Use this code when you signup to be an AirBnB host and get $40 when you host your first guest. This works for new hosts who are going to rent a room or an entire home.
I’ve been using AirBnB to supplement my mortgage for a number of years. It’s a great source of additional income and doesn’t take much work if you manage it smartly.
So what does it take to become an Airbnb host? All you need to have is a space to share with guests. I converted my garage into a guest room. But you can AirBnB an entire home, a living room, or a comfortable sofa bed, and there are people out there who would be happy to pay you for whatever opportunity you provide.
It is important to create an Airbnb listing that honestly and accurately shows travelers what to expect. It’s important that you describe every amenity. And you should be prepared to give guests friendly hospitality. Because my AirBnB had an outside entrance I almost never interact with my guests face-to-face and they check themselves in and out. I do usually check on them via text.
Here’s some tips I’ve learned from hosting for 3 years
Communicate quickly and clearly
I try to follow up with inquiries within 24 hours or less. If I am hosting a guest I try to reply within a few hours.
Provide a clean space with basic amenities
Don’t forget about the details like drawers for clothes, ironing board, hairdryer, microwave etc.
Ignore AirBnB’s Pricing Recommendations
AirBnB recommends that I list my room for half of what people pay me currently and it’s constantly booked. Do your own research on AirBnB and look at what others are charging and their amenities and price according to that.
Getting Paid is Easy
Once you’ve listed your location on Airbnb, you’ll start receiving requests and bookings from guests. Airbnb charges each guest before arrival to ensure you’ll always get paid on time when you host. You never have to handle money directly. Though, you won’t get paid until the guest checks in.
You can also choose how you get paid, using methods like direct bank deposit or PayPal. Airbnb typically releases your payment about 2 hours after your guest is scheduled to arrive. It may take a couple of days for the funds to hit your account. Your payout will be your nightly rate minus a small service fee. Airbnb doesn’t charge any fees for processing credit cards, making it just as easy for guests to book as it is for hosts to get paid.
Important: To qualify for your payout your first booking must have a value (excluding cleaning fees, taxes, and special offers) of at least $100 USD (or the equivalent in your local currency).
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