I wanted to share with you the benefits of being an Airbnb host:
- Make money: Depending on where your Airbnb is located, the features and amenities offered in your home, as well as the popularity of the listing, can make you quite a profit from being an Airbnb host. According to Travel + Leisure, about 50 percent of Airbnb hosts make more than $500 per month. That’s an extra $6000 per year.
- Meeting new people: Another benefit of hosting Airbnb is the ability to meet so many new people. Depending on where you live, you may attract visitors from all over the state, United States, or the world! Airbnb hosts have the option to either stay in the same residence or leave altogether during a rental.
- Learn more about your area: Through hosting with Airbnb, you will learn a lot about your area. Not only is it a good idea to do some personal research before hosting so you can recommend restaurants, shops, and local activities and hotspots, guests will often leave behind brochures and pamphlets that might highlight other areas of interest for future guests.
- Ability to set your own price: With Airbnb, each host has the ability to set his or her own price for the home. When determining a rental price, it is important to set it fairly. Oftentimes, people that are using Airbnb are looking for a low-price alternative to a hotel.
- Control of your own schedule: With Airbnb, you are in control of your own schedule. Do you not want to host around Christmas time? Perfect, block off the dates. Do you only want to host for a few years and then be done? Awesome, you’re free to take your home off of the market at any time! Airbnb gives hosts a lot of flexibility and control over their schedules.
I’m a Superhost Ambassador!
I offer live course for current and would be Airbnb hosts. Here’s a recording of a previous session to help you get started. It’s full of tips and useful information that you’ll need to know in order to be successful on your hosting journey.
Get Started With Airbnb (Pre-Recorded Seminar)
To see the schedule of upcoming live training for Airbnb and other business topics visit my Events page!
Frequently Asked Questions:
How do I get started?
Get started by creating your listing!
From start to finish, you can set up your listing in 10 steps:
- Select which type of space you plan to host
- Further describe your property type
- Clarify whether guests will have the place to themselves
- Enter your location
- Determine how many guests you’d like to welcome
- List your space’s amenities
- Add and organize your photos
- Name your place
- Describe your place
- Set your nightly rate
Yes. You can change your listing at any time.
You can always make changes to your listing after you publish it. You’ll also be able to refine how you want to host—everything from updating your calendar and reviewing your cancellation policy to adding your house rules.
How do I decided what to charge?
If you’re wondering how to set your price, I would look at listings of others in your area to get a good base price. Then, you can opt to use the automatic pricing tool so you can take advantage of peaks in the market. I prefer to set a minimum that I’m comfortable with and let the algorithm work from that.
Also, stay on top of major events in your area such as concerts, conventions, etc. so you can increase your prices manually at those times.
You can also charge extra fees for specific amenities like air beds. For example, I charge an extra $25 per night for each guest after two guests so that if I’m only renting to 2 people they pay less. If it’s 3, 4, or 5, they pay accordingly.
The cleaning fee can also be adjusted so that it’s less for short stays than longer stays.
How much does Airbnb charge?
Are you wondering how much Airbnb charges you? Most Hosts pay a flat service fee of 3% of the booking subtotal. Guests typically pay a service fee of around 14% of the booking subtotal.
Here is a sample payout:
Does Airbnb provide insurance?
Airbnb does provide free insurance to host. It’s called AirCover.
- AirCover includes $1 million in Host damage protection and $1 million in Host liability insurance
- Damage protection includes income loss protection, as well as new protections for pet damage, deep cleaning, and more
- AirCover is always included and always free—only on Airbnb
What Hosting Regulations Apply to you?
Learn where to find info on local laws, taxes, and permits specific to Hosts.
Responsible Hosting by Regions:
These responsible hosting articles can help you start learning what it takes to be a host in your region. Each article has information about situational and location-based rules, including laws, regulations, taxation, best practices, and other considerations that apply to hosts of places to stay on Airbnb.
Related Airbnb Resources:
- About hosting
- Calendar and bookings
- Payouts and taxes
- Managing your listing
- Your reservations
- About Airbnb
- Your account
Ultimate Shopping Guide for Airbnb Hosts
Here are a list of products that will help you on your Airbnb hosting journey. From security, to delicate decor touches, to hosting essentials, and business needs, I got you covered. (◕‿◕✿) This is a collection of the best items I’ve found as an Airbnb Superhost and an Airbnb Ambassador. When it comes to hosting it’s all about comfort, convenience, and quality. These items have helped me successfully host thousands of happy guests, and have helped my Airbnb clients reach Superhost status.
To see the list CLICK HERE!
Lastly, if you need more in-depth consulting services, check out my new Fiverr offering at: CLICK HERE