Our condo in Northern Michigan continues to provide a strong and reliable stream of income. Thank you, pent-up pandemic demand! Since we opened our Airbnb Experiment for business back in 2018, the area has become even … [Read more...] about Airbnb Profitability Makes for a Retirement Cash Cow
Airbnb Hosting Strategies
Have you ever thought about turning a condo or apartment into a cash-flowing business? These posts share helpful resources including host checklists for setting up your new pad. Then decide if hosting on other platforms like VRBO are worth it.
Becoming a host is easier than you might think! Check out these posts and decide for yourself if the little bit of effort is worth the extraordinary income potential.
If you've recently taken the plunge into Airbnb hosting, you'll quickly find yourself swimming in a proverbial sea of variables. Everything from pricing strategy to marketing and finding a reliable cleaner. It's … [Read more...] about Optimize Your Airbnb With the Book “Get Paid for Your Pad”
Finding the market supply of long-term rentals incredibly tight, we decided in late 2017 to invest in a condo in Northern Michigan. This wouldn't be a long-term rental. Nope. In this summertime tourist hot spot, we'd … [Read more...] about Tips for Airbnb Hosts Setting Up Their First Rental
Finding a dependable cleaning crew for your Airbnb can be a difficult task. When you find a good cleaner, you then need to coordinate turnovers - making sure both the host and cleaning crew are on the same schedule. Thank … [Read more...] about TurnoverBnB: Coordinate Airbnb Cleaning With Ease
I'm happy to report that the inaugural year of our Airbnb Experiment concluded in December with excellent results. How much can you make with Airbnb? Well in our case, we made about $12,000 in net revenue for the year … [Read more...] about How Much Can You Make With Airbnb? (An Experiment)
Now that we're back from vacation and the kids are off to school, it's predictable … inevitable … that summer is abandoning us. At any rate, we'll soon be greeted with weekends of iffy weather. The kind of weather that … [Read more...] about How to Take a Great Photo Every Time
I have a confession to make. I'm now hosting our new vacation rental on VRBO, having started our listing solely on Airbnb. I've had to learn to love those pricey VRBO owner fees ($499 per year - read on). and a user … [Read more...] about New Hosts Need to Know: Is VRBO Better Than Airbnb?
If you think your Airbnb rental business needs an LLC, this post is for you. If you've ever tried learning a subject in earnest, only to wind up more confused than when you started, again, this post is for you... So what … [Read more...] about Do You Need an LLC for Your Airbnb?
As a bachelor, I spent the better part of my twenties not giving a rip about the interior décor of my apartment. A few relationships later, I came to understand the value of not living like a pig when it came to impressing … [Read more...] about How to Make Your House Look Like a Palace
Here's a post for anyone who gets shivers down his or her spine at the prospect of regularly tracking his or her expenses. One of the most powerful tools for saving for early retirement is the humble, simple, elegant … [Read more...] about How to Use an Excel Spreadsheet for Your Budget (w/Download)