How To Spend Airbnb Hosting Cash
There are so many ways to spend money nowadays that when there’s extra spending cash for the month it’s sometimes hard to decide how to spend it. One of the most attractive aspects of becoming an Airbnb host is the extra money, but what is the best thing to do with it?
Using the money practically is always a wise choice. But then again, going wild or spending a little bit frivolously never hurt anyone. Even put the extra cash back into the rental to help increase positive reviews, rate of booking and even the price of renting.
Free Utilities -woohoo!
An awesome aspect of hosting guests through Airbnb is that a few bookings can fund an entire utility bill. Ever feel like having free electricity & power? If you become a host that can be a reality. Not only can foresight provide free bills in the future, forgotten or late bills can also be taken care of with the right third party company. Payfully is a start up that offers Airbnb hosts the opportunity to get paid as soon as the reservation happens. Hosts need to pay a small fee for the service but they can cash out bookings in advance at any time! With Payfully it’s possible to get money now instead of waiting for the guest to check-in. With this kind of technology an Airbnb host can get cash fast and pay that utility bill by the due date.
Spontaneous Vacay
What is better or more luxurious than taking a fabulous vacation completely spontaneously? Go stay on a remote beach or fly to a new state, even country. Whether a preferred vacation is relaxing and reading a book or action packed rock climbing is the preference, hosting on Airbnb can help make the vacation affordable.
Boost Your Rental
Good investors turn extra money into even more money. Why not invest in the initial success of hosting an Airbnb? Put the first earnings back into the rental in the form of amenities that will lead to good reviews and inevitably more business. Providing cereal, toast and small snacks in the space is a great way to make visitors feel at home. High quality bedding, wall hangings, dishes and appliances are also a wonderful idea for boosting the value of the listing for potential bookings and pumping up reviews. A little can go a long way, so don’t hold back in making the space feel homey but avoid making the rental seem too much like someone’s personal space.
Treat Yourself!
With the extra cash from hosting on Airbnb you can go out to a fancy dinner, a spa treatment, enjoy a day at the museum or even buy that new nifty kitchen tool that you had your eye on. Spending extra cash on you and only you can feel irresponsible but hosting Airbnb is an extra money source that is meant for whatever the Airbnb host sees fit. Going out and enjoying the town where you rent your listing it will also help you make better recommendations for future guests and enhance the description to create more future bookings.
Staycation
Last but not least, spend your Airbnb money on Airbnb. That’s right, check out the competition and book a staycation in your home town. Of course the only benefit of booking an Airbnb staycation isn’t just about seeing what other bookings in your city look like, it can also prove to be a fun, relaxing time. Jaunt about your hometown like a tourist and enjoy all of the sites, sounds and surroundings with money earned wit Airbnb and see what all the fuss is about.
