Table

Contents

1. What is passive income?

b. Characteristics of passive income .

2. How to start building passive income?

b. What to consider when buiding passive income?

3. Examples of successful Airbnb founders.

4. Types of Airbnb passive income.

5. How can you earn passive income on Airbnb?

6. Your own plan to do your Airbnb.

 AIRBNB HOSTINGS

YOUR PASSIVE INCOME HERO

WHAT
IS PASSIVE
INCOME?
A business activity that you did not
materially participate in on a regular,
continuous, and substantial basis
during the year. It is earning money
with minimal effort.

Characteristics of passive
income

No active
involvement

maximizing
returns

short term
trade-offs

Early
Retirement

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Although the word “passive” makes it sound like you have to
do nothing to bring in the income this just isn’t true. Passive
income streams require an upfront investment and a lot of
nurturing in the beginning. After some time and hard work
these income streams start to build and are able to maintain
themselves, bringing you consistent revenue without much
effort on your part.
 HOW TO START
BUILDING PASSIVE
INCOME

While it’s great to have plenty of passive income ideas and

dreams, it’s important to remember that not every idea is a
great one. Even if you’ve seen others earning money in a
particular way, that’s no guarantee that it will work for you, your
skills, or your lifestyle.

To find the best ways to make passive income, you need to start
with some clear goals and plans. You’ll need to know how much
you’re able to commit in terms of money and time. And you’ll
need to be prepared to make short-term sacrifices to meet your
long-term aims.

The truth is that building a passive income stream usually isn’t

passive at first. It requires time, money, skills or all three. But where
do you start? The first step is to just build a small nest egg savings
account that you can use for later. You just need to know where to
start and decide what resources you’re willing to expend for your
passive income ideas to take flight.
Listed below are things to consider when you want to start building
passive income
PASSIVE
INCOME

1. Be realistic about your time, money, effort, and

other commitments.

As we’ve mentioned, although the idea behind passiv e

income is to make money while you sleep, no busi ness
can be built without effort. In fact, you might f ind that
building a passive income stream actually invol ves a l ot
more time and effort than a standard side gig to get it up
and running.
Before you start any venture, be realistic about your
other commitments. If you have a demanding j ob, ki ds,
and an active social life, you might not have t he t ime to
spend building another profitable business. In t hat case,
you might want to consider investing or asking someone
else to help you out with the heavy work.

2. Assess your skills

Some passive income ideas will require you to have

specific qualifications and skills.
Be realistic about your skills and think about how you c an
use them to benefit others without needing to be
physically there or working every day.
3. Consider your dreams

Steve Jobs once said, “Your work is going to fi ll a l arge part

of your life, and the only way to be truly sati sfi ed i s t o do
what you believe is great work. And the only way t o do
great work is to love what you do.” It’s essential t o consi der
his message when picking the passive income i dea.

If at least one part of the idea doesn’ t spark joy o r f uel y our
passions, chances are it’s not going to work o ut. So, l ook
for an idea that you can see yourself doing fo r years. Even
if you can step back and let the business mostl y run it sel f,
you may still need to get involved occasional ly, so make
sure you pick something you’ll enjoy.

4. Find the overlap

Once you’ ve analyzed your strengths and weaknesses,

considered any constraints, and thought about what woul d
make you happy, there should be a few ideas fo r passi ve
income strategies in your mind already. You’re sure t o
achieve financial independence in no time!
 THE HISTORY
OF AIRBNB

Airbnb was founded in 2008 by Joe Gebba and

Brian Chesky. Shortly afterward, they brought
on Nathan Blecharzyk and launched what they
called Air Bed and Breakfast.

The history of Airbnb evolved long back in 2007 in San Francisco

when Airbnb founders had just moved from New York. The trio
thought of a way to raise money and they bought a few airbeds and
quickly put up a site to offer visitors a place to sleep and breakfast in
the morning. They loaned out their apartment rooms to visiting
designers from the International Design Conference after hotels in
the area were booked up. They called their new endeavor "Air Bed
and Breakfast," a reference to the air mattresses the guests were
staying on hence the beginning of Airbnb.
THE AIRBNB
FOUNDERS

Our Awesome Airbnb

founders:

Brian Chesky

Chesky is an American businessman and industrial designer.

He is the co-founder and CEO of the peer-to-peer lodging
service Airbnb. Chesky was named one of Time's "100 Most
Influential People of 2015" His 2021 net worth is 13.1 billion USD
 Joe Gebbia
Gebbia is an American billionaire designer and Internet entrepreneur.
Joe Gebbia is the co-founder of Airbnb and serves as Chairman of
Samara and Airbnb.org. Joe leads Samara, Airbnb’s future-orientated
product development team, and is the Chairman of Airbnb.org, a new,
independently operated 501(c)3. As a community-powered non-profit,
Airbnb.org helps to connect those in crisis with places for them to stay
as part of our emergency response efforts related to natural disasters,
and most recently the COVID-19 pandemic.In 2009, Gebbia was listed
in BusinessWeek's Top 20 Best Young Tech Entrepreneurs. His 2021
net worth is 11.3 billion USD

Nathan Blecharzyk

Blecharczyk is an American billionaire businessman. He is the

co-founder and chief strategy officer of Airbnb, and chairman
of Airbnb China. Blecharczyk was also the company's first chief
technology officer. He had an estimated net worth of US$9.3
billion in July 2021.
 Types of airbnb passive
income

rental property storage rental providing car wash for

your guests

Renting out short-term real estate

household home rentals investment
items

Hosts on Airbnb offer a wide variety of

spaces, ranging from shared rooms to
private islands. There are four types of
places: entire place, private rooms,
hotel rooms, and shared rooms.
The blueprint to
earning on Airbnb

Now we can see that Airbnb is a company that lets people avoid
expensive hotels by staying at a more affordable short-term
rental when on vacation. This helps them save money, let's them
prepare meals on their own, and has a homier feel compared to
staying at a hotel.

The best part about making money with Airbnb is that it’s
relatively passive income. Passive income requires little to no
effort and lets you create multiple streams of income. However
planning is needed to make this passive income start
generating money.
When considering putting together your beautiful
home as the whole thing of Airbnb you have to bring in
attractive decor ideas to make your listing stand out.
This may include: Accent With Bold Colors,Use Hotel
Style of White Bedding, Add Greenery With Live Plants,
Use A Customized Sign With Your House Name, Add A
Cute Luggage Rack. This will improve the neatness and
comfy of your apartment.

The other issue is to offer the best amenities guests want. These
can be a pet-friendly space.Wifi,Free parking, A pool,A jacuzzi,
A kitchen, Air conditioning and Heating, just to mention a few.
Once these are put in place you are ready to go for property
listing.Let's get started on how earn passive income with
Airbnb:
 If you want to create
a stream of income by
listing your property,
here’s how to make
money with Airbnb
and earn passive
income:

1. LIST YOUR PROPERTY

The first step is to list your property on Airbnb. However there
are rules and to be met before you list your property. When
deciding whether to become an Airbnb host, it's important for
you to understand how the laws work in your city.These laws are
often part of a city's zoning or administrative codes. For example
in some cities, you must register, get a permit, or obtain a
license before you list your property or accept guests. Certain
types of short-term bookings may be prohibited in other cities
whilst being permitted in other cities. Local governments vary
greatly in how they enforce these laws. Penalties may include
fines or other enforcement. So make sure to review your local
laws before listing your space on Airbnb.

However when it comes to listing your property, Airbnb makes this

relatively simple by asking you to list what type of property you
have – spare room, house, condo. It’s also helpful to name your
property. It is free to list your property on Airbnb but fees will be
covered later. You should make sure that you are crystal clear in
your listing so that your apartment is not doubted or under judged
 2. Take
Excellent
Pictures

It’s difficult to get an idea of what a property is

like without good pictures. This is a chance to
let your property shine.
Examples of good pictures for listing
 Pricing, regardless of the service
you’re providing, is tricky. You want
to make as much as possible without
overcharging and driving away
prospective guests. Do some
research of similar properties in your
area and use that as a guide.

When doing your market research, start by

searching Airbnb for similar spaces in your area,
taking into consideration:your property type, the
number of bedrooms you provide, the number
of guests you can accommodate, and your
available amenities.

Do not compare yourself with properties that

haven’t been booked for a week away, they are
likely to be the ones that weren't booked
because they were priced too high. Also learn
how hosts near you adjust pricing seasonally, on
weekends, and for special events.
 Whatever your financial goals, an astute pricing strategy is a key
to success. Setting a pricing strategy helps you get more
bookings and help increase your earnings with the right price.
For you to know if you are charging the right price, “think like a
guest”. Price is one of the main factors guests consider when
choosing where to stay.

No matter how beautiful your space, if it’s priced higher than

comparable listings in the area, there’s a good chance you’ll miss
out on bookings. Remember that things you’re factoring into
your pricing may not be obvious to guests. For instance, the
safety and beauty of your neighborhood, so be sure to call them
out in your listing. Make aspects of your great hospitality like
breakfast or welcome treats super clear in your listing as it might
also help you warrant a higher price.

For perfect timely and competitive pricing you can make use of the
smart pricing
tool. Airbnb’s pricing tool takes into account over 70 different factors
to determine the best price for each available night on your
calendar. Your pricing will automatically update
depending on things like:

Lead time- As a check-in date approaches.

Local popularity-The number of people searching
for homestays in your area.
Seasonality- Predictable seasonal changes in demand
for homestays in your area,
Listing popularity- How many views and bookings your listing
receives.
Review history-Your amount of positive reviews from successful
stays.

To make sure your listing price always meets your needs, be

sure to set a minimum nightly rate in the Smart Pricing tool.
Your rate will never fall below that threshold. And if at any time
you’re not happy with the rate set by the tool, you can simply
type a new one into your calendar.
Reviews are the key to earning money with Airbnb. Travelers love to
read about other people’s experiences with listings and hosts.
Guests use the written feedback area to highlight whatever they
loved (or didn’t love) about their stay. Reviews are essential to the
entire Airbnb community, helping guests choose their travel plans
wisely and enabling hosts like you to open their homes with
confidence and attract guests who will love their stay.

Each review helps guests decide whether to book with you. Airbnb
data suggests that a higher number of positive reviews is correlated
with higher earnings, and goes a long way toencourage more
prospective guests to stay at your property versus another one. This
directly impacts how much you can make with Airbnb.
 To encourage positive reviews, hosts generally are
recommended to communicate with guests regularly, from
booking, throughout their stay, until checkout using Airbnb’s in-
app messaging. You should tell your guests that you will make
yourself available to answer their questions immediately, and if
something ever needs fixing, you will address it immediately.

A few days after the guest has checked out, email or text
message the guest thanking them for choosing your place to
stay and remind them that if they enjoyed their stay that it
would be great if they could click on a link to provide a review of
your services. Thanking your guests will boost the probability
that your guests will also give you good reviews.

Another way to get reviews is by making it as easy as possible

for a guest to review your place while they stay. Offering free
WIFI and a mobile device at the front desk can provide a quick
and easy method for a guest to add a review. In addition to
written reviews, guests rate their overall experience with 1–5
stars.

For you to get these ratings make sure you are always on point
when it comes to cleanliness because guests will expect the
clean and tidy space they see in your listing photos, the value of
your space because guests rate your space based on their
perception of whether your pricing was a fair reflection of your
offering and the practice of excellent hosting communication to
ensure guests’ needs are met.
 In order to make money with
Airbnb, you will incur some
expenses. For example, cleaning
fees, costs with stocking the
property , toiletries, welcome
snacks. For you not to overspend
you have to make a budget
tracker on excel. You can make
use of a personal budget
template like the one below.

This Excel template can help you track your monthly budget
by income and expenses. Input your costs and income, and
any difference is calculated automatically so you can avoid
shortfalls or make plans for any projected surpluses.
YOUR OWN PLAN TO
DO YOUR AIRBNB
Airbnb situated itself as a solution for both renters and providers
worldwide. Aside from guests scoring cheap accommodation for a
night or two, homeowners can also rent their available space and
earn some cash on the side. However, starting your own Airbnb
doesn’t require you owning a property only, you can make passive
income on Airbnb Arbitrage.

Steps in making your own Airbnb passive

income plan

If you don’t have a property you can switch to an Airbnb arbitrage

which is an investment strategy that allows people to become
Airbnb hosts, even without owning a property. In the context of
Airbnb, this happens when an investor rents a well-furnished
property from a landlord, lists it, and earns the profit in between.
Essentially, it is renting an apartment or any property and subletting
it to Airbnb guests.

Starting a rental arbitrage business is not hard. However, someone

has to make the right decisions from the beginning.

Here is how you can successfully start a rental

arbitrage business:
 Conduct Airbnb Market Research
Your degree of success in your Airbnb business is heavily
dependent on location. To make sure that you are
investing in areas with high-income potential, you need to
do a thorough Airbnb market research. Things to keep an
eye on when looking for the right market for rental
arbitrage include arbitrage potential, Airbnb regulations
and seasonality.

Find Profitable Properties for Rental

Arbitrage
Once you know your target market, you should
identify rental properties that will bring you the most
success. Things you should keep in mind when
looking for the perfect property for rental arbitrage
are Airbnb income potential. Your Airbnb rental
income should be able to cover your business
expenses and still achieve a reasonable profit.
Another thing is start-up costs. This will determine
what you
can afford depending on your current financial
situation and help you estimate how long it will take
you to recoup your initial investment.

Talk to Your Potential Landlord About

Hosting on Airbnb
While rental arbitrage is completely legal, make sure you inform
your potential landlord about your plans before you proceed to
sign the lease agreement. Help them understand more about the
Airbnb business and address any of their concerns. This will make
sure that you are both on the same page and that you don’t risk
breaking the lease agreement.If they agree, set hosting guidelines
that work for both of you and put them in writing. This will show
your landlord that you are a responsible host. A rental arbitrage
contract will also protect you in case of any misunderstanding in
the future.
Once all these steps are completed, you now own a property,
and let's get started in making it ready for passive income
earning.

Spruce up your place

Even if your home is perfect for you, it may not be for
guests. Some decorating and furnishing the space will
make it look great. However you mustn't overspend, since
renovations eat directly into your profits. There are ways to
refurbish your Airbnb property cheaply but still giving the
customer a great experience which are:

1. Recycle and reuse old items

For example, if you’re changing a door, of course depending on

the style of your property, you can resale the old one. If you
choose to buy a new door, you might not need to buy furniture
(old doorknobs, hinges etc) . They might be as good as new if
you give them a little TLC. So why buy new if you don’t have to?
Every little helps. The same goes for furniture. You don’t need to
spend a fortune on a new sofa, for example, if it happens to
have washable covers, they can simply be washed. Or even if it
doesn’t have washable covers there may be a way of cleaning
furniture to make them look new.
 2. Resurface the Bathroom
rather than Reconstructing it
Excessive renovation is probably not necessary. Breaking down
walls, fixtures and flooring will cost big-money. However you
can make your bathroom like new by re-grouting your tiles with
a different color, or lino flooring which is easy to clean, and
cheap to buy and fit. You can choose a bath or shower pan
which can be cheaply and easily resurfaced and avoid “heavy”
renovations where you have to call a plumber. Gloss painting
your doors can make them look lovely and shiny and for taps
and metal items in the sinks, you can buy cleaning solutions
and make them look like new.

3. Paint
Paint is one of the few things that tenants directly notice, and
notice fast So, you will need to ensure that the colours in your
house are never worn-out. Matching wall colors according to
the vibe is essential. People don’t see wall colours – they feel
them. So you must give out positive energy from the way you
paint your walls. If you are not good at matching colours,
sticking to white will be best.

4. Maintenance schedule
As the responsible owner of Airbnb property you should create
property maintenance schedules such as replacing carpets or
repainting walls. The schedule will depend on the general wear-
and-tear on each individual unit, but professional property
managers recommend doing these sorts of projects ( interior
painting, carpet replacement) about every three years unless
needed sooner. Other issues can be addressed before they
become serious problems by following a regular maintenance
schedule.
 WRITE A
DESCRIPTIVE
LISTING

Before you write up your listing, think about the type of guest
that will appreciate your space the most. Be clear with what you
are offering and manage guests’ expectations. Listing can be
easy for people to find the information they are looking for if one
follows the structure of Brief introduction which is selling points
of your property in a nutshell,Room by room descriptions,
Outdoor spaces like garden or swimming pool, sunbeds or
children’s play equipment, and Location which includes whether
it’s close to public transport, popular restaurants or walking
trails.
 1. Elegant Art Decor Home
with garden
Examples Enjoy the elegance of a by-gone
of listings era while staying in this Art Deco
home. Beautifully decorated and
featuring a sweeping staircase,
original stained-glass windows,
period furniture, and a
Entry stunningly unique green-and-
white tiled bathroom.
https://bit.ly/3EsZALd

Kitchen
Dining room

Bathroom
Bedroom
 Entry Kitchen

Bedroom

Dining room

Full Bathroom

Forest and heaven themed apartment close to the heart

of the CBD

Pretend you are lost in a magical forest as you perch on a log or curl
up in the swinging chair. Soak in the tub, then fall asleep in a heavenly
bedroom with cloud-painted walls and twinkling lights. And when you
wake up, the espresso machine awaits. https://bit.ly/3lq1Yth
3. Romantic stone house with ocean views.
Unwind at this stunning French Provencal beachside cottage. The
house was lovingly built with stone floors, high-beamed ceilings, and
antique details for a luxurious yet charming feel. Enjoy the sea and
mountain views from the pool and lush garden. Although shops and
restaurants are only a five-minute drive away, the area feels peaceful
and secluded. https://bit.ly/3EsZALd

ENTRY KITCHEN

DINING BEDROOM

BATHROOM PATIO

OUTDOOR COMMON AREA

 When your listing is going
well,
Make use of professional property management to
help you with:

HANDLING
MAINTENANCE FINDING HIGH- LISTING AND
AND QUALITY MARKETING
MAINTAINING TENANTS ADVANTAGES
PROPERTY
VALUEV

AVOIDING LEGAL ALLEVIATING

ISSUES STRESS
In conclusion, coming up with an Airbnb property for earning passive
income demands your effort at the initial stages. However when
everything is set and in order, income will come without your active
involvement.

QUICK SUMMARY

Airbnb is a company that lets people avoid expensive hotels by

staying at a more affordable short-term rental when on vacation.

The best part about making money with Airbnb is that it is relatively
passive income, requiring little to effort but letting you create
multiple streams of income.

If you have a second property or a spare room you don’t use, and
want to know how to make money it’s high time you switch to
Airbnb. Maximize returns with passive income Airbnb.
The Airbnb business is definitely a lucrative one. But how do you get
into the short-term rental game if you don’t have enough capital to
buy a short-term rental property? You can make money on Airbnb
without buying property, starting with minimal start-up capital and
very low risk through a business model called rental arbitrage.
However, when it comes to short-term rentals, having no money to
buy property is by no means a barrier to entry because rental
arbitrage makes it possible.

For you to turn your house into Airbnb, you have to first carry out a
proper research on location of the property and the potential
customers that might need your services, competitive rates and
seasonal fares. This will guide you not to operate at a loss.

Once you are geared for listing your property to Airbnb, make sure
that it is clean and well refurbished. However, stick to cheap ways of
sprucing your place so not as to overspend.

Come up with a maintenance schedule to avoid wear and tear of the

property because maintaining a serious damaged property will be
very expensive.
The only complete
blueprint you
need for starting
your own side
business with
Airbnb
today!
AIRNBNB
THE ROADWAY TO EASY
MONEY MAKING

THE IDEAL INCOME EARNING PLAN FOR

YOU