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Make money from your home

by Chris | Earn money online, Reviews, Tips, Websites

Airbnb is great for affordable travel, but do you know how much money you can make from your own home? You may wonder why, but every postcode is a potential holiday, family visit, or business trip. PMPers are making up to £2,000 as Airbnb hosts, and they say there’s much more to enjoy than to fear. Here’s why you should become an Airbnb host

  • Additional income from £200 to £2,000 per month.
  • The UK is amazing, especially in Summer. We should “staycation” more.
  • Meet exciting new people, not “strangers”

Fifty of you kindly completed our survey about your experiences as Airbnb hosts. We were amazed by just how positive the responses were. Here’s a quick summary:

Would you recommend being an Airbnb host?

ALL of them said they were likely to recommend being an Airbnb host (with an average of 8.8 on a scale of 1 to 10)

How much money do you make as an Airbnb host?

Responses vary a lot depending on prices charged and whether weekend-only, but respondents made between £200 and £2,000 per month. Even £200 is a big income boost to a lot of us!

What would you say to someone who has a concern about hosting “strangers” in their home?

The Airbnb review system means you know what you’re getting and you don’t have to accept everyone. Communication between you, “strangers” and Airbnb is super efficient and nearly all of our respondents were overwhelmingly positive about meeting them.

What would you say to someone who thinks their area isn’t popular enough for airbnb guests?

There are so many reasons why someone might need accommodation. Visiting family/friends, on a business trip, etc. The holiday destinations may get more visitors, but they will already have more hosts, so it balances out. Our respondents say: Don’t assume your area isn’t in demand.

What would you say to someone who thinks their home isn’t in a good enough condition for airbnb guests?

The consensus here is that cleanliness and honesty matter far more than fancy decoration. People want a clean and comfortable place to stay and the piece of mind that where they are going matches their expectations.

We’ll be featuring some of the individual stories from our Airbnb hosts over the coming months. In the meantime, you can find out more here, including how visitors are vetted, and how your property is protected by their insurance.