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Marriage Kids and Money: Personal Finance for Families

Airbnb Superhost: How We Made $100k in One Year with Airbnb

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9604 Ratings

🗓️ 22 February 2021

⏱️ 40 minutes

🧾️ Download transcript

Summary

Wendy Hill Manson wanted a side hustle to make some extra money to help her boys pay for college. She decided to take the plunge into Airbnb. A few years later, she's now an Airbnb Superhost with 4 rental units and ready to expand. Last year, she made over $100,000 with Airbnb! Wendy shares how she got started, the mistakes she made along the way, and how Airbnb is helping her ease into retirement. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, this is Ava from Vanta.

0:02.0

In today's digital world, compliance regulations are changing constantly,

0:07.0

and earning customer trust has never mattered more.

0:10.0

Vanta helps companies get compliant fast and stay secure,

0:13.0

with the most advanced AI automation and continuous monitoring out there.

0:17.0

So whether you're a startup going for your first stock two or ISO-27,001,

0:21.5

or a growing enterprise managing vendor risk, Banta makes it quick, easy, and scalable,

0:26.4

and I'm not to say that because I work here. Get started today at banta.com.

0:32.3

We just kind of wanted to buy one that we could pay the mortgage on and maybe fix it up. We never thought that

0:38.5

it would be something that could eventually allow me to retire earlier or, you know, me to have an

0:44.2

income once I retire from teaching. This show is dedicated to helping you, strengthen your family tree, and live financially free.

0:57.6

Welcome to the Marriage Kids and Money podcast, everybody.

0:59.8

This is Andy Hill.

1:01.0

And today, we are talking about how to make money with Airbnb.

1:07.6

According to CNBC, the average Airbnb host makes around $1,000 per month with their short-term

1:14.6

rental. That extra cash could potentially be a big deal for you and maybe make a sizable

1:19.8

dent in your family's financial goals. Could hosting an Airbnb be a side hustle or a small

1:26.6

business that's right for you? Well, to help you

1:29.4

decide, I've invited Wendy Hill Manson on the show today. Wendy is a full-time high school

1:34.8

teacher based in Michigan, and she's been side hustling as an Airbnb super host for the past

1:41.0

year or so. In her first full year with short-term rentals, she made over $100,000.

1:48.7

And that was during the pandemic. We're going to chat with Wendy today about how she got her

...

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