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RE: LeoThread 2024-09-27 05:25

in LeoFinance7 days ago

It depends, but in that area for an Airbnb that accommodates 2-3 ppl the prices are around:

$1k a week low season
$2k a week high season

Don't know about long term, but I would aim for around $1.5k per month. It's really central and with 3 bedrooms.

I'm actually amazed by the price and location.

Me and a friend are thinking about each throwing $15k into a one if these deals and see how it goes 🤔

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Wow! The only type of property I'd want to invest in to rent is self-storage. Those things can be a real gold mine. If I was going to invest in a rental, that's what I'd do. We are renting a storage unit. The one we rent is pretty reasonable for the size. We moved to the one we are in because the one we were in wasn't as close to our home nor was it as nice as what we are renting now. Plus they were going to raise the price way over 300 dollars a month. We did the math and even with having to get movers to move our stuff we were still going to save money. And from an owner's standpoint they're pretty low maintenance. I look at it this way. People are always going to need a place to keep their stuff. Even if it's only until they can go through it and either donate it or throw it away.

Even though what you are saying is true, a house probably increases in price more than a storage rental, but I'm not really familiar with that over here, have never seen such things in Portugal or Spain tbh.