Renting Out A Spare Room on Airbnb... Is It Worth It?

  Рет қаралды 102,990

Shelby Church

Shelby Church

Күн бұрын

Пікірлер: 357
@kirillmitchell888
@kirillmitchell888 3 жыл бұрын
I wish you had done it with someone that is actually renting a room in their house. That situation is much more interesting because it has so much more inherent problems attached to it.
@praslisa
@praslisa 3 жыл бұрын
exactly
@nexusyang4832
@nexusyang4832 3 жыл бұрын
Very true. She did find a bit of a unicorn.... ;)
@alleygray4338
@alleygray4338 3 жыл бұрын
This would be such a good video
@ellam2490
@ellam2490 3 жыл бұрын
Renting a room through Airbnb in their house it's not different than having house mates and house rules. The house rules are posted on Airbnb and people have to follow, example no smoking inside the house etc. Airbnb has all the setup you need to write on the description everything that is important for you and your property.
@Youbeil
@Youbeil 3 жыл бұрын
I’m a disappointed that she didn’t find someone who rents an actual room and not a private suite in their home.
@nitasmith7993
@nitasmith7993 3 жыл бұрын
The person you interviewed had the perfect setup / floor plan to still have privacy for her and the renter. It’s not like you have a stranger living down the hall or in the basement…
@suelyons531
@suelyons531 3 жыл бұрын
Some towns won't let you rent out a portion of your house so it's good to know those laws before deciding to buy something with the intention of supplementing your mortgage via Airbnb.
@nexusyang4832
@nexusyang4832 3 жыл бұрын
Very good point. Must check your locality and/or condo association.
@707Bubby
@707Bubby 3 жыл бұрын
You actually can typically have more luck renting out a portion of your house compared to the whole thing. Like a lot of cities have rules against Airbnb where you cant have a second home/secondary property for the sole purpose of Airbnb and it being purely being a short term rental home, so they make laws/rules where you can only rent it out a certain number of times a year while you are not also there, OR it has to be your main permanet address that you are at a certain percent of the year. Main issue with renting out a portion of a place you live will probably come from landlords if you have one who dont want a bunch of temporary rentals at their property. Most cities/towns just dont want to be over populated with rental properties because it makes it more expensive to live there and find homes, as well as having a home(s) that is a short term rental is undesirable typically for the people who live around them because you have a lot of people in and out who dont particually care about their neighbors or about the comunity or taking care/being respectful of the space.
@CaseyBurnsInvesting
@CaseyBurnsInvesting 3 жыл бұрын
As someone who’s done this, it’s really awkward and time consuming. The cleaning, the calls, the weird people, I much prefer a permanent roommate.
@gidd
@gidd 3 жыл бұрын
Thats a personal experience everyone I know that runs an Airbnb spends 1-2 hours a day at most
@CaseyBurnsInvesting
@CaseyBurnsInvesting 3 жыл бұрын
@@gidd Yeah, that’s a lot of hours per day. Also, I spend zero hours per day on my roommate.
@CaseyBurnsInvesting
@CaseyBurnsInvesting 3 жыл бұрын
@@gidd I don’t even call the contractors to fix things when they break, she does and I pay (currently deployed). It’s a very easy situation to manage. And I will say, I could contract out cleaning, but I wasn’t doing that. At the end of the day though to each their own.
@tinnssaa
@tinnssaa 3 жыл бұрын
It really depends. My family has had a rental in their basement for over 20 years. We only recently got on Airbnb (2 years ago) but it’s basically the same as before, even easier. We clean it ourself and it takes 2 hours. But that’s only every 4-10 days. Maintenance is pretty low because we very very rarely get bad guests. Maybe 10 bad ones in 20 years of renting. But we are located in a smaller city so I guess we have a different demographic. It also depends on what kind of person you are. If you like to meet and talk to new people it’s really fun! My family always loved this part of the job. It pays about 2x of our monthly mortgage.
@kristinrodriguezrealtordmv3434
@kristinrodriguezrealtordmv3434 3 жыл бұрын
To each their own. Airbnb was the easiest money I ever made and when I didn't feel like having guest or had family or friends over I just blocked my calendar! It's pretty dope!
@electricpenguin32
@electricpenguin32 3 жыл бұрын
My fiancé and I used Air BNB for the first time a couple weeks ago and stayed at one very similar to this, it was a basement apartment type thing in someone’s actual house. It was a great experience! They had a separate entrance and gorgeous views and we were mutually respectful so it worked out very well.
@фарсяирак
@фарсяирак 3 жыл бұрын
Hello, how are you? I found your name and I follow the news of the United States of America by chance and I wanted to talk to you because I really like that culture and life there and maybe we can be friends and I await your response with all due respect
@jeje6160
@jeje6160 3 жыл бұрын
☎️ Beautifull , , , , 📌Naked photos and videos TRENDING TOP THIS YEAR ▶️ 45.76.207.246/289/?로맨스【18+🤤】 KZbin: This is fine Someone: Says "heck" KZbin: Be gone #однако #я #люблю #таких #рыбаков #Интересно #забавно #девушка #смешная #垃圾
@madeby_mon
@madeby_mon 3 жыл бұрын
I love the simplicity in the Airbnb room. The way she's made it look so clean and open makes it feel inviting!
@707Bubby
@707Bubby 3 жыл бұрын
People renting out just single rooms in their home/or their own bedroom, is what I believe Airbnb was originally intended to be. It has kind of become something people really make a living doing and where people are buying house/space JUST for the purpose of turning them into an Airbnb, but it really was meant to be more simple like "oh I'm going to be out of town or I have an extra room I'm not using, hey I can just rent it out a few days a make a little extra money here and there without really doing anything", similar to how ride-sharing was intended to be, now a lot of people do it full time, but it really was made to be like "hey Im going to this place, I'm sure SOMEONE else also is, it would be cool if there was a way to just connect and find a person to give me a ride instead of going through a cab company"
@ForeignWarren
@ForeignWarren 3 жыл бұрын
Mhmm. Almost forgot they used to be called "ride sharing" companies. In CA they almost passed a proposition to force the apps to classify drivers as full time employees smh. That woulda sucked for me and others who just do it on the side for some extra money
@AmandaVieiraMamaesouCult
@AmandaVieiraMamaesouCult 3 жыл бұрын
@@ForeignWarren ikr they wanna force everyone to be an employee so bad
@RobettanGaming
@RobettanGaming 3 жыл бұрын
4:23 you could actually sit at an angle so that you are facing each other while also looking at the camera, because I feel like this was awkward for her, u know, to choose where to look, at shelby or at the camera...
@RobettanGaming
@RobettanGaming 3 жыл бұрын
@Pïññèd by•Shëlby Chürçh• • for what ?
@jenniviiv
@jenniviiv 3 жыл бұрын
Painfully awkward.
@cauthoncrazy
@cauthoncrazy 3 жыл бұрын
Agree!!
@WishAtElevenEleven
@WishAtElevenEleven 3 жыл бұрын
I would absolutely do it if it was a separate unit with no access to my living space. And I would absolutely NOT if it was a room in my own house.
@kristinrodriguezrealtordmv3434
@kristinrodriguezrealtordmv3434 3 жыл бұрын
I did it as a single women! So do two of my girlfriends. Absolutely no issues. Easiest money I ever made!
@clanaoaarmyofallah2557
@clanaoaarmyofallah2557 2 жыл бұрын
I rented rooms in a shared house in Philadelphia it was not too bad. It was expensive but decent. It can be a bit easy if you have self entry rooms and things like that. I plan on doing this possibly in Houston texas where im at when i get my first home so i dont have to pay for the mortgage. And also have some extra cash on deck. But im get a house that has at least 4 to 5 bedrooms. And charge like 600 a month for each room. In Philadelphia one house i was in was like a hotel and had my own kitchen and bathroom they was charging $2500 for that 1 room i was in and they had 12 rooms in that house. So yeah plenty money and people would pay for an affordable place to live. You just got to do it right. And make sure to calculate your profit to invest to get more rental property in ereas people want to stay.
@ellam2490
@ellam2490 3 жыл бұрын
Some towns won't let you rent out rooms or portion of your home through Airbnb without a permit or following specific rules.
@trails3597
@trails3597 3 жыл бұрын
I rented 2 rooms on AirBnb for a few years. It covered the mortgage, condo fees and utilities. I used it to pay down the mortgage. I became a Super Host which is a definite a plus because renters know that the place and the host is reliable. I attracted longer term renters (6 weeks to 3-4 months) because I was close to good public transit and was not in a tourist zone. I meet lots of interesting people. People from 20 different countries in all. Some on internship, students, business types on contracts or courses and the occasional short stay tourists. AirBnB is good to the hosts. They respond promptly and handle the money, so no hassles there. It does get tiring in the long run as you are always on duty, so to speak.
@skel760
@skel760 Жыл бұрын
You rented two “rooms” and they paid all your bills? Wth?!
@trails3597
@trails3597 Жыл бұрын
@@skel760 That was before the pandemic up to 2019. There was no municipal registration fees or hotel type tax yet.
@lizr6155
@lizr6155 3 жыл бұрын
I noticed they have allt of these types of Airbnb’s in Seattle. I’ve stayed in 4 Airbnb’s there that were all basements, where a permanent owner lived on the property, but there was a separate entrance. It wasn’t bad at all!
@Camilamaguna
@Camilamaguna 3 жыл бұрын
This was really helpful ! I just bought my first house and I’m hoping to do the basement as an Airbnb . I have no kids so I figured it would be good to at least try it and make a little income .
@karmen1265
@karmen1265 3 жыл бұрын
There's no doubt I would do this if it paid for all my rent and it was as convenient as Michelle explained it to be! I once heard about a guy who rented out part of his house to people he knew and trusted so that he could pay off his mortgage faster. I thought it was super creative and smart.
@pjasmine
@pjasmine 3 жыл бұрын
In the UK, the have this called Bed & Breakfast (b&b). When I was working in the UK for a while, I stayed in b&b and paid the rent weekly. ( Rented a room in the owner's house ). The rent included breakfast. I stayed with the owner and shared kitchen and all utilities. The owner changed the bed sheets weekly. (Rent was British Pound 87/week). For one year, I moved from one b&b to another then I ended up renting my own place for the second year. It was a nice experience... 😃 That was in 2001-2002.
@anniebanana3698
@anniebanana3698 3 жыл бұрын
I'm pretty sure that the bnb in Airbnb comes from that similar concept of a Bed & Breakfast.
@peaceformula5830
@peaceformula5830 2 жыл бұрын
£87 is pretty good. Basically £12 a day which is cheap as anything. Where did you do this like what area of UK? I'm also in a situation where I need to work and leave my parents house to be more peaceful. One more question its a funny thing to rent a property instead of just paying off a mortgage so you own it..... Isn't it?
@michelleobrien6630
@michelleobrien6630 2 жыл бұрын
@@peaceformula5830 that was the price 20 year ago. you need to adjust for inflation and add the fees paid to Airbnb which did not exist back then!
@ai-man212
@ai-man212 3 жыл бұрын
I've been renting out rooms on my own since 2012 using Craigslist. Mixed results, but mostly positive. It's paying for my house and most bills. Obviously, 10,000 hours to master any skill applies to this as well. Had to get over my "Party-House" days and "renting to friends" days. It's just a business. Find responsible people and try to keep them. Get rid of bad people ASAP.
@nickagrinzone
@nickagrinzone 3 жыл бұрын
As someone who plans on traveling in different parts of the US while I can and ideally staying in said AirBnB rentals for a few month, this was definitely interesting to see the lister’s perspective. Keeping this in mind when I begin my impulsive travels and even for future real estate endeavors
@lisagvojich3139
@lisagvojich3139 3 жыл бұрын
We did this in our home on Vancouver Island in Canada. Had 100% occupancy and it was fun to meet people from around the world. Would do it again
@kevinschultz6091
@kevinschultz6091 3 жыл бұрын
The best way I've heard about doing this (on one of these channels, actually) is via a modified split-level: install a separate door to split the house into two, and make any renovations as necessary. It essentially turns the split-level into a duplex, but top/bottom as opposed to side-by-side.
@donnahampton3632
@donnahampton3632 2 ай бұрын
I just started renting a room in my residence on Airbnb. I love it so far! I have had a long term renter, and I didn't like it after about 3 months, but he was there for 2 years, as planned.
@lokieec.r.p.swarrior8740
@lokieec.r.p.swarrior8740 2 жыл бұрын
My husband just retired and we never had children and we were thinking of doing this very thing. We have a room that is separate from us with it's own bathroom & entry. It became even more of a reality after my husband finally joined me in retirement A LOT earlier than expected. We were THANKFULLY smart back in the day with now owning a paid off home and cars (we drive 1, we maintain another for the future) yet thinking foolishly of a future full of traveling. THANKFULLY to the onslaught of the "Tiny home" & "minimalist" lifestyle we thought of this idea of recouping some of the monies we lost due to the "EARLY" event. But upon dissecting our needs to do so further and even with the charm of extra income it really is not the thing for us. There are 2 reasons that stopped us from doing this type of thing. The number one reason being is huge especially with us aging which is SAFETY not only for us for also for my neighbors. Many which are private and would not appreciate a steady stream of different people constantly at all hours of the day & night. With that knowledge we figured out what we really wanted which basically is companionship from a distance in the forms of a renter. We had a couple things different from other rooms for rent. The differences were that although the space was very small it did contain all things within a apartment with the added bonus of "all-inclusive-incl. laundry", parking , patio area, and you can have small pet. We are hopeful that this is something dads or moms may want to rent in order to get their children in the the awesome school district we live in as well. We are still new to the retirement scene with both of us but it is great to know that we have this just in case in our minds in the back of our heads.
@mauriciomoreno3553
@mauriciomoreno3553 2 жыл бұрын
I like watching your videos, now I learn English in my country, We appreciate your effort and time for making that so cool videos and sharing that with us, greetings Shelby from Bogota - Colombia. My best wishes to you and your youtube channel.
@karlyd7274
@karlyd7274 3 жыл бұрын
Really interesting video Shelby. She has the ideal situation to do this. I just don't think I could rent a room in my house out to strangers unless I was really broke!
@anissasharief5623
@anissasharief5623 11 ай бұрын
You did NOT cover what your title says!
@Dark_Knight950
@Dark_Knight950 3 жыл бұрын
Yes! I rent out two bedrooms already from my home in Simi Valley.... It's totally worth it.
@peaceformula5830
@peaceformula5830 2 жыл бұрын
Isn't that called Subletting? Do you just do it quietly without telling the landlord?
@JonathanSorunke
@JonathanSorunke 3 жыл бұрын
This is awesome! I would probably do it if I had a separate unit but if it was a room in my own space then probably not. Great video!
@jeje6160
@jeje6160 3 жыл бұрын
☎️ Beautifull , , , , 📌Naked photos and videos TRENDING TOP THIS YEAR ▶️ 45.76.207.246/289/?로맨스【18+🤤】 KZbin: This is fine Someone: Says "heck" KZbin: Be gone #однако #я #люблю #таких #рыбаков #Интересно #забавно #девушка #смешная #垃圾
@crand20033
@crand20033 2 жыл бұрын
I rent out seven rooms in my own space.
@terriniatells
@terriniatells 3 жыл бұрын
My mother does this. It can feel very invasive and if she could change it, she would do it differently. But, the extra income does mean she can work less at her regular job!
@gidd
@gidd 3 жыл бұрын
is it in her house or a separate room.
@фарсяирак
@фарсяирак 3 жыл бұрын
Hello, how are you? I found your name and I follow the news of the United States of America by chance and I wanted to talk to you because I really like that culture and life there and maybe we can be friends and I await your response with all due respect
@terriniatells
@terriniatells 3 жыл бұрын
@@gidd It's straight up on the second floor in the middle of her home, one room separate from her own bedroom.
@johncena1154
@johncena1154 3 жыл бұрын
loved this video ! super informative. Michelle seems to really care about her guest and her air bnb space.
@nexusyang4832
@nexusyang4832 3 жыл бұрын
Actually, these can still be had. They just are around the major metropolitan area. They are in the "non-metro" areas. Cities and towns that are on the tier 2/tier 3 level. You can get some VERY great deals but realize this, you are also in some rural areas where a lot of times infrastructure isn't as readily available those of the metro areas.
@xohannahbananaa
@xohannahbananaa 3 жыл бұрын
This video was super informative to watch :) I really love how you make so many different types of videos! I understand what people are saying about wanting to find someone who rents out a room but I liked this video. I feel like I would consider it if it covered my rent or mortgage, that’s a lot of money 😅 Great job Shelby, very creative 😊
@Chutney1luv
@Chutney1luv 2 жыл бұрын
Well, I've done it! I have a separate area, within my home; that I rent out 2 weekends a month! I just make sure that I get a signed lease, background checks and copies of their ID!! Plus, referrals from associates are welcomed! No problems..!
@dominick6131
@dominick6131 3 жыл бұрын
I have a question about cleaning. How do you organize cleansing between guests? Do you do it yourself? Is there some on demand maid service? Or maybe waive the cleaning fee if guests clean it themselves
@aksez2u
@aksez2u 3 жыл бұрын
I'm not an AirBnB host, but I've stayed in them several times. If someone has a better answer for you, I'm sure they will chime in. There are check-in and check-out times just like in a hotel. The cleaning is coordinated during those times. It's up to the host whether they want to hire a cleaning service or do it themselves. There is usually a hefty cleaning fee tacked on to the nightly rental price that covers housekeeping. I've never seen anyone offer to waive the cleaning fee. I think that would open the door to lots of problems, because fees are paid in advance and you'd have to trust them or refund some of the money. Also "cleaning" involves laundry and changing the bedding as well as restocking consumables. Not practical to expect of a guest.
@kelseyfriesen
@kelseyfriesen 3 жыл бұрын
I rent out a room in my house. The rent covers my monthly mortgage, condo fees, and utilities! (I live in an area in Canada where housing isn’t astronomically expensive, such as Toronto or Vancouver.)
@BucketListTravellers
@BucketListTravellers 3 жыл бұрын
She's set up a really nice space! We're currently renting Airbnb's in Costa Rica and thing like responsiveness and having amenities like Netflix and fast internet go a long way. The kitchenette in our current pace has a blender/food processor, which has come in very handy 😀
@j.castino7585
@j.castino7585 3 жыл бұрын
Then, maybe you should look into buying a place in LA now and doing the Air B&B in a portion of it? So you don't really have to put up with roommates. You also eliminate all the money wasted on paying rent. Their is no substitution for home ownership!
@teambeining
@teambeining 3 жыл бұрын
Home ownership is not always worth it. It’s an investment - a generally good one - but it can go backwards on you. Speaking from experience 😞
@angelasjourneysince1956
@angelasjourneysince1956 3 жыл бұрын
I rented out an extra bedroom when I lived two blocks from the University. I worked with an organization that found housing for international students. They were with us sometimes 6 weeks, sometimes a whole semester, depending on the program they were in town for. It was culturally interesting and mostly a good experience. And was a necessity financially as a single mom. This was all before AirB&B and before renting a room was a Thing. Being in a college town helped the process.
@heresyfinancia7500
@heresyfinancia7500 3 жыл бұрын
Don't forget to hit...the subscribe button much ❤❤❤ =what's Ap📬🔹️.... °°°°... ....
@heresyfinancia7500
@heresyfinancia7500 3 жыл бұрын
PLUS ONE, (THREE, ONE, FOUR, NINE, ZERO, FOUR, SEVEN, ONE, THREE, NINE) (☆)☆❤%
@johnstedman4075
@johnstedman4075 3 жыл бұрын
Airbnb can work well if there is a consistent demand from holiday renters and/or business travellers in your area. Research is needed to see if the math will make sense. This is particularly the case in areas which have a shorter holiday season. Management of a single "Listing" is not difficult, but the time taken to deal with various types of Guests will vary, because some will want to ask lots of questions before deciding to Book. The most complex job for a Host is to set their Nightly Rate just at the right level, so no money is left 'on the table' but at the same time the Listing is achieving an Occupancy Rate as close to 90% as possible.
@abowling5759
@abowling5759 3 жыл бұрын
I would definitely consider doing this at some point. Being very careful to take into account all important considerations to do it well.
@TRizzleRex
@TRizzleRex 3 жыл бұрын
Did anyone else catch the roach crawling on the bottom left wall @ 2:03
@mybrassmonkey
@mybrassmonkey 3 жыл бұрын
I’ve got a duplex and the other side is professionally managed as an Airbnb/str and it is such a sweet deal. On a bad month the str still covers my mortgage, internet and all utilities. My manager takes a fair percentage and his experience brings enough value that I’m better off paying him to deal with everything then I would be if I was trying it myself.
@mberge1
@mberge1 2 жыл бұрын
I have rented a room in my house on airbnb and usually have good results but sometimes you get someone like a traveling nurse that burned incense in the room. When she moved out, it took a few weeks to get rid of the incense smell. Another time a airbnb guest from Taiwan started singing at 2am in his room. I came out of my room and asked him, 'what are you doing?' He was gone the next day on his own. They are not filling out an application so you have to ask them a few questions by messaging them on the airbnb program before you okay their request to stay.
@ivantejeda
@ivantejeda Жыл бұрын
Hey Mark 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@jennylingard5989
@jennylingard5989 3 жыл бұрын
Nice video 👍successful people don't become victorious overnight. What most people see as a glance wealth, a great career purpose is the results of hard work and hustle over time. I pray that anyone reading this will be successful in life.
@leachjulie4975
@leachjulie4975 3 жыл бұрын
Lots of people have become successful through the crypto market
@sedanlazarus3256
@sedanlazarus3256 3 жыл бұрын
@@leachjulie4975 Speaking of crypto trading, it's the best business in the world right now. Because I know a couple of friends who make a whole lot of money trading the financial market.
@goregealex9884
@goregealex9884 3 жыл бұрын
@@sedanlazarus3256 NEVER LOSS?... Isincerely doubt when I see such things like 100% WIN strategy, Crypto trading is very technical, involves carefulness and great IQ... I wonder doing that with no losses or I will say only a professional trader/broker can do that.
@johnkaren7286
@johnkaren7286 3 жыл бұрын
Nowadays, there are lots of brokers and to find one, it most be online, retail, trusted and reliable. So please how can I find a professional broker to trade with?
@miriamdesmond3967
@miriamdesmond3967 3 жыл бұрын
@@johnkaren7286 Yes you're right. There's a professional which I have been investing with his names are Mr Tyler. We've been working together for months now and he's been awesome.
@PersonaN007Grata
@PersonaN007Grata 3 жыл бұрын
Like how does she manage resetting the unit from when someone checks out to the next check in? Does she have to drop everything she’s doing and tidy up and restock the unit within like a 3 hour window or what?
@AnnieBeanie
@AnnieBeanie 3 жыл бұрын
I lived in the studio unit in my friends' house for a year when I first moved to Seattle. It's a great deal for them and companionship for me - I think it's a great idea. Probably would never do it myself unless I have a duplex but that's cool :)
@VegasDiz
@VegasDiz 3 жыл бұрын
Just bought my house in Las Vegas, near the strip. I have a converted Garage. Might have to get rid of my washer and dryer. But definitely gonna give this a shot
@Switzerleando
@Switzerleando 3 жыл бұрын
I actually did this in a time of financial struggle, I rented two of the bedrooms of the flat I was living and I took the third one. It was not ideal but it helped me a lot to pay rent and utilities.
@peaceformula5830
@peaceformula5830 2 жыл бұрын
That is called Subletting which is forbidden on most contracts you have with the landlord. Did they allow you or you just did it quietly? Please answer
@lindamercer6511
@lindamercer6511 3 жыл бұрын
I live in a resort area and have a two story house. I do Airbnb with my upstairs area and I love it. You meet some of the best people.and the extra income comes in handy.
@waleedabdulrab8779
@waleedabdulrab8779 2 жыл бұрын
3:15 - "These stairs actually don't go anywhere" I don't know why I laughed at that way more than I should lol
@Enoughalready20237
@Enoughalready20237 7 ай бұрын
Right? It doesn’t even make sense why there is that livable space needlessly being used up. It must be covering something up.
@broketostoke
@broketostoke 3 жыл бұрын
Wild to think "Thats just a studio" when that room is literally twice the size of what I live in... as a permanent renter...
@laurasstudio
@laurasstudio 3 жыл бұрын
Great questions Shelby, but how did she arrange the cleaning? She said that she hire someone. How does that work? They come when needed and what is the cost of that?
@rockercover
@rockercover 3 жыл бұрын
No, peace of mind, (less distractions), is priceless.
@iambatman6120
@iambatman6120 3 жыл бұрын
This is cool! We didnt do it with AirBNB, but actually did that with our house with my uncle’s family when he went through a rough spot. They lived in the basement, we lived upstairs. Definitely interesting to say the least.
@juliuscaesart
@juliuscaesart 3 жыл бұрын
Setup lookin’ clean
@JPEZTutoring
@JPEZTutoring 3 жыл бұрын
This situation can create passive income, so I’d definitely do this if I had a separate space and bathroom for the renter. I would heavily screen the person to make sure they met my safety and responsibility expectations.
@jennyhammond9261
@jennyhammond9261 3 жыл бұрын
I used to rent one of my rooms on AirBnB. It didn't take much time at all. The only downside was having to wash the bedding before the next guest arrived. It was hard to do on time and the bedding didn't last too long from too many washes. However, I found it to make much for financial sense to just rent to a long term tenant. So, I took my listing down.
@ivantejeda
@ivantejeda Жыл бұрын
Hey Jenny 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@ianrobinson4200
@ianrobinson4200 3 жыл бұрын
I stayed one time in a room in someone's house, no problems whatsoever. Never really saw the owner except when arriving and leaving
@fernandomartinezreyna1836
@fernandomartinezreyna1836 3 жыл бұрын
I saw you filming the other day in Hollywood but I was too shy to come say hello.
@tellnewstv
@tellnewstv 3 жыл бұрын
very nice and interesting content. Thank you for uploading. We really enjoy watching it.
@davidpham9353
@davidpham9353 3 жыл бұрын
I started with my spare room 7 years ago, and now got 89 units for airbnb only. Not even counting my long term rental units.
@TheMotta777
@TheMotta777 3 жыл бұрын
you should move into Tara Michelles apartment house thingy in LA while she is in Canada and while you figure things out... this idea just came to me
@lisagvojich3139
@lisagvojich3139 3 жыл бұрын
Totally agree
@ZiggingbyMarkSigg
@ZiggingbyMarkSigg 3 жыл бұрын
Yeah definitely worth it! Did this for my place and realized I could even do it grow to multiple places. Enabled me to quit my job. Unfortunately, the pandemic hit and wiped out my leases 😅 But I'm getting up and putting it all together again!
@johnsescapes
@johnsescapes 3 жыл бұрын
𝑶𝒏𝒍𝒚𝒃𝒊𝒈𝒐𝒑𝒕𝒊𝒐𝒏𝒔
@toofast0253
@toofast0253 3 жыл бұрын
How involved does AirBNB get if there is an issue? I've had less-than-pleasant experiences with third-party-adminstrators.
@AlexaStyleBook
@AlexaStyleBook 3 жыл бұрын
Ooohhh this is so interesting 💕💕💕 excited for this
@swimman62197
@swimman62197 3 жыл бұрын
I’ve stayed at Airbnbs run by doctors who cater to med students doing an away rotation or people who are coming to interview at the nearby med school. I’d consider it if I had a place where I know I’d attract that type of demographic.
@anniebanana3698
@anniebanana3698 3 жыл бұрын
That sounds better in a way than just absolute randos as long as I didn't get a Dr. Death type of doctor, lol.
@lylestavast7652
@lylestavast7652 3 жыл бұрын
what is the tax situation for doing this - do you have to collect a sales tax for the local/state etc ? What is the insurance situation on protecting your property for fire and other damage - separate policy ?
@ivantejeda
@ivantejeda Жыл бұрын
Hey Lyle 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@creativegreats6924
@creativegreats6924 2 жыл бұрын
I see you use the gh5 ...I used to have that camera since you have the canon lenses why don't you just use the canon eos r (no handheld image stabilization) or better yet the canon R6 (handheld image stabilization) 1)it's full frame 2)You already have a wonderful 24-70 2.8 ii canon lens that you can put on the $100 canon ef to rf adapter that attaches to the canon R6 3)It has continuous auto focus so most of your footage will be In focus 4)it has a flip out screen you can view yourself while filming. 5)it has image stabilization just like the gh5 6)it takes better photos 7)the Colors out of canon are beautiful 8)it has photo auto eye focus so your photos will all be in focus 9)it's better in low light cause it's full frame for one 10)it has various 4k codecs you can edit with . 11)very easy to use like a iPhone 12) newer technology You can sell the gh5 and metabones over $1000 put it towards the canon R6 and keep your ef canon lenses .
@ivantejeda
@ivantejeda Жыл бұрын
Hey @Creative Greats 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@TheSurgeonsRoadie
@TheSurgeonsRoadie 3 жыл бұрын
Thanks for the info Shelby! I'm doing this right now!
@caroline_lapuerta
@caroline_lapuerta 3 жыл бұрын
For a video idea, you should do “Co-Living in New York” a good place for those resources is Common!
@mahoganydrive
@mahoganydrive 3 жыл бұрын
She doesn’t mention cleaning. Only laundry. Does she hire it out? I know there is usually a cleaning fee added to pricing.
@UHCHighlights
@UHCHighlights 3 жыл бұрын
Here before Grapham Stephan
@robynbrockhoeft5210
@robynbrockhoeft5210 Жыл бұрын
Yes I would consider doing it. I would rather have my complete privacy, but my pocketbook has other opinions.
@DanFrederiksen
@DanFrederiksen 3 жыл бұрын
She is living there for 1000-1500 building equity and you are talking about 4000$ rent :) Aside from the 20% down, 4k is the mortgage on a million dollars. Say you can rent out part and only have to pay 2-2½k. Mini mansion in the north for cheap :)
@xlasvegan7x
@xlasvegan7x 3 жыл бұрын
We rented out the main floor of our house for three years..the money was good but the noise level drove me nuts because I lived in an apartment below. Never again.
@ScottWallace5
@ScottWallace5 3 жыл бұрын
Great and interesting video Shelby! Definitely helps with the costs, but the safety concerns and getting some possibly weird/odd people renting would be the biggest concern with me.
@ivantejeda
@ivantejeda Жыл бұрын
Hey Scott 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@pierrefitch
@pierrefitch Жыл бұрын
I wanna rent a room in my house I'm just worried if they would stealing stuff
@melissad5894
@melissad5894 3 жыл бұрын
I turned my basement into a nice Airbnb and it pays my mortgage pmt every month so far the first 3 months. I think your friend may he leaving money on the table - she should raise her rates if she’s booked solid
@chrismcdowell7138
@chrismcdowell7138 3 жыл бұрын
My cats barely let me live, in their house, let alone any strangers..
@praslisa
@praslisa 3 жыл бұрын
lol
@chrismcdowell7138
@chrismcdowell7138 3 жыл бұрын
@Pïññèd by•Shëlby Chürçh• • - Oh Shelby, I have been waiting all these long years, for your personal response. Finally! Wait a minute, why did you spell your name so funny?????
@TheKhrissss
@TheKhrissss Жыл бұрын
We just gon ignore the roach in the bottom left between the desks at 2:03?
@maxstyne
@maxstyne 3 жыл бұрын
I was thinking of doing this, so this video is just perfect timing🏆
@OldWurlitzerMusic
@OldWurlitzerMusic 3 жыл бұрын
i think you would have to be the type of person to deal with people and renting , like the small hotel business back in the 70's they where every where family owned and they lived there on site or having borders but usually they would stay long periods of time , for me it would be some one i know , you really got to be careful and depending on where you live , that place is a nice roomy room with everything handy
@NinaThomas
@NinaThomas 3 жыл бұрын
This was really cool to hear about! I've never wanted to be a landlord but Airbnb could be a good alternative.
@sandy949
@sandy949 3 жыл бұрын
Great video Shelby. I’ll look up those dog treats!
@stargazer5073
@stargazer5073 3 жыл бұрын
No never rent out a room in your home, where you live. But rent out a separate unit.
@marissah8921
@marissah8921 3 жыл бұрын
I'd be curious to know if people who rent apartments and then rent out a room on Airbnb have approval from their landlord or leasing company? A lot of leases ask for approval before you sublet out your lease to someone else, or flat out don't allow you to do so. I also would be curious if people who manage to cover their entire portion of the rent or mortgage are honest with renters about their ability to contribute 0 based on their renter's $$.
@googiegress
@googiegress 3 жыл бұрын
I work for a property mgmt company. Our leases are professional, follow all laws and standard operating procedures, and lay out everything really clearly so there's no misunderstanding. We absolutely forbid all subletting. It's an insane risk and of course we wouldn't benefit from it even if we did allow it. So why would we? That said, it seems like nobody obeys their lease. We uphold 100% of our end, but then they bring in a bunch of dogs and felons and start making meth. And then when we tell them they have to obey the lease they fucking signed, they act like landlords are bad. Tenants are horrible.
@نبڕٰا-ب9و
@نبڕٰا-ب9و 3 жыл бұрын
I recognize that people in America are very productive
@janetberry1042
@janetberry1042 3 жыл бұрын
She has a perfect space and I was surprised at the cost of her house payment based on what Shelby is finding w/ rental prices. Although, of course, mortgages have many other factors that effect the final monthly payment.
@ivantejeda
@ivantejeda Жыл бұрын
Hey Janet 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@MichaelIp
@MichaelIp 3 жыл бұрын
I have a house with 3 bedrooms. I probably wouldn't rent out a room on Airbnb because I like having my privacy. If I had a set up like the girl you interviewed, I'd consider it. But the fact that I'd have to share common spaces with someone I would not do it.
@MileHighIsland
@MileHighIsland 3 жыл бұрын
Aloha Shelby, if I had the time and space I would totally do this.
@bantingdearest2962
@bantingdearest2962 3 жыл бұрын
great video but i wonder whether it will work here in BOTSWANA
@beetender1607
@beetender1607 3 жыл бұрын
Shelby said, dang! Great video.
@Spenta
@Spenta 3 жыл бұрын
Thanks for sharing
@ivantejeda
@ivantejeda Жыл бұрын
Hey Spenta 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@alesha9011
@alesha9011 3 жыл бұрын
How interesting! Something to think about. Great job Shelby...
@alesha9011
@alesha9011 3 жыл бұрын
@Pïññèd by•Shëlby Chürçh• • Hello! I'm msg you from France
@mollycaple343
@mollycaple343 3 жыл бұрын
It isn’t her, don’t message that number.
@alesha9011
@alesha9011 3 жыл бұрын
@@mollycaple343 ok Thank you
@michelleobrien6630
@michelleobrien6630 2 жыл бұрын
would I rent an Airbnb which is a room in someones house? yes. that's the only type I have rented as I only need a cheap room to sleep in near the venue/event I am attending. Would I rent a room in my own place? Yes, but to long term renters as I've never had a house nice enough or in a suitable location for Airbnb. If I had a well located and attractive home I think higher rental short stay would be more appropriate.
@ivantejeda
@ivantejeda Жыл бұрын
Hey @Michelle O'BRIEN 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@HunterHastings_
@HunterHastings_ 3 жыл бұрын
I rent out the spare room in my two bedroom apartment. I usually earn anywhere from about $700 to $1000 a month doing so. My rent is $1300 and most the people are just there when sleeping and it hardly affects me and I barely notice them. I have had a few small incidents but I would still say it is worth it.
@lynnrichards0n655
@lynnrichards0n655 3 жыл бұрын
Don't forget to hit...the subscribe button much ❤❤❤ =what's Ap📬🔹️.... °°°°... .
@lynnrichards0n655
@lynnrichards0n655 3 жыл бұрын
PLUS ONE, (THREE, ONE, FOUR, NINE, ZERO, FOUR, SEVEN, ONE, THREE, NINE) .
@peaceformula5830
@peaceformula5830 2 жыл бұрын
Isn't that called Subletting? Does the landlord know or you just do it quietly? I'd love to have a place and get help with the rent like that.
@Lexiexplainsitall
@Lexiexplainsitall Жыл бұрын
I want to do this can you help
@thanasis736
@thanasis736 3 жыл бұрын
Awesome video 😍 Make more videos for real estate!
@GrandMasterFreshMpls
@GrandMasterFreshMpls 3 жыл бұрын
I love your real estate videos
@iamclaudette5916
@iamclaudette5916 3 жыл бұрын
Thanks for another great tips. Love this as usual.😊
@LaToya_B
@LaToya_B 3 жыл бұрын
My husband and I are thinking about renting our home out for Airbnb. I would definitely do this.
@becciboonz3708
@becciboonz3708 3 жыл бұрын
You didn’t mention taxes? Does it effect the income a lot ?
@googiegress
@googiegress 3 жыл бұрын
AirBNB takes a cut, like 20%? A lot of local governments have figured it out by now, so mostly you also have to pay the occupancy taxes on short-term rentals like any hotel, which might be 5%. CA has a state income tax of 10%? And whether the income goes to you personally or to a business you set up, you'd then pay income tax on that.
@atlfun08
@atlfun08 3 жыл бұрын
I don’t think that I could rent a room in my house unless maybe I was open to a roommate situation but I’m kinda over roommates at the moment but I used not like living alone. But I’m wanting to airbnb out my new house after I live it for a few years! If the HOA lets me…lol
@googiegress
@googiegress 3 жыл бұрын
The trick is, never buy anything with an HOA. HOAs are the worst.
My Airbnb Lost Money... Here's The Truth About Being an Airbnb Host
13:58
Why shipping container homes are overrated
10:36
Vox
Рет қаралды 4,5 МЛН
I Sent a Subscriber to Disneyland
0:27
MrBeast
Рет қаралды 104 МЛН
Непосредственно Каха: сумка
0:53
К-Media
Рет қаралды 12 МЛН
14 Things I Wish I Knew BEFORE I Started Airbnb
17:08
Dave Cordner
Рет қаралды 90 М.
3 Problems With Owning An AirBnB That No One Talks About!
7:24
The Ramsey Show Highlights
Рет қаралды 1,3 МЛН
5 Years in Stocks VS Real Estate: Which Made Me More Money?
14:00
Shelby Church
Рет қаралды 421 М.
Why I Don’t Own A House as a Multi-Millionaire…
14:54
I Will Teach You To Be Rich
Рет қаралды 1,9 МЛН
Architect's TOP 10 Kitchen Design Mistakes
21:12
Daniel Titchener
Рет қаралды 1 МЛН
I Stayed in a $60,000 Prefab House to See If I would Buy One
15:12
Shelby Church
Рет қаралды 247 М.
7 Things I Wish I Knew BEFORE Setting Up My Airbnb Rental
10:17
Shelby Church
Рет қаралды 279 М.
HOW TO MAKE A MILLION DOLLARS RENTING ROOMS | TODD BALDWIN
7:59
Black, Married and DEBT FREE
Рет қаралды 11 М.
I Sent a Subscriber to Disneyland
0:27
MrBeast
Рет қаралды 104 МЛН