Tim Hubbard breaks down how a 25% tariff on goods from Canada and Mexico hits Airbnb operators. Furnishing a rental for $9,000 jumps to $11,250, forcing hosts to book 15 extra nights at $150 per night just to break even on the added costs.
What do rising tariffs on the Canadian and Mexican borders have to do with your Airbnb? More than you think, actually. Last year I furnished a short term rental for just under $9,000. But with a 25% tariff, it's possible those costs could have gone to $11,250. That's an extra $2,250 out of pocket. Or in other words, at $150 a night, that's an extra 15 days that I need to keep my rental occupied just to break even. Do you know how long your return on investments? You'll need to look at your profit margins for that? In our latest episode, we break down the real impact that tariffs are having on our short term rentals and what savvy operators are doing about it.
Airbnb profit insights to get your business ready for sale! #podcast #realestate
What Most Successful STR Investors Are Focussed on Today: From a 300+ Investor Meetup
