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#Monthly expenses breakdown update

Between the two of these, it’s an extra $138 per month in bills. What it comes down to is the Insurance and Alarm system costs that are hurting me.

These monthly expenses are higher than what I originally anticipated and wanted.

*Monthly Expenses – Consist of the following monthly bills we have to keep the airbnb running: Utilities/Internet/Netflix/Insurance/Alarm System Total Guests/Bookings = 19 (Jan, Feb, Mar) Month Reported Income and Expenses for an Airbnb So the info you will find below consists of pretty much two whole months (Feb and Mar) and a few days for January. My listing first went up on January 24th with my first booking coming in on January 28th. I think I have all the kinks worked out now and am anticipating great months ahead. 🙁 So with that being said, the strategy seems to have paid off and I am quite pleased with how its turning out so far.

The plan was to start off with a low-priced (cheap if you will) listing so that I can get bookings and more importantly good reviews! As with Amazon or any other service including AirBnb and VRBO, it’s all about the reviews and pictures!! And I had zero reviews to start. This is due to a strategy I used to start the listing at a very affordable price. The income comes from Airbnb as well as VRBO (Although I have only had 1 booking through VRBO so far).Īs you will see, each month has been progressively getting better for me which is what I originally expected. How is my Airbnb experiment going so far you ask? Well here you will see my actual Airbnb income and expenses after two months of being in operation. I have never had or managed a short-term rental before so I have been learning as I go and trying to figure out the best and most efficient way to run this new business of mine.

#Monthly expenses breakdown update

This is the update you have all been waiting for!! 😉 As you may have read in a previous post of mine, I converted one of my Indianapolis rental properties into a full time AirBnb vacation rental.