How your Eco Pod could make you money

How your Eco Pod could make you money

Our Eco Pods provide excellent flexibility on many different levels. That’s one of the reasons that they make an excellent bach. Along with the fact that they are adaptable, cost effective, transportable, and the prefabricated construction allows for increased quality and a faster build over traditional on-site construction.

If you have a bach, is it costing or making you money? Even if you own your bach outright, there are still expenses involved. Rates, utilities, upkeep, etc. Why not put it to work and let it pay its own way? It could even make a tidy profit.
With the internet, it’s never been easier to market your property to a worldwide audience of millions. You can choose to rent out your property when it suits you. The process can be easy and straightforward if you use the likes of Airbnb host. It’s simple, easy, and free to set up.

Becoming an Airbnb host

Start by creating a listing on Airbnb. You’ll need the following:

• A description of the space
• Photos of the property – internal and external
• The number of guests your property can accommodate
• Price (nightly/weekly/monthly)

What you charge is totally up to you, but this is where Airbnb can really help. They have a Smart Pricing Tool, which will suggest a price taking into account several factors, including your location and prices for similar properties.

You also decide if you want to offer breakfasts, what time guests check-in and out, when your property is available, and you get to set whatever house rules work for you.

Once you’ve created your listing, you just sit back and wait for the first reservation. Airbnb make it easy to correspond with the client through their platform.

When the guests arrive, you might like to greet them in person, but it’s also an option to send them a code to a key locker. This can be a handy option if you live far away or simply don’t wish to interact with guests.

You’ll need to consider how you will clean the property between guests. Is this something you can do yourself or will you hire a cleaning crew? It’s usual to provide such things as bed linen, towels, and toilet paper.

It’s also best to de-personalise the space as much as possible, as well as lock up personal possessions you don’t want used.

Getting paid

Another advantage of working through Airbnb is that you don’t have to deal with money directly. They have a secure payment system and you are paid automatically after your guests have checked out.

You choose how you’d like Airbnb to pay you: PayPal or direct bank deposit, for example. They deduct a 3% host service fee for each reservation and transfer the balance to you.

Tips for success

If you are new to this process, fear not. In addition to Airbnb’s 24/7 support, they offer tools and hospitality tips to help you maximise your letting experience. You can even join an online community of experienced hosts to ask questions and share ideas.
Airbnb’s online Help Center is also geared to help you navigate your way through local laws and rules and better understand how to host responsibly.

Protection

In the event property damage occurs, Airbnb’s Host Guarantee provides coverage of up to $1,000,000. Additionally, their Host Protection Insurance provides liability coverage for up to $1,000,000 for every listing.

Are you ready to make a start? It’s really that simple. Just log on to Airbnb and set up your free listing. You’ll be making money from your bach before you know it.

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