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The meteoric rise – and fall – of the Queen of Airbnb


She promised investors an easy windfall. Then it all came crashing down.

"At the time, the feeling was, if you weren't already in short-term rentals, it was too late," recalled Kathy Portley, the president of the Tulsa Real Estate Investors Association, which sponsored the event. The sudden collapse — and the web of accusations that accompanied it — offer a cautionary tale of what comes from putting too much faith in a volatile market, an untested guru, and the promise of easy money. Dominic Bugatto for BI In the days after Widell left Tulsa, Nash got an urgent message from an Airbnb tenant who had stepped into the February chill to accept a DoorDash order — only to find herself unable to reenter the house.

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