![]() Hinckley said she spends about 10 hours a month working on her Airbnb, which brings in $4,000 a month. Genesis Hinckley, a Google employee who owns an Airbnb in Colorado, has tips for decorating on a budget She credited much of her success to finding a local property manager. Combined with income from another rental property, Prince and her husband brought in $15,000 in their first six months. Prince bought her first Airbnb near her daughter's college town for $115,000 and now rents it out for $110 a night. Jennifer Prince, a freelance writer who rents out 2 homes, stresses the importance of finding the right property manager ![]() DeCora said that while it was stressful, he now brings in more than $4,800 a month from his Airbnbs. ![]() He was able to afford his first home with $0 down through a down-payment-assistance loan and financed a second home with an $80,000 home equity line of credit, or HELOC. At one point he took on $676,000 in debt. Bryce DeCora, a 30-year-old former engineer, owns 3 Airbnbs and used a home equity line of credit to finance his investmentÄeCora left his job at Boeing to pursue real-estate investing, but it wasn't easy. Several Airbnb hosts who've taken the plunge and rolled out the welcome mat shared their tips for finding the right properties, financing strategies, and generating bookings. Tips and tales from 5 successful Airbnb hosts Here, we've compiled Insider's coverage of Airbnb hosts and related industries, from success stories to words of warning. ![]() Like Wall Street's single-family-home investors, Airbnb hosts are also sometimes accused of preventing area residents from buying homes for themselves. Municipal governments in states such as Vermont and Hawaii have cracked down or pledged to regulate the short-term-rental industry in their cities, reconsidering its effect on disturbances or the overall housing stock. As Airbnb grows, its presence in some neighborhoods has rankled locals.
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