How does an Airbnb host deal with taxes?
When you become an Airbnb host, the days of throwing together your taxes at 11 pm on April 14th are over. I would recommend finding an experienced accountant to help you with this, especially if this is your first year. Taxes for Airbnb hosts are complicated, and I always get asked questions about them. In this article, you will learn whether you should file on a schedule E or C (and what the difference is), what you can deduct from your taxes, and some tips on how to make filing your taxes as an Airbnb host easier.
*****Disclaimer…I am not an accountant, or a lawyer. All of this information is just from my personal experience and for entertainment value only 🙂 Continue reading “Airbnb Host and Taxes”
Airbnb has been a huge help on my journey to being financially free. I am so passionate about it that I started an entire blog devoted to helping other people learn Airbnb and reach financial independence.
However, earning more is only half of the equation. You also have to spend less. You could have an Airbnb empire – but if you spend every penny you make, you will never reach financial independence. This post is different from my usual posts, as I want to share with you how I saved thousands of dollars on our wedding and still had an awesome party! Continue reading “Wedding hacks that will save you thousands: how to save money on your wedding”
What is Hostfully? Simply put, Hostfully is an online, electronic guidebook for your Airbnb property that you can send to guests ahead of time. It’s a simple link that you message your guests, and then they have your guidebook information at their fingertips.
How is an electronic guidebook better for Airbnb hosts? One of the best reasons to get an electronic guidebook is that it cuts down on unnecessary messaging both before and during their stay. No more questions about restaurant recommendations or the closest grocery store, and no more guests asking about parking information three months in advance…you send them the guidebook ahead of time, and it answers all their trip related questions! You can include both pictures and videos, so guests see exactly how to turn on the TV and dishwasher without having to message you at midnight. Although this information goes unread in my Airbnb house manual, for some reason guests will actually read it on Hostfully.
Continue reading “How to use Hostfully to create a Kickass Airbnb Guidebook”
Your guests deserve a good night’s sleep. A well-rested guest is a happy guest, and happy guests leave 5 star ratings. When we first started hosting, all of our mattresses were from Craigslist free. And while I still recommend this route for newbie hosts, at some point you are going to have to upgrade. This can be a big decision, especially if you have multiple beds. How do you know the best mattress to buy for your Airbnb? An Airbnb host needs a mattress that is universally comfortable, long lasting, and affordable.
Continue reading “BEST Mattress for Airbnb hosts”
Recently, I have seen lots of travel-hacking blogs offering airbnb travel “advice”. They suggest messaging a host to ask for a discount.
Fair warning: if a host readily accepts your discount, be wary. You get what you pay for. They are either bad or inexperienced hosts – their calendar is open for a reason.
When pricing, Airbnb hosts already take many things into account, including: demand, season, competition, and availability. If it is a last minute booking, the Airbnb host knows this and has already applied a heavily discounted rate. So when a guest asks for a discount, it strongly suggests that they don’t understand the pricing system. And if they don’t understand the pricing system, it is likely that they also don’t understand other things about the platform, like how to be a good guest. Continue reading “Do NOT ask your Airbnb host for a discount & how a host should respond if your Airbnb guest asks for one”
As I’ve mentioned in a previous article, I hate cleaning. But as a DIY Airbnb host, it is something I spent a lot of time doing. Because I want to spend the least amount of time possible cleaning, I put my energy into figuring out how to be as efficient as possible. These 7 products have saved me SO much time, and I recommend them to every new host!
Continue reading “7 Products for the Airbnb Host who Hates Cleaning”
Facebook is the largest social media network on the internet. Plus, it spans all ages – everyone from my grandma (and her cat) to the teenager across the street has a Facebook page.
What better way to increase your occupancy than by advertising on Facebook? Airbnb hosts can use Facebook to market their Airbnb listings, as well as communicating recommendations and events easily to guests. Continue reading “How to Use Facebook to Increase your Airbnb Revnue”
I believe that honesty is essential when you are sharing your story. Some people get weird talking about income and money, but the mission of this blog is to give people a real look inside the life of an Airbnb host. I am committed to being transparent with my finances. Continue reading “September 2018 Income Report: How much do you make as an Airbnb host?”
Queer travelers are sensitive to political and social nuances, out of self-defense. Choosing the wrong Airbnb will be at best uncomfortable, and at worst a threat to your physical safety. Besides promoting global tolerance and acceptance, there are direct monetary benefits of marketing your Airbnb rental to the LGBTQ+ community. An Airbnb host who increases the inclusiveness of their listing will cause a win-win – you can make the world a better place and increase your occupancy rate at the same time. Continue reading “How to welcome the LGBTQ+ community into your Airbnb home: be a more inclusive Airbnb host.”
As an experienced Airbnb Superhost, I get a lot of logistical questions from newer hosts. One frequently asked question is about guests who have service animals. Do hosts have to allow service animals? Do guests have to prove that it is a service animal and not a pet? Can hosts charge extra fees for service animals? What if a host’s policy says no pets?
99% of hosts are not asking out of discrimination! They want to know how to answer an inquiry without being a jerk.
Continue reading “How an Airbnb host should respond when a guest asks to bring a service animal”
I am a huge advocate for honesty. So in that spirit, I would like to show you our real Airbnb numbers. This should encourage those of you who need a bit of inspiration, and also give you a snapshot of how much money an Airbnb host can really make. For those of you that are new to the blog, we currently own 3 houses and regularly manage 1, for a total of 6 regular listing.
Continue reading “August 2018 Income Report”
If you are an Airbnb host, should you provide breakfast to your guests? Should guests expect breakfast?
I have been in Airbnbs where they cook breakfast for me, and it was very lovely. I have also been at Airbnbs where they have a DIY breakfast option – some groceries to put together your own breakfast as needed that is restocked daily. Continue reading “Why I am an anti-breakfast Airbnb host”
Everyone is familiar with the concept of up selling. We encounter it in our everyday life! “Would you like to make it a meal for only $2 dollars extra?” “Free shipping over $25!” “Buy the king size mattress, it’s on sale!”
Good salespeople know the value of the up sell. You already have a customer, they have already committed to buying. Your job is to now squeeze as much profit as possible out of that sale. This article will show you how to make more money with Airbnb.
Continue reading “Up Sell Your Airbnb & Earn More Money Hosting”
Some well-placed, locally sourced art can elevate an Airbnb from mediocre to super. However, art is expensive. So why not DIY? You can tailor the art to your space and theme, all while keeping costs low. This is the first in a series of posts designed to give you plenty of ways to make your Airbnb beautiful on a dime.
Airbnb Decorating Tip #1: Local Celebrities
Every city has their celebrities, either born and bred or just passed through. Many celebrity pictures are available online for personal use, which luckily includes wall art. This allows you to easily take the DIY option and create art on the cheap.
Continue reading “Airbnb Decorating Tip #1”
After becoming an Airbnb Superhost, you will naturally start to think about the next steps. The extra Airbnb income is nice, however you probably aren’t able to quit your day job yet. If you really want to reach financial independence, you will have to scale your business.
We make an extra $200-300 a month on each Airbnb property we manage, and even more when we were doing our own cleanings. There is more up front work, but once everything is set up, Airbnb’s app makes it very easy to keep track of multiple properties.
Although the eventual goal is to retire owning an entire Airbnb empire, it takes a long time to save up for down payments, furnishings, repair reserves. Supercharge your earnings and quickly fill your bank account by managing Airbnbs for other hosts.
Continue reading “How to start an Airbnb Management Company”
(This post may contain affiliate links. Please read my disclosure for more info.)
Are you looking for advice on how to become a Superhost on Airbnb? Superhosts are the top 20% of Airbnb hosts, and on average earn 75% more than regular hosts. Here is a visual I made of 5-star hosting tips you haven’t heard before!
Thanks for visiting my Airbnb hosting blog! Hosting is a huge passion in my life. I love showing others how to build their own hosting business and reach financially independence. If you are enjoying the content on this blog, it would mean a lot to me if you would consider purchasing my new book, Financially Free with Airbnb. It’s available on Amazon and Kindle Unlimited. Interested in receiving 1:1 coaching? Contact us at firstname.lastname@example.org to learn more!
Airbnb has grown leaps and bounds over the past 5 years, and is now the largest vacation rental platform in the world. However, with that rapid expansion comes growing pains, especially when it comes to their customer service department. If you google Airbnb customer service, you will see what I mean. Hundreds of reviews, and hardly any of them 5 star.
Over the past 3 years as a Superhost, I have had my fair share of run ins with the customer service team. To get what you want from Airbnb customer service, you have to say the right things, stick to your guns, and be polite but firm.
Continue reading “How to Get What you Want from Airbnb Customer Service”
Written by Expert Superhost & Founder of AirbnbBabes.com
This book will teach you…
– How to Research & Purchase the Ideal Cash Flowing Property
– The Renovations & Furnishings That Guests Love
– How to Craft the Perfect Listing Description & Take Photos
– A Detailed Plan of Action that will take you from Host to Superhost
– Review Hacks that will give you consistent 5-Star Ratings
– Unique Marketing & Upselling Ideas that will have you Earning 6-Figures
….and so much more!
E-Book Copies Now on Sale for a Limited Time.
Don’t waste another second watching YOUR life pass you by. Learn how to escape the 9-5 and live the life you deserve!
Click Below to order your Discounted Copy Today
Continue reading “Financially Free with Airbnb – My book is finally here!”
98% Airbnb guests are awesome. Through some painful experiences, we have learned how to identify and avoid the worst of the remaining 2%.
Airbnb is based on trust, and unfortunately there are people out there who will violate that. If you do happen to get a guest that causes damage or breaks your house rules, collect photographic evidence and alert Airbnb immediately – and then be ready to file for Airbnb’s million dollar host guarantee.
Continue reading “Avoid Nightmare Airbnb Guests”
If the house needs some work, remember that remodeling for Airbnb is different than other real estate investments. An Airbnb remodel is of higher quality than a rental, but not as nice as a flip.
Here is an example: for a long-term renter, you could just leave the functional but ugly laminate countertops. For a perspective buyer, you would upgrade to quartz or granite. For an Airbnb guest, you would do something in the middle. A clearance slab of granite, butcher block, or even a nice-looking laminate.
Continue reading “Best Renovations for your Airbnb Investment Property”
Many Airbnb gurus have written about the importance of picking a single target audience. Focus on one subgroup of people, and then provide them with an experience tailored to their specific needs.
Continue reading “Importance of Picking Target Audiences”
Airbnb hosting is the perfect hybrid of entrepreneur and passive investment. You control most aspects of your product, but can still rely on the safety net of a large company.
You can control the quality, and more importantly – the price. This gives you the freedom to study the rules of supply and demand in your specific area, and apply various pricing strategies depending on your situation and end goal.
Continue reading “Price Hack for Airbnb Pros”
We used a home inspector on the first house we bought that was 100 years old. It was someone the realtor recommended, and we took her advice because we had never done this before.
Always choose your own home inspector, and get recommendations from people that you trust. Continue reading “Inspection and Renegotiation of Airbnb Investment Property #3”
I’ve been keeping my ear to the ground, looking for deals in our area that we could use for our third Airbnb investment property. How have I been doing this? Well, I look through Zillow like other people might look through shoe catalogues. I have spent so much time researching the various areas around town, how much other Airbnb hosts charge, and how full their calendars are. I narrowed down my search to a few select neighborhoods, and set an alert that would email me if something in my price range and desired zip code came up. Because I’ve been watching the market so closely, I knew a deal as soon as I saw it. Continue reading “The Search For Property #3”
One of the biggest reasons we are doing Airbnb is to create financial independence so that we can travel more. Here is a list of all the amazing places I want to visit once we hit financial independence. I’ll be updating the list frequently as I find new places and experiences!
Continue reading “Travel Bucket List”
Before you can renovate or even decorate your house, you need to think of a theme. There are about a zillion “nice 2-bedroom condo close to downtown” listings up on Airbnb, and you want to stand out! A theme is an easy way to differentiate yourself from the crowd and provide a truly unique experience.
Continue reading “Picking a Theme for Your Airbnb”
(This post may contain affiliate links. Please read my disclosure for more info.)
If you’ve consulted with the ultimate Airbnb shopping checklist, you won’t have to worry about this problem! However, there are many new Airbnb hosts who don’t realize what they have missed until it is too late – and shows up as a negative in a guest review. These items aren’t expensive, just overlooked…and small, thoughtful touches correlate to 5 star reviews.
Continue reading “What New Airbnb Hosts Forget to Buy”
So the other day I was checking my mail…and found a postcard from a stranger!
Yes, we let strangers live with us all the time, but somehow getting a postcard from this future Airbnb guest was strangely intimate.