Michael and Jennifer Corbus of Oak Grove, Oregon, used bunk beds to create their profitable side hustle business in their basement—spurred by an urgent need to raise money for the cost of medical care for their special needs daughter.
The Corbus’s began renting out their basement to international exchange students for extra income in 2005. Ten years later, in 2015, they switched to renting bunks on the Airbnb platform for passive income.
They recently published a book, Bunk is Bank: How Bunk Beds Can Create Passive Income for YOU on AIRBNB, which tells their story but also details how others can make passive income by renting bunk beds through Airbnb.
– Being comfortable with passive income. Many people prefer working a regular job with security and guaranteed income. One must get comfortable making money where much of the work is in its initial setup and the risk of starting a business.