Though making money with Airbnb takes quite some time and effort, many people are joining the sharing economy. Find out how to make your business profitable.
Renting your home on Airbnb may not be covered by your homeowners insurance if it is considered a business activity. Airbnb offers a free insurance plan called AirCover, but it may not cover all potential damages or liabilities. It is important to consult with a licensed insurance agent be...
Airbnb has changed a lot since its humble couch-surfing beginnings in 2007. What started as a way for homeowners to earn extra income by renting out their spare bedrooms has become a multibillion-dollar, industry-disrupting giant. The majority of travelers now rent entire residences rather ...
We’ve got more than a few features to mention that make Peerspace a standout option forrenting office space! Even though Peerspace has thousands of listings in its database, using the platform isn’t daunting. In fact, Peerspace makes finding and browsing those listings a total breeze. ...
How Are Airbnb Hosts Paid? It takes just a few steps to get payouts when you’re renting a space out. You can choose from PayPal, Fast Pay, and direct deposit bank transfers, and other options. You need to provide tax information. There is also a verification process that can take up...
Airbnb arbitrage, also called Airbnb rental arbitrage, is a business model that operates within the real estate and vacation rental market. This model involves an individual or company renting a property from a landlord under a long-term lease agreement and then subletting that property on a sho...
Myrtle Beach, SC has an even more pronounced seasonality than most Airbnb markets in the US. According to Airbnb occupancy rate statistics, the peak season is in March and July, while it’s close to 0% in November and December. This only makes sense considering that most guests come for...
Open a business without the hassle of managing inventory, packaging, or shipping. Learn more Own a private equity Owning a stake in a business can be a passive activity, depending on your level of involvement. Private equity refers to any money you directly invest into a company, contribute ...
While Airbnb has changed how people rent vacation spaces, it has not stopped the growth in the timeshare sector. Before the COVID-19 pandemic, annual timeshare revenue growth increased for 10 consecutive years, picking right back up again in 2022.4 ...
Airbnb also has a larger selection on offer. Not all of them will be strictly cheaper than a hotel, but with the variety of places to stay, you're more likely to find a home that suits your budget level compared to a hotel. This makes it the perfect choice for someone who wants to...