We acknowledge that not everyone owns property, but for those that do and want to make a little extra money, this episode can be a great starting point for getting into the rental business.

Tyler Knutson and Alyssa Dulin, two ConvertKit employees who have insight into this industry, join Nathan to discuss everything you need to know about starting your Airbnb side hustle.

Along the way, they provide tips and tricks on how to find good guests and how to manage your property if you don’t live nearby.

Alyssa even made a PowerPoint presentation, so check out the YouTube version of this episode if you want to see it: https://www.youtube.com/watch?v=YQkSKvgizdA. 

Main Takeaways

• If you have a house, using your existing equity and refinancing while interest rates are low, can make buying an Airbnb property attainable.
• Using your existing property and renting it out (if you travel frequently) is a great way to capitalize on your investment. 
• Deciding what kind of host you want to be (how hands-on, etc.) and what kind of guests you want to have are important prior to starting. 
• If you’re going to be remote, make sure you set up the necessary automation to make things efficient and allow you can stay hands-off. 
• Pictures are crucial in making your listing look professional and charging a higher rate. 

Links

• Alyssa’s Airbnb
• YourPorter

Creators of the Day

• Bex
• Marcus Bridgewater

Resources of the Day

• Jericho
• Avery Carl on Bigger Pockets
• Smartphone Photo Guides

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