Airbnb has become an attractive way for homeowners to make income from their property. Although Airbnb’s is known for its reputable insurance policy, there are a few things you should consider before listing your home online.
Time Commitment
People have a tendency to think more about what they can gain from hosting on Airbnb than what hosting will do to their life. Having a steady stream of guests is quite a time-consuming endeavor; you’ll have to respond to inquiries online, clean your guest’s space and do laundry after every booking, and make sure your home is constantly neat and tidy.
This may seem like a small to-do list, but if you have a new guest every 3-4 days that could add up to 10 extra loads of laundry per month. Yikes!
As a host, you will also need to be present to check guests in and out of your home, which means you’ll need to book time off from your other commitments to properly welcome your guests and fulfill your hosting requirements. Hosting on Airbnb is just like having a real B&B, it is a business and requires time as such.
Risky Business
Needless to say, allowing strangers to stay in your home comes with inherent risk. Although Airbnb has insurance to protect its hosts and their homes, hosts are still vulnerable to theft or property damage. This can be especially devastating if sentimental items, such a wedding rings or family heirlooms, are stolen by a guest.
Another risk for Airbnb hosts to be aware of is squatting scams. Some scammers have taken advantage of the fact that when a guest stays in a home for longer than 30 days, they may gain squatting rights to the property, making it difficult for their host to force them to leave.
To avoid this situation, do not accept bookings that are longer than 30 days, and/or be very clear in your communication to guests that they are only allowed to stay at your property until the agreed upon departure date, and explicitly state that they must vacate your home after that time.
Be Realistic
It is unlikely that listing your home on Airbnb will provide you with enough financial freedom to quit your job and travel the world, though it may provide you with extra funds to contribute towards your mortgage payments. Be realistic about your expected hosting income, and don’t make any major financial changes based on your expectations until you have experience as a host and can accurately predict your monthly Airbnb profit.
Are you ready to find an ideal income property for Airbnb guests? Give me a call today – J.P. Cook – 602-320-4253!
2012 W Vineyard Road Tempe, AZ 85282
New
$495,000
4
Beds
2
Baths
1,661
SqFt
Status
Active
MLS #
6705521
Property Type
Single Family Residence
Price Type
--
unicorn alert! Check out this 4 bed 2 bath single family home located in tempe with no HOA. This home has been COMPLETELY renovated. New roof, AC, outdoor decking, pool, bathrooms, flooring, kitchen, baseboards, countertops, fireplace, garage door, landscaping, etc. You name it and its been updated. This is truly the definition of bring your tooth brush and move right on in. Now lets get to this prime location. Located just minutes from Sky Harbor airport, major freeways, ASU, dining, entertainment, and much more. It is central to everything! This one will not last long. Check it out today!
4658 S Rufino Lane Gold Canyon, AZ 85118
New
$495,000
3
Beds
2
Baths
1,594
SqFt
Status
Active
MLS #
6705676
Property Type
Single Family Residence
Price Type
--
Welcome to your amazing new single story home with Superstition Mountain views right out your front door. This is the property of your dreams...loads of updates & space in the open floor plan with lots of large windows, 10ft ceilings & tons of natural light to take in the beauty that surrounds you. With 3 ideally laid out bedrooms, it offers the perfect amount of space for a family or great winter getaway oasis. A charming kitchen with updated appliances, a breakfast/sitting nook, & raised bar area opens to the bright modern living room complete with fireplace. Head out the 9ft patio doors to an entertainer's dream with the amazing updated backyard oasis complete with covered patio, pergola, putting green & pavers to enjoy all that outdoor Arizona living has to offer. Located in the Superstition Foothills this home is in the ideal community with low HOA fees, heated community pool & spa, loads of fantastic hiking and walking trails & just right around the corner from shopping, dining & hiking trails. Come see for yourself all this home & ideal community has to offer!
12625 N 47th Avenue Glendale, AZ 85304
$495,000
4
Beds
2
Baths
2,173
SqFt
Status
Active
MLS #
6705820
Property Type
Single Family Residence
Price Type
--
This Beautifully Updated Block Home on a Large Lot is centrally located with easy access to schools, shopping, restaurants, and ASU West Campus! Fully Remodeled Kitchen, New Roof (2023), Sparkling Diving Pool, RV Parking, No HOA. Beautiful backyard for entertaining and enjoying AZ weather. 4 bedrooms, 2 bathrooms, open living room and a fantastic large family room with fireplace for gathering, a game room, or a large office. Covered area provides shade behind RV Gate for trailer, toys, or other items and enjoy the extra storage shed too. See list of features and upgrades in the Document Tab
9016 W Port Royale Lane Peoria, AZ 85381
New
$495,000
3
Beds
2.5
Baths
1,602
SqFt
Status
Active
MLS #
6706892
Property Type
Townhouse
Price Type
--
Beautiful Villa on the water that will be a resort paradise to call home! Featuring 3 beds, 2.5 baths, & a 2-car garage w/cabinetry, this gem offers upgrades galore. Inviting interior showcases white porcelain tile on main level, vaulted ceilings, & remote-control window shades. You'll love the spacious living & dining room w/fireplace and multi-sliding doors to the back! The kitchen boasts SS appliances, granite counters, glass backsplash, and white shaker cabinetry. Double-door primary bedroom is downstairs! It has outdoor access and an ensuite with dual sinks & a walk-in closet. Upstairs are two nice-size sections, as well as a gorgeous newly remodeled bathroom w/walk-in shower! One bedroom w/attached balcony. Enjoy the back-extended covered patio, overlooking the lake views! Just WOW!
12321 W Vista Avenue Glendale, AZ 85307
New
$495,000
4
Beds
3
Baths
2,188
SqFt
Status
Active
MLS #
6707337
Property Type
Single Family Residence
Price Type
--
Absolutely Amazing! 2023 Lennar built home located in the popular Marbella Ranch community w/ a unique & modern floor plan (Douglas model) w/ that ''Wow-Factor'' & includes a gorgeous seller added Shasta heated pool w/ Baja shelf & fully landscaped (including irrigation & lighting) backyard. This one-of-a-kind home has so many upgrades & modern features. 4 bedrooms, 3 bathrooms includes an owner's suite (set toward the back of the home) w/ resort style bathroom & giant walk-in closet & also a secondary en-suite w/ bathroom. As you enter this spectacular home you will notice the 9' ceilings, 8' doors & recessed lighting. Chef's dream kitchen w/ quartz countertops, 42 '' upper cabinets w/ hardware, 2.5 '' crown modeling, 3 x 6'' subway tile kitchen backsplash w/ stainless steel appliances. Near the kitchen & living room area midway through the home you will notice a beautiful, covered courtyard which is in addition to the back covered patio leading to the refreshing new heated Shasta pool added by the owners in 2023. Perfect for taking in the beautiful Arizona outdoor lifestyle. So many modern features in this 1-year-old Lennar unique & move-in ready home. Pls see the documents tab for more details on included features and floor plan. So many modern features in this 1-year-old Lennar unique & move-in ready home. Pls see the documents tab for more details on included features and floor plan
9326 E Static Avenue Mesa, AZ 85212
New
$495,000
3
Beds
2
Baths
1,563
SqFt
Status
Active
MLS #
6707452
Property Type
Single Family Residence
Price Type
--
Ashton Woods Home in beautiful Eastmark community, 3 Bedroom 2 Baths 2 Car garage, wood like tiles in common areas /carpet in rooms, 8 feet interior doors, Stainless Steal appliances, French door whirlpool refrigerator, ceiling fans, Granite countertop. Eastmark community has numerous events, parks, pool and recreation center, Close to shopping restaurants. highways US 60 & Loop 202 and highway 24.
2418 W Ellis Street Phoenix, AZ 85041
$494,999
5
Beds
3
Baths
2,644
SqFt
Status
Active
MLS #
6634090
Property Type
Single Family Residence
Price Type
--
This well maintained, 5-bedroom 3-bathroom, 3-car garage home, nestled in a quiet neighborhood at Copper Creek is a must see! It features an open floorpan with vaulted ceilings and abundance of natural light throughout. Chef's kitchen with white cabinets, granite countertops and a large island/breakfast bar. Four bedrooms upstairs including a spacious primary suite and a loft. One bedroom and full bath located downstairs. Neutral paint, flooring and finishes throughout. The spacious, low maintenance backyard, complete with a large pergola and artificial grass turf, is perfect for relaxing or entertaining.
13351 W Rowel Road Peoria, AZ 85383
$494,999
3
Beds
2
Baths
1,567
SqFt
Status
Active
MLS #
6697175
Property Type
Single Family Residence
Price Type
--
Prime location! Nestled within the beautiful Rancho Cabrillo subdivision with its expansive views, you will enjoy the privacy afforded by the open green space to the left of your home. This home offers an open concept layout with beautiful plank tile flooring throughout. The kitchen is ideal for entertainers with designer cabinets, quartz countertops, a spacious island, and stainless steel appliances. The natural light streaming in through the sliding glass doors will create a warm and inviting atmosphere, especially in the main living area. The owner's retreat is a luxurious sanctuary with a beautiful en suite featuring dual vanities and a subway tiled walk-in shower. A split bedroom floor plan allows for privacy when guests are visiting or use this space for your private office away from the noise. The inclusion of a garage wired for EV cars, ample storage space, and an RV gate are both practical and convenient features. Come check out this newer built home without the wait time.
32229 N Tiny Dancer Drive San Tan Valley, AZ 85140
$494,990
4
Beds
3
Baths
2,219
SqFt
Status
Active
MLS #
6705958
Property Type
Single Family Residence
Price Type
--
New Construction in the heavily sought after San Tan Valley. Walk into the 2,219 square foot home with 4 bedrooms and 3 bathrooms and you will see a classic wood look in the 6x36 ceramic, wood-styled, tile. The front 2 bedrooms share a full bath with storage. Down the hall is the entrance to the garage with extra storage closet. As you walk into the rectangular shaped great room and kitchen, you will see more of the upgraded Oxford Collections. It boasts beautiful dark wood, 42 inch, upper cabinets, light quartz and gold hardware AND a matching gold faucet! The bathrooms also have the dark brown cabinets, gold hardware and black faucets. In the great room, the upgraded 4 panel sliding glass doors brings loads of light into the whole house! The Primary shows a double sink, linen closet, walk-in-closet and great view of the backyard. But the best and most unique part of this home is the guest retreat. This additional space is equipped with a full bathroom, bedroom, den, AND closet. Lastly, who could forget about the 2.5 car garage that is ideal for storage or an extra long vehicle!
40990 W Agave Road Maricopa, AZ 85138
$494,990
4
Beds
3
Baths
2,142
SqFt
Status
Active
MLS #
6399878
Property Type
Single Family Residence
Price Type
--
QUICK MOVE-IN! It's the Castellano floor plan with a multi slide door off the great room. Large walk-in shower at owner's bath with ceramic tile surrounds. Designer gas appliance package, Sonoma Maple ''Linen-Off white'' cabinets with 42'' uppers, 4 roll outs in pantry, 1 trash drawer with two bins and 4 1/4'' crown molding in kitchen. Evening gray quartz countertops in kitchen and on the enhanced kitchen island with matching backsplash. 8' interior doors throughout. 6x24 Norwood oak plank tile in all areas of the home except bedrooms/closets. 8' garage door for those high profile vehicles and a garage service door and so much more. Seller to write contract and to verify all information with onsite agents. Water Company is Santa Cruz Water Company and Sewer is Palo Verde Utilities Company.
41030 W Agave Road Maricopa, AZ 85138
$494,990
3
Beds
2
Baths
1,987
SqFt
Status
Active
MLS #
6632214
Property Type
Single Family Residence
Price Type
--
QUICK MOVE-IN.. It's the very popular Belice with 3 bedrooms, + flex space to use as you wish, 2 baths and a 3 car tandem garage. Large walk in shower at owner's bath with 4x16 Ice gloss in shower surrounds. 12x8 sliding glass door off the great room that leads out to your extended covered patio. Stainless steel gas range. Benton Birch ''Sarsaprarilla stain'' cabinets throughout the home with 42'' kitchen uppers. Himalaya white granite countertops in kitchen and on the extended kitchen island. EMS Casino Ice Matt 4x16 backsplash in kitchen. Upgrade flooring includes 12x24 Astra tile in all areas of the home except bedrooms/closets which has a level 9 carpet. Dual sinks in bath 2. Gas stub for future BBQ, soft water loop, interior two-tone paint in ''Agreeable Gray''.
40990 W Agave Road Maricopa, AZ 85138
$494,990
4
Beds
2.5
Baths
2,142
SqFt
Status
Active
MLS #
6692805
Property Type
Single Family Residence
Price Type
--
READY FOR MOVE-IN!!! It's the stunning Castellano with 4 bedrooms + flex space for den, craft room or as you wish . 2.5 baths and 3 car tandem garage. Yes, this home has a large multi slide door that leads out to the covered patio. Stainless steel gas appliance package. Benton white painted kitchen cabinets with 42'' uppers and roll outs at pantry. DT One Quartz countertops in kitchen and at the large kitchen island. 8' interior doors throughout. Upgrade flooring includes MZ Norwood Oak 6x24 tile in all areas of the home except bedrooms/closets. 5'' baseboards and 3 1/4'' door casings. Owner's bath has 6x18 tile surrounds at shower. Prewire for pendant lights, additional recessed can lights and ceiling fan prewires. 8' garage door, garage service door and so much more.