Airbnb: earn money with your apartment, part-time job center

Do you like to travel, are you always on the move in world history and are you always looking for nice, but affordable accommodation? Many are like you. More and more people rent and rent their rooms through Airbnb. You have probably already found somewhere on Airbnb. The great thing about the website for homesharing: You can stay with locals who like to share their experiences and knowledge of the city with you. You can not only use Airbnb as a traveler, but also become a landlord yourself. In Cologne, for example, during GamesCom right to earn good money. We write from our own experience and therefore know how to do it: what do you have to consider, which ones regulations are there and how can you ensure that your guests feel completely comfortable in your accommodation? You can find out more here!

Who can be a host??

In theory, anyone with a vacant room can host Airbnb. In practice, especially in Germany, the project is often restricted by regulations and laws. The idea for Airbnb came about when the founders offered their loft as an overnight stay for guests during a large trade fair in San Francisco a few years ago – at that time with air mattresses. Airbnb should work similarly. In the meantime, however, a lot has happened and more and more landlords have switched to permanently renting their living space to tourists instead of – as originally planned – only occasionally accepting guests. How much commercial Airbnb rental actually has an impact on the housing market cannot be clearly determined due to the lack of figures, but many cities have introduced regulations to prevent this.

Airbnb Rental Policy

Basically there are no uniform laws for Germany. So wherever you live, you have to get specific information about your city. In Cologne, for example, there is the Housing Supervision Act: short-term rentals are only permitted if the owner or main tenant lives in the property for most of the year. In Munich there is an upper limit of eight weeks if you want to rent more than half of the total area and not just a room. It is also important that you inform your landlord, if the apartment is not yours, otherwise he can give you notice without notice and we all do not want that.

Create your host profile

You have observed all regulations, obtained all permits and are now ready to start your additional income with Airbnb? Then go ahead! Register on Airbnb and create your own profile. Trust is the be-all and end-all here, so you should take a little time to describe your apartment. Because detailed information about the location and equipment of your apartment and the connection to public transport ensure that your potential guests know exactly what they are getting into and what they can expect. Of course, this also includes the house rules, e.g. whether smoking is allowed, the apartment is suitable for children or pets are allowed. But this is also important for your own well-being, after all you live there and call these four walls your home. So that you don’t feel like a stranger, you should definitely make your limits clear. If you’re just getting started with Airbnb as a host and don’t have any reviews yet, you should still keep your nightly rates moderate.

I only rent when I travel myself – And now?

You live in a shared apartment or one-room apartment and would like to make your room available while you are away? Sure, you can do that. But you should talk to your roommates. These can then welcome your guests to your apartment and show them everything. What do you do when you live alone? A solution can also be found by asking friends who live nearby. You can of course offer them a share in the earnings, e.g. in a 70-30 division. 70% of the income goes to you because you rent your apartment. 30% go to your friends who will take care of key collection and cleaning while you are away. If no one can be found, then Airbnb also offers you the opportunity to hire experienced hosts from your area.

Taxes and reporting requirements

In Germany there is a law that states that all hosts who rent their rooms for less than three months a year are obliged to collect and store data about their guests. For this you can buy ready-made registration certificates online or keep your own guest directory. However, it is important that you comply with all applicable data protection regulations in Germany and the EU. So only collect data that you absolutely need for the German reporting obligation and delete it after three years. With the tax it can get complicated. Basically is a earnings Up to 450 euros a month tax-free, but if you go beyond that, you definitely have to pay taxes. Airbnb has specially developed a tax advisor for hosts. When in doubt, it is always better to get help from a tax advisor.

And if something happens?

Airbnb offers you basic insurance that covers any damage. Nevertheless, you should make sure that you have good household and liability insurance. If there are small things, for example a glass or plate broke, you can of course ask your guests to replace them. After all, it’s not a big cost to them, but it’s a harm to you. Most guests do this without being asked, because they know that you still need your dishes. However, if your guests have behaved completely wrong, don’t be afraid to leave them an appropriate rating – that’s only fair!

Making money with Airbnb rentals on the side may sound more complicated than it actually is. Because once everything has been regulated, the whole thing works almost automatically – especially in the big cities and tourist attractions. In order to make the experience of your guests in your city even more beautiful, you are welcome to provide them with information about the trendiest neighborhoods or great attractions. This way you ensure even more fun for your visitors, you are guaranteed good ratings and the ruble rolls!

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Christina Cherry
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