Are you looking for a side hustle? Need a couple of extra dollars in your pocket? Whether you have a property or not, I have some information for you. Airbnb is one of the hottest short-term rental marketplaces out. While many people who use the site to rent out properties own them, you don’t have to. There are several ways you can make money on Airbnb without owning property. Follow along for more information now.
I know a few people who own Airbnb properties. One way they manage to do that without having a property is through the use of a corporate lease. This is also a viable option for people facing subletting issues. It’s a legal process where you sign a lease agreement under an LLC rather than as an individual. Under a corporate lease, a single person is not limited to the use of the property. Instead, you can sublet it short-term with minimal to no restrictions.
Instead of leasing or owning a property, manage others. You can manage the properties of friends and family. A friend of mine reaches out to people with second homes and offers to list their properties and handle all their bookings for a small fee. They also reach out to people near forclosure or with tax liens, who may be eager to earn money.
If you’re not looking to rent out a property, you can sell experiences. Do you know a lot about the history of your local area, have any quirky hobbies, or are you an expert host? If so, you can craft unique experiences where you live and attract paying customers that way. Some of the common ones I often see are kayaking trips, culinary expenses, and food and wine tours. Prices on such experiences range from a few dollars up to a couple of hundred dollars depending on the experience.
If you’re looking for a new way to bring in some money, why not check out Airbnb? While many people use the site to rent their properties, it’s not a requirement. You can make money off Airbnb without a property by doing several things to include property management, corporate leasing, and hosting experiences. Check out the posted video for more information on how you can make money on Airbnb without owning property.
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Shatel Huntley has a Bachelor’s degree in Criminal Justice from Georgia State University. In her spare time, she works with special needs adults and travels the world. Her interests include traveling to off the beaten path destinations, shopping, couponing, and saving.