Airbnb has made it super-easy to rent out your home. If you’re in New Orleans homeowner thinking about making some extra cash, read on.
You may be wondering how to go about renting your home on Airbnb. This guide breaks the process down step by step.
Here’s How To Rent Your Home On Airbnb
In New Orleans, hotels can charge high rates, not to mention a pricey parking fee if you have a vehicle. For many people, it makes sense to rent a home on Airbnb instead.
All you have to do is be willing to rent your property for a few days to make some good money. But before you do, make sure that you reside in an area / neighborhood where new faces are welcome and guests feel safe.
It’s also a good idea to to make sure your neighbors are aware of what’s going on to a reasonable degree. You might also want to check to see if your homeowners association forbids it.
If you’re all clear, then you just need to prepare to rent your home.
How Old Do You Have To Be To Rent On Airbnb?
Airbnb’s terms of use indicate, guests and hosts must be 18 years or older. No children are allowed to create an account.
That means you won’t have to worry about young kids renting out your home for a Sweet 16 party. College students, however, are generally old enough to use the platform.
What Percentage Of Rent Does Airbnb Take?
iAirbnb charges a service fee of 3% for hosts with a residential listing. If you have a Super Strict cancellation policy, you may be charged more based on other factors.
Now let’s go over how to set up your Airbnb account.
List Your Home In 6 Steps
1. Set up an account and log onto Airbnb.com, click on “Add a listing.”
2. Once you go through the prompts, you’ll choose whether this is a guest house or one where you “keep your personal belongings.”
You’ll also need to disclose whether you’re listing on behalf of a company or just yourself.
3. Under “Sleeping Arrangements,” add how many beds are in the bedroom(s) as well as if you have a sofa bed.
4. Once you add your address, you’ll need to confirm on a Google Map embedded in the page. Next, list any amenities like Wi-Fi, heat, AC (yes, those are all amenities) so that guests know what to expect.
5. Next list all the “Spaces” that guests can use (pool, washing machine, dryer, etc.).
6. Upload pictures of your home then describe your place, neighborhood and surrounding features to really sell it to would-be guests.
Once you do that, you’re ready to press the button to list your home.
3 Tips & Tricks When Renting Your Home On Airbnb
- Remember, all transactions should be handled by Airbnb. Do not accept cash payment outside of the online system, that’s how trouble and discrepancies can arise.
- Always draft some house rules: Let your guests know that this is not an anything-goes residence and that big parties are a no-no.
- Before you accept a guest, make sure they have great reviews. If you read their ratings on Airbnb, that will give you the greatest indication of what type of guest they are.
Final Word
Renting your home out on Airbnb can be an easy way to make some extra cash. If you live in New Orleans, the city has so many visitors that renting a home instead of a hotel is a viable option.
As you can see, there is some money to be made from renting your home out on Airbnb. To make the most of your home, always communicate your house rules to your guests ahead of time so there’s no misunderstanding.
Also, we can’t stress it enough: Let your close neighbors know that you’re listing your home on Airbnb.
There’s nothing worse than you renting out your home only to get a call from the cops hours later, saying that your neighbor reported a suspicious person on your property.
New Orleans has one of the best real estate markets in the South, with affordable housing in large swaths of the city. Large backyards and strong, vibrant neighborhoods with ample dining amenities make it one of the top places for transplants looking for a new home.
Keep up with what’s going on in New Orleans’ real estate scene here.
