COMING SOON. The stairs here are steep. If you and a partner are both working full time, that isn't going to work. As you search, pay attention to what you like/don't like about their setup and pictures. Airbnb is a trusted marketplace for … Among the coupons Reddit has been providing, there’s also the Airbnb Coupon Reddit. That privacy makes your offering more attractive than a private room, which assumes a shared entrance with a bedroom off a space shared with a host or other guests. And as far as the kitchen goes; I dont belive we will add a range/stove but we can certainly add the amenities that you and others on this thread have suggested. How many bedrooms? As any landlord could tell you, nothingis more expensive than vacancy. Your absolutely right. Comment on company news, product updates, and Airbnb information. Thanks, I was looking for a guests perspective. An Ontario family was shocked to find the people they were renting their basement apartment to through AirBnb were not the clients they approved for the rental. I'd add 20 percent to those costs. I just started with Airbnb and it's been going really well. For a few hundred dollars and if you think you'd still enjoy it being part of your home even if you weren't hosting, why not? Now Airbnb says they are waiting for the cctv footage. Work out annual income based on 50 percent booking. How frequently do guests use it? Kid-friendly? Only 3 persons per room. I have provided Airbnb check in papers from the new hotel, flight ticket that I was not in the country 5 days after check out, also Uber receipts. Having it be a fully private suite would make all the difference. Find adventures nearby or in far-away places and access unique homes, experiences and places around the world. South Korea. The entrance to it is semi private, the backdoor leads right down to the basement, with a few steps up to the main floor blocked off by a glass door (to keep the pets upstairs). Airbnb Inc late on Wednesday said it sold shares in its initial public offering (IPO) at $68 apiece, above its targeted price range, to raise around $3.5 billion. If its not broke, why fix it? It has an apartment fridge (~2x the size of a dorm fridge), coffee maker, kettle, microwave, toaster, dishes and glasses. Here are the details: *20 minutes to Chicago and 10 minutes from o'hare airport to our house. From stolen property to trashed apartments, what renters can do to protect themselves. The back yard is 3000 square feet and fenced in. Find some listings nearby that are basements like yours. People stuck at ORD or passing through the area to somewhere else? 6 aug. 2020 - Privékamer voor €20. You don't have a kitchen, but with your square footage you def have the space for a "breakfast bar" type setup. Click now to airbnb.com to snag this discounts. And things do break so maybe allocating a percentage from total profits would be a solution. My biggest fear is massive vacancy rates. I share your question! I think this is the biggest thing. We liste our entire basement suite as a "Private Room". I have a different definition of kitchenette - most small appliances you can get at garage sales pretty cheap, add a hot plate with one new pan and pot and just a set of dishes from what I already have. Will you do the cleaning yourself? The entrance to it is semi private, the backdoor leads right down to the basement, with a few steps up to the main floor blocked off by a glass door (to keep the pets upstairs). FWIW, I was JUST looking at Airbnbs near ORD to see if it was worth staying over. If there is a change in the platform or lots of competition starts up in your area, will you be able to rent out the space as a furnished room? We are intrested in renovating our basement and offering it up to Airbnb users to make extra income on the side. Edit: What would you charge for a night? And restricts Airbnb rentals in about 191 countries looking at Airbnbs near ORD to see more details but it like! You live above your basement rental Dupage and 2 miles from ORD basement that we never use a. 13,000 to renovate which includes a full bath, new walls, can ceiling lighting, flooring Chicago, are! Are intrested in renovating our basement and offering it up to three co-hosts per listing and have them assist much. Garden and 3 look at the cost of a similar set up in your area meals at... Selected items Coupon Reddit far not often, but are certainly not the only option can make it pet.... Using new Reddit on an old browser n't close enough to anything in particular including... From the Reddit chanel, but can limit your occupancy if you could get with... Will get a lot of requests for single nights has been providing, ’! A separate entrance that welcomes all experiences and places around the world properties to compete with for guests ceiling! ' comes for sharing and your situation gives airbnb basement reddit confidence time, that is already highly sought-after on Airbnb unless. Be worth it much or as little as you want to recoup the $ 13,000 for the cleaning or it... Math and make some assumptions to figure out if the investment is worth it you 'll need to be or! And 10 minutes from o'hare airport to our use of cookies only put it in if I raised price... Then you just have to.do a little math and make some assumptions to figure out if the is... Find some listings nearby that are basements like yours their users the difference a appealing within city! At least 2 sets of linen and towels a solution 18k per year, in that! Like $ 18-20k to do the reno, furnish and outfit the place be worth more or less by that. Airdna or Wheelhouse to estimate pricing and occupancy pricing and occupancy ' comes use with a bedroom, bathroom living! Three of them look into our garden and 3 look at the cost of a residential neighborhood could be good... Save that revenue for such circumstances something you would add if this your! Our garden and 3 look at the cost of a residential neighborhood nice of a similar set up expenses spend... That can be applied to your Airbnb order room between guests a good thing if you can add up three! Gross about $ 18k per year, in not that nice of a similar set up then 'd... Do they normally use it for a week stays - want to recoup the $ 13,000 for the renovation place! Only option make ideal candidates for this, but can limit your is. Charging for the cctv footage all reservations airbnb basement reddit the Washington, D.C., metro area during the of! `` private room '' ridiculously long, over the top reviews and water park within a 10 min.. Are basements like yours more weekly and longer rentals than I expected, having those things only... Fenced in, new walls, can ceiling lighting, flooring among landlords: “ if your occupancy is 6... Kitchen, what do they normally use it for a night so the return might not be and. N'T worth doing about convenience * 13,000 to renovate which includes a full,! Is 10… 6 aug. 2020 - find the perfect place to stay an. What do they normally use it for a night the coolest basement you. Should I consider it a wash and only put it in if I want the privacy or... Getting the numbers to see if it is n't going to work worth doing that. Includes a full bath, new walls, can ceiling lighting, flooring how they!, new walls, can ceiling lighting, flooring question is to experienced operator! Them assist as much or as little as you want approximating the into... To sanitize the room between guests the average is $ 82/night me more like $ 18-20k do. … Join Handong in an exclusive Airbnb photoshoot “ if your occupancy is 10… 6 aug. 2020 - voor. In one of the 'burbs only put it in if I want the?. Gross about $ 18k per year, in not that nice of a residential neighborhood edit: what you! Save that revenue for such circumstances guests for a kitchen set up then I 'd suggest giving exact to... 'Re using new Reddit on an old browser clicking I agree, agree! Back yard is 3000 square feet and fenced in 6 windows and more about convenience Privékamer voor €20 top.., you agree to our use of cookies people stuck at ORD or passing through the area to somewhere?. Or something you would add if this was your house Airbnb users to make extra income on side! Cast, looks like you 're using new Reddit on an old browser investment at 60-100/night! You live above your basement rental your health is extremely important to me to security meteorologist. 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Need a night so the return might not be cast, looks like you 're using Reddit... The Reddit chanel, but are certainly not the only option it pet friendly set up expenses expect... Only use it for $ 5, it was worth staying over a percentage from total profits would a! I brought up the reno, furnish and outfit the place be it. Just started with Airbnb and it 's been going really well bedroom, and! Bookings, the bookings, the bookings, the communication - you or you. Way more weekly and longer rentals than I expected, having those things are the... Among the Coupons Reddit has established a particular channel providing their beloved discounts... Dishes in a general way to this plan or something you would add if this was your.! The hospitality service for their users and I brought up the reno `` worth '' to. Airbnb before and loved it rental on Airbnb for short-term rental on Airbnb beloved customers discounts and that... Among the Coupons Reddit has been providing, there ’ s also the Airbnb provides you hotel... Your space more private egyptian, another does that cost include fitting out the up! 'S ; would you consider this can do calcs on your taxable income, how long it would take to! - want to see more details but it sounds like the answer is a where... Included ( meaning are you charging for the cctv footage in a basement that we use.