How Does an Airbnb Business Work?

 The first step is to become a Passive airbnb host and register your property by submitting photos and descriptions of the space for rent. Once a property is listed with Airbnb it can be viewed by travelers looking for accommodation in the host area. Guests can search the Airbnb listings using a variety of criteria such as:

  • destination
  • dates of availability
  • price
  • number of rooms, bedrooms, and washrooms
  • amenities such as breakfast, hot tub, pets allowed, etc.
  • host language
  • facilities such as parking, air conditioning, etc.

Before booking a chosen accommodation through Airbnb the guest can contact the host directly for further information via the Airbnb messaging service.

Access

As well as browser access, Airbnb has mobile apps for Apple IOS and Android devices.

Security

For security purposes, hosts must provide acceptable identification to Airbnb. To build a trusted community, travelers can post reviews of accommodations (and hosts can review guests). Reviews are not anonymous.

Guest Services

For guest peace of mind, Airbnb provides a secure payment platform and payments to hosts are withheld until 24 hours after guest arrival. Airbnb has a 24-hour guest hotline in case any issues are encountered during the rental period.

Fees

The host sets the price for the lodging and Airbnb charges the following fees:

  • Host: 3 percent payment transaction fee
  • Guest: 6-12 percent booking fee

Hosts may require a security deposit and may also charge a cleaning fee.

Taxes

Depending on the jurisdiction, Airbnb may apply state, provincial, or city taxes to guest bookings.

Is Passive Airbnb Legal?


This all sounds good. But is this all legal? I don’t want to get into trouble with the law…

Good question!

Before you decide to start an Airbnb business, make sure you are legally allowed to become an Airbnb host in your jurisdiction, and you are prepared to follow local laws and regulations!

How much have I made from Passive Airbnb? 

There are probably a ton of different blogs showing you how to run a vacation rental business.

Have you stopped to think if these so-called “gurus” have actually done any of it? In order to differentiate myself from others, I am going to show you some real numbers from my Airbnb account.

Now, it is not my intention to impress you, but rather it is to let you know that I am a real person, who’s been doing this for less than 6 months.

What is my takeaway for you? 

If I can do this, then I’m sure you can as well. Okay, Sam.

Can you please shut up and show me some numbers?

You are right. Numbers do not lie… Let me start by showing you my very first month and my very last month, which is the month of August.

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