This is providing an income to support their travel.Ģ) Airbnb a room in your home. When people think of Airbnb they often think of it as using their whole home but renting out an individual room can be profitable. There are also instances where people have moved out of their home and into a smaller house so that they can profit from using Airbnb. Some couples have moved into their motorhome leaving their primary home to Airbnb. If you are mortgage free, that’s cash in the bank. (You’ll still have utility bills to pay so that will cut into your profit a bit.) If you can Airbnb your home for 25 nights a month then that brings in $3125 putting you $1325 a month ahead. Let’s say you could rent your home to a long-term renter for $1800 a month vs. Now it might be easier for you to find a long-term renter for your home but if your home is in a tourist area or a hot location, using Airbnb might be a profitable venture for you. Perhaps you are traveling for an extended period or maybe your job is relocating you for a year or two, either way using Airbnb is an option.

Here are six ways to make money with Airbnb:ġ) Airbnb your own home. There are a variety of reasons that you might have the opportunity to rent your home out. Yes, Airbnb can be time consuming depending on how much of the work you do yourself, such as repairs and cleaning, but in the end, you’re adding an income source.

With that said, there are tons of areas across the country and the world that still allow Airbnb’s and that creates some opportunity for you to make some money.

Taking a deeper dive, some homeowner associations are banning the use of Airbnb’s in neighborhoods due to traffic and parking issues. Many cities are starting to regulate the use of Airbnb’s with restrictions on how and where an Airbnb is legal. Airbnb has grown tremendously over the years in popularity, although it’s not a risk-free endeavor.

Making money with airbnb