Make Money Online

Work From Home Job Reviews

  • Home
  • Now Hiring
  • Surveys
  • Free Stuff
  • Extra Cash
    • Creative
    • Recycling
    • Misc
    • Mystery Shopping
    • Smart Phone Apps
    • Selling
    • Tasks
    • Revenue Share
    • Usability Testing
  • Non Phone
    • Writing
      • Revenue Share
      • Upfront Pay
      • Blogging
        • Blogging 101 Series
        • Blogging Tips
        • Making Money
    • Education Based
    • Misc
    • Moderator
    • Question and Answer
    • Search Engine Evaluating
    • Typing
    • Virtual Assisting
      • General
      • Leisa Good’s VA Info Series
  • Phone Jobs
    • Benefits Included
    • Employee Based
    • Independent Contractor Based
You are here: Home / Extra Cash / Misc / Make Money Renting Out Your Space at Airbnb

Make Money Renting Out Your Space at Airbnb

Updated on: October 5, 2015 By Leisa Good 2 Comments

Tweet
Pin1
Share
WhatsApp
1 Shares

Earn money renting your space.Do you have a large house or space to rent out?

Need Easy Extra $350+/Month For Free?
  • SwagBucks: Watch videos, take surveys, shop and more to earn real money. Earn up to $35 per survey! No hidden fees and completely free. Join Swagbucks Now to Get $5 Free
  • Opinion Outpost: One of the few faithful and honest survey panels pays cash and gift cards for your opinion. No hidden fees and completely free! Join Opinion Outpost Now
  • InboxDollars: Has so far paid its members over $40 Million. Watch videos, take surveys, shop and more. Join InboxDollars Now and Get Free $5
  • Lifepoints: Famed MySurvey just rebranded to LifePoints. Take paid surveys anytime and anywhere via PC or Mobile App. Paid its members over $32 Million so far! Join LifePoints Now
  • SurveyJunkie: Make $5-$25 in your spare time from home to take online surveys, participating in a Focus Groups and trying new products. Join SurveyJunkie Now

Do you want to make money on space that you own?

Do you like the idea of receiving travelers or renters in your home?

Then Airbnb might have something for you. 

What Is Airbnb?

Airbnb is actually a website that helps people list, rent, and find lodging from all over the world.   Airbnb currently has over 1,500,000 listings in 34,000 cities and 190 countries.

Users or “hosts” are drawn to Airbnb as an extra source of income to either supplement their current income or to fund other dreams such as their artwork or love of travel.  It doesn’t even have to be just rooms for rent.  Apartments, entire houses, castles, caves, igloos, tipis, and even yachts can be rented out.  So, there is definitely something there for the adventurous.

Users or who have long dreamed of owning a Bed & Breakfast can now fulfill their dreams by renting out their spaces via Airbnb, which is how the name came about.  The name Airbnb came about as trying to create an image of an air mattress floating around the world acting like a Bed & Breakfast.  Bed & Breakfast rooms or the entire place are also NOT off limits!

Travelers are drawn to Airbnb, because they don’t have feel like the typical lonely “disconnected” traveler anymore.  They can meet someone or a family who is willing to act as a host and help them navigate around the town or city.  Business travelers, international students, and those who just love to travel can now get in on the action.  Musicians, artists, and professionals can all make connections with others from around the world who share the same passions, interests or even career paths.

Originally, Airbnb attracted budget-conscious tourists until companies realized how much money they could save on travel from standard hotel and restaurants.

Please don’t confuse Airbnb with RentYourSpace, an entirely different company.

What Are Some of the Tools That Airbnb Provides to Both Hosts and Travelers?

Airbnb provides a website complete with a calculator to determine how much money someone could make renting out a space in their zip code.  There is also a “getting started” guide and other information on how to list properties as well as information on taxes on their Help page.

There are many tips on how to use photographs, keywords, and descriptions to entice potential renters into booking with you, the host.  Information is also provided to travelers as to how they can get the best out of their stay.

What Types of Information Do Hosts Have to Supply to Airbnb?

Airbnb will verify your identity, bank account, residence, phone numbers, and tax information before allowing you to become a host.  They will also try and collect your information from previous tax records, so that they may send you a 1099 Income Tax Form.

Airbnb also claims to offer up to $1,000,000 in host-guaranteed protection for your property.

What Is the Major Concern of Both the Hosts and the Travelers?

Outside of safety, the major concern of the hosts is what to do if their property becomes “trashed” or damaged.  This is where the $1,000,000 host guarantee comes into play, although it is no substitute for homeowners or renters insurance.   While on the other hand, the major concern for travelers is that the property look and be as it was listed and described so it won’t be a disappointment.

Earn money renting your space.How Much Money Can You Make as a Host with Airbnb?

That will all depend on what you are renting out (house, apartment, room, etc.) as well as:

Need Easy Extra Cash?

Pinecone Research, a leading name in online survey panel honesty, absolutely guarantees $3 cash for every survey you complete!
Take advantage of their time limited New Membership drive and register NOW. Join today: 100% free!

Join Pinecone Research Now

  • your zip code
  • how long you plan to rent
  • which amenities you will provide (Internet, kitchen, etc.)
  • host language (English, Spanish, German, etc.)

What Do Others Think of Airbnb?

Actual employees working in the brick and mortar version of Airbnb were quite good.  However, the consumer reviews (hosts and travelers) on SiteJabber and TrustPilot were not as favorable.  You can certainly read these reviews as well as do your own research and homework as to whether or not you think Airbnb would be a good income stream for you.

How Could a Potential Host Sign Up at Airbnb?

Go to the website and click the Become a Host button at the top.  Be certain you check the city listings to see if your city is listed as well as any county laws on parking or zoning.

Good luck to all who pursue this.

Related Posts:

  • Turo–Make Money Renting Out Your Car
  • 10 Best Ways to Make a Million Dollars in a Year (Plus Real-Life Examples!)
  • Make Money Tutoring at Tutor.com
  • Make Extra Money at Newslines.org
  • Make Money Delivering Healthy, Organic Meals at Sprig

Earn Everything… nearly!

Join Ipsos iSay, one of the few Faithful and Honest survey panels and earn prizes, gift cards and donations. Stack your points and redeem them: Simple! No hidden fees and completely free!

Join Ipsos Now

Leisa Good

About Leisa Good

Leisa Good is the owner of GBS Virtual Office Solutions and a PFYP certified career coach at Powerfully Purposed For Success. Her coaching specialties include entrepreneurs, small businesses, and work-at-homers who have become "stuck" and really need to find their true calling. She just loves it when folks contact her to pick her brain or join in the lively conversations.

Comments

  1. Ramsay says

    November 4, 2015 at 8:10 am

    Air BnB is great. we actually are early users of AirBnB and it has been so great. I’m a voice over actor and we travel quite a bit. When we are somewhere else, it’s great to have someone paying the rent. There have been many months where we have come out way ahead. Of course when I’m not at home we have to stay somewhere else but often we can do that with friends and family.. It takes some planning and since my sound equipment is at home for my voiceover services, I lock them away.

    My experience ahs been positive thus far.

    great article

    Reply
    • Leisa GoodLeisa Good says

      November 5, 2015 at 9:31 pm

      @Ramsay – Thanks for commenting. Sounds like a good fit for you and your lifestyle and career.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Featured Posts

30 Simple Ways You Can Make A $1000 Fast (In A Week Or Less)
Google Play credits let you try the hottest apps and download the best stuff for free! Here’s how you can earn FREE Google Play credits (they’re scam-free!)
Top 26 Legitimate Ways to Earn Free Google Play Money
Your mobile device can make you money, so it's time to start using it that way! These 38 apps are free to download and will easily earn you gift cards.
29 Best Apps That Give You Free Gift Cards
The list of survey companies that pay cash for surveys in the form of either PayPal, check, direct deposit, or a prepaid debit card.
39 Legitimate Online Survey Sites That Actually Pay Cash
31 Sites That Will Pay You to Play Games for Free
Everyone loves PayPal! It’s an easy, quick, and secure way to get paid online. Learn how you can earn some free PayPal cash from online tasks and gigs!
11 Easy Ways to Earn Free PayPal Money Online (Without Surveys!)
60 Legitimate Online Jobs That Pay You Every Day or Week!
Huge List of 93 Android and iPhone Apps That Really Pay You Money!
30 Top Online Jobs for Pregnant Women
30 Top Online Jobs for Pregnant Stay at Home Moms
100 Best Legitimate Companies Offering Online Jobs for College Students
Teenagers can make money working from home too! Check out this list of 111 best online jobs for teens under 18. Legit and Free.
76 Best Online Jobs for Teens Under 18. Legit & Free.

Copyright © 2021 · Work at Home Adventures · Disclosure | About | Contact | Privacy | Sitemap · Log in