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Updated almost 9 years ago,
Collect Annual Income by October - My Airbnb Experiment
My first Airbnb stay was in San Francisco in 2012. Right then I knew this concept had legs - it's awesome for reducing your PERSONAL EXPENSES. However back then, it wasn't my first choice for a path to exceeding a landlord's income.
But since short-stay are now main stream and there are smartphone apps to manage the bookings, a landlord has a good shot at netting more as a short stay provider than as a traditional 1-year lease.
However landlords can't act like home sharer and make an above baseline profit. Short-shorts (one - two night bookings) should be left to home sharers and landlords should focus on long-shorts (month long bookings).
Check out my Airbnb Landlord Experiment. I'm on track to collect 12 months worth of income in just 10 months with my long-shorts strategy.
You might be able to do this as well... without running yourself ragged, without cleaning your rental yourself, without waiting for laundry to dry, and without answering the same tourist questions again and again.
Not that working with tourist isn't fun. It's very enjoyable... however it's typically not more profitable than a traditional landlord operation.
To get started with working with travelers (instead of tourist) check out Airbnb for Landlords.