Not too long ago, many vacationers would have found it questionable to rest their head after a long day anywhere but a traditional hotel. But… the times are changing! With the use of technology and an Uber-esque business model, Airbnb has joined the hospitality big leagues and puts the rental power in YOUR hands.

In fact, over 140 million guests have stayed at Airbnb properties since the site’s founding in 2008. They also have no plans on slowing down considering its cash flow is expected to reach over $3.5 billion by 2020. Now that’s an opportunity!

You’re probably wondering what makes a great Airbnb rental and where can I find one?

The answer is simple. Location is definitely one of the most important qualities to look for in a lucrative rental. Properties near tourist attractions, business centers, shopping, dining and public transportation will give you the most bang for your buck. Keep in mind the time of year is another important aspect to consider as you may make the bulk of your profit in certain months depending on your location.

There are all kinds of properties on Airbnb ranging from 1 bedroom condos downtown to single-family homes with multiple bedrooms. The nightly rates vary so it’s a good idea to focus only on what you can afford and which properties are probable to give you a return on your investment when the yearly numbers are crunched.

Take a look at our list of handpicked properties that would make great Airbnb rentals and be sure to read our top tips for being a good Airbnb host under the properties below.

52 Thornridge Drive, Colchester, Connecticut 06415 | New London County Homes for Sale | Homes and Properties for Sale | RE/MAX on the Bay

This lovely home is in a great neighborhood and has a great yard. Inside find a huge grea...

230 Pennsylvania Avenue, East Lyme, Connecticut 06357 | New London County Homes for Sale | Homes and Properties for Sale | RE/MAX on the Bay

Mint condition 2 family in Niantic! Fantastic opportunity! Ranch on private 1.3 acre lot. ...

30 Romagna Road, East Lyme, Connecticut 06357 | New London County Homes for Sale | Homes and Properties for Sale | RE/MAX on the Bay

Solid brick ranch style home in quiet neighborhood with lots of living space inside and ou...

99 Deer Run Drive, Colchester, Connecticut 06415 | New London County Homes for Sale | Homes and Properties for Sale | RE/MAX on the Bay

Spruced up and ready for you to move in! This sweet 3 bedroom Colonial has everything you...

12 Glen Court, Norwich, Connecticut 06360 | New London County Homes for Sale | Homes and Properties for Sale | RE/MAX on the Bay

ONE of a KIND OVERSIZED Ranch on 1.28 w/ FENCED INGROUND pool and pool house w/ patio for ...

48 Highwood Circle 48, Colchester, Connecticut 06415 | New London County Homes for Sale | Homes and Properties for Sale | RE/MAX on the Bay

A delightful newly renovated Colonial home with an open floor plan The first floor entry ...

Top Tips for Being a Good Airbnb Host

Always be honest and transparent about the condition of the property and price it accordingly
Consider extras you can offer to make your listing stand out such as breakfast, a guided tour or a discount for longer bookings
Most of your guests will be wonderful and respectful as long as you vet every booking request you receive
Consider requiring a minimum stay so that you don’t have to constantly clean and do laundry for one-night bookings
Keep all payments and messaging within the Airbnb app so that you don’t leave yourself vulnerable and you stay protected by the insurance provided by the company
Create a document full of fun things to do in your area, transportation tips, coupons or anything else you think your guests could benefit from

Want to get your Airbnb real estate investor story started now? Contact us here for more information!