The rise in Airbnb has resulted in an average person turning their home into a successful business. However, it’s not really necessary for you to own a home to become successful. You can still make money from Airbnb without owning property.
Sounds confusing? It really isn’t. There are people on Airbnb who make 6 figures without owning property. How is this possible, you might be wondering? Well, in this guide, you will find out exactly how that is done.
Ways to make money in Airbnb without a property
If you are a time-rich person, property management is a good option. In this way, you can get involved with Airbnb without investing in your home.
You will find several people who are willing to list their properties, but few have the time or resources. This is where you could help them and make some money in the process.
You will reply to messages, check guests in and turn over the property after booking. You’ll probably get 10%-20% of the booking amount; that should accumulate to a good profit.
Talking to homeowners who want to rent
You should approach someone who wants to rent out their property. You could begin a conversation with them and tell them how they could make two to three times the amount they were making from rent if they gave their property as Airbnb.
Trust us, this should get the homeowners interested. Of course, since you are not renting, you will not be paying them anything, you would simply rent out the property and take a cut.
This is good as it means you will get all the rewards without the risks. Who would not want to opt for something like that?
Start cleaning Airbnb properties
Of course, this might seem unorthodox, but you sure can make some money. People are constantly looking for those who could clean out their Airbnb property. You could take a look at Craigslist and see how many people are willing to hire cleaners.
The pay rate will vary. You can set your own price per hour, or you could charge by the room, the pricing is entirely up to you. Take this opportunity to help yourself, and you will see how much you can make.
Sometimes, people list their houses and go on a vacation. In this case, they hire someone to house sit. You could be one of those people. It’s easy, does not require a lot of hard work, and you get paid in the end. Who does not like that kind of work? The owners could give you a percentage depending on how many people show up.
It’s amazing, right? Just how much money you can make on Airbnb without having to go through the hassle of giving your own property. Also, it’s easy money, so you should give this a try and see how it works out. You won’t be disappointed.
Writer and content creator interested in Entrepreneurship, Marketing, Jobs and landlord issues. I have a bachelor’s degree in Communication from the Andrés Bello Catholic University, VE, and I also studied at Chatham University, USA. In this blog I write and collect information of interest around agreements, property and mortgage.