Grant Cardone Proclaims His Short-Term Rental Skepticism Proved Correct — 'I Warned You To Avoid Short-Term Rentals' [Yahoo! Finance]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Yahoo! Finance
Hawaii lawmakers want to phase out short-term rentals altogether, and Los Angeles, New York, Nashville, Tennessee and Bozeman, Montana are looking for ways to curb activity. In Michigan, a bill before the legislature would require people who rent their homes for more than 14 days per year to pay an additional 6% tax, register their rental with the state and pay additional fees if their rentals are listed on sites like VRBO or Airbnb. Real estate mogul Grant Cardone is giving investors who didn't heed his warnings a big, "I told you so." Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. Want To Grow Your Wealth Passively? Unlock Real Wealth with Cityfunds' Exclusive 8% Yield Fund In an April 27 post on X, Cardone shared a graphic showing 7,300 homes for sale in Cape Coral, Florida, which has more than double that number of short-term rentals at 17,2
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ABNB
News
- After a shooting, this California neighborhood became the first to ban short-term rentals [USA TODAY]USA TODAY
- Long-term Airbnb rentals: What to know about discounts, fees, and cancellation policies [Business Insider]Business Insider
- Consumer Internet Stocks Q1 Results: Benchmarking Airbnb (NASDAQ:ABNB) [Yahoo! Finance]Yahoo! Finance
- With 57% ownership of the shares, Airbnb, Inc. (NASDAQ:ABNB) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Airbnb carbon monoxide detector mandate would be 'very hard,' CEO says [MSNBC.com]MSNBC.com
ABNB
Earnings
- 5/8/24 - Beat
ABNB
Sec Filings
- 5/21/24 - Form 144
- 5/21/24 - Form 144
- 5/16/24 - Form 4
- ABNB's page on the SEC website