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Making Money Using Airbnb to make money
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BoneDaddy Offline
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Posts: 183
Joined: Sep 2011
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Post: #94
RE: Using Airbnb to make money
CR speaks the truth. Renting a place and subleasing out on AirBnB or other platforms is a high-risk game these days. I wouldn't recommend even attempting to do this in any kind of multi-family unit. Even if you own the condo, the HOA will mostly likely forbid it, and then there's the local municipality.

Another issue is that the competition on the short-term rental platforms has gotten fierce in popular areas. If you post up a listing with zero reviews, how are you going to compete with all the other listings with dozens of five-star reviews, professional staging, photography and decor? That's the reality of the market right now.

I think the best entry point right now is for the aspiring short-term rental host to first get self-educated. Then reach out to existing and successful hosts and offer yourself as a service. A co-host, if you will. AirBnB even has co-hosting built into their platform. Offer to assist existing hosts with cleaning and turnover. An energetic entrepreneur in a large metro could do very well putting together a cleaning and turnover service to assist successful hosts with their biggest headache - cleaning and make-ready between guests. Then expand your portfolio of service to include photography and staging. And then handyman and repair services. And on and on.

Once you learn the game, you could approach existing hosts and offer to master-lease their property for a fixed monthly lease, and you make money on the spread.

There are so many opportunities in the short-term rental space for a hustler to make bank that are far better than attempting to lease and re-rent on AirBnB.
10-16-2018 03:35 PM
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Messages In This Thread
Using Airbnb to make money - GyopoPlayboy - 10-14-2012, 02:58 AM
RE: Using Airbnb to make money - Rah - 10-14-2012, 03:49 AM
RE: Using Airbnb to make money - speakeasy - 10-14-2012, 10:53 AM
RE: Using Airbnb to make money - ManAbout - 10-14-2012, 11:08 AM
RE: Using Airbnb to make money - speakeasy - 10-14-2012, 05:09 PM
RE: Using Airbnb to make money - speakeasy - 10-14-2012, 07:15 PM
RE: Using Airbnb to make money - speakeasy - 10-15-2012, 12:44 PM
RE: Using Airbnb to make money - pitt - 11-08-2012, 06:48 AM
RE: Using Airbnb to make money - username - 10-15-2012, 12:40 PM
RE: Using Airbnb to make money - pitt - 03-31-2013, 06:15 AM
RE: Using Airbnb to make money - Pete - 03-31-2013, 08:26 AM
RE: Using Airbnb to make money - trader - 11-04-2013, 09:37 PM
RE: Using Airbnb to make money - speakeasy - 11-04-2013, 10:11 PM
RE: Using Airbnb to make money - Lisitshko - 11-05-2013, 01:35 PM
RE: Using Airbnb to make money - DJ-Matt - 10-16-2014, 12:14 PM
RE: Using Airbnb to make money - Safado - 12-01-2014, 01:18 AM
RE: Using Airbnb to make money - aguirre - 02-21-2015, 09:27 AM
RE: Using Airbnb to make money - Irish - 02-21-2015, 02:03 PM
RE: Using Airbnb to make money - heavy - 03-19-2015, 11:01 AM
RE: Using Airbnb to make money - pitt - 03-19-2015, 09:07 AM
RE: Using Airbnb to make money - DJ-Matt - 03-19-2015, 01:20 PM
RE: Using Airbnb to make money - Irish - 03-20-2015, 06:40 AM
RE: Using Airbnb to make money - heavy - 03-20-2015, 10:29 AM
RE: Using Airbnb to make money - Philly215 - 03-21-2015, 03:03 PM
RE: Using Airbnb to make money - Sebastian - 03-21-2015, 10:04 PM
RE: Using Airbnb to make money - booshala - 03-21-2015, 11:05 PM
RE: Using Airbnb to make money - Philly215 - 03-22-2015, 01:59 PM
RE: Using Airbnb to make money - pitt - 04-29-2015, 01:03 AM
RE: Using Airbnb to make money - DJ-Matt - 04-29-2015, 10:08 AM
RE: Using Airbnb to make money - DJ-Matt - 04-29-2015, 12:19 PM
RE: Using Airbnb to make money - Irish - 05-28-2015, 04:20 PM
RE: Using Airbnb to make money - tarquin - 05-30-2015, 07:04 AM
RE: Using Airbnb to make money - tarquin - 05-30-2015, 02:22 PM
RE: Using Airbnb to make money - BoneDaddy - 11-02-2016, 04:48 PM
RE: Using Airbnb to make money - BoneDaddy - 11-02-2016, 05:37 PM
RE: Using Airbnb to make money - BoneDaddy - 11-03-2016, 09:39 AM
RE: Using Airbnb to make money - Pointer - 11-03-2016, 10:17 AM
RE: Using Airbnb to make money - redbeard - 12-03-2016, 10:42 AM
RE: Using Airbnb to make money - BoneDaddy - 10-15-2018, 10:54 AM
RE: Using Airbnb to make money - BoneDaddy - 10-15-2018, 02:15 PM
RE: Using Airbnb to make money - BoneDaddy - 10-16-2018, 09:20 AM
RE: Using Airbnb to make money - BoneDaddy - 10-16-2018 03:35 PM
RE: Using Airbnb to make money - BoneDaddy - 05-17-2019, 01:58 PM
RE: Using Airbnb to make money - BoneDaddy - 10-18-2018, 01:07 PM
RE: Using Airbnb to make money - redbeard - 04-21-2019, 08:19 AM

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