Did you know can set minimum and maximum stay lengths?

Due to demand, seasonality of your location or just to have fewer in and out guests you can set minimum and maximum stay lengths for your listing. You are always in control of your listing.

Do you want to earn extra income but already work 40+ hours a week?

The trick of the investment pros is generating Passive Income. If you already work 40+ hours a week and don’t have time for any kind of extra job or side hustle creating passive income is a great way for you to get ahead without a whole lot of extra work.

What is Passive Income? I touched on this in my last post on Free Travel. A simple definition of passive income is income you received on a regular basis, with little effort required to maintain it. Say you work a typical job where the amount of time you work determines the amount of income you will bring in. For example, 8 hours of work at $10/hour gets you $80 minus taxes. With passive income you still make the same $80 but with much less actual working done by you. Let’s say that you rent your apartment on Airbnb for $80/night minus any fees. The amount of actual ACTIVE work it takes to make the same income is very little compared to eight hours at your full time job.

Investment pros create Passive Income by investing in in things like the stock market, income property, etc. But what if you don’t have money to invest? This is what’s great about Airbnb especially if you travel for work, pleasure or have an extra room. You don’t need any money to get started and you are leveraging your home/apartment to create extra income. You have to pay your rent/mortgage anyway why not turn your monthly liability into extra income for travel, paying off bills or buying some new things.

If you are ready to start making passive income we’re ready to help.

Do you love to travel but can’t afford it?

I can help you pay for travel expenses by showing you how to create Passive Income by renting your place on Airbnb and you don’t have to lift a finger.

Up until a few years ago I would work really hard for six to twelve months and then take a trip somewhere. Sometimes a really long trip. I could only work so many hours each week so I needed a way to earn extra income. I also had an apartment in a desirable area on NYC that just sat there when I was away. Airbnb provided the perfect solution. I started renting my place while I was away. Instead of costing me money it now made me money. One time I spent the winter Brazil. The income from my apartment paid for all my accommodations for 4 months. Another time during the worst part of the 2008 recession I took a year off and lived at the beach. Renting my place on Airbnb made this possible because the cost of my beach rental and half my monthly expenses were covered by the income generated by my apartment in NYC.

The only thing that would have made this easier for me was if I had someone who would deal with all the guest communication, scheduling and cleanings. This is where Mainstay comes in. Mainstay takes all the work out of renting you space making it an almost effortless way to earn extra money. You come home to clean home, just the way you left it and you are making money while you are away.

To learn how Mainstay can help you just get in touch.