“I’ve been trying to get a job for the nth time, but still no luck. Should I just give up?”
Short answer – No.
Long answer – Noooooooooo.
With job postings still scarce, job security dissolving, and wage expansion seemingly stagnant at best, many people are looking for ways to create some financial security by creating multiple streams of income. Whether you are tired of your current job or are looking for another source of money for your long-term goals, there are plenty of legitimate ways to do so. And one of the ways it to…
Sell Space in Your Home
Ever heard of bedandbreakfast.com and Airbnb? These are two websites that offer home listing for people interested in selling space in their home for extra income.
If you have a spare bedroom or a house extension, as well as high tolerance for other people living in your home, you may be able to make money just by hosting people. Overnight travelers are always looking for ways to spend less while having a comfortable bed and good breakfast, especially because they’re weary of hotels and motels.
Why? Because homes are certainly more attractive than mainstream sterile environments and drab, run of the mill décor. Many savvy homeowners have been taking advantage of their spare space, and they are making extra money by offering travelers a one of a kind experience in a warm and friendly environment.
What’s best is that most people who use bed and breakfast feel more compelled to pay more for the experience. Your only challenge is the competition in this field, so you need to set up your home in a way that will make for a memorable and comfortable experience for guests. Follow the checklist below to get started:
Location. Most bed and breakfasts are those that are located near airports, tourist attractions or other historic parts of town. It’s because there are two types of guests who prefer B&B’s: families looking for a unique experience and business travelers who are tired of hotel rooms.
Food. You’re staying in a home, why not eat there too? One consideration when setting up B&B is to make sure that you have great-tasting breakfast that will make a lasting impression on your guests. Get creative and serve the type of breakfast that’s traditional in your area.
Service. Your level of service is another key factor that sets you apart from sterile hotel rooms. You’re offering more than a room and board; you’re giving them an experience. Help your guests plan their itinerary or offer a tour if you can. They’re sure to remember you the next time they travel to the town.
Advertising. As stated above, services like bedandbfast.com and Airbnb are good platforms to advertise your home. You may even build your own website or have one created for you. Services like these are a type away in Google.
If it works out well for you, and you think that bed & breakfast is something you can do permanently, then consider owning several more properties in your area. If you’re ready, then home loan options such as NPBS mortgages are a good place to start looking for new properties to create new opportunities.
Best of luck!