Today's guest is Teri. She runs two listings near Charlotte in North Carolina. Her revenue from a four-bedroom house is around $4,000 to $5,000 per month (plus cleaning fees) depending on the season. Similar properties around the area are rented out at $2,000-$2.500 per month. Teri has 52 reviews average at 4.98 for this listing. 
4.98 stars listing : https://www.airbnb.co.uk/rooms/30376303

Vacation Rental Career (1:55)

Ran 7 long-term rental properties in Chicago.

First property: 2018 Fall

Second property: 2019

Third property: On hold


Coronavirus handling (3:44)

https://www.furnishedfinder.com/

Posting on Facebook groups

Finds from neighbours who needs a house


Occupancy Rate (5:09, 7:42)

50%

80% during high season (Summer)


Price (6:21)

Around $270 on average

Currently lowered 10-20% due to coronavirus situation

Rates are 10-20% higher during high season


Long-term rent : $2,000-2,500/month
Market Research when buying a new house (13:00)

Work with a realtor who uses AirDNA to estimate vacation rental income


Podcast sponsored by Airbitcs - find more interviews here.