Tomorrow, when I get paid by AirBnB my country home will be self supporting for the year.$$$
Here’s the deal... We live outside the US but a couple of years ago while on vacation in the States we fell in love with a home on the water surrounded by nature. So before reason could prevail we bought it with the hope of spending 4-5 months a year there. But then you start to add up the insurance, property taxes and utilities and you realize what an expensive luxury it is to own a vacation home you hardly use, so far from your primary residence. We also figured out that 4-5 months was really pushing it. We might make 3 months at best.
So we decided while fixing it up and decorating, to make it easy to manage from afar via smart devices etc and furnished it in a style that would appeal to most folks. Clean, comfortable, country chic with just a touch of shabby.
Well we rented it over a couple of months last summer but then used it in the fall ourselves. Rather assumed that would be it until the Spring but we then got 17 days over Christmas and New Years and a returning guest just took it for a few months over the winter. House has now brought in enough money to pay all the fixed costs for the year.
might have more guests before our return but don’t really care. I don’t know if it would ever be considered as making a profit When you factor investment but having a place to go where it isn’t a financial burden is amazing. Okay not a ”burden” as I knew I could afford it, but still .... getting reimbursed, if you will, is a great feeling. Also we really like our place and for the most part it gives us great jiy to hear how others love it too. Many who could only dream of such a place otherwise....