Although renting Airbnbs can be a lucrative business or side hustle, there are a few risks involved, including:
Funding difficulties: Starting an Airbnb venture can be difficult if you don’t have enough in cash reserves, income or equity. Consistent rents: Your property might be subject to peak seasons or sporadic renters, making it hard to generate steady rental income. Damage and unruly guests: Your guests may cause significant and expensive damage to your property.