3 Important Things To Consider Before Listing Your Home on Airbnb

3 Important Things To Consider Before Listing Your Home on AirbnbAirbnb 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!

11679 W Agave Court Surprise, AZ 85378

$449,000
4 Beds
2 Baths
1,816 SqFt
Status Active
MLS # 6666180
Property Type Single Family Residence
Price Type --
Welcome to this stunning home nestled in the highly sought-after Golf Course Community of Coyote Lakes. As you step inside, you are greeted with a grand entrance that leads you to the heart of the house - the spacious kitchen with a great open floor plan, perfect for family gatherings and entertaining guests. The kitchen boasts modern appliances, ample storage, and a large island that doubles as a breakfast bar. The luxurious primary bedroom is a true retreat, complete with a spa-like bathroom featuring a soaking tub, a separate shower, dual sinks, and a walk-in closet. The laundry room is conveniently located and comes with plenty of storage cabinets to keep everything organized and tidy. Step outside to your private oasis - a sparkling pool and covered patio area where you can relax and unwind after a long day. The patio area is perfect for outdoor dining, barbecues, or simply lounging in the sun. Experience delightful living at its finest in this beautiful Surprise home.

21006 N Aurora Drive Sun City West, AZ 85375

$449,000
3 Beds
2 Baths
2,356 SqFt
Status Active
MLS # 6666533
Property Type Single Family Residence
Price Type --
This home is a Jacaranda floor plan with 3 bedrooms, 2 baths, vaulted ceilings, and newer windows. An expansive living room, and a large family room with ample built-ins, including a convenient desk. The spacious master suite offers granite counters, double sinks, and a stunning tile shower. The guest bathroom was updated with the same elegant features. The country-style kitchen has a reverse osmosis system, quartz countertops, a breakfast bar, and an eat-in area with a bay window. The home has tile flooring throughout, with a decorative inlay at the entrance. The inviting patio offers both shade and sun with a covered portion and an open area and a partially fenced yard. The home has a 16-panel Solar system that is FULLY PAID, contributing to energy efficiency and cost savings.

4335 Cutter Lane Wickenburg, AZ 85390

$449,000
2 Beds
2 Baths
1,706 SqFt
Status Active
MLS # 6673966
Property Type Single Family Residence
Price Type --
Welcome to 4335 Cutter Lane! Nestled in the idyllic setting of Wickenburg Ranch, this charming home embodies comfort and convenience. Boasting 2 bedrooms and 2 bathrooms, it offers the perfect blend of space and intimacy. As a lock-and-leave property, it ensures effortless living for those seeking a low-maintenance lifestyle. The well-landscaped backyard provides a serene retreat, complemented by a covered back patio ideal for outdoor enjoyment. Inside, the warmth of wood-look tile flooring adds a touch of elegance and durability, while a cozy den offers a versatile space for relaxation or productivity. With its harmonious blend of functionality and tranquility, this home presents an inviting sanctuary in a picturesque desert community. Residents also have access to a plethora of amenities, including a beautiful golf course, fitness center, a resort swimming pool, and much more. Don't miss the opportunity to make this home your own. Experience the luxury and tranquility of Wickenburg Ranch.

2935 W Acoma Drive Phoenix, AZ 85053

$449,000
3 Beds
2 Baths
1,810 SqFt
Status Active
MLS # 6677782
Property Type Single Family Residence
Price Type --
Welcome to this TASTEFULLY UPGRADED home, freshly painted inside & out! The inviting interior features a formal living room, family room w/fireplace, dual pane windows, and wood laminate flooring. The fully equipped kitchen boasts Corian counters, a breakfast bar, & ample cabinets w/wine rack. Main bedroom offers two closets & an ensuite w/dual sinks. Notably, the garage has been turned into a 4th bedroom w/a freestanding fireplace. All closets were repainted as well. PLUS! All new dishwasher, refrigerator, & washing machine. This gem also has a water filter system, evaporating cooler, & a new water heater. Completely updated laundry room! Outback, you have a covered patio, lush lawn with fruit trees, storage shed, & a diving pool w/new filter. SOLAR PANELS are added perks! Visit now!