Airbnb Side Hustle: 10 Moneymaking Vacation Rental Gigs Beyond Renting Rooms
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About this ebook
For many homeowners, renting a room or home on Airbnb is their side hustle. But for entrepreneurs, Airbnb has opened up a doorway to get creative, launch exciting side-business ventures and pursue new passions, all while generating steady streams of income, without having to rent a room. Read this Airbnb Side Hustle playbook for 10 innovative business ideas that can help you be your own boss, express your creativity and make money on the side!
Rachel Prince
Featured in INC. magazine and the front page of the Indy Star for her savvy entrepreneurial vision, Rachel shares a passion and expertise for real estate and short-term renting. Rachel is the author of, Airbnb Mentality, Airbnb Side Hustle and The Art of Airbnb Real Estate Investing. Books available online at amazon and barnes and noble. These books reveal some of the deeper emotional intricacies that becoming a Rentalpreneur may incite; including her own challenges moving from a renter struggling to pay her rent to coaching people around the world how to pay theirs. Rachel interviews Airbnb hosts and influencers regularly on her Airbnb Entrepreneur podcast available on Soundcloud and Itunes. Among those interviewed are hospitality expert and author, Joseph Micelli, as well as Forbes featured, self made millionaire, Chirag Kulkarni. Rachel graduated from Bowdoin College a #1 rated private liberal arts school in America. She received a B.A. double major in International Relations and Spanish. In 2017 Rachel relocated her Airbnb real estate business to the Indianapolis market with FC Tucker real estate firm, and has launched the Airbnb property management company, Hosts of Indy, LLC. Rachel works with Home buyers, sellers, investors and hosts from all over the nation on how to best identify, purchase, convert and optimize their Airbnb homes. Rachel is passionate about teaching her clients the Art of Home Sharing so that they can enjoy the lifestyle they most desire. She grew up working in the hospitality, travel & event planning industry. She is also a documentary filmmaker featuring gold medal Olympic athletes and her yoga company was featured on the Today Show in 2008.
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Airbnb Side Hustle - Rachel Prince
INTRODUCTION
AIRBNB QUICKLY BECAME a billion-dollar platform based on a simple concept of allowing individuals to rent residential properties for short durations. But what you may not realize is that in doing so, Airbnb indirectly opened a need for tools and services to support this massive movement.
For many homeowners with full time jobs, renting their home or room on Airbnb is their side hustle. For others its proven to be full-time work. But for entrepreneurs like me, Airbnb has opened up a doorway to get creative, launch exciting side-business ventures and pursue new passions, all while generating steady streams of income, without having to rent a room.
I know, this sounds like a infomercial for Airbnb. But the reality is, Airbnb changed my life. I started out renting a room on Airbnb, then my entire home, then I started consulting friends and family how they could do it. After that I got my real estate license and started selling investors homes and teaching them how to get set up as rental entrepreneurs. It was only a matter of time before I realized the need for all the many other services within this arena.
Airbnb has made my life as an entrepreneur so much easier bringing clients right to my doorstep at the click of a button, literally. I can truly say it has allowed me to enjoy the ride more and expand my business ventures in ways I only dreamed. It has become a passion worth pursuing. So, if you are one of those people still looking for your dream job, sorting out your next steps to get closer to a career you’re passionate about or desperate for supplemental income, short-term rentals might just be your solution. Read on to find out, step by step, all of the ways I’ve successfully diversified and capitalized on the fastest growing industry in the sharing economy.
Side Hustle 1: Start an Airbnb cleaning service
DECADES AGO, CLEANING businesses only served wealthy individuals who didn’t want to be disturbed with the tedious work of housekeeping and had enough cash to pay professionals to clean for them. These days, however, the market no longer includes only wealthy families but also people of all demographics worldwide. The cleaning business is a fast-growing billion-dollar business, and starting one costs little to no money. Today, cleaning Airbnb homes is one of the easier ways to make money on the side! It’s also a full-time business and many cleaners can earn more each month than a co-host property manager.
An Airbnb cleaning business is still work, though. I cleaned my fair share of toilets when I was just starting out. It can be an excellent money source