
Are you thinking about capitalizing on the Airbnb trend and purchasing a rental property? You're certainly not alone! Millions of homeowners around the world have embraced Airbnb as a second or even primary source of income, but success isn't as simple as shopping for a Suffolk County home for sale and setting up a mattress in a spare room. Prepping your home to become part of the hospitality industry isn't for everyone, and it takes work to turn your home into an Airbnb earner. Our REALTORS® are here to help you make an informed decision, with a look at the pros and cons of jumping on the Airbnb bandwagon.
Turn a Second Home or Spare Room into Extra Income
Let's start with the biggest pro, and the reason you're probably interested in Airbnb in the first place. If your home has a good location and you prep it properly, you can turn your Airbnb property into a significant source of income. It takes work to excel with Airbnb, but if you stick with it, the payoff can be significant. You can rent out unused space in your own home, or purchase a property specifically as an Airbnb investment. Either way, you can generate extra income without Airbnb being your main job.

It's hard to believe that the holidays are just around the corner, but yes, it's true! Finding the perfect gift for that special someone can be challenging, but one of the great things about living on Long Island are the fun, quirky arts and crafts fairs. Our REALTORS® love checking out what local artisans have to offer—here's a sampling of some of their fave fairs to hit for holiday gifts.