Six years on, our Airbnb properties brought in $118,000 in bookings last month.
In March 2020, after only three months on Airbnb, we were set to cash-flow over $7,000 after expenses.
In September 2020, we bought our third property: a four-bedroom cabin in Gatlinburg, Tennessee, near the Smoky Mountains.
With income from the Nashville properties, we invested $35,000 in a cosmetic rehab of the Gatlinburg cabin — new floors, light fixtures, toilets, mirrors, stairs, paint, and landscaping.
When we opened in November 2020, the place booked up almost immediately; revenue in that first month was $14,158.85.