It would appear that Astoria is a lot more expensive than I had hoped—about 50% over my ballpark estimate. Yikes.

Needless to say, my wife and I are going to scope out some new neighborhoods. I’ll keep everyone posted on what I find. In fact, this blog is going to be pretty fun (not that it isn’t fun already. Right? RIGHT??) when I start hunting for deals.

On another note, I read a blog post about saving up your down payment. It said that renting out a spare room or a living room (we’d have to go with the latter because we’re in a one bedroom apartment) is a good way to raise some cash. I checked out Airbnb and we could list our living room for $85 a night. Renting out the living room a couple of nights a month (we would probably do it on the weekends) might be a good way to raise some extra cash.

However, I would want to do some more research on this and I would want to take every single precaution before opening up my home. All I’m going to say is…you can take a man out of the South but you can’t take the South out of a man. Your typical Southern man will do whatever it takes to ensure the safety of his family. Whatever it takes.

But with that said, what do you guys think about Airbnb? The only experience I’ve had was when my wife and I stayed in Montauk. From a guest’s perspective, it was wonderful.

Do you have any Airbnb experiences you’d like to share?


Filed under Business, Entrepreneurship, FHA Loan, Investing, Real Estate

3 Responses to Airbnb

  1. Darryn

    I have a friend who rents out her apt all the time. If you want to speak to someone with experience, I”ll connect you.


  2. Travis

    Thanks for the airbnb tip, I’m looking for stuff like that.

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