Day: March 24, 2023

Best Places to Airbnb in Rhode Island: A Guide to Real Estate Investment near Providence

Post author By Magdalena Jara
Post date March 24, 2023

best places to airbnb in rhode island

Key Takeaways

● Providence’s growing economy, reasonable real estate prices, and solid tourist market have allowed many Airbnb hosts & investors to create a nice passive income.

● Discover the top reasons why investing in rental properties in Providence, Rhode Island, can turn into a financially rewarding experience for real estate investors.

● Get to know the most lucrative neighborhoods and nearby cities in Providence, along with their Airbnb data and recommended property types.

Introduction

The friendly capital city of Rhode Island, Providence, is situated at the head of Narragansett Bay on the Providence River. Thanks to its location, the city developed as an important and busy port in the state.

The city of Providence may be small compared to other metropolitan areas in the US, but don’t let its size fool you because it offers much more than what first meets the eye. The city owns a vibrant culture with a fascinating culinary scene. Moreover, you can explore its historic neighborhoods, theatres and museums on foot!

Providence is also known for its great colleges such as the RI School of Design, Brown University, and Providence College. For this reason, the city attracts a great number of students which greatly impacts the housing market.

In this article, you will discover the best places to invest in Airbnb in Providence, Rhode Island, and some of the reasons why investing in real estate in this city is a profitable option. Interested in learning more? Then continue reading.

Pros of buying a rental property in Providence, RI

Investing in short-term rentals in Providence or nearby cities is an excellent way of achieving financial freedom since it offers a variety of opportunities to real estate investors.

Undoubtedly, Providence is a beautiful city with plenty of history, but what kind of advantages does this city offer to real estate investors? Check out some of the top reasons why you should consider investing in Providence’s real estate market:

Growing economy

Providence enjoys a stable economy that is mainly driven by industries like tourism, education, trade, transportation, and healthcare. The city is also home to many major companies like United Natural Foods, Citizens Financial Group, and Trexton.

While Providence’s economy suffered a recession during the pandemic, its GDP grew 5.3% in the New England region according to Boston Globe.

Reasonable housing prices

Providence has a stable economy that is steadily growing and great higher education institutes, hence, more people are interested in relocating to this sophisticated city. Considering this, its rental market experiments a strong demand.

The median housing price is currently $334K with a 1-year value change of 5.8% as confirmed by Zillow. If we compare the property values with other northeastern areas, Providence’s market cost is fairly cheap.

Great location

Providence enjoys a prime location and those who relocated to this city can agree with this since they can have access to almost anything. The city is located close to major cities like Boston, New Haven and New York! So whether you’re going out of the city for a weekend gateway or business matters, Providence allows you to do it without any problems.

Moreover, if you want to travel longer distances, you also have access to the Rhode Island T. F. Green International Airport, which is just 13 minute drive from the city’s downtown.

No shortage of leisure activities

Providence owns a rich history, so if you’re someone who loves historical places, then this city will certainly win your heart. There are plenty of interesting places throughout the city such as the John Brown House Museum, The Stephen Hopkins house and Swan Point Cemetery.

In addition to this, Providence is bordered by the Atlantic Ocean, which allows the city to offer a breathtaking coastline with bays, and beaches that you can visit anytime. The city also enjoys a temperate climate with plenty of sunshine throughout the year that opens the door to a plethora of outdoor activities.

Is Airbnb Profitable in Providence, RI?

Wondering if Airbnb real estate investments are worth it? Don’t worry because Airbtics confirms that investment properties in Providence, RI are indeed a great wait to create a passive income that will allow you to achieve financial freedom. However, analyzing factors like finding the ideal property type and location are essential to generate high profitability.

Based on Airbtics’ data, an average Airbnb host can earn up to $37,887 with an average occupancy rate of 76% for managing a 1-bedroom property in Providence.

Top Areas to Buy an Investment Property in Providence, Rhode Island

Providence is one of the oldest cities in the New England region and is also the larger community in the state of Rhode Island. The city has 25 designated neighborhoods and each of them carries its own interesting aspect. Hence, it can be challenging to choose the right location for your rental property.

Check out the best neighborhoods and nearby cities in Providence, Rhode Island, that are highly recommended for starting an Airbnb business:

1. Federal Hill, Providence

Total Number of Airbnb Listings: 111
Best bedroom size: 2 bedrooms
Median property price (2 bedrooms): $175,000
Airbnb Annual revenue: $45,500
Gross rental yield: 26%

2. Mount Hope, Providence

Total Number of Airbnb Listings: 29
Best bedroom size: 2 bedrooms
Median property price (2 bedrooms): $259,900
Airbnb Annual revenue: $57,800
Gross rental yield: 22.24%

3. Downtown Providence, Providence

Total Number of Airbnb Listings: 36
Best bedroom size: 1 bedroom
Median property price (1 bedroom): $199,000
Airbnb Annual revenue: $39,768
Gross rental yield: 19.98%

4. Olneyville, Providence

Total Number of Airbnb Listings: 35
Best bedroom size: 3 bedrooms
Median property price (3 bedrooms): $219,900
Airbnb Annual revenue: $37,280
Gross rental yield: 16.95%

5. College Hill, Providence

Total Number of Airbnb Listings: 35
Best bedroom size: 2 bedrooms
Median property price (2 bedrooms): $409,000
Airbnb Annual revenue: $64,572
Gross rental yield: 15.79%

6. Newport, RI

Distance from Providence: 24 miles
Total Number of Airbnb Listings: 621
Best bedroom size: 1 bedroom
Median property price (1 bedroom): $475,000
Airbnb Annual revenue: $69,923
Gross rental yield: 14.72%

7. South Kingston, RI

Distance from Providence: 32 miles
Total Number of Airbnb Listings: 223
Best bedroom size: 3 bedrooms
Median property price (3 bedrooms): $400,000
Airbnb Annual revenue: $81,007
Gross rental yield: 20.25%

8. Boston, MA

Distance from Providence: 39 miles
Total Number of Airbnb Listings: 1,810
Best bedroom size: 3 bedrooms
Median property price (3 bedrooms): $734,900
Airbnb Annual revenue: $99,932
Gross rental yield: 13.60%

9. Cambridge, MA

Distance from Providence: 41 miles
Total Number of Airbnb Listings: 484
Best bedroom size: 1 bedroom
Median property price (1 bedroom): $625,000
Airbnb Annual revenue: $54,659
Gross rental yield: 8.76%

10. Provincetown, MA

Distance from Providence: 65 miles
Total Number of Airbnb Listings: 504
Best bedroom size: 1 bedroom
Median property price (1 bedroom): $525,000
Airbnb Annual revenue: $67,435
Gross rental yield: 12.84%

Takeaway

We can conclude that there are a variety of profitable neighborhoods and cities nearby Providence. The best places to Airbnb in Providence, Rhode Island, offer interesting investment opportunities with good rental yields and revenue to investors and hosts.

While knowing the top areas to buy a rental property in Providence is a great way to start your journey, it’s always important to deeply consider analyzing each of the options.

Take advantage of the digital era and go further in your journey by making use of the best analytics tools available to increase your profitability. Check our Airbnb profit estimator and stand among your competitors now!

Explore The Most Profitable Airbnb Locations Near Providence

Tags Airbnb Investments, lat_41.8239891, lng_-71.4128343

Airbnb Occupancy All About Airbnb

Washington DC Airbnb Occupancy Rate and Best Areas for Real Estate Investments

Post author By Ramon Meris
Post date March 24, 2023

washington dc airbnb occupancy rate

Key Takeaways

● The National Cherry Blossom Festival is the biggest spring event in DC. It is an annual event attracting 700,000 visitors who wish to witness the blossoming of over 3,000 cherry trees.

● Short-term rental data analytics informs us that while the event is a magnet of close to a million spectators from outside the DC area, Airbnb revenue is just starting to climb up from there.

Introduction:

Washington DC is not all about politics. Residents also know how to have fun by celebrating numerous festivals. And part of this fun for Airbnb hosts is enjoying high rental earnings during the peak season in Washington DC!

In this article, we will take a look at the Washington DC Airbnb occupancy rates throughout the year. It will also include a heads-up for Airbnb hosts to expect the seasonality where their revenue can potentially spike.

Florida Property Investment Markets

Is Airbnb profitable in Washington DC?

Airbtics’ Dashboard confirms that Airbnb is indeed profitable in Washington DC. A one-bedroom property can rest assured of a staggering 72% occupancy rate, which can bring in annual revenue of $42,407.

If you wish to test the Washington DC Airbnb market first, check how rental arbitrage can allow you to do so. Why not try it out during the upcoming festivals? You will be surprised to know that lucrative side hustle has been readily available for a long time!

Spring 2023 Events in Washington DC

The National Cherry Blossom Festival is the biggest spring event in DC. It is an annual spectacle attracting 700,000 visitors who wish to witness the blossoming of over 3,000 cherry trees. These trees were gifts of Tokyo Mayor Yukio Ozaki to DC in 1912. Running from March 18 to April 16, this festival is a celebration of friendship between these two nations.

Coinciding this month-long celebration, here are the other big events happening in the US capitol this Spring 2023:

● Japanese Street Festival – Japanese culture takes center stage in this 24-hour, 2-day street festivity. Expect a lot of Japanese cultural performances as authentic food, beverages, and handicrafts from the Land of the Rising Sun overflow 3rd to 7th streets NW on Pennsylvania Avenue. This event will take place on April 15 to 16.

● FilmFest DC – Watching movies at theaters is a communal experience. And this year, Washington’s biggest and long-enduring film festival returns after a hiatus due to the pandemic! See the best of world cinema to come to DC on April 19 to 30. This film festival will feature 65 films from 30 countries over the course of its 12-day run.

Profitable Airbnb Areas in Washington DC

We have learned the potential earnings of an investment property in Washington DC. The best thing about the National Cherry Blossom Festival is attracting hundreds of thousands of tourists every year and being enjoyed anywhere in the DC Area.

Aibtics Dashboard gives us the top 3 areas for an Airbnb Investment in DC.

1. Georgetown

Georgetown is the top DC neighborhood for an Airbnb investment. In fact, the 79% occupancy rate for a 2-bedroom property in the area is higher than the average occupancy rate of the entire DC. This type of property gives a steady annual income of $72,755. In connection with the DC events happening in April, Airbtics Dashboard confirms that this is its peak month – when hosts can expect more than 10% of the annual revenue in just a single month.

2. Capitol Hill

It’s not surprising to see Arbtics Discovery Tool includes the Capitol Hill area as one of the top places in DC for Airbnb. But the value the tool adds is getting the average occupancy rate of a one-bedroom apartment in the area. Furthermore, an Airbnb host owning this type of real estate can earn around $54,436 yearly. Notice that while March is not the area’s peak season, the monthly revenue is only beginning to rise.

3. Capitol Riverfront

The third best place for an Airbnb investment has 61 Airbnb listings with an average occupancy rate of 54%. While the trend is also projecting upward, monthly revenue can nosedive starting from the month of July. Still, hosts can expect an annual revenue $41,835.

Is Airbnb legal in Washington DC?

Yea, Airbnb is certainly legal in Washington DC! Hosts planning to have an investment property in Washington DC should first apply for a Short-Term or Vacation Rental License to kick off their Airbnb.

In a short-term rental, the host should also be on the same property, which has a spare bedroom for their Airbnb guests. Only the presence of the host differentiates a short-term rental from a vacation rental, as defined by the local government of the District of Columbia.

Conclusion

In this article, we have learned about the best Airbnb neighborhoods in Washington DC. Not only that, we have learned how short-term rental data analytics can guide us in making the best investment decisions that would lead us to the most favorable financial outcomes.

Just like in politics, be strategic in your real estate investment. Start with this free Airbnb profit estimator to see where you’re at in your real estate game!

Explore The Most Profitable Airbnb Locations in Washington DC

Tags Airbnb Occupancy, lat_38.8950368, lng_-77.0365427

Airbnb Investment All About Airbnb

Airbnb Property Investment UK: A Guide for Beginners in 2023

Post author By Robyn Peña
Post date March 24, 2023

Home > Resources > Airbnb Investment >

Airbnb Property Investment UK: A Guide for Beginners in 2023

Discover expert tips for Airbnb property investment in the UK for beginners, profitability, upcoming events, and more!

September 21, 2023

Key Takeaways

Airbnb hosts in the UK have smoothly earned their passive income which helped them to cover mortgage payments and inflation among others. Airbnb confirmed that a typical host in the UK earned more than £3,500 during the summertime of 2022 alone.
Kick-start your Airbnb property investment with this complete guide for beginners, particularly written for those who are based in the UK. The top 6 upcoming events in the UK that Airbnb hosts should take note of, particularly in London, Glasgow, and Scotland, are highlighted in this article.
Discover the profitability of your preferred property type with an Airbnb calculator and find the best Airbnb areas with high demand in the United Kingdom.

Introduction

Investing in a property for Airbnb is a risk that the majority of hosts take to generate additional income. Particularly in the United Kingdom, where Airbnb recently reported hosts who operate private rooms have earned over £170 million in 2022.

Sounds like a sweet deal, right? And who would say no to a generous passive income?

But the question is, how can beginners start a property investment in the UK?

In this article, we’ll feature a step-by-step process of Airbnb property investment in the UK, expert tips, upcoming events, and more. Stoked to learn more? Continue reading!

Is Airbnb Profitable in the UK?

Airbtics’ data confirms that Airbnb is profitable in the UK. An average host can expect to earn a monthly revenue of £2,446 with an average Airbnb occupancy rate of 55% in the UK. However, it’s good to note that the level of profitability depends on the following factors:

1. Location

Evaluating the location is extremely important to consider as it will reflect on your property’s return. Generally, it’s ideal to invest in a property that’s near your primary residence or office so that it can be managed well.

Apart from this, you should also consider whether the location is accessible to nearby tourist attractions, dining, or public transportation. Finding the best neighborhood for Airbnb property investment is the first step that you need to take. After all, this is a crucial step as it will affect your decision-making in the long run!

2. Market Saturation

A saturated market refers to the existing Airbnb listings in your preferred area. As a rule of thumb, it’s ideal to look into a market that’s not oversaturated. This is because oversaturated markets tend to have tight competition. And unfortunately, this may force you to lower your prices to get more bookings.

As a beginner in the Airbnb industry, it’s highly recommended to look into the saturation of your target market to identify long-term profitability.

3. Property Type

Looking into the existing property types that are in demand in your area will help you cater to various Airbnb guests. For instance, if the property is located within the city centre where there are more business professionals than families, it might not be ideal to invest in 4-5 bedroom properties. Instead, you may opt for a studio-type or a 1-bedroom apartment.

4. Seasonality

The seasons and events in your target area are important to anticipate more bookings! This is where you can adjust your prices as the demand for accommodation increases.

Property investors are usually looking into markets with low seasonality. Take note that low seasonality does not mean that the area is not profitable! An area with low seasonality may have year-round bookings and, therefore, has a steady revenue.

5. Potential Profitability

Getting a grasp of your profitability before investing in a property will help you set your expectations. While there are several Airbnb host expenses to prepare for, it’s equally important to gauge potential profitability as well. So you can begin exploring the most profitable Airbnb locations UK in 2023!

Short-term rental analytics providers make this process easier for property investors. Making wise investment decisions should be a part of your initial planning to achieve success!

What are the Upcoming Events in the UK?

The major events in the UK highly contribute to Airbnb bookings within the area. This is where Airbnb hosts are excited the most as they can earn more by increasing their charge per night!
Here are some of the upcoming events in the UK that Airbnb hosts should take note of:

1. Glasgow International Comedy Festival

The Glasgow Comedy Festival has been celebrated for 2 straight decades now. This year, there will be 380 shows in 37 different venues, celebrated in 19 days from March 15th to April 2nd, 2023.

Airbtics’ data shows that the median revenue in Glasgow City last March 2022 was £1,854. An Airbnb host in Glasgow can expect to earn the highest revenue in July and the lowest in January.

2. Scotland vs Italy Rugby World Cup

The players for the final day of the Six Nations Championship in 2023 are Scotland vs Italy. This Rugby Tournament will be held on March 18th at Murrayfield Stadium, Edinburgh. This event is most awaited by rugby fans as their last match was way back in 1996.

Airbtics confirm that an average host in Edinburgh can expect an annual revenue of £38,565 for a 1-bedroom apartment/condo alone. Its seasonality is at 43%, where an Airbnb host can expect the highest revenue in the month of August.

3. Gemini Oxford and Cambridge Boat Race London

Known as one of the most iconic British events, The Oxford vs Cambridge Boat Race attracts thousands of spectators annually. This event will feature both men’s and women’s races which will be held on March 26th, 2023.

Recent data from Airbtics shows that there are currently 300 Airbnb listings along Thames Riverbanks near Putney Bridge. An Airbnb host in Glasgow can expect to earn the highest revenue in July and the lowest in February.

Where to Start Airbnb Investment in the United Kingdom?

Now that you have a brief overview of property investment in the UK, let’s discover the most recommended Airbnb areas with high demand:

1. York

Airbnb occupancy rate: 62%
Average daily rate: £128
Airbnb annual revenue: £28,484
Best property size: 4 bedrooms
Existing Airbnb listings: 1,110 listings

2. Liverpool

Airbnb occupancy rate: 54%
Average daily rate: £111
Airbnb annual revenue: £22,416
Best property size: 2 bedrooms
Existing Airbnb listings: 1,499 listings

3. Belfast

Airbnb occupancy rate: 77%
Average daily rate: £101
Airbnb annual revenue: £26,682
Best property size: 2 bedrooms
Existing Airbnb listings: 764 listings

4. Plymouth

Airbnb occupancy rate: 58%
Average daily rate: £88
Airbnb annual revenue: £16,762
Best property size: 4 bedrooms
Existing Airbnb listings: 548 listings

5. Manchester

Airbnb occupancy rate: 69%
Average daily rate: £95
Airbnb annual revenue: £20,855
Best property size: 1 bedroom
Existing Airbnb listings: 950 listings

Takeaway

Property investment for beginners in the UK shouldn’t be a complex task in the digital era. In fact, the best location to buy property in London can be discovered in one click!

Airbnb data shows that property investment in the UK can truly help hosts to achieve financial freedom. In fact, with or without the major events occurring annually, hosts can still expect to earn a steady revenue.

If you’re looking to invest in a property in the UK, using an Airbnb income calculator will help you make data-based decisions. Don’t make the wrong investment decisions based on guesses, try Airbtics now and stand out among your competitors!

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Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

Cheapest West Virginia Property Investment Markets Below $200K

Post author By Ramon Meris
Post date March 24, 2023

Cheapest West Virginia Property Investment Markets Below $200K: Look no more for the cheapest rental properties! These are the 5 most affordable West Virginia property investment markets with their GRY.

Home > Resources > Airbnb Investment >

Cheapest West Virginia Property Investment Markets Below $200K

Look no more for the cheapest rental properties! These are the 5 most affordable West Virginia property investment markets with their GRY.

August 17, 2023

Key Takeaways

West Virginia is an untapped real estate market that offers investment opportunities to seasoned and up-and-coming real estate investors.
This article lists the 5 most affordable West Virginia rental markets with corresponding gross rental yields to jumpstart your income-generating rental property business.

West Virginia is known for its picturesque mountain landscape, but many people do not know that it’s also an affordable real estate market. The state has very competitive housing prices, which can be tapped into a profitable short-term rental market for seasoned and budding Airbnb investors.

In this article, we will take the country road to financial freedom and find the hidden income-generating gems of almost heaven, West Virginia!

Is West Virginia good for real estate?

West Virginia is good for real estate due to its low cost of living. This only makes owning a house a realistic goal. The state also imposes a very competitive property tax with a median of only $785 a year. Aside from the real estate aspect, here are a few metrics that are worth mentioning:

Recovering economy – The economy of West Virginia continues to grow without any disruption. In fact, the state economy is on its way to full recovery from the impact of the COVID-19 pandemic. The economic outlook for the next 5 years is moderately positive. However, it may be prone to the effects of high inflation and interest rates.
High tourism spending – Tourists in West Virginia spent more than $4.9 billion in 2021. This was higher than 3.8% compared to the pre-pandemic level. It was also reported that accommodation spending was totaling $723 million and rose 44.1%. Visitors who stayed in short-term rentals spent $176 million, a 15.6% increase from the previous year.

Source: Airbtics Dashboard

While you can already see the aggregate data of an Airbnb city, the figures will also update when you use the advanced filters! The lead will not only be about location. You will know that you can maximize your revenue if you get the right property type and the best number of bedrooms in each of your target cities!

Where are the cheapest real estate markets in West Virginia?

Property prices in West Virginia are among the lowest in the United States. Keeping this in mind, finding a profitable real estate market in the state may seem like looking for a needle in a haystack.

However, we used the Airbtics Custom Market to dig deep into seemingly unprofitable markets.

This powerful feature can better inform our next real estate investment moves. The following markets are not only cheap, but they also have high gross rental yields:


Location	Number of Airbnb Listings	Median Property Price	Number of Bedrooms You Can Get	Airbnb Annual Revenue	GRY
Huntington	23	$85,000	2 Bedrooms	$50,815	59.78%
Fayetteville	35	$129,000	3 Bedrooms	$42,964	33.41%
Charleston	37	$190,000	3 Bedrooms	$38,495	20.26%
Oak Hill	23	$69,000	2 Bedrooms	$13,822	20.03%
Morgantown	25	$42,500	2 Bedrooms	$13,542	31.86%

Airbnb Location

Airbnb Dataset

Huntington

Total Number of Airbnb Listings: 23
Median Property Price: $85,000
Number of Bedrooms You Can Get: 2 bedrooms
Airbnb Annual revenue: $50,815
Gross Rental Yield: 59.78%

Fayetteville

Total Number of Airbnb Listings: 35
Median Property Price: $129,000
Number of Bedrooms You Can Get: 3 bedrooms
Airbnb Annual revenue: $42,964
Gross Rental Yield: 33.31%

Charleston

Total Number of Airbnb Listings: 37
Median Property Price: $190,000
Number of Bedrooms You Can Get: 3 bedrooms
Airbnb Annual revenue: $38,495
Gross Rental Yield: 20.26%

Oak Hill

Total Number of Airbnb Listings: 23
Median Property Price: $69,000
Number of Bedrooms You Can Get: 2 bedrooms
Airbnb Annual revenue: $13,822
Gross Rental Yield: 20.03%

Morgantown

Total Number of Airbnb Listings: 25
Median Property Price: $42,500
Number of Bedrooms You Can Get: 2 bedrooms
Airbnb Annual revenue: $13,542
Gross Rental Yield: 31.86%

Source: Airbtics Dashboard

Airbnb Investors should obtain a business registration certificate for each of their investment property in West Virginia. The city government may also impose applicable taxes, on top of the 6% sales and uses tax imposed by the State of West Virginia.

Affordable Yet Smart Rental Properties

Owning a rental property is a huge milestone for people who wish to get serious in their real estate investments. In this article, we have learned that the West Virginia market is not only cheap but also profitable.

Having a rental property is already an achievement in itself, but success can be sustained by using short-term rental analytics. To prove a point, Airbtics Dashboard opened our eyes to Airbnb profit possibilities in West Virginia. This powerful tool has helped a lot of real estate investors reach sound investment decisions. Yet, we still encourage investors to continue their research and analyze other profitable Airbnb cities in the US!

You can give Airbtics a try by checking out this free Airbnb Calculator!

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

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Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

Where to Start Airbnb Investment in Australia: Best Cities for Property Investment 2023

Post author By Robyn Peña
Post date March 24, 2023

Discover the top 20 Airbnb markets in Australia for property investment, occupancy rates, annual revenue, and more!

Home > Resources > Airbnb Investment >

Where to Start Airbnb Investment in Australia: Best Cities for Property Investment 2023

Discover the top 20 Airbnb markets in Australia for property investment, occupancy rates, annual revenue, and more!

September 4, 2023

Key Takeaways

The housing crisis in Australia has recently fallen to the lowest vacancy rate on record. Properties in the rental market are mostly occupied by short-term rental platforms like Airbnb.
Numerous upcoming events in Australia attract more Airbnb guests which generates a revenue of thousands of dollars. Discover the most recommended areas for property investment this 2023 in major cities such as Canberra, Newcastle, Perth, and Melbourne.
Learn about the major events in Australia and which areas make it ideal for Airbnb investment based on accurate Airbnb data.

Introduction

The Airbnb business in Australia is currently in an upward trend and there’s no denying it. Several hosts have joined the community to cope with inflation, and even received Airbnb host awards for hosting excellently!

However, the rental crisis in Australia is said to be related to the rising of short-term rental properties. This has allegedly made it difficult for families to find residential homes.

But from a property investor’s perspective, it’s one of the best times to generate more income by catering to both long-term and short-term rentals. So it leads us to the question – which city is the best for property investment in Australia?

Continue reading as we feature the best Airbnb cities in Australia such as Perth, Canberra, Newcastle, Brisbane, Darwin, and Melbourne for property investment. Bonus: We highlighted the upcoming major events and identified if it’s ideal for property investors.

Is Owning an Airbnb profitable in Australia?

Yes, owning an Airbnb is certainly profitable in Australia! But how much can an Airbnb host make in Australia? According to Airbtics’ data, an Airbnb host in the country can expect a 53% occupancy rate and earn an average monthly revenue of A$5,240.

This varies on many factors such as location, property type, and amenities among others. Rental arbitrage is also an excellent option for those who don’t have the resources to buy an Airbnb property right away.

How do you determine your potential profitability? It’s highly recommended to use an Airbnb profit calculator to accurately identify this. Aside from that, you will also discover emerging markets and learn about the top 10 most profitable Airbnb cities in Australia.

What are the Upcoming Events in Australia?

Australia is not only known for its economic stability but also for its major international events. These events explain why there are fully booked Airbnbs, and of course, the increasing annual revenue for hosts.

Check out some of the upcoming events that property investors and Airbnb hosts should take note of:

1. Canberra City Illuminations Balloon Festival

Canberra celebrates this balloon spectacular festival annually to kick off the Enlighten Festival. The event starts on the 11th of March until the 19th when most tourists and locals alike enjoy the floating balloons. Property investment in Canberra is ideal as one can expect to cater to more tourists for the entire duration of this festival.

According to Airbtics’ data, an average host nearby Patrick White Lawns can expect an annual revenue of A$65,149 for a 1-bedroom apartment/condo alone.

It was also discovered that the highest revenue within the area last 2022 was in April. A market’s seasonality is important to expect revenue shifts in the Airbnb business. Low seasonality such as 38% does not also mean that investing in that area is not profitable because it still gets year-round bookings.

2. Melbourne International Comedy Festival

Nothing beats entertainment comedy, especially when they feature both local and international performances. Known as the second-largest international comedy festival, this event is sure to generate profit for Airbnb hosts!

The comedy festival will start from March 20th until April 23rd, 2023. We’ve taken a close look at the Airbnb data near Swanston Street where The Melbourne International Comedy Festival will take place.

Airbtics confirm that an average host nearby Swanston Street can expect an annual revenue of A$60,915 for a 1-bedroom apartment/condo alone. Its seasonality is at 28%, where an Airbnb host can expect the highest revenue in the month of April.

3. Victoria Australian Grand Prix

One of the most exciting world-class sporting events, The Formula 1 Australian Grand Prix is celebrated from March 30th until April 2nd. Aside from the race itself, various tourists around the globe are also keen to visit here due to the Albert Park.

An Airbnb host nearby the event place, Australian Grand Prix, can expect to earn a nightly rate of A$197 for a 2-bedroom apartment/condo. Airbtics’ data also shows a high Airbnb occupancy rate of 83%, with the highest revenue earned during December.

4. World Surf League

Property investors who are looking to invest in this area can enjoy the stunning views of Bells Beach and major competitors such as Rip Curl Pro Bells Beach.

Known as the longest-running event on the World Surf League’s championship, this event in Bells Beach is expected to attract both tourists and locals annually. It will be celebrated from April 4th-14th, 2023.

According to Airbtics’ data, an average host nearby Bells Beach Road can expect a daily revenue of A$273 for a 2-bedroom apartment/condo alone. The highest revenue can also be expected during the month of April.

5. Parrtijima Light Festival

Looking for a festival that has a jam-packed program? Parrtijima Light Festival is not only about light installations, but also features various films, artworks, and interactive workshops among others.

This annual celebration will be held in Alice Springs from April 7th – 16th, 2023. While there’s no denying about the tourist’s arrival for this event, property investors may still have doubts. What is it like to invest in Alice Springs without such events?

Airbtics confirms that Airbnb’s investment in this area is indeed profitable. However, the seasonality rate is high (82%) – which means that year-round bookings are less likely to happen in the area. In comparison to other festivals featured above, Alice Springs may not be an ideal Airbnb property investment.

Where to Buy Investment Properties in Australia?

There are several Airbnb host expenses to consider, but the most crucial parts are to analyze the Airbnb data in Australia as well as decide the property’s location. While there are plenty of available properties in Australia, not all of them can guarantee a good return.

So it leads you to the final question, where can you invest in an Airbnb property in Australia? Discover the best places for Airbnb investment in Australia:

Where to Buy Investment Properties in Australia?

There are several Airbnb host expenses to consider, but the most crucial part is deciding the property’s location. While there are plenty of available properties in Australia, not all of them can guarantee a good return.

So it leads you to the final question, where can you invest in an Airbnb property in Australia? Discover the best places for Airbnb investment in Australia:

1. Brisbane, Queensland

Airbnb occupancy rate: 97%
Average daily rate: A$181
Airbnb annual revenue: A$69,965
Best property size: 1 bedroom
Existing Airbnb listings: 271 listings

2. Perth, Western Australia

Airbnb occupancy rate: 93%
Average daily rate: A$138
Airbnb annual revenue: A$50,771
Best property size: 1 bedroom
Existing Airbnb listings: 2,793 listings

3. Newcastle, New South Wales

Airbnb occupancy rate: 62%
Average daily rate: A$257
Airbnb annual revenue: A$54,312
Best property size: 1 bedroom
Existing Airbnb listings: 732 listings

4. Darwin, Northern Territory

Airbnb occupancy rate: 69%
Average daily rate: A$229
Airbnb annual revenue: A$69,093
Best property size: 2 bedrooms
Existing Airbnb listings: 578 listings

5. Melbourne, Victoria

Airbnb occupancy rate: 80%
Average daily rate: A$162
Airbnb annual revenue: A$48,394
Best property size: 1 bedroom
Existing Airbnb listings: 3,196 listings

Summary

Airbnb investment in Australia offers promising revenue for Airbnb hosts. The other good news is that property investors can start buying their first investment property in Australia with confidence using an Airbnb profit calculator.

Several annual events occurring across the country not only attract more tourists but provide financial stability to hosts.

Now that you have a clear overview of the best city to invest in property, take the next step by comparing Airbnb data in other cities. If you’re looking to invest in a property in Australia, using an Airbnb analytics tool will help you make data-based decisions. This is one of the best property investment strategies!

Wondering where to invest in Australia with the highest rental yield? With one click, you can easily discover this. Don’t make the wrong investment decisions based on guesses, try Airbtics now and stand out among your competitors!

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Airbnb Investment All About Airbnb

12 Best Short Term Rental Markets In Florida Under 200K

Post author By Ramon Meris
Post date March 24, 2023

12 Best Short Term Rental Markets In Florida Under 200K: Where are the 12 best short term rental rental markets in Florida with under 200K investment? Make sure to read this article before investing in Florida!

Home > Resources > Airbnb Investment >

12 Best Short Term Rental Markets In Florida Under 200K

Where are the 12 best short term rental rental markets in Florida with under 200K investment? Make sure to read this article before investing in Florida!

August 21, 2023

Key Takeaways

Florida has one of the strongest economies in the US. This makes a lot of investors think that they would need to spend a fortune just to break into the rental property market. In fact, buying a profitable investment property in Florida is a realistic goal.
Backed by short-term rental data analytics, this article lists 12 best short term rental markets in Florida that you can enter under 200K.

Introduction:

If you’re a real estate investor, you might be thinking that it’s hard to break into the property investment market in Florida. After all, the Sunshine State is the fourth best-performing economy in the US. Well, this article will bust this myth and even lend a ray of sunlight for you to find the cheapest rental property markets in Florida!

Is it worth buying a rental property in Florida?

Definitely! With an average occupancy rate of 56%, one-bedroom rental properties in Jacksonville can bring in an annual revenue of $39,303. This is because Florida is a magnet for tourists from all over the world due to the numerous activities that can be enjoyed in the state. In fact, 137.6 million visitors came to Florida in 2022 alone. This figure breaks the record of having this large number of visitors in a single year.

Other economic indicators like employment can entice you further to invest in Florida. The state has a 2.6% unemployment rate, which is lower than the national average of 3.6%. Its job market is fueled by a robust civilian workforce in the sectors of agriculture, construction, manufacturing, and financial service, among others. While these figures are already favorable, job creation is still expected to see growth in the coming years.

Source: Airbtics Dashboard

12 Best Short Term Rental Markets in Florida under 200K

Using the gross rental yield as a guide when looking for investment properties in Florida can assure your profitability. The gross rental yield is the annual rental collection from a property divided by the total property cost multiplied by 100.

By using the high-powered Airbtics Dashboard, here are the best Airbnb markets in Florida with the highest gross rental yields which you can enter with just below 200K capital:


Location	Number of Airbnb Listings	Average Property Price	Number of Bedrooms You Can Get	Airbnb Annual Revenue	GRY
Temple Terrace	77	$156,000	1 Bedroom	$47,813	30.65%
Clearwater	1,365	$199,000	1 Bedroom	$33,727	16.95%
Palm Bay	122	$175,000	2 Bedrooms	$31,688	18.11%
Vero Beach	93	$145,000	1 Bedroom	$23,755	16.38%
Jacksonville	5,708	$198,374	1 Bedroom	$22,470	11.33%
Gainesville	278	$200,353	2 Bedrooms	$17,788	8.88%
Daytona Beach	1,074	$174,350	Studio Unit	$17,606	10.10%
Largo	288	$176,750	1 Bedroom	$17,079	9.66%
Deerfield Beach	303	$141,900	1 Bedroom	$16,724	11.79%
Tallahassee	282	$139,900	1 Bedroom	$16,690	11.93%
Cape Coral	2,950	$167,499	1 Bedroom	$12,575	7.51%
Orlando	742	$180,250	1 Bedroom	$11,785	6.54%

Airbnb Location

Airbnb Dataset

Temple Terrace

Airbnb listings: 74
Average Property price: $156,000
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $47,813
Gross rental yield: 30.65%

Clearwater

Airbnb listings: 1,375
Average Property price: $199,000
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $33,727
Gross rental yield: 16.95%

Palm Bay

Airbnb listings: 122
Average Property price: $175,000
Number of Bedrooms You Can Get: 2 bedrooms
Airbnb annual revenue: $31,688
Gross rental yield: 18.11%

Vero Beach

Airbnb listings: 93
Average Property price: $145,000
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $23,755
Gross rental yield: 16.38%

Jacksonville

Airbnb listings: 5,708
Average Property price: $198,374
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $22,470
Gross rental yield: 11.33%

Gainesville

Airbnb listings: 278
Average Property price: $200,353
Number of Bedrooms You Can Get: 2 bedrooms
Airbnb annual revenue: $17,788
Gross rental yield: 8.88%

Daytona Beach

Airbnb listings: 1,704
Average Property price: $174,350
Number of Bedrooms You Can Get: Studio Unit
Airbnb annual revenue: $17,606
Gross rental yield: 10.10%

Largo

Airbnb listings: 288
Average Property price: $176,750
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $17,079
Gross rental yield: 9.66%

Deerfield Beach

Airbnb listings: 303
Average Property price: $141,900
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $16,724
Gross rental yield: 11.79%

Tallahassee

Airbnb listings: 282
Average Property price: $139,900
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $16,690
Gross rental yield: 11.93%

Cape Coral

Airbnb listings: 2,950
Average Property price: $167,499
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $12,575
Gross rental yield: 7.51%

Orlando

Airbnb listings: 742
Average Property price: $180,250
Number of Bedrooms You Can Get: 1 bedroom
Airbnb annual revenue: $11,785
Gross rental yield: 6.54%

Source: Airbtics Dashboard

Looking for a profitable Airbnb City is so easy by using the Airbtics Dashboard. Typing in your target city is the first step toward your data-backed Airbnb property search.

While you can already see the aggregate data of an Airbnb city, the figures will also update when you use the advanced filters! The lead will not only be about location. You will also see the profitability of each property size. While you may not get the best number of bedrooms in your target city because of your budget limit, Airbtics Dashboard allows you to get the most out of your 200K initial investment!

Airbtics Sample Market

Conclusion

Florida is a profitable real estate market with high rental yields. Imagine that your dream of owning an Airbnb property is within reach with less than an initial capital of less than $200K. All this will become realistic once you use Airbtics as your guide.

It will help you look for markets that boast rental yields to make you get closer to financial independence. Investors can always aim higher in the long run. They can look further into the best places to own an Airbnb in Florida beyond the $200K mark.

Check out this free Airbnb Calculator if you are optimizing profit from your property investments!

Explore The Most Profitable Airbnb Locations in Florida

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Airbnb Occupancy All About Airbnb

Chicago Airbnb Occupancy Rate and Best Neighborhoods to Invest

Post author By Ramon Meris
Post date March 24, 2023

Chicago Airbnb Occupancy Rate

Key Takeaways

♦ Chicago is among the major US cities, making it a profitable market in any field, including short-term rentals. In fact, a two-bedroom Chicago investment property can earn an average annual income of $45,221.

♦ Get insider Chicago real estate investing leads with the help of short-term rental data analytics. This article will provide insights into the average Chicago Airbnb occupancy rate as well as the peak season in its investment property market.

Introduction:

Chicago is home to major global companies. This fact alone already makes it an ideal place for any type of investment. But let’s talk about the viability of the Chicago property market. What are the key indicators that need to be discussed? And how can hosts and investors benefit from short-term rental data analytics?

In this article, we will find out the local Airbnb occupancy rate throughout the year and when can Chicago real estate investors expect a spike in occupancy and revenue. This answers the question of whether or not Chicago is a profitable short-term rental market.

Is Chicago good for rental investment?

Chicago is indeed a good place for a rental investment like an Airbnb. It is among the top destinations of millions of tourists from around the world. In fact, the numbers also confirm Airbnb’s profitability in the city. According to Airbtics, the 2,596 local Airbnb listings have an average occupancy rate of 69%. With this, hosts can expect around $36,598 in annual revenue.

Is Chicago a good place to start an Airbnb?

You do not have to spend a fortune to gain a bigger one in Chicago real estate. In fact, you can try out the local Airbnb market without actually buying a property investment via rental arbitrage. Of course, you still need some preparation in order to make money. And once you’ve learned the ins and outs of rental arbitrage in Chicago, it is best to know the upcoming events that guarantee high occupancy rates:

1. Shamrock Shuffle

When: March 26, 2023
Where: Chicago’s Loop
Last year’s participants: 32,000

2. Chicago Comic & Entertainment Expo

When: March 31 – April 2, 2023
Where: McCormick
Last year’s participants: 90,000

3. Chicago Blues Festival

When: June 8 – 11, 2023
Where: Millennium Park
Last year’s participants: 500,000

4. Chicago Annual Pride Fest

When: June 17 – 18, 2023
Where: Waveland Avenue
Last year’s participants: 1M+

5. Lollapalooza

When: August 3 -6, 2023
Where: Grant Park
Last year’s participants: 1M+

These events drove the occupancy rate of Airbnb properties in Chicago last year, and even Airbnb confirms this. By using the Airbtics Dashboard, we can see that the 70% median occupancy rate in March peaked at 100% in July. At its peak, the average revenue was $4,781.

What are the best neighborhoods in Chicago for Airbnb?

Using Airbtics’ Custom Market feature, we can zoom into an Airbnb market and study its key metrics. In Chicago Airbnb neighborhoods, the following areas are the best places for a short-term rental investment:

1. Lincoln Park

Existing Airbnb listings: 235
Average daily rate: $205
Airbnb occupancy rate: 71%
Airbnb annual revenue: $56,980
Best property size: 2 bedrooms
- Occupancy rate: 75%
- Annual revenue: $69,908

2. Wicker Park

Existing Airbnb listings: 153
Average daily rate: $194
Airbnb occupancy rate: 69%
Airbnb annual revenue: $52,446
Best property size: 2 bedrooms
- Annual revenue: $54,007
- Occupancy rate: 79%

3. Logan Square

Existing Airbnb listings: 292
Average daily rate: $135
Airbnb occupancy rate: 74%
Airbnb annual revenue: $41,131
Best property size: 2 bedrooms
Annual revenue: $44,880
Occupancy rate: 77%

Conclusion:

It is a no-brainer that investing in real estate in Chicago is indeed a wise decision. The city is a profitable Airbnb market all year round because of the tourists who come in and need accommodation. While tourism is already strong in Chicago, hosts can expect higher profits beginning in March due to the world-renowned spring events in the city.

In this article, we have learned the key metrics that can inform hosts and investors as they navigate the local property market. All this is possible with the help of short-term rental data analytics. With this, we are able to find out the average occupancy rate, annual revenue, and the best property size that gives the optimal profit.

Now that you know the benefits of using short-term rental data, try this Airbnb profit calculator for free and maximize your revenue potential.

Explore The Most Profitable Airbnb Locations in Chicago and Nearby Cities

Tags Airbnb Occupancy, lat_41.8755616, lng_-87.6244212

Airbnb Investment All About Airbnb

Guaranteed Profitability: Best Airbnb Properties in the UK under £100K

Post author By Robyn Peña
Post date March 24, 2023

Property under 100k UK

Key Takeaways

As the cost of living increases in the UK, Brits are taking advantage of sharing their homes on Airbnb to earn a passive income. Airbnb declares in a report from last year that more hosts have joined the community since there was also an increase in energy bills.
Discover affordable Airbnb properties in the UK below £100,000 and make the wisest investment decisions based on accurate Airbnb data! This includes the potential profitability, seasonality, valuation of properties, and more.

Introduction

It’s no surprise that more property investors are keen to invest in the UK. Because who wouldn’t want to earn more money and achieve financial independence?

UK offers a variety of exciting tourist attractions, festivals, and most importantly – profitable investment opportunities.

Whether it’s your lifetime dream to own a property in the UK or earn an additional side income, you can combine both through Airbnb investment. To make things even better, did you know that you can buy a house in the UK for less than 100k pounds? Yes, you can!

In this article, we’ll feature cheap and affordable property investments under £100k in the UK. For a more accurate comparison, we backed them up with Airbnb data. Continue reading to learn more!

Where is Airbnb most profitable in the UK?

Generally, Airbnb is most profitable in locations that are in demand with less saturated markets. Check out the major cities in the UK that can bring the most profit according to Airbtics’ data:

1. London, England

Airbnb annual revenue: £65,604
Average property price: £523,666
Gross rental yield: 12.52%
Airbnb occupancy rate: 88%
Average daily rate: £241 (1-bedroom apartment/condo)

2. Edinburgh, Scotland

Airbnb annual revenue: £38,566
Average property price: £331,705
Gross rental yield: 11.62%
Airbnb occupancy rate: 94%
Average daily rate: £111 (1-bedroom apartment/condo)

3. Belfast, Northern Ireland

Airbnb annual revenue: £33,782
Average property price: £293,992
Gross rental yield: 11.49%
Airbnb occupancy rate: 76%
Average daily rate: £126 (2-bedroom apartment/condo)

4- Cardiff, Wales

Airbnb annual revenue: £30,569
Average property price: £261,999
Gross rental yield: 11.66%
Airbnb occupancy rate: 50%
Average daily rate: £160 (2-bedroom apartment/condo)

While the Airbnb data is limited to major cities, there are certainly other profitable Airbnb boroughs in the UK.

An Airbnb host can expect a solid occupancy rate of 55% and a monthly revenue of £2,442 in the UK. And this revenue is just for operating a 1-bedroom apartment/condo, so you can expect more if you own more than 1 property that can cater to more guests.

What is a Good Occupancy Rate for Airbnb in the UK?

Ideally, a good occupancy rate should be at least 50% or higher but it should also generate a solid return. For instance, Airbnb occupancy rates in London are the highest in September as seen on Airbtics’ data.

However, high occupancy rates are not the only metrics that should be looked into when investing in a market. You should also look into the average daily rates, gross rental yield, and average length of stay among others.

Where is the best place to invest in Airbnb UK?

There are several Airbnb host expenses to consider, but the most crucial part is deciding the property’s location. So it leads you to the final question, where can you invest in an Airbnb property? We found a few undervalued investment properties for sale in the UK!

Discover the most recommended neighborhoods for buying an Airbnb property under 100k in the UK:

1. Farnham

One of the cheap property prices in England is in Farnham. With only £68,750, you can purchase a 1-bedroom flat and operate an Airbnb following the Airbnb rules in England.

Property price of 1-bedroom flat as seen on Zoopla: £68,750 (£139/sq.ft)
Gross rental yield: 28%
Airbnb occupancy rate: 68%
Average daily rate: £84
Airbnb annual revenue: £19,681
Existing Airbnb listings: 46 listings

2. Bishop, Auckland

Property price of 3-bedroom flat as seen on Property Price Advice: £97,500
Gross rental yield: 23%
Airbnb occupancy rate: 67%
Average daily rate: £93
Airbnb annual revenue: £22,691
Existing Airbnb listings: 7 listings

3. Bradford

Property price of 1-bedroom flat as seen on Zoopla: £93,950
Gross rental yield: 18%
Airbnb occupancy rate: 47%
Average daily rate: £108
Airbnb annual revenue: £17,737
Existing Airbnb listings: 158 listings

4. Anfield

Property price of a 3-bedroom property as seen on Property Price Advice: £69,950
Gross rental yield: 51%
Airbnb occupancy rate: 42%
Average daily rate: £216
Airbnb annual revenue: £36,156
Existing Airbnb listings: 69 listings

5. Birkenhead

Property price of a 3-bedroom property as seen on Property Price Advice: £99,950
Gross rental yield: 38%
Airbnb occupancy rate: 74%
Average daily rate: £133
Airbnb annual revenue: £38,197
Existing Airbnb listings: 182 listings

Takeaway

In general, Airbnb data shows that property investments in the UK can be profitable. The even greater news is that there are several other properties that are undervalued. Particularly in the UK, a property under 100k or even 50k can be difficult to find.

Now that you have a brief overview of where to invest, take the next step by comparing other UK cities’ Airbnb statistics. If you’re looking to invest in a property in other boroughs, using an Airbnb profit calculator will help you make data-based decisions.

Wondering which area in the UK has the highest rental yield? With one click, you can easily discover this. Don’t make the wrong investment decisions based on guesses, try Airbtics now and stand out among your competitors!

Tags Airbnb Investments, lat_55.9533456, lng_-3.1883749

Key Takeaways

Introduction

Pros of buying a rental property in Providence, RI

Growing economy

Reasonable housing prices

Great location

No shortage of leisure activities

Is Airbnb Profitable in Providence, RI?

Top Areas to Buy an Investment Property in Providence, Rhode Island

1. Federal Hill, Providence

2. Mount Hope, Providence

3. Downtown Providence, Providence

4. Olneyville, Providence

5. College Hill, Providence

6. Newport, RI

7. South Kingston, RI

8. Boston, MA

9. Cambridge, MA

10. Provincetown, MA

Takeaway

Explore The Most Profitable Airbnb Locations Near Providence

Key Takeaways

Introduction:

Is Airbnb profitable in Washington DC?

Spring 2023 Events in Washington DC

Profitable Airbnb Areas in Washington DC

1. Georgetown

2. Capitol Hill

3. Capitol Riverfront

Is Airbnb legal in Washington DC?

Conclusion

Explore The Most Profitable Airbnb Locations in Washington DC

Airbnb Property Investment UK: A Guide for Beginners in 2023

Airbnb Property Investment UK: A Guide for Beginners in 2023

Introduction

Is Airbnb Profitable in the UK?

1. Location

2. Market Saturation

3. Property Type

4. Seasonality

5. Potential Profitability

What are the Upcoming Events in the UK?

1. Glasgow International Comedy Festival

2. Scotland vs Italy Rugby World Cup

3. Gemini Oxford and Cambridge Boat Race London

Where to Start Airbnb Investment in the United Kingdom?

1. York

2. Liverpool

3. Belfast

4. Plymouth

5. Manchester

Takeaway

Quick Links

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Cheapest West Virginia Property Investment Markets Below $200K

Cheapest West Virginia Property Investment Markets Below $200K

Is West Virginia good for real estate?

Where are the cheapest real estate markets in West Virginia?

Affordable Yet Smart Rental Properties

Quick Links

Quick Links

Keep Reading

Where to Start Airbnb Investment in Australia: Best Cities for Property Investment 2023

Where to Start Airbnb Investment in Australia: Best Cities for Property Investment 2023

Introduction

Is Owning an Airbnb profitable in Australia?

What are the Upcoming Events in Australia?

1. Canberra City Illuminations Balloon Festival

2. Melbourne International Comedy Festival

3. Victoria Australian Grand Prix

4. World Surf League

5. Parrtijima Light Festival

Where to Buy Investment Properties in Australia?

Where to Buy Investment Properties in Australia?

1. Brisbane, Queensland

2. Perth, Western Australia

3. Newcastle, New South Wales

4. Darwin, Northern Territory

5. Melbourne, Victoria