Airbnb (Hosting) Has Anyone Got Any Experience with This? What Do I Need to Have and Know?

AdamFury on 02/01/2018 - 11:03

Hi there OzBargainers.

Looking to draw on some knowledge of the community regarding Airbnb.

Has anyone had experience being a host and renting out a home? What do I need to have and am I protected for damages etc.

In terms of fees the only thing I can find is a 3% fee. This seems quite low are there any other hidden charges?

Also does Airbnb protect against stealing and damages and how do I prove this? Do I take photos of pretty much everything before hand?

Looking to get it up and running fairly soon so any assistance would be appreciated!

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Comments

  • oscargamer on 02/01/2018 - 11:10
    +1

    What does the airbnb website say?

  • kipps on 02/01/2018 - 21:25

    Have you read your home & contents insurance policy? Is it voided by Airbnb?

    What makes you think Airbnb would be liable to you for damage by the occupant? Why wouldn’t you simply have to chase that occupant?

    • AdamFury on 03/01/2018 - 00:38

      I will certainly check the home and contents policy. Thanks for the heads up!

      I noticed they have this on their terms

      Does Airbnb provide any insurance for hosts?
      Accidents are rare on Airbnb, but just in case, we’ve got your back. Our Host Guarantee provides up to $1,000,000 AUD of coverage in case property damage occurs, and our Host Protection Insurance provides liability coverage for up to $1,000,000 AUD, for every listing. We also offer 24/7 host support—because your peace of mind is priceless.

  • TheBilly on 02/01/2018 - 22:19
    +2

    If your property isn't in a hot hot location (think CBD, beaches, tourist routes), I highly doubt it will be any more lucrative than a secure long term regular tennant.

    • AdamFury on 03/01/2018 - 00:40

      It did used to be rented by long term tenants and is in a popular tourist destination close to the beach.

      My idea was to use Airbnb to simply rent it out during busy periods. Easter, Christmas etc.

  • huntress_love on 03/01/2018 - 01:55

    Do a course, there's are free ones or cheap udemy one. Gives you a good overview. Just Google it. Definitely gives you an edge to charge higher price if you do it right.

  • Quantumcat on 03/01/2018 - 07:38
    +1

    Google for stories about hosts places getting trashed and their troubles getting compensation from Airbnb. It will put you off.

  • noobie123 on 15/01/2018 - 22:23

    Join Facebook forums. As with anything they can give good advice or be snarky.

    First few guests will be hard, but once you work out ways to streamline it you'll be fine. Is it an apartment or house?

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