Matt Campoli: How to Profit $40k/Year with Airbnb Rentals

Episode notes

One of the real estate investment strategies that has captured my interest as of late, is short-term Airbnb rentals. The idea of very high cash flow potential in high-demand areas is something I wanted to dive into further. I spoke with Matthew Campoli, a real estate investor and realtor in the Toronto area. Besides helping clients purchase Airbnb rentals and other investments, he also owns rental properties himself. One of his Airbnb rentals in Toronto is on track to cash flow about $40k (that is net profit after all expenses)! We dived into this in detail, of course. Matt also has an Airbnb property he recently purchased in Miami, which he projects will gross $100k in revenue. We discussed how Canadians can invest in Airbnb properties in the US.