within a few blocks (walking distance) from a beach rents well.