Airbnb is one of the hottest ways to make some extra money, especially when you have some space you can spare. A lot of homeowners jump into this bandwagon. But not everyone who does is ready. That’s why there are a lot of common mistakes airbnb hosts make. If you’re planning on using Airbnb to … Read more
In 2018, a new law on taxing short-term rentals came into effect in British Columbia and has had serious impacts on businesses like Airbnb. This blog post is dedicated to answering the most commonly asked questions about paying taxes for these kinds of rental accommodation services – particularly ones located in BC. Understanding the Impact of Short-term … Read more
Many people across the world are intrigued by the idea of starting their own Airbnb business. After all, when it comes to side-hustles, renting out a part of your house to passing vacationers is probably among the easiest and simplest business there is. And with an international network, the potential for some serious income is … Read more
Airbnb continues to be a great platform to turn available space into a profitable business. For people with extra rooms in popular cities or vacation homeowners looking to monetize their property when it’s not in use, there is something for every kind of traveller. In the early days of Airbnb, the target market tended to … Read more
Everyone knows that you can use Airbnb to rent out your vacation property. That you can earn money from your primary residence while you’re out of town. Or even that you could make a side income by letting out an extra room in your home to budget-conscious travellers. The system has become so ubiquitous that … Read more
When you think of how Airbnb has turned an entire industry on its head, it’s pretty amazing. Just 11 years ago, it was two roommates in San Francisco looking to help pay their rent by offering short-term rentals of their air mattress. The company that was initially called Airbedandbreakfast.com, today has more than 4 million … Read more
Sometimes it seems like the Vancouver and Whistler real estate markets are so far-saturated that they won’t make suitable investments. For anyone just now considering their first rental property(s), there is a real fear that the moment may have passed. Even buyers looking to invest in vacation properties have had concerns that it’s not the … Read more
They’ve long been telling us that one-day smart devices would solve all of our problems. Articles going back 15 years were talking about refrigerators that would give you health tips and reorder your favourite foods before you ever run out. The future was going to be a technological marvel. Well, the future is now. While … Read more
Airbnb is a wonderful resource for landlords as they try to increase their profits. Long-term rentals can usually go for $900-1000/month while the same place can be sold for $100-120 per night for a short-term or vacation stay. The difference in earning potential between short-term and long-term rentals can be a major difference in Rental … Read more
In this modern era of constant security checks when flying anywhere, although it may not be true that there are only two types of baggage, carry-on and lost, it certainly is true that more baggage you do travel with, the more troublesome your baggage becomes. It is certainly possible your baggage could be lost. Therefore … Read more