28: How to Live Rent Free

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 14 November 2013

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In Episode 28 of The Side Hustle Show I sit down with Scott Bold to discuss how Airbnb bookings pay the majority of his rent. Just imagine, if a side hustle could cover your living expenses, would that give you a sense of freedom from your job? Airbnb.com is the peer-to-peer accommodations site where you can rent a room from a local resident instead of paying for a hotel. And similarly, you can rent out space in your house to out-of-town guests, and make some great side hustle cash doing so! On top of that, it's a cool opportunity to meet people from around the world and show off your home town. Subscribe to The Side Hustle Show on iTunes! Subscribe to The Side Hustle Show on Stitcher! Learn: How to get started as an Airbnb host. Considerations if you don't own your home. How to screen your potential guests. The unexpected upsides and downsides of hosting. How Airbnb's liability insurance protects you. Pricing strategies to maximize your income / occupancy / happiness. Scott's #1 tip for Side Hustle Nation. Links: Airbnb.com Couchsurfing.org How I Made Money This Summer Without Working Airbnb as a real estate investment strategy Check out Scott's blog and connect with him on twitter to follow along with his upcoming adventure. What do you think? Could Airbnb be a good side hustle for you? Have you tried it already? Leave a comment below and let me know!

Transcript

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0:00.0	Live from Hanoi, Vietnam. This is the Side Hustle Show with Nick Loper, episode 28.
0:04.8	Welcome to the Side Hustle Show, where aspiring part-time entrepreneurs learn how to turn their
0:11.4	side hustle dreams into reality.
0:14.2	Because your 9 to 5 may make you a living,
0:16.5	but your 5 to 9 makes you alive.
0:19.2	And now your host, Nick Loper. Loper.
0:24.0	Loper.
0:26.0	Hey everybody Nick Loper here.
0:30.0	Welcome to the Side Hustle show.
0:31.0	This is episode 28 and today we're learning
0:33.8	how to live rent free.
0:35.6	How does that sound?
0:36.6	Amazing opportunity for Side Hustlers
0:38.3	with AirB&B.
0:39.9	If you're not familiar with the service,
0:41.7	AirB&B is a peer-to-peer lodging network that's making
0:45.2	waves, but not so many friends in the hotel business.
0:48.2	I had my first Airbnb experience this summer when I was traveling to Philadelphia for the Affiliate Summit Conference.
0:54.0	And I wanted to save some money versus getting a hotel room, but I also wanted to check out the service in the name of Side Hustle market research.
1:03.0	And my host in Philadelphia, Brian,
1:05.0	did an awesome job explaining how it all worked.
1:07.0	And then he kind of mentioned in passing
	...

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