My beginning steps into Real Estate Investing

A note and a nice tip from one of my Airbnb Guest

My first real estate experience was being an Airbnb Host. I thought it was a great way to make a little extra cash. After researching and reading about the many regulations and rules by the state of Florida and Palm Beach county on top of managing the Airbnb itself, I gave it a try. After all, I was only renting the extra bedroom in my primary residence.

I filed all the paperwork and received licenses required and I went on the Airbnb website to setup an account. I added pictures to showcase the room, set the schedule and pricing and the Do’s and Don’ts. At first, I set the price low just to see how many inquires I would get. After about a week, I received inquires from the first guest I would accept. After a few guests, I started getting the hang of it.

About 4 months into hosting, I was getting worn out. Between washing the sheets every few days and the cleaning, having guests that didn’t read the Do’s and Don’ts, and guests coming in and out at crazy times of the night, I decided that this may not be for me. So after 6 months, I had my last guests. The overall experience was great. I met some really great people and earned a little bit of money. I would definitely recommend becoming an Airbnb Host to anyone who has the space and looking to make some extra money. I would just caution them to make sure they are comfortable with hosting at their primary residence.

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