This year, when Sebastian and I did our taxes, we filed $7,000 in additional income. That income was generated by hosting strangers in our apartment when we went away, using the travel website
Airbnb.
Airbnb is a community marketplace aimed at connecting people who need a place to stay with those who have unique and desirable space to rent. The service offers travelers an alternative to hotels and traditional bed and breakfasts, while giving hosts the opportunity to make money off of available property. Using the site, one can list a
couch to sleep on, spare bedroom, full home, even a
tree house or
boat, as a bookable rental. The company will send a professional to photograph a space for free, and the photographer’s visit earns the listing "Airbnb Verified" status (a stamp of legitimacy), so it that can be trusted by wary renters.
Since listing our
three-bedroom Brooklyn apartment on Airbnb (as a two-bedroom rental– we keep one room private) a year ago, we have rented our home to 12 different groups of guests for a total of 31 nights. We have an "Overall Guest Satisfaction Score" of 5/5 stars, and have collected a nice set of positive reviews to support our listing. Each positive review improves our apartment’s ranking in Airbnb search results, which prompts more reservation requests and bookings.
Because we use the service so regularly (we host almost every time we go away, which is often), we are regularly asked for advice. The following is a list of some of the extra things we do for our guests, as well as a few tips for streamlining the hosting process.