5 reasons why you should Airbnb your property

From UBC Wiki

Introduction

Hosting short-term rentals can be a great way to diversify your business. If you have extra space in your home, or if you don't mind renting out rooms or suites temporarily, it can be a great way to make some extra money. In this post we'll look at five reasons why hosting Airbnb rentals is a smart move.

Own a vacation home and make some extra cash

You can use the extra money to fund your next vacation, pay down debt or invest in your business.

  • You can use it for yourself!

The best part about Airbnb is that you get to stay in a property that wouldn't otherwise be available for rent. This means that if you own a vacation home and want to make some extra cash with Airbnb, this is an ideal scenario where you can do just that!

Earn money on weekends and over the holidays

You can earn money on weekends and over the holidays.

  • Renting out your property on weekdays during the summer is a great way to earn extra cash, but it's also worth considering renting out your property during other parts of the year, as well. For example, if you have a vacation home in Florida that is only used during winter months, consider renting it out during those months as well--or even better yet: If there's an advantage to having fewer guests at once (like lower cleaning fees), why not make some extra money by renting out this space?
  • Renting out your property on weekdays during the winter will give you an opportunity to stay busy while still being able to enjoy some time off from work!

Reuse your main house as a secondary income property

If you have an extra house that you don't mind renting out, check Airbnb or vacation rental sites, which is a great way to get some extra income. You can rent out the main house to people who want to be near the beach or mountains, or even in another city altogether!

It's important to remember that Airbnb isn't just about sharing your home with strangers; it's also about getting more exposure from those same strangers--and making money while doing so.

Find the right tenants for vacant properties

You want to be sure that the tenants you find for your vacant property are reliable, trustworthy and will pay on time. This is why it's important for you to look for tenants who know how to clean up after themselves, communicate with other guests and communicate their needs with you.

If a prospective tenant wants extra things like cleaning supplies or a kitchen set-up (like an oven), they should be able to provide proof of those things in advance of their stay so that they can be included in their rent payment plan.

Rent out unused rooms or suites temporarily, or even year-round. Rent out unused rooms or suites temporarily, or even year-round.

If you have an unused room or suite in your home, it can be a great way to earn extra income for yourself and your family. You may have the space for guests if you rent out a room during the winter months when many people are away on vacation, but what about other times of year? If there's nothing convenient about having guests stay over, try renting out those same rooms when no one needs them--or even better yet: if they aren't being used regularly by you then why not find someone else who could use them more often?

Hosting short-term rentals can be a great way to diversify your business.

  • You're not just taking in money from guests. You can also make money on weekends and over the holidays by renting out unused rooms or suites temporarily, or even year-round.
  • You don't have to be concerned about running out of space during peak seasons. With short-term rentals, you'll never have an empty room next to your house again!

Conclusion

While short-term rentals are still in their infancy, the opportunities for travel and tourism are endless. And with so many people looking for a place to stay on their next vacation or business trip, it’s clear that this trend is here to stay—and it will only get bigger as more people become aware of how easy it can be to make extra money renting out their homes.