Airbnb-style rentals are a growing cash cow for developers and owners


  • TECH
  • Tuesday, 26 Jun 2018

AirBnb iPhone App In The Ap (Dreamstime/TNS)

South Florida real estate agent Sara Dorfman hit the jackpot this month when she arranged the sale of a multi-unit complex in Fort Lauderdale's Victoria Park for US$1.65mil (RM6.62mil). The chief selling point: The property was set up for vacation home rentals. And the buyer is eager to continue that business. 

“We see more investors who are looking to do things this way,” said Dorfman, who works for Native Realty. “I call them the savvy investor.” 

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