Two Best Friends Buy Airbnb, Spend Years Negotiating Hot Tub Diplomacy
KEY POINTS
- •In 2022, Selena Lounds and Wade Jensen formed an LLC and bought a $565,000 upstate New York home as Airbnb investors.
- •They split mortgage, bills, and decision-making equally, including an operating agreement for property sales and living restrictions.
- •Their Airbnb earned over $90,000 since May 2023, with income reinvested, while they continue sharing management and major design choices.
Selena Lounds, a 46-year-old longtime New Yorker, and her pal Wade Jensen decided that renting—shelling out thousands a month—was less thrilling than co-owning a $565,000, 2,100-square-foot Airbnb in upstate New York. Forming an LLC (which sounds fancier than it is—basically a friendship contract) in 2022, they split everything 50/50, including a mortgage, bills, and some serious hand-wringing over décor. After hosting 30 stays and pocketing $90,000+, they still can't agree if the hot tub was worth the three-year negotiation marathon. Yet despite skating through property drama and joint business-tax nightmares, Selena just bought a solo home, probably to avoid future hot tub betrayals.
Share the Story
Friends co-buy Airbnb to dodge renting but spend literal years bickering over a hot tub—because friendship clearly thrives on shared bills and passive-aggressive spa debates.
Nothing says adult friendship like an LLC, joint mortgage, and a three-year-long hot tub peace treaty.
Sharing a house with your bestie: It's like marriage, but with less romance and more contractor bills.
Source: Businessinsider | Published: 12/18/2025 | Author: Alcynna Lloyd
More Articles in Business
America Celebrates Lower Gun Deaths While Puffing More Vape Clouds
TCL and Hisense Finally Throw Shade at Sony, LG, Samsung’s Premium TV Party
Billionaire Bros Move T-Rex LLC Out of California to Avoid Paying Taxes; Dinosaur Surprised
Grandfather Gifts $1,500 with Guest Star Role for Financial Advisor
Facebook Exec Jumps Off Career Cliff to Build Giant iPhone Flop
Man Moves to Spain for Sun, Pays in Airport Commute Hours Instead of Pounds
New Berkshire CEO Gets $25M While Buffett Lived on $100K and Sandwiches
