PHOENIX (3TV / CBS 5) – Looking to earn some extra cash by renting a room, guesthouse or second home? New Valley Airbnb Hosts Earn More Money Than Almost Anywhere Else! According to the short-term rental company, Phoenix is one of the best cities in the country for new Airbnb hosts.
“The new hosts in Phoenix made $ 6.3 million in the first six months of the year,” said Sam Randall, spokesperson for Airbnb. With a little nudge from his real estate agent, Trent Varhol became an Airbnb host for the first time earlier this year.
“I decided to give it a try after about a year to convince myself, I said, okay I’m going on both feet,” Varhol said. Varhol rents its 500 square foot guesthouse in downtown Phoenix.
“We had an occupancy rate of around 80%,” Varhol said. So far, it has had 134 bookings since March with guests staying an average of three nights.
“We charge between $ 75 and $ 150, depending on seasonality and the day of the week,” Varhol said. New Airbnb data shows Phoenix is the third most profitable area for new hosts. Randall says the average Airbnb host can make $ 9,600 per year.
“It’s a significant amount of money that people can use to, you know, help pay off a mortgage or supplement an income or renovate a house,” he said. While the money may seem tantalizing to some, it’s a commitment.
“It’s interesting, it’s different. It’s a lot more work, that’s what I expected, but you meet a lot of great people, no one is really happier than a person on vacation, ”Varhol said. Varhol is happy to have learned some life skills as a new host.
“As a 27-year-old boy, learning how to clean all the crevices well makes things spotless. Laundry. Laundry is another thing too, I was washing the towels with the sheets at the same time so I’m over there with the lint roller trying to get all the lint off, ”he said. But after six months, Varhol has mastered cleaning and is hoping more guests will enjoy her spotless space.
“The biggest draw we have is a private pool and a great setup, so it’s a lot more unique than your typical hotel,” he said. During the pandemic, AZFamily reported several loud and destructive parties at Airbnbs. Varhol said he was worried about it but has yet to run into any issues.
If you want to know more about what it takes to host, click here to find more info.
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