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Are Companies Buying Homes to Turn Into Airbnbs in Amarillo Ask pretty much anyone, pretty much anywhere, and they ll tell you the housing market is insane. Properties are being bought up at record pace. Some properties go well above the listing price. Recently, I was told that there are companies buying up some of the available properties in Amarillo for the sole purpose of turning them into Airbnbs. Instantly I was infuriated. Nothing against Airbnb. As is the case with most things, when it started it was a great way for people to make some extra money. For travelers, it gave you something more unique than the same old hotel stay. Especially if you are traveling with a large group.

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