It is very satisfying to know that you have chosen the most low-cost accommodation, flight, or activity option while on vacation. However, sometimes, a little luxury is just the ticket. The good news is that it is possible to raise the extra cash needed for such high-end experiences by turning your home into an Airbnb. Read on to find out how.
Decide whether to lease a room or your whole home
The first stage of transforming your home into an Airbnb is deciding whether you will lease out the entire property, or just a room. Of course, this will depend on whether you play to be living in your home during the time you hope to lease it out. Indeed, if you will be off on your own travels over the summer, for example, it may be more profitable to lease your entire property out.
However, don't panic if you plan to be home, as you can still turn a tidy profit by leasing a single room to Airbnb guests, especially if it is slightly separate from the rest of your home, and has facilities like its own bathroom.
Depersonalize and declutter
Once you know how many rooms you will be leasing, it's time to remove some of the more personal items and declutter the space. There are two reasons that this stage is important, the first being that it isn't a very good idea to leave private or precious items in the space you will be leasing.
Secondly, by depersonalizing and decluttering the space you will make it more comfortable for anyone looking to stay. Although, it is worth noting that Airbnb guests, as a rule, don't tend to expect a completely minimal or blank canvas, as they understand that they will be leasing someone’s home rather than a dedicated holiday apartment.
Make it as quick and easy to clean as possible
Next, if you want to transform your home into a successful Airbnb you will need to make a few changes and investments to ensure that it is as easy to keep clean and tidy as possible. In particular, investing in several sets of good quality bedding is essential, because this will allow you to have one on the bed, one in the wash and one ready to go at all times, which is vital for a fast turnover of guests.
Also replacing flooring in the rooms you will lease out with something fast and easy to keep clean like parquet flooring is a great idea. Then you won't have to struggle with a vacuum every time you have a guest change over or need to worry about dirty or stained carpets.
Decide when to lease it out and for how much
Last, of all, you will need to decide when you will lease out your home, and for how much. Of course, the higher rate you can pull in the more money you will have for your own travels. Although it is worth noting that pricing your space competitively in your area is likely to get you the most bookings each season.
