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Read previewThis as-told-to essay is based on a transcribed conversation with Matt Krueger, 30, about building income from rental properties in Des Moines, Iowa. Related storiesBetween 2017 and 2021, our rental income averaged $1,200 to $1,500 monthly, taking into account money set aside for mortgage payments. I was inspired to try short-term rentals and quit my day job in 2022One day, I listened to a podcast about short-term rentals and Airbnb. AdvertisementOne downside of short-term rentals is the increased adminIn 2023, we made around $97,000 in revenue from long-term rentals and around $143,000 from two short-term rentals. In May this year, we opened our third short-term rental, hoping to increase our revenue even further.
Persons: , Matt Krueger, who's, I'd, We've, I've Organizations: Service, Business, Facebook Locations: Des Moines , Iowa, Des Moines, Airbnb, Texas
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