How to Make Money with Airbnb Without Owning Property

You've heard people swoon about Airbnb making good profits, and you're even considering giving it a try.

The only downside is: you do not own any land that visitors will rent out. So, what are you doing? Toss the definition. It was a good idea, I mean, but life has other plans for you, doesn't it?

Incorrect. 

I have mentioned three options below on how to start an Airbnb business without owning a house. Give them reading, and maybe it will prove to be a fruitful effort for you.

Arbitrage 

If you want to make money on Airbnb without owning property, the first choice open to you is to use sublets.

People have to travel for several months often but are trapped in a leasing deal or do not want to lose their lease on the location they are renting at the moment. So, on locations like Kijiji and other forums, they post their apartments (be very vigilant when using Craigslist) to locate individuals for the predetermined time to take over their contract.

Typically, they can sell them at a price that is less than their real rental price as people sub-locate their apartments.

You would then put it on Airbnb and rent it out to visitors for a fee if you take over one of those leases. Another choice is to rent your own apartment/house, not use it for your home, but instead list it on Airbnb to make a profit for a price greater than your rent.

For all these choices, you must remind yourself of the rules and agreements of the local renter and state the intention of using the Airbnb apartment/house as a means of making an income.

Any rental facilities have stringent guidelines against such activities and if you chose not to tell the rental office about your plans, it might end up messy.

Airbnb does provide cover for renters, but this does not ensure that the visitor will operate on their own and will not create undue noise or any unruly circumstances.

Also, you will need a start-up fund for this option to cover the initial costs of providing rent for the first and last month, maybe even a security deposit, and maybe furniture to equip the apartment/house.

Airbnb Experiences

If you have determined that you do not want to rent out the tiny spare room that you have and share your home with a stranger or go through the additional work of locating or renting sublet apartments, then Airbnb provides another solution through them to earn money. Airbnb has something called "Airbnb Experiences" on sale. To have interesting and off-the-track sights and activities that tourists would otherwise not know about, locals would give their time and knowledge of their hometown to tourists.

These activities will range from exclusive culinary tours to taking photographs of the most stunning places. You could provide photo shooting sessions for visitors at different sightseeing sites if you are reasonably experienced with a camera.

Or maybe you've got a pal who can get you tickets to amazing venues for athletic activities or gigs, or even clubs for VIP packages.

With a little bit of imagination, the possibilities are infinite.

Property Management Services

So, you don't want to rent your spot to be classified on Airbnb, because you're not a person. That means the number one and two tip tips are not for you.

What about programs for management? Airbnb property management programs provide you with a wide variety of possibilities to make money in forms not mentioned above, some of which can be as a virtual assistant, so you don't have to be qualified to live locally.

You may, for instance, design the welcome brochures for different rental locations. You may also be a co-host, taking charge of booking requests, editing on-site listings, engaging with visitors, schedule management, etc. This job will be called a virtual assistant one.

You could work on-site, offering the little touches for a guest's stay that create a difference. You might do that if you are more into sweeping. Perhaps with a high turnaround, your experience in technical cleaning assistance.

Or with little touches of comfort, you love planning the properties; little items that others would not care about, but that could take the efficiency of the guest's stay up a notch.

Conclusion

There are many possibilities and choices for how to make money with Airbnb without owning property. Let's face it, not everyone can afford their place and a place to rent out (if living constantly with strangers is not your cup of tea).

Creativity will make you stand out from the others when providing specialty services to visitors and help you carve out your little niche in this field.

And if you just imagine engaging in their world on a part-time or weekend basis, the hospitality industry may be a satisfying one.