Epic AirBNB Fail? Full Financials Revealed for Poconos Short Term Rental

Revenue was high, but expenses were almost in the six figures! So was the overall return good or just meh? Let us know what you think! Chapters - 0:00 - What's going down with our second STR 0:52 - Revenue made in the first year 1:22 - Number of Bookings 3:41 - Average Length of Stay 5:15 - Impact of Allowing Pets 6:04 - Why We Love Guests with Kids 6:43 - Number of Guests 8:57 - Operating Expenses in the First Year 13:30 - What did I net? (comment on what you think!) 16:25 - Summary COMMENT below if you have ANY QUESTIONS that you want us to answer in a future video. Give us a big “LIKE” if you enjoyed this video! Don’t forget to subscribe and hit the notifications bell if you want to see more videos like this. We are a small channel and receive no YouTube revenue, please consider using our referral links. We invest 100% of it back into the channel to make content for you: ►For inquiries and consultations: [email protected] Option 1 - Normal rate: $250/hr (billable in 30 min. increments) Option 2 - Make any donation to our non-profit, The Lui Foundation, and receive a 30 minute zoom consultation call that will be recorded for this channel for others to benefit. ►REAL ESTATE/AIRBNB: Book our Poconos AirBNB: http://marshillpoconos.com AirBNB Guest referral link ($50 off): https://www.airbnb.com/c/elui9 AirBNB Host referral link (get $40): https://www.airbnb.com/r/elui9?s=6&t=... Pay rent and improve your credit score - Use "RRA20" promo code for $20 off - https://prf.hn/click/camref:1011lcMku Diversify your real estate portfolio with Fundrise - fundrise.com/r/8kkly ►STOCKS AND CRYPTO: My favorite investing app - M1 Finance (get $30): https://m1.finance/kkHB1KCVwjxG What I use to invest in cryptocurrency like Bitcoin (get $10): Gemini - http://www.gemini.com/share/pq8elpnf9 Coinbase - https://www.coinbase.com/join/lui_9my Join Celsius Network with referral code 133487fbb0 (earn $40 in BTC with your first transfer of $400+): https://celsiusnetwork.app.link/13348... ►USEFUL INFO: Products we use: https://kit.co/favehomeboy Air purifier we recommend to combat Covid-19! Contact Edward for 25% off: https://www.vollara.com/productdetail... Air purifier effectiveness: https://hosting-source.bm23.com/38444... ►Contact us for a referral to a real estate professional if you are interested in purchasing a vacation rental in the Poconos or anywhere in the continental US! ►Contact us for real estate and property management services in Northern Virginia, Maryland, Washington DC and Austin, TX: Instagram:   / gsusned     / poconosberkshire     / poconoskhakicampbell     / poconosgreatpyrenees   YouTube: https://www.YourFavoriteHOMEboy.com TX Facebook:   / marshillrealty   VA Facebook:   / marshillvirginia   Austin Texas and Northern Virginia Property Management: https://MarsHillPropertyManagement.com Corporate: http://MarsHillRealtyGroup.com LinkedIN:   / marshillrealty