.NBCNewsBETTER: If you are going to be a host, it’s worth understanding the reality before you welcome your first guest. Here are some key details experts say to keep in mind.
Sally Miller left corporate America when her first child was born to spend time with her growing family. But this also meant the family income took a hit, so she started exploring ways to make money from home.“I wrote our Airbnb listing to appeal to families — emphasizing the backyard, safe neighborhood, kids’ toys and equipment,” she tells.
Sally Miller wrote her Airbnb listing to appeal to families - emphasizing the backyard, safe neighborhood and kids toys.This common side hustle attracts many who are looking to make money off an existing asset: their home. About half, 54%, of those who own their own home say they’d consider renting it out through a service like Airbnb,Airbnb hosts make, on average,, according to research from low-interest lender Earnest.
And for every story like Miller’s, there are also horror stories about terrible guests, broken furniture and run-ins with local law enforcement. Oneabout spring breakers who destroyed a Destin, Florida condo after “partying like rockstars for a week.” If you are going to be a host on Airbnb, HomeAway, VRBO or any of the other rental sites, it’s worth understanding the reality before you welcome your first guest. Here are some key details experts say to keep in mind.Even if your home is perfect for you, it may not be for guests. So some redecorating is usually in order to eliminate the clutter and furnish the space. Even if you’re just renting out a spare room, you may need to invest in a new bed frame and mattress.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
L.A.’s new Airbnb rules bar short-term rentals of second homes and some apartmentsAfter years of debate the city placed restrictions on what properties can be short-term rented and the activities of renters, which went into effect July 1.
Read more »
Here's how to figure out how much money you need to retire earlyFor many people who pursue FIRE, there's a savings target they want to hit, at which point they will have reached financial independence, as they define it, and be able to retire on their own terms.
Read more »
Here’s where the big money in marijuana stocks will be madeWhen the U.S. government legalizes marijuana, national pot brands will sprout, writes Vitaliy Katsenelson.
Read more »
L.A.’s new Airbnb rules bar short-term rentals of second homes and some apartmentsAfter years of debate the city placed restrictions on what properties can be short-term rented and the activities of renters, which went into effect July 1.
Read more »
We Finally Know The Real Reason Justin Bieber & Selena Gomez Split For GoodAll we know is if you treat someone poorly and never make amends for it, it’s probably always going to haunt you.
Read more »
There's a Trader Joe's Food Recall Right Now—Here's What You Should KnowPay special attention when you're cooking with fresh vegetables this week.
Read more »