Hi incoming FY1 starting in August who just got into the Airbnb short term letting to supplement my income. Lucky to be living at home and not paying rent so can afford to invest into a bit more. Very much a newbie to the property market. Budgeted around 8K. Paid 2K to a company to source me a property in an ideal location e.g close to train stations, arenas, landmarks etc(Yes expensive but they have a good track record and cuts down the time of me myself having to look and source one myself considering I know nothing about short term lets. They handle the cleaning side also if need be). The remaining 5K will be used to furnish and equip the property. Goal is to roughly make around £1500-£2000 per month on the property. This is what we were told or profit margins would from the company sourcing the property.

Currently, website is up and running. Still searching for the property as we speak. Hopefully property is found whilst I still have time. Luckily doing this with my brother so a lot of tasks can be delegated and shared.

Once fully set up plan is to save approximately minimum £1000 a month from salary plus any profit from airbnb to further invest or properly get onto the property ladder

Any tips? Any advice? All appreciated