“You can make a fortune Susan. Just go on Airbnb, advertise your spare room, you live in the city center, you’ll have lots of people wanting to stay with you.” This was a friend’s solution during a recent conversation about being strapped for cash. As tempting as it sounds, can it really be that easy? I’m still undecided!  So here are some of the pros and cons as I see them, of getting into the Airbnb business…

Pros

1. Tax Free incentives

Maybe my friend could be on to something! The  rent a room scheme allows people to rent out a room in their house tax free up to a certain amount.

Rent a room scheme – Citizens Information

 

 

2. Meet interesting new people

New Friends - photo credit Cleo Morgause (Flickr)

New Friends – photo credit Cleo Morgause (Flickr)

Growing up my mum used to take in students who were staying in Dublin while studying English. We loved having so many people from different countries in the house. The only problem was sometimes they wouldn’t leave! We had a Spanish girl who ended up living with us for two years and a French guy who stayed for a year! I’m not sure I could handle that, I think I’d like my guests to leave if I do decide to do the Airbnb thing!

3. Get ideas for new travel destinations

 

Travel Magazine - Photo Credit Lily Ann Fouts (Flickr)

Travel Magazine – Photo Credit Lily Ann Fouts (Flickr)

I’ve done house swaps before and despite reservations about people possibly rummaging through my stuff when staying in my house, it’s always worked out really well and I’ve got to see some great places!

Cons

1. Strangers in the bathroom

Stranger in the bathroom - Photo Credit by Emergency Brake (Flickr

Stranger in the bathroom – Photo Credit by Emergency Brake (Flickr)

 

…..don’t think I really need to say much more!

 

2. Having to keep the house clean

Messy house - Photo Credit by abbamouse (Flickr)

Messy house – Photo Credit by abbamouse (Flickr)

 

Well my house mightn’t be this bad but I don’t want to have to clean up all the time because of visitors!

3.Sorting through the emails

At the computer  - Photo Credit by CollegeDegree360 (Flickr)

At the computer – Photo Credit by CollegeDegree360 (Flickr)

This would be the worst for me I think! Having to sort through the genuine B&B requests from the internet crazies! That is, if I get any requests!

I’m not sure yet if I will sign up to Airbnb, but at the moment the thought of another source of income is making it VERY tempting!

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