How to be a Successful Airbnb Host and Make Money
How to be a Successful Airbnb Host and Make Money
About the Book
This is a book about how to be a successful Airbnb Host., based on the Author's experience running an Airbnb apartment on his property. This book starts off with describing our experience, what you should consider before becoming an Airbnb host. It then moves onto pricing and pricing strategy (how to get the highest income). It then covers how to prepare for your listing then set it up on Airbnb. Then the book covers inquiries and booking reservations, as well as preparations and cleaning. Then the Guest's stay is covered, including what to do if there are amenity and guest problems. The book goes on to cover what happens once the Guest's stay has completed and this includes reviews and review responses. The book also has information about local government requirements, as well as paying income tax to federal and state.
About the Author
About the Contributors
I am an Englishman living in Atlanta, GA. I have been a software developer all my life.
Table of Contents
1. Table of Contents & Disclaimer. 1
Your Dream and Your Reality. 11
We Considered Alternatives to Airbnb. 11
Renting to Friends or Family. 12
The Good: Airbnb Has Only Taken 3%.. 13
The Good: We Met Interesting People. 13
The Good: Not Too Many Things Have Gone Missing. 14
The Good: Free Food & Drinks. 14
The Good: Becoming a Superhost 14
The Bad: Close Encounters of the Worst Kind. 14
The Bad: Unexpected Things. 18
What Kind of Guest do You Want?. 24
Why Are Guests Travelling?. 25
Why Would Guests Stay with You?. 25
How Do You Make Your Guests Happy?. 26
Your Stuff Getting Damaged. 27
Consider the Rental Like a Hotel 27
An Ounce of Prevention Is Worth A Pound of Cure. 28
Homeowners Association & Covenants. 29
Vacuum and Spot Cleaner / Carpet Cleaner 30
Conclusion / Start Off Slow.. 33
4. Pricing & Pricing Strategy. 34
Get the Most $$$ You Can by Pricing According to Demand. 36
When You Start, Price the Listing Low at First 36
Don’t Go Below a Certain Price. 38
Be Honest with the Cleaning Fee. 38
5. Preparations Before Listing. 45
Blankets, Sheets and Towels 45
Guest Book & Your Expectations. 48
6. Setting Up Your Listing. 52
Response Rate & Time Matter 68
How do Potential Guests Make Inquiries?. 68
Asking Questions of Your Own. 72
How do Potential Guests Make Reservation Requests?. 75
Receiving a Reservation Request 75
Responding to Reservation Requests 77
Requesting More Information. 78
Booking More Than One Week in Advance. 78
Booking Less Than One Week in Advance. 79
9. Preparations & Cleaning. 83
Remove Towels, Sheets & Trash. 83
Meet the Guests If You Can….. 86
If You Can’t Meet the Guests….. 87
Why Do You Get Problem Guests?. 88
Dealing with Problem Guests. 89
An Ounce of Prevention is Worth a Pound of Cure. 94
Hosts Should Give Guest Reviews. 94
Wait Before Giving Guests Reviews. 95
Review Visibility & Editing. 95
Our Worst Review – Breakdown. 96
Our Worst Review – My Response. 97
Our Worst Review – Conclusion. 97
Light Damages and Damage Claims 98
Decide If Making a Claim is Worth It 98
Your Place Gets Trashed... 104
12. Taxes & The Government. 107
Miscellaneous Income 1099. 109
Quarterly Estimated Tax Payments. 110
How to Get to the Saved Messages Dialog. 115
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