Renting my place on Airbnb for 3 months pays my mortgage for the year - Business Insider

can be a nice money-making opportunity for people who have the ability to rent out one or more of their properties. But is renting on Airbnb a good move? Depending on your situation, it could be. for four years, so I've experienced a wide range of situations. If you're considering doing the same, you may be able to learn from my experience.

There are definitely costs associated with renting my apartment short term, including Airbnb fees, normal upkeep, internet/cable, and hiring someone to clean the place when I'm not in town to do it myself. I also coordinate cleanings and on-site management via messaging, so it's not necessary for me to stay in town in order to be a good host. Airbnb is an internationally recognized brand, and so far, I haven't traveled anywhere that I couldn't get in touch with my Airbnb guests via the app or the web interface.

While I'm away, my Airbnb guests can use them and if something gets lost or broken, I'm able to cover the loss orCaroline LupiniAs a frequent Airbnb guest myself, I always try to leave each property in top shape, and I expect the same from my guests. Folks who use Airbnb aren't expecting any level of professional service, because that isn't what Airbnb does. For the most part, people just want to feel at home while they're away from their home.With Airbnb, I'm not tied down to my property; I can leave town whenever I want and come back to a clean apartment that's still mine. I don't need to worry about moving in and out of rental apartments or finding another place to store all my stuff.

When I get passive income from my cryptocurrencies I will also spend my life traveling.

Pinterest nowthatsbravado

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Enjoy complimentary access to Business Insider Prime - Sign up today with no obligationsWe saw a lot in 2019, including Amazon's tax scandal, WeWork's downfall and Bloomberg's toxic culture to name a few. Read all the details with free access to Business Insider Prime (BIPrime) for a limited time. BIPrime BIPrime You are great
Source: BusinessInsider - 🏆 729. / 51 Read more »

Credit Karma made getting pre-qualified for a mortgage easy — and free - Business InsiderFinding a true mortgage pre-qualification was tough, but once I found Credit Karma's tool, I had a pre-qualification letter in just a few clicks.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's why Dan Ives thinks Apple could be worth $2 trillion in 2 years - Business InsiderOne of Apple's biggest bulls thinks its rebound this year is only the start. Here's why he thinks it's on its way to $2 trillion.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Kroger warns that Facebook postings offering free groceries for a year are fake - Business Insider'We are aware of this fraudulent page and are working to address this matter,' Kroger tweeted Tuesday.
Source: BusinessInsider - 🏆 729. / 51 Read more »