Her 4.98 stars listing makes $4-5,000/m Revenue at Charlotte in North Carolina, where long term rental making $2,500/m. - a podcast by Jae Seok An

from 2020-03-26T22:14:48

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Today's guest is Teri. She runs two listings near Charlotte in North Carolina. Her revenue from a four-bedroom house is around $4,000 to $5,000 per month (plus cleaning fees) depending on the season. Similar properties around the area are rented out at $2,000-$2.500 per month. Teri has 52 reviews average at 4.98 for this listing. 


4.98 stars listing : https://www.airbnb.co.uk/rooms/30376303




Vacation Rental Career (1:55)



  • Ran 7 long-term rental properties in Chicago.


  • First property: 2018 Fall


  • Second property: 2019


  • Third property: On hold



Coronavirus handling (3:44)



  • https://www.furnishedfinder.com/


  • Posting on Facebook groups


  • Finds from neighbours who needs a house



Occupancy Rate (5:09, 7:42)



  • 50%


  • 80% during high season (Summer)



Price (6:21)



  • Around $270 on average


  • Currently lowered 10-20% due to coronavirus situation


  • Rates are 10-20% higher during high season



Long-term rent : $2,000-2,500/month


Market Research when buying a new house (13:00)



  • Work with a realtor who uses AirDNA to estimate vacation rental income




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