Renting Out A Spare Room on Airbnb... Is It Worth It?

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I wish you had done it with someone that is actually renting a room in their house. That situation is much more interesting because it has so much more inherent problems attached to it.

kirillmitchell
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The person you interviewed had the perfect setup / floor plan to still have privacy for her and the renter. It’s not like you have a stranger living down the hall or in the basement…

nitasmith
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As someone who’s done this, it’s really awkward and time consuming. The cleaning, the calls, the weird people, I much prefer a permanent roommate.

CaseyBurnsInvesting
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Some towns won't let you rent out a portion of your house so it's good to know those laws before deciding to buy something with the intention of supplementing your mortgage via Airbnb.

suelyons
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My fiancé and I used Air BNB for the first time a couple weeks ago and stayed at one very similar to this, it was a basement apartment type thing in someone’s actual house. It was a great experience! They had a separate entrance and gorgeous views and we were mutually respectful so it worked out very well.

electricpenguin
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I would absolutely do it if it was a separate unit with no access to my living space. And I would absolutely NOT if it was a room in my own house.

WishAtElevenEleven
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People renting out just single rooms in their home/or their own bedroom, is what I believe Airbnb was originally intended to be. It has kind of become something people really make a living doing and where people are buying house/space JUST for the purpose of turning them into an Airbnb, but it really was meant to be more simple like "oh I'm going to be out of town or I have an extra room I'm not using, hey I can just rent it out a few days a make a little extra money here and there without really doing anything", similar to how ride-sharing was intended to be, now a lot of people do it full time, but it really was made to be like "hey Im going to this place, I'm sure SOMEONE else also is, it would be cool if there was a way to just connect and find a person to give me a ride instead of going through a cab company"

Bubby
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4:23 you could actually sit at an angle so that you are facing each other while also looking at the camera, because I feel like this was awkward for her, u know, to choose where to look, at shelby or at the camera...

RobettanGaming
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I love the simplicity in the Airbnb room. The way she's made it look so clean and open makes it feel inviting!

monicalianna
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I rented 2 rooms on AirBnb for a few years. It covered the mortgage, condo fees and utilities. I used it to pay down the mortgage. I became a Super Host which is a definite a plus because renters know that the place and the host is reliable. I attracted longer term renters (6 weeks to 3-4 months) because I was close to good public transit and was not in a tourist zone. I meet lots of interesting people. People from 20 different countries in all. Some on internship, students, business types on contracts or courses and the occasional short stay tourists. AirBnB is good to the hosts. They respond promptly and handle the money, so no hassles there. It does get tiring in the long run as you are always on duty, so to speak.

trails
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There's no doubt I would do this if it paid for all my rent and it was as convenient as Michelle explained it to be! I once heard about a guy who rented out part of his house to people he knew and trusted so that he could pay off his mortgage faster. I thought it was super creative and smart.

karmen
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I noticed they have allt of these types of Airbnb’s in Seattle. I’ve stayed in 4 Airbnb’s there that were all basements, where a permanent owner lived on the property, but there was a separate entrance. It wasn’t bad at all!

lizr
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Some towns won't let you rent out rooms or portion of your home through Airbnb without a permit or following specific rules.

ellam
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This was really helpful ! I just bought my first house and I’m hoping to do the basement as an Airbnb . I have no kids so I figured it would be good to at least try it and make a little income .

Camilamaguna
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I've been renting out rooms on my own since 2012 using Craigslist. Mixed results, but mostly positive. It's paying for my house and most bills. Obviously, 10, 000 hours to master any skill applies to this as well. Had to get over my "Party-House" days and "renting to friends" days. It's just a business. Find responsible people and try to keep them. Get rid of bad people ASAP.

ai-man
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In the UK, the have this called Bed & Breakfast (b&b). When I was working in the UK for a while, I stayed in b&b and paid the rent weekly. ( Rented a room in the owner's house ). The rent included breakfast. I stayed with the owner and shared kitchen and all utilities. The owner changed the bed sheets weekly. (Rent was British Pound 87/week). For one year, I moved from one b&b to another then I ended up renting my own place for the second year. It was a nice experience... 😃 That was in 2001-2002.

pjasmine
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As someone who plans on traveling in different parts of the US while I can and ideally staying in said AirBnB rentals for a few month, this was definitely interesting to see the lister’s perspective. Keeping this in mind when I begin my impulsive travels and even for future real estate endeavors

nickagrinzone
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Nice video 👍successful people don't become victorious overnight. What most people see as a glance wealth, a great career purpose is the results of hard work and hustle over time. I pray that anyone reading this will be successful in life.

jennylingard
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We did this in our home on Vancouver Island in Canada. Had 100% occupancy and it was fun to meet people from around the world. Would do it again

lisagvojich
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This is awesome! I would probably do it if I had a separate unit but if it was a room in my own space then probably not. Great video!

JonathanSorunke