Don’t forget to loop in your insurance agent before you rent all or part of your home. Even if you’re just renting a room, you’ll want higher liability coverage. “If a tenant burns themselves on your stove, they’re more likely to sue you for that,” Dearing points out. Tell y...
Before starting an Airbnb, make sure you comply with local government restrictions. Regulators oftenrestrictAirbnbs to safeguard against landlords evicting tenants in favor of operating short-term rentals, or to ensure neighborhoods stay quiet and residential. Depending on the location, this means you...
The best way to rent your home to travellers and short-stay guests is through Airbnb. That’s due to the high demand for home accommodations from discerning travellers that wish to avoid the bustle of hotels and resorts while on business or leisure trips. It’s fairly simple tolist your h...
Before diving in, you'll first need to find out how your credit card issuer codes Airbnb transactions. Purchases that fall under the "travel' category most often include timeshares and hotels. But there are also categories like homeshares, homestays and rentals. Both Chase and Wells Fargo ...
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3. Make Money With Your House: Rent a Couch or Tent Site Airbnb.comprovides a way to rent out your extra bedroom or couch for the night. One of my friends uses this site to find a spot on couches when she travels. This may not sound like much, but she recently paid $50 per nig...
or the sand that always seemed to be getting in the house…or all the tourists. This means an extended scouting trip to the location you’ve picked out. This is not a two-week vacation. Instead take two months…three months to really get to know a place. You’ll have to rent a ...
1. Understand the legalities of Airbnb rentals in your area. Researching and understanding local laws that apply to short-term rental properties in your area is critical. Your city or state may require registration, permits, licenses, insurance or other stipulations. Some areas forbid the practice...
Contrary to the big hotel chains, Airbnb and vacation rentals benefitted from the COVID pandemic in search of exclusive, safe experiences in the domestic market. A leading online travel company, Airbnb, posted impressive numbers with a revenue of $1.5 billion, up 70% over the previous year...
Ever thought to yourself, “How much does it cost to rent out a restaurant for a night?” Well, we’re here to give you the 411 on that topic. At Peerspace, we’re in the business of helping you book incredible event venues, so we know this topic well. After all, we are the ...