How To Make Money Off Your Apartment or House When You’re Abroad

12/1/09  Print This Post Print This Post    4 Comments      Written by Sarah Menkedick
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Feature Photo: kevindooleyPhoto: longlostcousin

A new website seeks to hook travelers up with local digs around the world.

“Travel like a human” is the motto of AirBnB, a website devoted to hooking up travelers with lodging (from rooms and apartments to tree houses and castles) around the world. The site now boasts accommodation in 101 countries and has been getting all sorts of media hype in The New York Times and The Washington Post, among other places.

So what’s this all about, anyway? Essentially, you sign up for AirBnB and post information about the lodging you’re offering, plus photos that make the place look like a drool-worthy boutique hotel. Make sure there are huge windows giving out onto the Champs Elysées or the Tokyo skyline, and funky leather couches with nice end tables and avant-garde lamps in gorgeous lighting. Or aim for a different market and take a straight-up shot of your dog-eaten couch, offering it to poor, weary backpackers for twenty bucks. AirBnB offers a range from the backpacker to the deluxe.

That said, the site is not necessarily a place for the hard-core budget traveler getting by on Greyhounds and ramen. Most of the accommodations are below market rates but still hover in the $50-150 range, which means that if you’re usually dependent on hostels or Couchsurfing, this might not be an alternative.

Photo: striatic

At the same time, the quality you get for that price is most likely going to be infinitely higher than what you’d get in the smoke-stinking ancient hotel with yellowed mattresses that charges a fortune based on location alone.

The apartments, houses and rooms on AirBnB are downright, well, homey…they are, after all, where somebody lives year-round, not some dank pit that houses passerby after passerby.

As for hosts, the site looks like a great way to make some extra cash from your place. If you’re living abroad in a remotely strategic area, with a remotely decent apartment, this is a sweet way to drum up some extra income.

But what stops me is always the awkwardness factor. Do I need to make chitchat? Coffee? Invite the guest out for beers with my friends and I? Feel guilty about having friends over for beers? I don’t like navigating those host/guest boundaries, especially when there’s money involved and I have just met the guest in the last twenty-four hours.

And, I wonder, what sort of issues do these people face with their landlords? I’d like to give hosting a go, but I wonder what my neighbors would say about new sets of foreigners coming and going every week or so. The site doesn’t seem perturbed by rental issues thus far, maybe because most people don’t live with their landlords or interact with them, or because many people are renting apartments and houses they own? I’m not sure, but it seems some sort of legal ramifications might creep up somewhere.

All in all, sites like AirBnB and Couchsurfing are changing the traditional way in which people travel.

What do you think of this, Matadorians? Would you use this service? Would you rent a room, house, bungalow, mattress? Do you like the way these kinds of services are changing travel?


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About the Author

Matador ID: SarahMenkedick

Matador Contributing Editor Sarah Menkedick is a freelance writer based in Oaxaca, Mexico. Her writing has appeared in print and online publications, including Literary Traveler, Abroad View magazine, and National Geographic Glimpse. She has traveled, lived, and taught on five continents, and is constantly in pursuit of spicy food, dark beer, and new places to run. Check out her website of photography and creative nonfiction inspired by travel.

4 Comments... join the discussion!

  • Megan Hill replied on December 1, 2009

    This is definitely one of my long term goals. Thanks for the great info!

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  • Carlo replied on December 1, 2009

    In the past when we’ve traveled and kept a home we’ve rented it out. For example when we went to Europe in 2006 for 3 months we posted our flat on Craigslist and rented it to an Aussie to recover our rent and bills.

    My wife (then girlfriend) even rented her studio apartment for 10 days when we took a short vacation. It’s not something I ever would have imagined doing before I met her, but it makes a lot of sense.

    Craigslist in NA and Gumtree in Oz/NZ are great places to do this sort of thing.

    (later…)

    I quickly checked out that site…I really like the Groups idea “travel in your tribe”. Thanks for pointing this site out!

    PS – we host and guest on CouchSurfing all the time. Love it. You always feel like you know these people straight away.

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  • Carlo replied on December 1, 2009

    Side note, after looking a bit more at that site…it’s really cool just to be able to check out the interiors of these places…whenever I’m out walking past houses and apartment blocks, I’m always wondering, what do these places look like inside?

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  • Tara replied on December 3, 2009

    The awkwardness of this would really put me off as a guest or a host mostly because of the money factor. As you’re a paying customer you should be able to expect a quiet night in or be able to go out and come in at the early hours as you please… but at the same time this is someone’s home that you’re living in and they have every right to do as they like as they own the place.

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