 Hey, what's up YouTube it's Zeke the CryptoMiner and today I'm bringing you another video this time over Renting versus Airbnb. It's just a thought I came across and I watched a few videos on YouTube over a couple of real estate agents That are actually doing it and making a big profit off of it So I've been doing some research of my own and trying to see if it's a good fit for me So let's go ahead and get into the video All right, YouTube over the last couple of weeks I've been looking at a couple of properties trying to get my feet into the real estate game other than just buying REITs So in the Houston area, I was looking for something that's around Certain attractions are by airports and I found the pretty good one for a good price around NRG stadium And that's actually where the Houston Texans play and it's also kind of close by Rice University and the University of Houston So it's right off one of the major highways and I found one for around 6367 $1,000 this one right here that I'm showing you it right now is $63,000 It's a one-bed one bath 780 square feet for around in has a pool inside the complex It's actually apartment for sale or a condo for sale. And here's another one for 67,000 two-beds In a thousand square feet and I did some research in the area on what are these And I did some research in the area on what are these actually renting for what is this area renting for and so we take a Quick click right here turn off a sale and turn on renting This same area is renting for 895 dollars per month $850 per month $800 per month So in these same complexes, these are renting for 825 and the most expensive one is 895 dollars a month. So it's not bad to be inside the loop of 610 in the Houston area Even though this one is two-bed one bath and one that we were looking at was too bad too bad So I say around the estimate price for a full month of renting would be around $900 a month for two-bed two-bed one thousand square foot Near the NRG stadium where the Houston Texas play and I'm looking for Somewhere where there's a lot of attractions where the Houston rodeo is just so that if I do decide to air be a bed out Instead of just renting it out for nine hundred dollars a month would I make more profit renting it out? On Airbnb rather than just leasing it out to a tenant So if we go over to Airbnb and go to the same area with your what our house is going for In this area of Airbnb, let's redo the research Okay, so here's one So in this area here's some for $95 $92 $70 6564 so let's say The one that I was looking at in that area the two-bed two bath that could Airbnb it out for $80 a month I mean $80 a night After a BNB take their cut so you might list it as $95 and you take your cut of 90 of $80 Every time you rent it out every night you rent it out So we do some quick math on that and pull up the calculator If you rent it out for let's say you have a perfect this best case scenario you rent it out Every single night on Airbnb for the seven days a week. So there's 28 days times What we said 80 bucks in a perfect scenario that same house that would have been leasing out for 800 dollars a month I would make a 22,000 $240 update in one month now. That's an insane margin. That's an insane growth That's why a lot of people are actually air being being out there Properties instead of leasing them out, especially if they're near something that has a lot of attractions around it Let's say in the worst case scenario You only ran it off a half the months for 14 nights and you multiply that by 80 now You're still in the profit 1,120 bucks. So that's just saying that if you only ran it out for six months out of the year Six months out of the 12 months out of the year, you will still make more money Airbnb in it out and you would listen it to an owner. Okay That's just how I feel and if the very very very worst case scenario you only ran it out for Seven nights in a given month what's about that by 80 and you're you will make 560 bucks But now you'll be making less but in the other months like December when people go on vacation That's where you could actually raise the price and makes that profit back But I'm pretty sure that you'll be able to lease it out I mean to rent it out more than seven nights a week Maybe not in the beginning But once you get there a customer service and then you will actually be able to rent it out more In the future, but once starting up seven nights in a month might sound good It might be plausible, but later on I'm pretty sure you'll be able to get two weeks Full out of every single month and you make a pretty good profit now the other drawbacks about Airbnb in and out versus leasing it out is that a You have to pretty much have a property manager to take care of everything to come clean to set up Your customer service every time you're renting it out at Airbnb taking care of the keys make sure everything's okay So you have to do a lot of communication back and forth with every new customer coming to your house Then you're gonna have a new customer in your house every single time they rent it out other than dealing with one tenant for an entire year. Also, you're gonna have to buy Internet electricity and Pay the water bills you're gonna have to pay all the bills yourself and that's gonna come out of your profit of actually Airbnb in and out but Airbnb do have Insurance for big different kind of cases to where if anything gets messed up They were charged the person that actually stayed there or Airbnb will reimburse you with their customer service But yeah, but internet is not that much most Airbnb's I ever stayed in they have an Amazon fire stick And they have a Netflix account a Hulu account and maybe a sling account to where Nobody have cable in our in it nobody has cable in our Regular TV everyone has Netflix Hulu or the sling account to watch TV You have to pay your electricity bill But since it's a smaller condo apartment, it shouldn't be too much and you have to pay your water and gas bill So you do have to pay your bills when you do Airbnb out your property But the the the risk and reward is that you will make a lot more money Airbnb in it out And if you want to just lease it out to one good tenant for let's say two three years That one good tenant take care of your property. You don't have to worry about much It's less of a household no customer service really need it You just check up on them every now and then and you would get paid every single month compared to trying to feel vacancy in your calendar on When can people come meet up get the keys set up your door ring change the codes every time someone leaves so there's benefits and drawback for Airbnb and out your Property but you could just hire a property manager that would take profits away from Your Airbnb, but you could just add that on to the cleaning fee and whoever cleans the house can actually be the property manager of your Airbnb rental property. So this is that's one of the things I've been actually thinking about doing 63 67 if I could find one around $50,000 I might go ahead and buy one I Do have furniture already in storage. I would just put that furniture inside My Airbnb and I would actually think about renting it out for a couple months And if that's not successful, then I will go ahead and lease it to Hopefully I find a great tenant to actually put in there so that I can have a good clash cash flow from a rental property But yeah guys, tell me have you ever had a bad Airbnb experience down below in the Coming section or if you are actually if you have any rental properties that you actually own Near a beach or anything like that that you actually rent out on Airbnb and make a Great margin of profit just from using Airbnb. There are plenty of people that do this They have four or five houses or four or five apartments under their account and they're making a killing But you know, there's a flip side to it that it's a high-risk high reward But yeah guys go ahead leave a comment down in the comment section Let me know your Airbnb expenses and do you think this is an actual good idea? Or is it dumb and you should just go ahead and lease it out to one person and make them sign a contract for a full year But other than that, this is the crypto miner and I'm out