Keep a sort of business plan that details these types of numbers, plus what your goal is for your Airbnb and how you plan to run it smoothly and effectively.
Staying on top of this sort of stuff will allow you to pivot easily and make decisions based on logistics, not emotions. how much you’re bringing in, how many guests you need a month to make it worth it, how much competitors in your area are charging and how you stack up. While you might be getting into hosting a vacation rental as a side hustle or hobby, it’ll also be bringing in money in exchange for lodging, so it IS a business, too! Be in the loop with your numbers: what your expenses are vs. ( And check out this episode of the podcast for an even deeper Airbnb dive!) 01. Keep on reading to pick up my top 10 tips for running a successful Airbnb that’ll get 5-star ratings every time and keep trekkers coming back again and again. If you’ve ever thought about renting out a second home, or a spare room, then I want to help you make it as seamless and simple as possible to share your cozy corners with travelers from all over. And while it’s doable alongside being an entrepreneur who lives in the Midwest, running a successful Airbnb from afar does take some intentionality and time. We escape to The Kutcher Condos a few times a year, but did you know we also rent out both of our Maui condos all year long to vacationers escaping to the islands? Yep, it’s one of our favorite side businesses because we get to share the sunshiny goodness of our favorite place in the world with people from, well, all over the world.
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