Airbnb are on a roll
as the world opens up and more and more people are starting to book travel.
We are seeing Airbnb's revenues explode.
They've been growing over 280% last year alone, and the average host
is making around $13,000 yearly on Airbnb.
Now in today's video,
I want to share with you how you can take advantage of Airbnb's growth
and how you can make money with Airbnb without having to rent your house.
So let's dove in.
Hey, welcome are welcome back to the channel.
My name is Laura and on this channel
we talk a lot about freelancing, working from home, online jobs,
remote jobs, and how to make money online to reach financial independence.
And as I said in today's video, we are looking at ways to make money on Airbnb
so you can take advantage of their growth
and not have to rent out your own house or your own property.
So the first way that you can do
that is with what I'm calling nontraditional rentals.
And I'm going to share my screen in a second
and I'll show you exactly what I mean,
because I think this is a brilliant way for you to make money on Airbnb.
It's quite easy.
It doesn't require a lot of investment,
and you don't need to have a house that you are going to rent out.
Okay. So let's take a look at my screen.
When you're on Airbnb dot com, you can see here at the top,
they have a lot of different types of rentals.
But when I say nontraditional rentals, what I mean is that you would rent out
places like a tent or like a camper or like a year out,
because for those you don't need to have an actual house.
You will take advantage of the opportunity to bring people to stay in a tent
or in a year or in a camper that either you might already have
or that you could buy for quite little.
So we're going to take a look at what does that mean,
how much you can make, and then how much investment do you actually need for this?
As you can see, we have here camping options
where people are renting out either tents or campers
in different locations around the world.
So, of course, the amount that you're going to make for a few days
or a week stay or maybe longer stays depends a lot on where you're based
and where the camper or the tent or the you're is going to be set up.
But as you can see, you can go very easily on Airbnb
and filter for your own particular location
and see what's the average price that you would be able to make.
And from there, you can of course, see whether you offer a more rustic set up
or whether you want to offer a more luxurious one.
Glamping is huge nowadays, so definitely look into something like this
because with one luxurious tent
or you would be able to charge a lot more for basically
the same offering of people being able to come in and spend some time,
ideally somewhere in nature where you have a beautiful view.
It's great if it's next to a national park,
you should consider having access to a water supply, maybe be close
to a place where they can use bathrooms and restrooms and toilets and so forth.
Let's take a look at some examples.
In the U.K., there are charging 770 francs for a week.
This is about 750 to $800, France.
1300 for something that looks more like a luxury tent.
Poland.
483 for a week stay.
Croatia. $2,000.
But this definitely looks like a much more sophisticated tent.
Lithuania. 300.
For about one week's stay.
So depending on where you're based, you can charge more or less.
Now, let's see if you don't have a camper or a tent that you can use.
How can you get around that?
Well, the easiest thing that you can do
is go to AliExpress and search for a tent or a yard.
And as you can see, you can easily buy one for two to $300.
You can obviously choose how luxurious
you want it to be or how spacious you want it to be.
But with an investment of two to three, maybe $400,
you can rent that out multiple times throughout the year.
And even if you only have one week booked in a month, you can easily do the math.
You would be able to recover that investment
pretty much no matter where you live in a month's time,
maybe two months, and then everything else is going to be profits.
Definitely lock into these alternative accommodation rentals
because renting out a camper or a yard or a tent or even a tree house
would be something that you would be able to list on Airbnb
and you would be able to make passive income out of it quite easily.
The second idea that you should consider, in my opinion, is Airbnb experiences.
The reason why I love this so much is because it's very non capital intensive.
You can literally offer anything that can be done
as an experience around the area where you live.
What experiences means is that you would be offering
people who are coming to visit your town or city or region.
Something that is interesting for them to do.
That could be a home cooked meal that is of traditional cuisine,
or it could be a walking tour, or it could be an activity
like canoeing or paragliding or wine
tasting or any kind of experience that you think
people would be interested in having while they're coming to visit.
Let's take a look.
I'll share my screen again and see what you can offer and how much you can make.
All you need to do is go to AirBnb.com forward slash experiences,
and there, as you can see, it says there are unforgettable activities
hosted by locals while some of the writing is in German.
I will show you and explain and obviously many of
the words are the same so it's quite easy to understand.
So as you can see, some people offer hikes.
Some people offer tours.
Some people offer a chef experience is for a walk in Zurich, paragliding in
LA, share an urban bike tour, vintage cheese and chocolate workshop.
The reason why I really, really like the offering of Airbnb experiences
is because you get to scale, you charge a certain amount per person,
and if you're able to cater to larger groups and you can bring people along
and have maybe a group of five or ten or maybe larger
group of people, then you get to charge that times five or ten or 20 people,
which means you can make a pretty nice income in the same amount of time
Here in Switzerland, people are charging between 25 and I think 119 francs
or less is about 100, $110
per person for that particular experience.
Of course that might not happen, that you have customers booking you
every single day of the month, but you can do a quick math in terms
of how much you could earn in your area
for something that you could potentially offer.
The third option that you can consider is offering services to people
who have listings on Airbnb that would be freelancing type of services.
And there are plenty of ideas that I want to show you
so you can get a sense of what could be something that you could offer,
what is aligned with your skills and how much you could potentially make.
So let's get back to my screen.
I'm going to use Fiverr as an example just because I want to give you a broader
sense of what is out there and what you could be offering.
And if you simply come to five dot com and type for Airbnb, you already
get a sense of what are all the ideas of services that you could offer.
You could help people promote their Airbnb listings.
You could be a virtual assistant for somebody
who has an Airbnb listing and maybe help them with bookings
and help them with their check ins and check out.
You could help people write their listing.
You could help them create a web page for their listing
or specifically with leveraging the Airbnb app.
So I'm going to just go and search broadly for Airbnb related services
just because I want to see
kind of how much people can make offering this type of services.
So here it says, I will customize luxury digital welcome book
house manual guidebook and it starts at somewhere
probably 1490 $9.
I will improve and optimize your Airbnb listing in just one day for $10.
I will provide you advice on Airbnb and short term
rental businesses for $100 professionally write a tailor made
Airbnb listing description that is for again $100.
I will manage vacation rental properties for probably $10
I will co-host and manage your Airbnb and other listings.
I will be a virtual assistant.
I will create your Airbnb guest welcome brushwork.
Honestly, no matter what kind of services and skills
you have to offer, there will be some way to connect them to Airbnb.
Many, many examples here, many ideas.
Now you know what you can offer and where to go
look for ideas but also potentially offer your services.
Example number for that I want to talk about today is a rental
arbitrage and essentially what this means is that you would find somebody
with a property that you think would look great and would have good traction
or on Airbnb and they would be willing to rent it out
for a longer period of time and then you rent it yourself from them
and then you posted it on Airbnb and rent it out
on shorter periods of time at a higher rate.
And essentially what that means is that you would be making a profit
between the amount of money that you make for renting it out on Airbnb
and the amount of money that you need to pay to the owner yourself
for the longer term rent.
Now, this is not something that I would encourage you
to do or recommend that you do unless you have,
let's say, capacity for negative income.
You never know whether you will make enough money
in a month to cover for the rent that you yourself need to pay for.
That property.
However, this is a great idea if you have that capacity
and you can definitely manage longer term to balance that out.
And for sure make a profit as well.
An idea number five that I think is definitely a great one to consider,
especially given the latest announcement that the Airbnb CEO
has shared broadly with the public of them.
Going into permanent work from home is to actually get a job working for Airbnb.
You can go ahead and watch this video that I posted recently where I talk
about everything you need to know in terms of how to get a job with Airbnb
working for them, work from home, the jobs that they have available
and how much you can make.
I hope today's video was helpful.
I hope you enjoyed it.
Thank you so, so much for watching.
I'll see you next time. I