Airbnb has exploded onto the market and has become a major disruptor in the hospitality market. Airbnb takes the concept of letting but on a short-term basis. The great thing about Airbnb is that everyone can easily capitalise on this.
Did you know that under the government HS223 ‘Rent a room Scheme’ you can get £7500 tax-free cash annually? Which is a lot better than taking in a lodger full time.
Along with the monetary benefits, there are others:
Networking Benefits:
Something the media doesn’t like to tell people is that you can have great guests. When we have spoken to hosts we always hear good news stories, in some cases, the hosts and guests have become very good friends.
Personal Growth:
Ultimately if you become an Airbnb host, you will be in charge of the property management, the finances of your account and the marketing of the property. These skills are all fundamental to help any business to grow, you never know you could use these to get that next promotion.
Ultimately if you become an Airbnb host, you will be in charge of the property management, the finances of your account and the marketing of the property. These skills are all fundamental to help any business to grow, you never know you could use these to get that next promotion.
Check out our article on How to become a great Airbnb host.
