Jasper Ribbers is one of the leading experts on building an Airbnb side hustle, having done it himself with his Amsterdam apartment and having co-authored the bestselling book on the topic, Get Paid for Your Pad.
(He also runs a blog and podcast by the same name.)
I was introduced to Jasper by Jesse Krieger (Episode 62, Generating Lifestyle Business Ideas That Work), and grew fascinated by his story. He gets to travel the world while his asset back at home earns roughly $60,000 a year from short-term Airbnb rentals.
And the kicker? Nearly the entire process is outsourced at this point, though it took some time to get there.
If your town has a hotel or motel, there’s at least some demand for short-term lodging — and you could fill that need.
This was kind of eye-opening to me, because there aren’t many Airbnb listings nearby, but there are plenty of hotels. As Jasper explains, areas of lower demand are often areas of lower competition, which can be a good thing for you as a host.
Homeowners and real estate investors should pay close attention to this episode, and Jasper even shares the story of a tenant who subleases his apartment on Airbnb (with his landlord’s approval) and has a nice little business going.
Free PDF Download:
- Get $25 off your first Airbnb stay through this link.
- How to make your Airbnb listing shine.
- Jasper’s tips to get your first bookings and reviews.
- How he’s outsourced his entire rental process, and one cool tool to handle all your guest inquiries.
- How Airbnb can yield greater returns for homeowners and landlords, and the potential risks and downsides of pursuing this strategy.
- How to price your property for maximum revenue.
- The ranking factors in Airbnb’s algorithm to get your listing to the top of the search results.
- Jasper’s #1 tip for Side Hustle Nation.
- Get Paid for Your Pad book
- How to Live Rent Free
- Guesty.com (use code GPFYP for your first 2 weeks free!)
- Airbnb vs. traditional rental case study
- Jasper’s travel blog
I have yet to try Airbnb in either our own home or as an investment, but Bryn and I are staying at several Airbnbs while on our trip to Spain and Portugal.
I like to support the side hustle economy however I can, and I also like having a little more space than a traditional hotel room. In some meaningful way, it feels like a more “authentic” way to travel, if that makes sense.
What do you think? Have you ever stayed in an Airbnb or thought of listing your place?