4. Rent out your place by the day
It might sound a little crazy to allow a complete stranger in your home, but with Airbnb, there’s hardly anything to worry about. This service has exploded in recent years and anyone with a spare room can take a bite out of this apple. And why not, since Airbnb covers all bookings with insurance in case anything goes wrong?
To make the most out of it, make sure to rent your space during high-demand times. Even if you don’t live in a particularly touristy area, check out if there are any conferences around you or events outside of your own sphere of interests. Check concert venues around your area too as these tend to bring in plenty of eager visitors.
In order to maximize your experience and to get as many bookings as possible, it’s important to reply to inquiries as quickly as possible. Visitors are far more likely to pick your space if they know they can count on you with fast response times. Also, keep your calendar up to date. An accurate calendar will avoid messy cancellations.
Finally, remember to review your guests. They’ll reward you with the same courtesy, which will only lure in more guests!
