Airbnb is a website and an application that mediates between landlords who are offering short term rentals and people looking for an affordable place the stay in a city or town they are travelling to.
Probably the most profitable way to make your ADU start creating money for you is by offering it on Airbnb. Once you’ve completed the construction of your ADU in your garage, the time has come to reap the benefits. However, generating income through Airbnb is completely realistic, simple and can be optimised.įrom our knowledge and experience of the Los Angeles rental landscape we highly recommend Airbnb for at least six months out of the year. Add to that the inherent anxiety about new technologies that many people feel. Still, many people are skeptical about this new phenomenon, and consider it a too-good-to-be-true type of investment.
This motivation has become even stronger with the rise of short term rentals through online services like Airbnb, which have made it possible to earn significantly more on a monthly basis than through traditional long term rental. The possibility of creating a steady stream of passive income through rent is, of course, a major motivation for people to invest in garage conversion.
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