{"id":4848,"date":"2023-06-06T12:20:15","date_gmt":"2023-06-06T20:20:15","guid":{"rendered":"https:\/\/www.dpgo.com\/go\/?p=4848"},"modified":"2023-06-18T01:52:53","modified_gmt":"2023-06-18T09:52:53","slug":"earning-airbnb-passive-income","status":"publish","type":"post","link":"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/","title":{"rendered":"How to Earn a Passive Income from Vacation Rentals"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In today\u2019s financial climate, earning a little extra money every month is a no-brainer. An Airbnb passive income is easier to secure than you might think. The idea that you need to own an entirely separate property in order to rent on Airbnb is a myth that seriously needs busting because it\u2019s simply not true.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We have long since advocated for a hands-off, <\/span><a href=\"https:\/\/www.dpgo.com\/go\/airbnb-automation-services\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">automated style of vacation rental ownership<\/span><\/a><span style=\"font-weight: 400;\">, and it\u2019s something we are very passionate about. That\u2019s why we created DPGO to make your life easier and we now integrate with so many property management systems that you can set up your listing and just walk away.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to that, we\u2019ve also crafted all sorts of guides and how-to pages aimed at helping you make the most of your business. <\/span><a href=\"https:\/\/www.dpgo.com\/go\/tools-for-remote-airbnb-management\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Remote property management technologies<\/span><\/a><span style=\"font-weight: 400;\"> are worth their weight in gold. Innovation is another factor, as guests expect things like <\/span><a href=\"https:\/\/www.dpgo.com\/go\/airbnb-self-check-in\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">self-check-in technologies<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.dpgo.com\/go\/how-to-manage-your-airbnb-inbox\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">fast response times<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">First, let\u2019s examine what an Airbnb passive income looks like\u2026\u00a0<\/span><\/p>\n<h2><b>What is a Passive Income?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A passive income can be any money made as a secondary income to your main earnings. Think of your passive income as the money you make \u2018on the side\u2019. These supplementary jobs or business ventures are not supposed to take up the majority of your time. If they do, they\u2019ll interfere with your primary earning and that could spell trouble for your mental health and time management.\u00a0<\/span><\/p>\n<h2><b>What Are Some Classic Passive Income Types?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Secondary income jobs are usually things that do not take up the majority of your time. Here are a few examples of this type of income:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Selling your artwork or photography online<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Affiliate marketing\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dividend stocks\u00a0<\/span><\/li>\n<li aria-level=\"1\">Currency exchange<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sponsored posts on social media<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Posting sponsored blog posts<\/span><\/li>\n<\/ul>\n<h3><b>Airbnb hosting is a notoriously high-maintenance activity, so <a href=\"https:\/\/turno.com\/airbnb-passive-income\/#:~:text=\" target=\"_blank\" rel=\"noopener\">how can I earn a passive income from vacation rentals<\/a>?<\/b><\/h3>\n<h2><b>Ways to Make a Passive Income from Airbnb<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">There are a few iron-clad ways to make your Airbnb hosting experience as easy as possible. These are some of our favorite ways to master the Airbnb passive income hustle:<\/span><\/p>\n<h3><b>Keep It Stocked<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Nobody likes having to run to the grocery store every day and when you\u2019re running a vacation rental, you really don\u2019t have the time to head out for fresh supplies every single day. Instead, head to Costco once a month and stock up on toilet paper, stain remover, coffee, and so on. Also, it\u2019s always a good idea to have a few spare sets of towels and maybe some bed linen too.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-4850 size-full\" src=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636.jpg\" alt=\"Airbnb Passive Income \u2013 How to Earn Extra Money via Vacation Rentals 1\" width=\"1280\" height=\"853\" srcset=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636.jpg 1280w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636-300x200.jpg 300w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636-1024x682.jpg 1024w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636-768x512.jpg 768w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636-175x117.jpg 175w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636-450x300.jpg 450w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636-1170x780.jpg 1170w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-pixabay-264636-270x180.jpg 270w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h3><b>Automate Your Pricing<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The battle for success in the vacation rental world heavily depends on the expertise of your pricing strategy. Again and again, price crops up as the deciding factor for the majority of guests, which means you\u2019d be setting yourself up to fail if you didn\u2019t offer optimized pricing. There is no quicker way to optimizing your pricing than making use of dynamic pricing services like DPGO. Unlike our nearest competitors, we use live data collected only from your local market to ensure your pricing is competitive at all times. Set rules for minimum and maximum prices, as well as weekend, seasonal, and special period adjustments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019ll update your prices once per day and you won\u2019t have to lift a finger!\u00a0<\/span><\/p>\n<h3><b>Aim for Superhost Status<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">While Superhost status is not necessarily a factor in running a listing remotely, it helps with bookings as it guarantees guests a certain level of service. Achieving Superhost status is easier than you might expect. However, it will take some time, so try to be patient and just stick to the same practices.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Airbnb, you need the following to qualify as a Superhost:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Completed at least 10 trips or 3 reservations that total at least 100 nights<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maintained a 90% response rate or higher<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maintained a less than 1% cancellation rate, with exceptions made for those that fall under our Extenuating Circumstances policy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maintained a 4.8 overall rating (A review counts towards Superhost status when either both the guest and the Host have submitted a review or the 14-day window for reviews is over, whichever comes first).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">There are four review periods per year, and they start on the following dates:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">January 1st<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">April 1st<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">July 1st<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">October 1st<\/span><\/li>\n<\/ul>\n<h3><b>Invest in Self-Check-In Technologies<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">One of the primary drawing cards for Airbnb over classic hotels is the unmatched convenience. A quick way to fall at the first hurdle is to make your guests wait at the property for you to manually check them in. Instead, make use of lockboxes, automated door locks, or a co-host to ensure that your guest&#8217;s convenience is the most important thing.<\/span><\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-3672 size-full\" src=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies.png\" alt=\"Airbnb Self-Check-In Technology\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies.png 1200w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies-300x158.png 300w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies-1024x538.png 1024w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies-768x403.png 768w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies-175x92.png 175w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies-450x236.png 450w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/08\/Airbnb-Self-Check-In-technologies-1170x614.png 1170w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h3><b>Make Use of Property Management Software<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Property Management Software makes life so much easier. If you want to be a full-time host and you have no other jobs or business endeavors, then you could probably manage without a PMS, but we\u2019d still recommend having one. Either way, when an Airbnb passive income is the target, you\u2019ll need to take as many operational shortcuts as you can.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Companies like <a href=\"https:\/\/www.igms.com\/\" target=\"_blank\" rel=\"noopener\">iGMS<\/a>, <a href=\"https:\/\/www.hostfully.com\/\" target=\"_blank\" rel=\"noopener\">Hostfully<\/a>, and <a href=\"https:\/\/www.guesty.com\/\" target=\"_blank\" rel=\"noopener\">Guesty<\/a> all provide vacation rental hosts with the freedom to explore other business frontiers without compromising on the quality of their rental operations. This is why they\u2019re perfect for people wanting to earn a passive income from Airbnb.<\/span><\/p>\n<h3>Hire a Co-Host<\/h3>\n<p><span style=\"font-weight: 400;\">One solution to most Airbnb management problems is <a href=\"https:\/\/www.dpgo.com\/go\/virtual-airbnb-co-host\/\" target=\"_blank\" rel=\"noopener\">to hire a co-host<\/a>. A co-host is a second pair of hands to help run the property and take the majority of the daily operations away from you, depending on the deal you\u2019ve agreed with them.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, co-hosts do have their drawbacks. They aren\u2019t able to optimize pricing as a dynamic pricing service can. They can\u2019t automate messaging, allocate cleaning tasks as quickly, and so on. For passive income businesses, paying a co-host and usage fees for multiple automation services doesn\u2019t make sense because it\u2019ll cost too much money.<\/span><\/p>\n<p><a href=\"https:\/\/www.dpgo.com\/app\/en\/account\/register\/?utm_source=blog&amp;utm_medium=website&amp;utm_campaign=sign_up_banner\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"aligncenter wp-image-3503 size-full\" src=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2.png\" alt=\"**Dynamic Pricing Tool for Airbnb Hosts\" width=\"1200\" height=\"580\" srcset=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2.png 1200w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-300x145.png 300w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-1024x495.png 1024w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-768x371.png 768w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-175x85.png 175w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-450x218.png 450w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-1170x566.png 1170w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<h2>In Conclusion<\/h2>\n<p><span style=\"font-weight: 400;\">For those looking to earn a little extra money on the side, renting out a room or a spare property on Airbnb is a great way to start. You don\u2019t need to buy a new property, quit your job to manage it, or have any experience in hosting. All you need is a room, a few automation services, and the drive to provide a great service for your guests! <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In today\u2019s financial climate, earning a little extra money every month is a no-brainer. An Airbnb passive income is easier to secure than you might think. The idea that you need to own an entirely separate property in order to rent on Airbnb is a myth that seriously needs busting because it\u2019s simply not true.\u00a0<\/p>\n","protected":false},"author":6,"featured_media":4849,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[23],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Airbnb Passive Income: Making More with Vacation Rentals<\/title>\n<meta name=\"description\" content=\"Airbnb Passive Income is an official buzzword in the industry right now and we\u2019re here to show you that it\u2019s trending for a reason\u2026\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Airbnb Passive Income: Making More with Vacation Rentals\" \/>\n<meta property=\"og:description\" content=\"Airbnb Passive Income is an official buzzword in the industry right now and we\u2019re here to show you that it\u2019s trending for a reason\u2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/\" \/>\n<meta property=\"og:site_name\" content=\"DPGO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dpgo.software\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-06T20:20:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-18T09:52:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2023\/06\/pexels-karolina-grabowska-4386431.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1279\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Charlotte Rogers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charlotte Rogers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/\",\"url\":\"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/\",\"name\":\"Airbnb Passive Income: Making More with Vacation Rentals\",\"isPartOf\":{\"@id\":\"https:\/\/www.dpgo.com\/go\/#website\"},\"datePublished\":\"2023-06-06T20:20:15+00:00\",\"dateModified\":\"2023-06-18T09:52:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.dpgo.com\/go\/#\/schema\/person\/2814431b44fa1d12e46ab5d7aa5270c5\"},\"description\":\"Airbnb Passive Income is an official buzzword in the industry right now and we\u2019re here to show you that it\u2019s trending for a reason\u2026\",\"breadcrumb\":{\"@id\":\"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.dpgo.com\/go\/earning-airbnb-passive-income\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.dpgo.com\/go\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Earn a Passive Income from Vacation Rentals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.dpgo.com\/go\/#website\",\"url\":\"https:\/\/www.dpgo.com\/go\/\",\"name\":\"DPGO\",\"description\":\"DPGO is a dynamic pricing tool designed specifically for Airbnb hosts, managers and owners.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.dpgo.com\/go\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.dpgo.com\/go\/#\/schema\/person\/2814431b44fa1d12e46ab5d7aa5270c5\",\"name\":\"Charlotte Rogers\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.dpgo.com\/go\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c353689de4c3216b858541b6e8a0ee12?s=96&d=wavatar&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c353689de4c3216b858541b6e8a0ee12?s=96&d=wavatar&r=g\",\"caption\":\"Charlotte Rogers\"},\"description\":\"I love writing and I am seriously passionate about real estate and technology. 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