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I Put my Spare Room on Airbnb... Worth It? (my experience/earnings) - YouTube
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so in this video today I'm going to be
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talking to you about my experience over
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the last thirty days as an Airbnb host
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now I didn't really mention this
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anywhere on social media just because
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privacy reasons that I was doing an air
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B&B but I decided to test it out for
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about a month or so as one of these ways
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of making you know side income and a lot
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of people have been doing Airbnb s in
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the last couple of years I know
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personally I've stayed at probably a
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dozen or so different Airbnb E's and so
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I was always kind of curious about this
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business so the house that I ended up
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purchasing is a larger house 1,800
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square feet quite a bit of space for one
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person and so as a bit of an experiment
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and of course for the content I decided
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I would try out Airbnb for 30 days and
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so what I'm going to be doing for you
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guys is sharing my real earnings my real
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experience with Airbnb and also whether
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or not I think it's worth it to do it
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and whether or not I will continue doing
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my Airbnb listing but that being said if
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you guys do enjoy this style of videos
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where I'm documenting different
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money-making ideas in real life all that
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I ask is you drop a like on this video I
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certainly do appreciate that it helps
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out with the algorithm and allows for
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this video to get shared with more
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people and then lastly if at the end of
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this video you guys are interested in
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learning more about being an Airbnb host
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or you potentially want to sign up and
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host one of your spaces I do have a link
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in the description below for that it is
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an affiliate link and I do earn a
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commission from Airbnb if you do decide
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to use that link I certainly do
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appreciate your use of that link but
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again it is not required it's just a way
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to give back to me for putting this
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content together but that being said the
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very first thing I want to do is give
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you guys a tour of my Airbnb listing and
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show you guys what everything looks like
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okay so I'm downstairs in my house now
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and if you guys couldn't guess the type
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of listing that I went ahead and did was
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a private room so I do have different
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apartments here in this house that I
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purchased it's a main house with two
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apartments but I didn't have like a
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separate empty apartment so I ended up
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doing a shared room in
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my home on the second floor and the
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reason I was able to do that is because
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this house actually has three floors and
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I was occupying the third floor using
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the guest bed and I had a bathroom down
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here that I used so basically my guests
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had full access to the master bedroom
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and the master bathroom and those were
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totally private not being used by other
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people but the very first thing I did
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that was really convenient for this
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Airbnb that way I didn't have to worry
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about welcoming people as I set up one
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of these lock boxes on the door I'll
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show you guys what that looks like just
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so you know so when people showed up to
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check into the Airbnb they just entered
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a code on the door and then that allowed
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them to enter and then I provided them
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with instructions on how to actually you
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know get to the second floor and get to
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that bedroom but that was the initial
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check-in it was just you know putting in
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the code and then they would come
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upstairs to where the bedroom is and
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where the bathroom is so as you come up
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the stairs here it was actually a pretty
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decent layout for an air B&B because on
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the right is their bathroom and then on
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the left across the hall is the bedroom
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and then where I was is the third floor
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so totally separate area of the house
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than what they were having access to so
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the bedroom itself I will say this I put
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a decent amount of money into furnishing
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it and decorating it but I was planning
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on putting this money into this room
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regardless so this wasn't necessarily
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costs that were specifically associated
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with this Airbnb listing and then I'll
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show you guys the bathroom really quick
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and then I'll go into more detail about
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some of the different elements I
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incorporated in this Airbnb and so the
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bathroom obviously the jacuzzi tub is a
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big selling point and that was something
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I added in my listing and I think that
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got me a lot more bookings I had a lot
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of people very interested specifically
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just because this place had the jacuzzi
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so other than the furnishing of the room
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which I'm not really counting as an
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expense since I was going to be
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furnishing it anyway I did spend about
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$300 on some different supplies for the
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Airbnb one of the things I noticed early
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on is that the towels that I was using
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were not quick dry and it was taking me
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like three hours to dry these towels so
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one of the things I purchased was some
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quick dry towels another thing that I
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went ahead and purchased
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assorted phone chargers I always like
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when you stay at an air B&B and they
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already have chargers there for you so I
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bought like the three basic phone
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chargers that everybody typically needs
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I did a little candy dish here bought
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some granola bars and a case of water
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just because I know that when I stay at
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Airbnb I really like these little added
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amenities other than that I went ahead
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and bought robes for the bathroom just
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because if somebody's using the jacuzzi
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and then they want to go from back there
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into here they can just throw on the
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robes and then I also purchased a second
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set of the sheets for the bed just
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because I found that was actually kind
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of a pain in the butt with the turnover
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if you already had a clean set you could
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change over the bed very easily and then
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have it ready for the next person
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whereas if you didn't have it cleaned
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you basically had to strip the bed wash
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and dry the bedding and the pillowcases
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and then get it all back on before your
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next guest so if you are somebody who
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does air B&B I think two sets of sheets
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and pillowcases and everything is
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definitely a must so that is basically
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it that is what I spent the three
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hundred dollars on and then I went ahead
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and listed this room on Airbnb on August
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19th and I went ahead and just let
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Airbnb set the pricing for me and they
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said that they believe this should be at
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about 61 dollars per night so basically
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as soon as I listed this place I began
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getting bookings like crazy
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I think the first four days in a row I
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was booked straight with four different
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guests then I had two days off and then
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I was booked again for five days
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straight now I work from home and I
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definitely have the ability to you know
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change the bedding over and it wasn't
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that big of a headache but to be
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completely honest with you guys having a
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turnover every single night like that
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was a lot of work for me and so what I
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went ahead and did after that is I
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increased my price slightly I was just
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getting too many bookings and I didn't
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want to be booked every single night so
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I decided to increase my price by
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fifteen dollars and I did so by adding a
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cleaning fee to the listing so that took
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the price for this Airbnb from sixty one
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dollars per night up to seventy six with
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that cleaning fee for a one night stay
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and that definitely cut down on the
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number of bookings that I was getting
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but that was actually my goal
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at the end of the day because I was just
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slammed with guests and I was running
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around like crazy you know changing over
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bedding and it was just too much for me
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to manage but then after I increase the
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price to $76 I was getting much more
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sporadic bookings which was actually a
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plus for me because I wasn't looking for
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that many just based on how much work it
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was to change things over I found the
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entire process for cleaning the bathroom
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as well as you know making the bed and
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doing all of that really took me about
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20 or 25 minutes but I don't know what
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to say I guess I'm kind of a lazy person
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even that doing that every single day
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doing the laundering I just found that
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it was a little bit too much for me at
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that frequency but if you are obviously
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looking to maximize your bookings you're
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gonna want to keep that price at a level
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where you're getting consistent bookings
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just like that okay so now I'll answer
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your question that's probably the
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burning question you have how much extra
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side income was I able to make with this
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shared room listing well as I said I
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actually didn't list this place until
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August 19th and I think my first booking
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was on the 20th or the 21st and even in
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that last final stretch of August my
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earnings was 507 dollars for the month
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of August like I said I was pretty much
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booked every single day other than maybe
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three or four days out of the end of
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that month so that was actually really a
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good amount of income for the last week
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and a half of August for September since
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I did increase my price by adding that
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$15 cleaning fee and I was also
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traveling quite a bit so I had it
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blacked out the total it was 256 dollars
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and then in total the money I've made so
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far from this Airbnb was 1025 dollars
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from I would say maybe 15 or so
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different guests all of my guests
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luckily gave me a five-star rating I
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think this is definitely one of the
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nicer Airbnb --zz that you could find
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out there
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I do think Airbnb is quite honestly a
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great way to earn some side income if
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you have extra space in your home and I
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know a lot of people are worried about
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strangers entering your home or you know
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the safety side of Airbnb and I can't
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speak to every single case but what I
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will say is that in my case everybody
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that came
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was very respectful to myspace they were
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very clean and in many cases you know
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they they cooked the garbage out with
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them and did little things like that or
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did the dishes so there was actually
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very little cleanup on my part and all
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of my guests were absolutely phenomenal
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so I would say that Airbnb is honestly a
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great way to make some extra site income
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however I personally am probably not
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going to continue with that just because
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of the opportunity cost associated with
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managing this Airbnb listing myself
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since I work from home and I have many
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different things I could do with my time
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you know blogging or working on videos
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or my different businesses this is quite
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honestly not the best use of my time at
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the end of the day if I'm making you
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know sixty dollars for a one night
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listing 60 to 75 and that's taking me
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even half an hour to set that up that's
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just not the best use of my time day
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today there are more profitable things
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that I could personally be doing but
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that being said for the majority of
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people I would say you know making sixty
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to seventy-five bucks a night for a
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shared room and basically just having to
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clean up quick and do a load of laundry
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I think most people would agree that it
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is actually worth it to make that money
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and I think Airbnb is honestly an
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awesome option if you're looking to make
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you know an extra 500 to a thousand
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bucks per month of side income and again
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depending on your area and your listing
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you know maybe even more so but anyways
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guys that being said that was my
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experience with being an Airbnb host for
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30 days let me know what you guys think
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in the comments section below is this
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something you're considering as a method
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for making some side income or let me
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know what you guys think about being an
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Airbnb host and as I said if you guys do
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want to learn more about hosting your
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space or if you decide that you do want
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to be a host there is a link down in the
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description below where you can get more
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information about being an Airbnb host
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the actual process for me for listing my
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space took me about you know maybe 30
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minutes at the most and then 24 hours
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later I was able to get my first booking
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so it was a very very quick and easy
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process but that being said thank you
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guys so much for watching this video I
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hope you enjoyed it
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and I will see you in the next one
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