Do you have a plot that sits vacant in your absence? Is there no one to take care of it, and it burns your heart that a place so beautiful has no occupants? And have you forever been on the fence about giving the place upon rent because that is just not your preference?
Well, Airbnb has you covered.
Airbnb basically offers owners a chance to convert their homes into homestays and allows guests to stay in their space for a certain amount of money. There is no better way of making passive income if you have extra rooms or extra plots to spare and you wish to monetize them.
How do you do that?
- The most basic step is to get your plot up and register it on Airbnb. It basically puts up an ad for millions of travelers out there to rent your space for a specified number of days – no strings attached
- Receive a booking – when you put your space up for grabs, you will definitely be approached by those interested. Airbnb charges customers before they walk in, saving you all the hassle of awkwardly asking for money.
- The moment the customer checks in is when you get the payment, right off the bat. No questions asked, no waiting expected. Your customer checks in, your amount credits in your account. Simple as ABC.
With Airbnb, no property now sits idle. If you have a good enough place but nobody to live in it, well, put it up on Airbnb and let others enjoy the spot, while you enjoy some extra cash. It is a win-win!