Has this been discussed here before?
Im happy to endorse it. Ive done it for a few months now and I make more money from Air BnB than regular rent.
It does require more work, but its allowed me to hire my mother as a cleaner a couple times a week, which gives her money and something to do too.
The money I make beats regular rent so its worthwhile looking into if you live somewhere that tourists/holidaymakers frequent.
With 90% occupancy I make Double the income of regular renting. This has been surprisingly easy to achieve.
I'm just suggesting people check it out if you are renting a house/rooms out and havent heard of it before. You will need to weigh up pros and cons. I know some people would much rather less money for less stress/work that comes with permanent tenants. each to their own.
Its very review based, so be willing to lower your prices until you have had a few guests come through and achieved some good feedback.
Be aware of tourist seasons in your city and adjust price accordingly. 30% price increase in tourist season is easily justifiable.
is there anyone else doing it? whats it been like for you.
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