How To Be an Airbnb Host:  14 Tips for Fast Success

We tracked down several Airbnb experts to explain how to become a host for Airbnb with minimal fuss and maximum profits.

They quickly pointed out that managing a short-term rental business is not for everyone — or every property — but can be highly profitable.

How To Be an Airbnb Host

Real estate investing and property management aren't “rocket surgery,” as my ex-girlfriend used to say.

Before you become an Airbnb host, calculate whether the additional effort is worth the mone, compared to what you could earn if you rented out the same space on a long-term lease.

Run the Number

Your Airbnb pricing should have nothing to do with what you could charge for a long-term rental.Don'tt even price your nightly rates based on other nearby Airbnbs!

Price Against Hotels, Not Other Rental

The hotel industry is no pushover. With billions of dollars on the line, they aren't just laying down and surrendering the loss in market share.

Know Your Local Law

Being a landlord is mainly hands-off, with occasional spurts of effort.

Approach Short-term Rentals as a Complete Hospitality Busine

Buy used furniture, and make sure it's in good condition. Craigslist, Freecycle, garage sales, Goodwill, the Facebook Marketplace, and used furniture store are optionss.

Furnish Affordably (But Tastefully!)

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