All things home sharing
Our home is often our most valuable physical asset and is a popular way to earn extra income. Sharing our home with others can also bring social benefits such as meeting travelers from around the world.
Aside from the income and opportunity to connect with others, I am a big fan of home sharing for the sustainability benefits – it means our society doesn’t build hotels and apartments that we don’t need. Up to 20% of homes in our cities are unoccupied. And homes that are lived in have unoccupied bedrooms – that is a lot of spare capacity.
One option that we think might interest you is Weekday Space. If you aren’t keen on a flatmate or renting out your room on Airbnb, then you can rent out your spare room during the week to a commuter and have your home to yourself for the weekend. For example, if your home is in Parramatta your spare room would earn you $175 for the weekdays. ⠀⠀⠀⠀⠀
That is $9,100 a year and $91,000 over 10 years.
There are the holiday rentals of course; Airbnb, where you can rent a room or your whole house. Homeaway is a similar home rental platform. stayz is the Australian provider where you can rent your home while you are on holidays or your granny flat.
If you like the idea of Airbnb and find the coop ownership model more appealing, then Fairbnb.coop could be for you. It's very new in Australia. And some more options:
100 best blogs offering tips on home sharing
Padlifter have published their definitive list of the top 100 short term and vacation rental accommodation rental blogs. Their list of blogs vary from cleaning, photography, to guest experience to managing guest reviews and bookings. If you are interested in property rental, take a look.