Airbnb Startup Guide: Building Wealth with Airbnb - How I used Airbnb to create a lucrative income

I was failing financially. I had a dead-end customer service job and owned a failing laundromat. I needed a quick way to get out of debt and become financially free. I took a stab at renting my apartment out on weekends when I was out of town using Airbnb-and it paid off.

When I started renting via Airbnb, I had yet to learn what I was doing. I was trying to make a quick buck. I made an account listing my apartment with only a few photos. I made about $9,000 that first year but could make more if I did something right.

I quickly changed my strategy. I needed to approach this whole Airbnb thing like a true business. I took a look from the inside out and tried to make it the best business that I could. I adapted new strategies and brushed up my listing; the rest is history! The next year, my bookings and sales nearly doubled. Now, as it's not even my full-time job, and I only rent at specific times, my Airbnb side income brings me in over $50,000 per year.

With the right approach, you can turn your space into a hosting platform that easily accommodates people from all walks of life and cultural backgrounds. Guests can step into your home and stay as long as they want without feeling homesick.

I share everything I have learned about Airbnb since 2013 in my book Airbnb Startup Guide-Building Wealth with Airbnb. You will learn from my years of experience as I show you how to start, run, and grow a business with Airbnb and short-term property rentals. Don't worry-in most cases, you don't even have to own a house!

You will learn all about these topics:

• My Personal Journey to Growing a Successful Airbnb Business
• Airbnb Terminology Worth Knowing
• An Overview of Airbnb
• Understanding the Advantages of Airbnb
• Understanding the Disadvantages of Airbnb
• Discrepancies in Property Descriptions
• The Effect of Covid-19 on Airbnb's Cancellation Policy
• First Step to Becoming an Airbnb Host
• How to Create a Striking, Long-Lasting Impression with Your Listings
• Familiarize Yourself with the Local Laws
• Pricing Advice
• How to Create a Cancellation Policy
• How to Become More as An Airbnb Super Host
• Creating a Great Listing on Airbnb
• The 7 Available Property Types
• Airbnb Tiers such as Airbnb Plus and Beyond by Airbnb
• Investing in a Property
• How to Pinpoint the Ideal Cities that Promote Airbnb
• Conducting a Comparative Market Analysis (CMA)
• Optimizing the "Rental Arbitrage" Platform
• How to Minimize Costs and Maximize Your Profits
• Potential Rental Generation for Long-Term Rental
• Legal Options to Consider
• A Listing of General Expenses
• Legal Issues Concerning Bed and Breakfast/Hotel Services
• Self-employment taxes - Medicare and Social Security
• Handling Positive and Negative Reviews Effectively
• Resolving Other Challenges Experienced with an Airbnb Business
• How You Can Expand Your Real Estate Properties Via Airbnb
• Examining The Impact of Property Location on Your Listing