Airbnb is a multibillion-dollar market that lets you list out your home or property to earn extra money. How about those who don’t own a property? The good news is that there are other ways to make money on Airbnb even if you don’t have a home of your own. Let us know about “Make Money On Airbnb Without Owning A Property”
Making money from Airbnb is quite easy whether or not you own a property see that the side business or part-time job where you possibly and income I’ll be sharing 5 major ways (the fourth way is most profitable ) to earn on Airbnb.
5 Ways To Make Money On Airbnb
1)Airbnb arbitrates
2)Airbnb affiliate
3) Airbnb property management
4) Airbnb Experience
5) Airbnb cleaning services
Airbnb Arbitrate
This is a strategy that allows people to turn into Airbnb hosts without owning a property. This happens when a person rents a property from a landlord and lists it on Airbnb by putting it at a higher price to make a profit.
This system costs lower rather than investing a large amount in buying property for the Airbnb business. It is easy to apply except that the landlord has to be informed before you attempt to sublet out a property. In case they disagree, you might offer them a cut of your profit.
Pro and Cons Of Airbnb Arbitrate
Pros:
● You can leave 100% of your income to yourself unlike other strategies where you only get a certain percentage of the income earned, for example, property management
Cons
● Some city’s rules and laws do not allow for subletting
● It can be difficult to get a landlord that will agree to sublet their property on Airbnb 1) Airbnb Affiliate
If you have a large audience this is a way for you to make more money by just promoting Airbnb, you can either promote Airbnb properties on your website to earn a commission for every booking that you are responsible for or earn a commission for every new host signed up from your website.
2) Airbnb Property Management
Some people are house owners but they do not have enough time to promote their property on Airbnb, after reading this article we can leverage that by;
● Helping them set up the account
● Listing of their property
● Writing their advert
● Communicating with their guests
to get a profit from the money received. It is left for you to decide with the host on how you’re going to split the profit and you have to be able to convince them on how you can make your life easier.
As a property manager, some States require a license from you while others do not but it is better to have one to set you apart from your competition.
3)Airbnb Experience
Apart from letting properties out to travelers and guests for accommodation, Airbnb is another feature for hosts called “Experience Host”.
Here, you can earn more money by doing what you love , because it depends solely on what you like to do. Whether taking guests on a tour around the place, treating them to a culinary experience, taking them skiing or surfing, or taking them on art classes depending on your area of expertise.
This is one of the easier ways to make extra money using Airbnb
There are 3 steps you need to take to become an experienced host
1) Learn Airbnb experience host expectation
2) Describe the experience you want to offer the guest.
3) The Airbnb team will review your proposal and give you feedback, until then you have to be patient.
4) Airbnb Cleaning Service
This can be a very profitable business as it is one of the tasks house owners will look for first as it put them ahead of other hosts.
You will be required to offer certain services throughout all guest stary, services as; ● making all of the bed
● cleanings and putting away all the dishes
● sweeping mopping and vacuuming
The best part of this strategy is that you don’t have to do all of the work you can get an agency and pay them to do it.
Conclusion
Ending with Airbnb is now easier than ever even without owning a property you can make money and succeed. This opportunity is for real that can be started right now to earn more money either as a part-time or full-time gig.
FAQs
What will I need to get started as an Airbnb Affiliate?
1)Create your account
2)Get your Airbnb referral link and share
How much does Airbnb charge for Experience Host?
They charge 20% for every experience offered to guest
Where do I get the host to manage the property?
If you know someone that owns one, you can introduce Airbnb to them and ask them to make you a co-host.
