Flipping America

I was asked about three years ago if vacation rentals were a good idea and my answer was based on the numbers at the time. My answer was “only if you want a vacation home and want a little help defraying some of the expenses.” I did not believe it to be a money-maker. That all changed - probably within the next 18 months as short-term rental sites such as VRBO, HomeAway and AirBnB took over. AirBnB dominates this industry and provides an interesting alternative for travelers while at the same time represents significant earning potential for the owners and operators.    The growth of AirBnB and in fact this entire industry has been phenomenal and it seems that the company founders have handled this explosion with a good plan, solid management, and responsive leadership.    But it hasn’t been and isn’t going to be problem free. Some of the neighbors to these properties have begun expressing concern, filing complaints with governing bodies, and even worked to get an outright ban on the short-term rental industr