How To Rent a House and Put It On Airbnb

Introduction.

Renting out a house on Airbnb can be a great way to earn some extra income. Whether you’ve got a property that you don’t live in year-round or you’re looking to invest in a rental space, Airbnb offers a flexible way to host travelers.

But getting started can seem a bit overwhelming, from preparing the house to listing it, and handling guest expectations along the way.

In this guide, I’ll walk you through everything you need to know—from choosing the right house, setting it up, understanding the local rules, to actually listing and managing it successfully on Airbnb.

How Do I Rent a House and Put It On Airbnb?

Step 1: Decide on the Right Property

If you already own a property, it’s simpler to get started. But if you’re looking to rent or buy a new place specifically to list on Airbnb, you’ll need to consider a few things first.

Location, Location, Location

The location of your property matters a lot. Research shows that properties near tourist hotspots, business hubs, and event centers tend to do well. Vacation rentals near national parks, beaches, or cultural landmarks, for example, often see higher occupancy rates and can charge more per night.

Property Type and Amenities

Different types of properties perform differently on Airbnb. Apartments, single-family homes, and unique stays (like tiny homes, cabins, or converted buses) each appeal to different kinds of travelers. It’s also important to consider what amenities you can offer, like Wi-Fi, laundry facilities, or a full kitchen. These are often the basics, but things like a hot tub, pool, or pet-friendly space can make your property stand out.

Step 2: Understand Local Regulations and Get Permission.

Before signing any lease or even before listing your own home, make sure to understand local Airbnb regulations, which vary widely.

Many cities require hosts to register their property, pay certain taxes, or comply with health and safety standards. There may also be limits on the number of days you can rent out a property per year.

If you’re renting a property that you don’t own, check the lease agreement or talk to the landlord. Some landlords might not allow subletting or short-term rentals, so it’s crucial to get their permission in writing.

Step 3: Set Up and Furnish the Space.

A well-furnished space can make all the difference on Airbnb. Here are some key things to keep in mind:

Essential furniture: Invest in a comfortable bed, seating, and basic furniture. Quality bedding and towels are also essential.
Add local touches: Guests appreciate a unique experience, so try to include some local art, guides, or recommendations for nearby attractions.
Functional details: Make sure your property is fully stocked with essentials like kitchenware, toiletries, and extra linens.
Safety measures: Don’t forget to add smoke detectors, carbon monoxide detectors, and first-aid kits. Some guests also appreciate things like fire extinguishers and secure locks on windows and doors.

Step 4: Take Quality Photos and Write a Compelling Listing.

Airbnb listings with high-quality photos and engaging descriptions attract more interest. Here are some tips to make your listing shine:

Use good lighting: Natural light works best, so take photos during the day and open curtains or blinds.
Focus on details: Take photos of every room, highlight unique features, and include wide shots to give guests a feel for the space.
Write a clear description: Describe the space accurately, from room size to amenities. Mention nearby attractions, accessibility, and anything unique about the property.

Step 5: Set Your Price.

Pricing is an essential part of Airbnb hosting. Look up comparable listings in your area to get a sense of the average rate and adjust it based on your property’s unique features.

You can also use Airbnb’s Smart Pricing tool, which suggests nightly rates based on demand, season, and location.

Step 6: List Your Property and Manage Bookings.

Once you’ve got the basics down, it’s time to list your property. But it doesn’t end there—regularly managing bookings and communicating with guests is key to maintaining positive reviews and consistent occupancy. Here are some things to consider:

Communicate well: Prompt and clear communication is crucial. Answer questions quickly, confirm booking details, and provide check-in instructions.
Set up a routine: Cleaning and restocking between guests can be time-consuming, so consider hiring a cleaning service to keep the property spotless.
Handle reviews: Reviews help build your reputation, so try to make each guest’s experience memorable. Address any issues, even minor ones, to avoid negative reviews.

Pros and Cons of Renting a House on Airbnb

Pros:

Income Potential: Short-term rentals often yield more income than long-term rentals, especially in tourist-heavy areas.
Flexibility: You can decide when to rent out the property and adjust the pricing.
Meeting New People: For those who enjoy interacting with travelers, hosting on Airbnb can be an enjoyable experience.

Cons:

High Maintenance: Hosting requires regular cleaning, upkeep, and guest management, which can be demanding.
Regulations and Taxes: Some cities have strict short-term rental regulations, and Airbnb income may be subject to taxes.
Risk of Damages: Despite Airbnb’s Host Guarantee, there’s always some risk of property damage or wear and tear.

Frequently Asked Questions

1. Do I need to own a property to list it on Airbnb?

No, you don’t need to own the property, but if you’re renting, you must have your landlord’s permission and ensure subletting is allowed in the lease agreement.

2. What are the fees associated with Airbnb?

Airbnb generally charges hosts a service fee of around 3% per booking, while guests pay a fee that ranges between 5-15% of the total booking price.

3. How much can I earn on Airbnb?

This depends on the property’s location, season, and demand. According to Airbnb, the average host in the U.S. makes about $9,600 per year, but properties in popular areas can earn significantly more.

4. What if guests cause damage to the property?

Airbnb provides a Host Guarantee, which may cover damages up to $1,000,000. However, it’s wise to have home insurance and take steps to prevent damage, like requiring a security deposit.

5. How do I handle taxes?

Income from Airbnb is generally taxable. Some areas require specific occupancy taxes, which Airbnb can collect on your behalf in certain locations. It’s best to consult a tax professional to understand your obligations.

Conclusion

Renting a house and putting it on Airbnb can be a profitable and flexible side business. It allows you to earn passive income, meet new people, and even put an unused property to good use.

However, it also requires some upfront effort to manage the property, maintain high standards for guests, and comply with regulations.

Is hosting on Airbnb something you’d consider doing? And what kind of property would be ideal for you if you did?