I've thought about doing this from time to time. We have a horse farm and a "tiny home" type building out in the back, with a port-a-potty and views of horses and the sunrise could probably make a few thousand a month on AirBnB and pay for itself pretty quickly.
That's a relevant question. We're in Toronto, Canada, so the revenue is also in CAD and is net of expenses and AirBnB fees.
Even in USD, $2k/month has vastly different buying power depending on location. It doesn't go far in SF or NYC but would get you a lot more in rural locations or smaller cities.
$2k/month CAD in Toronto is decent but still a long way from "ramen profitable".
I've thought about doing this from time to time. We have a horse farm and a "tiny home" type building out in the back, with a port-a-potty and views of horses and the sunrise could probably make a few thousand a month on AirBnB and pay for itself pretty quickly.
But then we'd have to deal with people :-(
If in the US, major metro?
That's a relevant question. We're in Toronto, Canada, so the revenue is also in CAD and is net of expenses and AirBnB fees.
Even in USD, $2k/month has vastly different buying power depending on location. It doesn't go far in SF or NYC but would get you a lot more in rural locations or smaller cities.
$2k/month CAD in Toronto is decent but still a long way from "ramen profitable".