However, if you look at Lower East Santa Barbara Airbnbs, you can buy property for $660,000 and have a 6.63 percent cash-on-cash return. If you want to host a Santa Barbara Airbnb in the downtown area, you won’t be making as much profit-the cash-on-cash return is -0.18 percent. The city’s coastal setting, Mediterranean weather, and countless hidden gems make it one of the most desirable places to live in the Golden State. Santa Barbara’s costly median home prices might discourage you from buying a rental property, but the key is to look for places in the right neighborhoods. With a 57-percent occupancy rate, hosts can easily have a $3,000 Airbnb rental income. Hosting a San Diego Airbnb is quite profitable-singl e-family homes, in particular, bring higher cash-on-cash returns, confirming that investing in San Diego’s real estate has great potential. Featuring 3 bedrooms (12 guests total) and 3 baths, the open floor plan has 2 floors and 2 separate living areas. Thanks to its growing population, the demand for rental property is continuously increasing. Looking for larger houses for rent in downtown Raleigh, this home is ideal for large groups near PNC Arena with plenty of space to entertain both indoors and outdoors. Given the city’s 70-mile-long coastline, it’s no surprise that people choose to vacation here.
Hear me out: short-term rentals require your property to be constantly turned over. As the second-most populous city in California, San Diego is the ultimate destination to host an Airbnb. Follow this blueprint to start making money with Airbnb quickly.
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