How will Air BnB Effect Real Estate? MM 080
678 views · Published 1 January 2018 · 4:06 · Indexed 19 October 2026
Channel: DeRosa Group · 2018 · Education
Hey Youtube, Today's question is "How will Air BnB effect the real state market?" Here's the thing, we all have our ideas about what might happen because of this thing or that thing. The reality is that no one has a crystal ball, so sometimes you just got to keep and eye on the situation and see how it plays out. Now as for Air BnB. One of the major areas that I notice it has the biggest impact on is niche hotels. Areas that receive a lot of vacation and tourist traffic. Especially in short term vacations, like going to Times Square for New Year's or going to the Super Bowl. Before in these types of situations you had no choice but to book a hotel, but now with Air BnB, it's easier than ever to connect and Renters and Property Owners. As for the housing market, Air BnB really only effects areas that are heavily traveled, like a New York City. Being in large destination markets is where most property owners will get the biggest bang for their buck. Unless you're in a large markets like these, you won't be too affected by Air BnB. The caveat is this, Air BnB, which is similar to Uber still has a way to go before all the regulations are laid out. Where will or won't it be allowed? Along with other questions similar in nature still have yet to be determined. As always, please email us any real estate questions to [email protected] and we will answer them on an upcoming episode! Learn more about The DeRosa Group at http://www.DeRosaGroup.com or on BiggerPockets.com - https://www.biggerpockets.com/renewsblog/author/mattfaircloth/ Matt & Liz, founders of DeRosa Group, were recently second-time guests on the BiggerPockets Podcast. Check it out: https://www.biggerpockets.com/renewsblog/bp-podcast-203-finding-deals-funding-contractors-mentors-matt-liz-faircloth/ Find us on Facebook https://www.facebook.com/thederosagroup/ Learn More about The DeRosa Group by Checking out our suggested videos: How I bought a 18 Unit apartment with NO MONEY out of Pocket https://www.youtube.com/watch?v=3dDRVGYI1wg&t=14s How I turned a Duplex into 20 units https://www.youtube.com/watch?v=JzhkWhyssaM&t=1s How to Remove a Bad Tenant (without having to evict) https://www.youtube.com/watch?v=FnGZQOebixY&t=1s Tips for Hosting a successful Open House https://youtu.be/8DBtD1OcjKQ Best ways to Collect Rent From Tenants https://www.youtube.com/watch?v=iOeTxzDjXWY&t=3s
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