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ABNB HORROR STORY🩸
@airbnbhorrorstory

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Recently, a local resident named Cathy called into The Ramsey Show to get advice on whether she should buy property to turn into a vacation rental in order to capitalize on those seasonal visitors. Cathy and her husband already have a rental unit that pays them $1,700 per month, but she could borrow against their primary residence to get a $280,000 property she could turn into an Airbnb. However, Dave Ramsey cautioned her not to ruin her life by doing so 2. Ramsey is worried that while listing your home on a short-term rental site like Airbnb or Vrbo sounds like a great idea in theory, running a short-term rental property can quickly turn into a nightmare. Maintaining an Airbnb is essentially like operating a small business and requires a lot of work. Source: https://finance.yahoo.com/news/don-t-screw-life-airbnb-120000486.html Share your Airbnb Horror Story to be featured 🩸 . . . . . #frugalliving #financetips #investing #wealthmindset #budgeting #debtfreejourney #debtfreecommunity #financialindependence #debt #budget #debtfree #moneytips #wealthcreation #wealth #moneymanagement #millionairemindset #savingmoney #financialfreedom #financialgoals #finance #money #daveramsey #financialeducation #financialliteracy #personalfinance #debtfreeliving #generationalwealth #budgetingtips #airbnb #realestate