Rent a Room Using Online Help
By Steve Gillman
For some extra cash or more, you can rent a room in your house
or apartment to travelers or others, and there are sites that
will help you do it. The biggest among them is airnb.com, where
you can list a room, garage, or couch for rent for free. They
then find customers for you and charge you a 3% booking fee.
Guests pay a fee as well, in addtion to the rent.
According to a recent article in Forbes magazine, there have
been more than 50,000 postings on the website. Rates start as
low as $10 for a futon in Brooklyn to $5,000 per night for a
huge vacation home in California. Airnb has apparently more than
700,000 nights so far. The average paid by guests is around $100.
Airnb offers some host protection features. They (or rather
their hosts) rent to vacationers, business professionals who
are in town for a few days or weeks, and people exploring a town
before moving there. You can use their site to rent out a room,
a sleeper sofa, an entire house, or, as they put it, "A
novelty property like a treehouse, boat, island, castle."
How Much Can You Make?
They have a calculator on their site which is supposed to
give you an idea of what you can make with your home, but do
your own research. Whn I typed in our town, I got this: "You
can easily make $1,778 renting your private room in Cañon
City, CO, US, per month based on 75% occupancy at a rate of $79
per night!" Given that we are not near the center of town
and the hotels which are there charge less than that, I doubt
we would have any takers for a $79 bedroom. On the other hand,
when events fill the local hotels I am sure we could rent our
extra bedroom out for something.
Ways to Make More | Related Opportunities
There are other outfits online that can help you rent out
your home or a room. Some of them are non-profits that encourage
exchanges of homes or rooms. Others, like HomeAway, charge for
listing your property.
Qualifications / Requirements
A place for someone to stay is all you need. It doesn't have
to be fancy, but it helps if you are in an area without too much
competition for what you're offering.
Sign up for an account on one of the websites that facilitate
renting your room, RV, or house, and list what you have to offer.
- The biggest site where you can rent a room; no charge for listing
- This one deals with vacation rentals and charges you to list.
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