Most folks we know are big fans of Airbnb- they’ve either had a great experience while traveling or they’re considering it for their next trip. There’s a good chance this is also true for you, but have you ever considered hosting on Airbnb? There are countless ways that we can make extra money on the side, but we’ve found that most of them aren’t nearly as rewarding as welcoming travelers into your home! Matt’s Airbnb apartment has been up and running for a few months now so in this episode we dive into the benefits and drawbacks for him and his family. We also cover what you should consider when trying to decide if hosting is a good idea for you as well as some tips for getting your Airbnb off the ground.
Next step: It’s time to start earning money
If you’re interested in hosting a space, head over to Airbnb where you can get an estimate of how much you could earn. Regardless if you’re hosting a shared room or you’re offering up your entire house, your space has earning potential!
During this episode we enjoyed a Neighborhood Nomads by Casa Agria Specialty Ales- a big thanks to our friend Josh out in California for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!
Best friends out!
1 comment
Another great podcast! The one aspect that was touched on is the tax impact/considerations from the extra income. Would love your collective opinion on you handle that and your thoughts on pros/cons between rental income vs dividend investing/iincome.