Lex Levinrad Real Estate Investor, Speaker, Author & Mentor

On today's podcast episode I talk about the opportunity in short term rentals and Airbnb. Over the past 2 years, some of my students have transitioned from rental properties and section 8 rentals to Airbnb. And the opportunity in short term rentals is something that you need to pay very close attention to. As an example, my student Andy had a Section 8 Rental Property in Miami that was generating around $2,200 per month. When the tenant moved out, he decided to turn the rental property into a short term Airbnb rental. That same property now generates north of $8,000 per month. Over the past 12 months he has been converting all of his rental properties to Airbnb. He is only 32 years old and he is already financially free. My student Davidson purchased a property on the West Coast of Florida in Lehigh Acres that he was originally intending on fixing and flipping. I encouraged him to explore the opportunity of keeping it as a short term rental. His listing just went live yesterday and in the first 24 hours he ha