Would you believe a $300,000 home could generate $5,000 a month in gross revenue? And that much of the work of maintaining your guest home can be automated?
I was intrigued when Boris from Build Your BNB reached out to me offering to write up a detailed account of he and his wife’s experiences as Airbnb hosts.
I’m a big fan of the platform. I’m writing this from an Airbnb rental in Spain in the midst of spending 4 out of 5 months in Airbnb homes throughout Mexico and Spain.
If you’re new to the platform, you can save up to $55 with $40 off your first stay and $15 off your first Airbnb experience with this referral link.
I’ve thought about ways we could become hosts ourselves, but I haven’t yet pulled the trigger on that. I
If and when I do, I will refer back to this post and to the other resources put together by my friends Dr. David Draghinas, Kevin Ha, and my new friends Susan and Boris.
How to Generate Over $5,000 Per Month With One Airbnb Property
In this article, we want to talk about how we’ve gone from zero to hosting nearly 10,000 guests per year and becoming financially independent primarily through our properties.
We’ll talk about how short-term rentals can actually be more stable, secure, and reliable than long-term rentals and how we automate most of the processes so that it doesn’t become a second full-time job for us.