• Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
Saturday, May 17, 2025
  • Login
  • Register
Coin24h.com
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
Coin24h.com
No Result
View All Result
Ledger Nano X - The secure hardware wallet
ADVERTISEMENT

‘One guy wanted to rent my room for a few hours to meet a friend…’: What I learnt from putting my spare room on Airbnb | UK News

18 June 2024
in BNB
Reading Time: 6 mins read
A A
0
‘One guy wanted to rent my room for a few hours to meet a friend…’: What I learnt from putting my spare room on Airbnb | UK News
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
cryptotrader
ADVERTISEMENT

Is making extra cash by listing your spare room on Airbnb as easy as it looks? Reporter Megan Harwood-Baynes tried it – here’s her guide.

By Megan Harwood-Baynes, Digital investigations reporter @megbaynes



Tuesday 18 June 2024 07:55, UK

It’s 9pm on a Tuesday and a stranger from Shanghai is cooking in my kitchen. I can’t speak Chinese, and she can’t speak much English, so we both had to mime when she asked me where I kept the knives and the salt.

I hadn’t met this woman until 24 hours earlier, but she is staying in my home for another four days – and it’s all thanks to an advert on the London Underground.

“Turn your spare room into cash using Airbnb!” it promised. Well, I am lucky enough to have a spare room, and I never seem to have enough cash (thanks to a litany of rising bills and wanting the occasional holiday), so could this be the answer?

I forced my husband to spend a weekend clearing out our top floor room and soon I was photographing away, artfully framing different corners of the space to try and show it off (not helped by my cat, who refused to get out of the way).



Image:
Louie was keen to help me showcase the space

After downloading the app and signing up, I was paired with an Airbnb Superhost who gave tips and offered support as I made my way to my first booking. He advised that instead of offering an introductory discount, as the app encouraged, the best way to drum up business was to look up the price of local listings and then undercut them. Once I had built up a few reviews (I was aiming for five stars) I could then raise my prices.

My neighbours were listed between £40-55 a night, so I hedged my bets and started at £35, with a £10 cleaning fee. Within 24 hours, I had my first booking. A young borderforce agent was doing training at Heathrow and needed a place to stay. We gave him a set of keys, told him to make himself at home and five days later, we were £117 better off.

After several months of hosting (and – not bragging – ten five-star reviews) we are now almost solidly booked at any given time.

Tips for smooth sailing welcoming strangers

I have a pretty good weirdo-radar, and when it comes to letting people inside your front door, it pays to trust your gut – I have declined bookings simply because I got bad vibes.

The guy who wanted to rent my room from 9am to 3pm to “meet a friend from London”? Nope.

The man who wanted to stay for three months? Not for me.

A young gentleman who promised to pay me cash on arrival? Thanks but no thanks.

(You’ll notice a common theme with these – as I often work from home alone during the day, I’m not taking any chances).

Touch wood, everyone who has arrived has been friendly, polite and, most importantly, not smeared faeces on the walls, tried to remove the sink, or done any other Airbnb horror story.

Read more from the Sky News Money blog here



Image:
Said sink, still attached

How to get good ratings

Did I mention we have five stars? I don’t think there is any real secret to getting a good rating, but I tried to think what I would want checking into someone’s home. Make sure you have high-quality photos that match what the room is actually like; don’t go crazy with the filters.

We always make sure the place is clean, well presented and clutter-free. Small, thoughtful touches like a TV with a Sky box, a box of toiletries, and a coffee machine also go a long way.

I am also very upfront about the fact we have pets – the last thing I want is someone with allergies to book (and give me two stars!), so Louie sits front and centre of the listing.

The pitfalls to avoid

After the success of Airbnb, I decided to go one step further and list our room on Booking.com. Their management platform is clunky, difficult to use and you can’t vet people who book – they just instantly book and that’s it, you’re stuck with them. It’s also a bit of a faff double-checking both platforms to make sure you aren’t accidentally double booking. But it does generate significantly more bookings for us than Airbnb.

As boring as it is, you also need to consider the tax implications. The good news is Airbnb isn’t taxed like Vinted or eBay (which has a £1,000 tax-free allowance).


This is a limited version of the story so unfortunately this content is not available.

Open the full version

If you rent a furnished room in your primary residence (ie not a second home) you can claim Rent-a-Room relief. The threshold for this is £7,500 per year (or half that if you share the income with your partner). The tax exemption is automatic, which means if you’re below that you don’t need to do anything – but if you’re earning above that, you’ll need to fill out a tax return. Given we are earning around £350 a month from our room, we will fall way below this.

The rules will be different if you are renting out an entire home you don’t also live in, and you should also inform your home insurance of the change.

Related articles

2025.5.17 Bitcoin/Ethereum/BNB/SOL Intraday Market Analysis – Binance

2025.5.17 Bitcoin/Ethereum/BNB/SOL Intraday Market Analysis – Binance

17 May 2025
Binance Money-Making Effect Guide: BNB Holders vs Alpha Points Holders, How to Maximize Profits? – PANews

Binance Money-Making Effect Guide: BNB Holders vs Alpha Points Holders, How to Maximize Profits? – PANews

17 May 2025

I convinced my mum to list her guest room on the platform, and she has also had decent success (excusing the girls who threw up in her bin during Cheltenham race week and the woman who knocked a star off because she forgot to put a hand towel in the bathroom). I then talked my brother’s girlfriend into giving it a go.

[crypto-donation-box]
Cryptohopper
ADVERTISEMENT

Read more:
Holiday money – where to buy it and one thing you must not do
The most common holiday scams

I did, however, make one fairly significant error: I forgot to get them to sign up using my host referral code. You can earn up to £268 for every host you refer, which means I lost out on a fairly significant chunk of change. I then forgot to refer them again when they moved to Booking.com so missed out on hundreds in commission-free bookings under their scheme. I try not to think about that too much…



Image:
I got this coffee machine for free after I spotted my mum about to throw it out

Overall, I have loved using Airbnb – in just over two months we’ve converted our spare room into more than £700. And while I would like to live in a world where we could afford our daily outgoings without flogging our spare room like a cheap roadside motel, we are where we are.

If you have the room, a good radar for vetting people, and are open to intrusion on your personal space, it could be right for you too.

Just hit me up for a referral code first. (Note to editor: Only joking).


Credit: Source link

Tags: AirbnbfriendGuyhourslearntMeetNewsPuttingRentroomSpareWanted
Share76Tweet47
Ledger Nano X - The secure hardware wallet
Previous Post

The Vatican enters the Web3 world with a new NFT project

Next Post

Shiba Inu Burn Rate Jumps 12842%, Will SHIB Price Recover From Crash?

Related Posts

2025.5.17 Bitcoin/Ethereum/BNB/SOL Intraday Market Analysis – Binance

2025.5.17 Bitcoin/Ethereum/BNB/SOL Intraday Market Analysis – Binance

17 May 2025
0

2025.5.17 Bitcoin/Ethereum/BNB/SOL Intraday Market Analysis  Binance Credit: Source link

Binance Money-Making Effect Guide: BNB Holders vs Alpha Points Holders, How to Maximize Profits? – PANews

Binance Money-Making Effect Guide: BNB Holders vs Alpha Points Holders, How to Maximize Profits? – PANews

17 May 2025
0

Binance Money-Making Effect Guide: BNB Holders vs Alpha Points Holders, How to Maximize Profits?  PANews Credit: Source link

Binance Alpha Tokens Fuel BNB Chain’s Explosive Trading Surge – The Crypto Times

Binance Alpha Tokens Fuel BNB Chain’s Explosive Trading Surge – The Crypto Times

16 May 2025
0

Binance Alpha Tokens Fuel BNB Chain’s Explosive Trading Surge  The Crypto Times Credit: Source link

Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX – Cointelegraph

Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX – Cointelegraph

16 May 2025
0

Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX  Cointelegraph Credit: Source link

BNB holds, XLM climbs; BlockDAG’s 0M presale, unbeatable entry price draws investors – Crypto News

BNB holds, XLM climbs; BlockDAG’s $250M presale, unbeatable entry price draws investors – Crypto News

16 May 2025
0

BNB holds, XLM climbs; BlockDAG’s $250M presale, unbeatable entry price draws investors  Crypto News Credit: Source link

Load More
Next Post
Shiba Inu Burn Rate Jumps 12842%, Will SHIB Price Recover From Crash?

Shiba Inu Burn Rate Jumps 12842%, Will SHIB Price Recover From Crash?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
JAMining Launches New Cloud Mining Contracts for Trending Altcoins Solana (SOL) and Cardano (ADA) – Morningstar

JAMining Launches New Cloud Mining Contracts for Trending Altcoins Solana (SOL) and Cardano (ADA) – Morningstar

17 May 2025
Pi Network Price Analysis: Pi Could See alt=

Pi Network Price Analysis: Pi Could See $0.50 Again Before $2, This $0.07 Altcoin Could Potentially Beat It

17 May 2025
At alt=

At $0.025 Today, This Altcoin Could Reach $2.5 Before Dogecoin Hits $1

17 May 2025
What’s Next For Avalanche Price Rally—Will it Rise to  or Drop to  in May 2025?

What’s Next For Avalanche Price Rally—Will it Rise to $30 or Drop to $20 in May 2025?

17 May 2025

About Us

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • ApeCoin
  • Bitcoin
  • Blockchain
  • BNB
  • Cardano
  • Cryptocurrency
  • DOGE
  • DOT
  • Ethereum
  • HBAR
  • Litecoin
  • Market
  • Meta News
  • Mining
  • NFT
  • QNT
  • Regulation
  • SHIBA
  • Solano
  • Tether
  • Uncategorized
  • XDC
  • XLM
  • XRP

What’s New Here!

  • JAMining Launches New Cloud Mining Contracts for Trending Altcoins Solana (SOL) and Cardano (ADA) – Morningstar
  • Pi Network Price Analysis: Pi Could See $0.50 Again Before $2, This $0.07 Altcoin Could Potentially Beat It
  • At $0.025 Today, This Altcoin Could Reach $2.5 Before Dogecoin Hits $1
  • What’s Next For Avalanche Price Rally—Will it Rise to $30 or Drop to $20 in May 2025?
  • XRP Rich List: How Much XRP You Need to Become a Millionaire

Subscribe Now

Our Partner

Round Main Logo
  • About Us
  • Privacy Policy
  • Contact Us

© 2022-2025 coin24h.com

No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining

© 2020 coin24h.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 103,123.00
  • ethereumEthereum (ETH) $ 2,479.95
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.35
  • bnbBNB (BNB) $ 642.18
  • solanaSolana (SOL) $ 167.88
  • usd-coinUSDC (USDC) $ 0.999782
  • dogecoinDogecoin (DOGE) $ 0.216138
  • cardanoCardano (ADA) $ 0.756087
  • tronTRON (TRX) $ 0.271577
  • staked-etherLido Staked Ether (STETH) $ 2,476.90
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,999.00
  • suiSui (SUI) $ 3.79
  • wrapped-stethWrapped stETH (WSTETH) $ 2,979.85
  • chainlinkChainlink (LINK) $ 15.36
  • avalanche-2Avalanche (AVAX) $ 22.62
  • stellarStellar (XLM) $ 0.287019
  • hyperliquidHyperliquid (HYPE) $ 26.56
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • leo-tokenLEO Token (LEO) $ 8.97
  • hedera-hashgraphHedera (HBAR) $ 0.191261
  • bitcoin-cashBitcoin Cash (BCH) $ 392.67
  • the-open-networkToncoin (TON) $ 3.07
  • litecoinLitecoin (LTC) $ 98.01
  • polkadotPolkadot (DOT) $ 4.68
  • usdsUSDS (USDS) $ 0.999709
  • wethWETH (WETH) $ 2,480.88
  • moneroMonero (XMR) $ 336.25
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 2,644.18
  • bitget-tokenBitget Token (BGB) $ 4.95
  • pepePepe (PEPE) $ 0.000012
  • pi-networkPi Network (PI) $ 0.693875
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,083.00
  • whitebitWhiteBIT Coin (WBT) $ 30.10
  • bittensorBittensor (TAO) $ 421.66
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.85
  • aaveAave (AAVE) $ 223.86
  • nearNEAR Protocol (NEAR) $ 2.73
  • aptosAptos (APT) $ 5.15
  • okbOKB (OKB) $ 52.95
  • jito-staked-solJito Staked SOL (JITOSOL) $ 201.93
  • kaspaKaspa (KAS) $ 0.113149
  • ondo-financeOndo (ONDO) $ 0.921446
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.097920
  • ethereum-classicEthereum Classic (ETC) $ 18.39
  • internet-computerInternet Computer (ICP) $ 5.21