Do you want to make some extra money with property (or a room) that you already own? Below, we share some really great resources for making money on AirBNB with minimal cost.
Making Money on AirBNB
Yes, AirBNB provides a great way to make money with vacation properties, rental homes and even spare bedrooms. However, some landlords earn more money than others.
Plus, some properties rent faster and can demand more rent. Those owners typically earn a higher and more consistent residual income on their rentals.
But how? Jasper Ribbers is an avid AirBNB Host and travels quite frequently. He shares tips that he has learned through his hosting experience, plus advice from other hosts that he has interviewed.
How to Make AirBNB Profitable
If you want to rent property in AirBNB and maximize your income, use his strategies. Essentially, you can find out how to earn more money with less effort by avoiding the common mistakes that most people make. Also see this good resource: how to put together a lease agreement.
How to Rent Out Your Home
Before you list your vacation property for rent, watch this video. You’ll get a quick 5-step lesson on getting started with short-term vacation rental investing. Plus, you learn important legal tips, renovation advice and more. See also: How to Manage Rental Properties.
How to Optimize Your AirBNB Listing
When you optimize your AirBNB rental listing, you can acquire more customers and higher ratings. This, in turn will help you get even more paying clients and grow your rental income.
Daniel Rusteen can show you all the insider tricks, since he has probably the most comprehensive experience with AirBNB Possible.
For example, he’s been an employee, a guest, a host, a Superhost and has started an Airbnb property management company.
Some of what his AirBNB book covers:
- How to optimize your listing to achieve a high AirBNB search ranking
- Tips for leveraging tools to automate 80% of your AirBNB.
- Interior design strategies without professional help.
- How to successfully navigate a slow rental season.
- How to identify problem guests before they book.
- Mastering your Airbnb title and text.
- Taking high-quality photos with your smart phone.
- How to create additional streams of revenue.
How to Start an AirBNB Business Quickly
If you want to earn a side income or are looking for ways to generate passive revenue, renting out your home or spare bedroom may provide the answer.
In this quick-start guide, Sally Miller shares how to get started earning income quickly and consistently.
Making Money on AirBNB How-To Tips:
- How to prepare your home and impress your guests.
- Pricing your space and ways to actually charge more than your competition.
- How to create a listing your dream guests will love. (Also check out How to Screen Tenants).
- Tips for managing bookings with minimal effort.
- Easily navigating the legal and financial aspects of renting property.