Passive Income: A Step-by-Step Guide to building a Passive Income stream of $5000 a month using Airbnb
By George Pain
4/5
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About this ebook
Are you tired of your current 9-5 job? Or sick of the hassles of dealing with rental income.
Airbnb is your answer. This book gives you all the details you need to know.
Airbnb is one of the largest and fasted growing online global marketplaces focused on enabling guests and host to meet in order to transact. As such, it is not a real estate property marketplace but a hospitality marketplace.
This book brings you information that you require in order to become a host on Airbnb. It starts off by describing what Airbnb is, including how it works and how you can become a host. It goes ahead to inform you about the benefits of Airbnb income over rental income. To be able to receive these benefits, you have to optimize your listing (service profile) on Airbnb so that it not only captures potential guests' attention but helps to convert them into successful guests. Thus, it provides you with important tips on how to make your listing professional and appealing to your potential guests.
Most importantly, it gives you all the tools , resources and softwares you need to automate your Airbnb income; making it a true source of passive income.
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Reviews for Passive Income
1 rating1 review
- Rating: 4 out of 5 stars4/5Great book! Just a bit about dealing with bad guests would make this book complete.
Book preview
Passive Income - George Pain
Airbnb
Book Description
Airbnb is one of the largest and fasted growing online global marketplaces focused on enabling guests and host to meet in order to transact. As such, it is not a real estate property marketplace but a hospitality marketplace.
This book brings you information that you require in order to become a host on Airbnb. It starts off by describing what Airbnb is, including how it works and how you can become a host. It goes ahead to inform you about the benefits of Airbnb income over rental income. To be able to receive these benefits, you have to optimize your listing (service profile) on Airbnb so that it not only captures potential guests’ attention but helps to convert them into successful guests. Thus, it provides you with important tips on how to make your listing professional and appealing to your potential guests.
One of the greatest challenges that face new hosts is how to price their host service so as to maximize income. Extremely high price discourages potential guests. Yet, extremely low price denies you the required income. Important pricing strategies are unveiled to help you be able to get an optimal initial price for your listing.
To continue attracting more guests and hence more income, you have to build a solid Goodwill. Goodwill is the unique benefit that accrues to you due to your reputation. Reputation on Airbnb is measured in terms of reviews. The higher the number of positive reviews, the greater is your Goodwill. The importance of reputation is that you can fetch higher price for the same service offered by others thus maximizing on your income. This book provides you with tips on how to get your initial positive reviews.
There comes a time when you need to raise your price. When should you raise your price? Timing is extremely important when it comes to pricing. Your income (a factor of time) depends on how you time your pricing. This book has endeavored to provide you with the basis upon which you can increase your price without discouraging potential guests.
The wealthiest of people know the importance of letting money work for you. You too can be wealthy via Airbnb by simply letting money work for you. You don’t have to hassle so much to earn. The secret is automation. You can automate your income on Airbnb. This book provides you with ways and means by which you can automate your income so that you can easily make $5,000 within the shortest time possible – not more than a month!
Introduction
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The hospitality industry is one of those industries that will continue to grow in leaps and bounds as our modern lifestyle continue to become increasingly sophisticated and specialized. More guests want hotel services away