My third year running an Airbnb

Is Airbnb the Side Hustle for You? My Journey as a Superhost

When I first dipped my toes into the world of Airbnb in early 2022, I’ll admit—it felt a bit like inviting chaos into my home. Strangers staying in your personal space? That’s either a nightmare or a dream, depending on your perspective. Fast-forward three years, and I can confidently say it’s been one of the most rewarding and enlightening side hustles I’ve undertaken.

Whether you're curious about running an Airbnb from your own home or investing in a dedicated short-term rental property, let me take you through the ins, outs, and everything in between. From financial returns to hosting hiccups, I’ve learned a lot—and I’m here to share it all.

Starting Small: My Personal Airbnb Experience

Let’s rewind to 2022. I listed a single bedroom in my home, complete with a queen bed, a private bathroom, and access to shared living spaces like the kitchen and driveway. With strict rules in place—no children, verified guests only, and a maximum of two people—I aimed to create a hassle-free experience for both myself and my guests.

Here’s a snapshot of how 2024 shaped up for my Airbnb side hustle:

✅ Total Available Nights Offered: 211

✅ Total Nights Booked: 59

✅ Average Night Stay: 2.6

✅ Occupancy Rate Overall: 28%

✅ Busiests Months: May through September, Occupancy rate 64%

✅ Total Gross Income: $8333.67

✅ Net Income: $3074.04

✅ Management/Cleaning Hours: 70hrs

✅ Net Return on Time: $44/hour

✅ Eligible Expenses (please confirm with your tax professional):

• Mortgage Interest, Property Tax, Utilities

• Internet, Cable, and TV Subscriptions

• Furnishings, Repairs, and Maintenance

• Consumables (Coffee, tea, fruits, etc)

• Cleaning and Toilettrie Supplies, ABNB host fee

While these numbers tell part of the story, the real insights came from the everyday hosting experience.

From welcoming guests from Sweden to Ohio to managing the occasional clogged toilet, every moment taught me something new about hospitality—and myself.

Thinking Bigger: Investing in Airbnb as a Business

If running an Airbnb out of your home sounds too personal, investing in a dedicated short-term rental property might be more appealing. Here’s what to consider:

1. Location is Key

• Properties near tourist attractions, major cities, or event hotspots typically perform better. Look for areas with year-round demand, not just seasonal traffic. A property near wineries or hiking trails could see consistent bookings throughout spring and summer, while proximity to ski resorts might thrive in winter.

2. Understand Local Regulations

• Many cities have strict laws around short-term rentals. Research licensing requirements, zoning restrictions, and occupancy limits.

• Tip: Join local Airbnb host groups or forums to stay updated on regulations.

3. Run the Numbers

Before committing to an investment, calculate your potential return on investment (ROI). Here’s a quick formula to consider:

(Projected Annual Income - Annual Expenses) / Total Investment Cost = ROI

Expenses to include:

• Mortgage payments

• Property taxes

• Utilities

• Cleaning and maintenance

• Airbnb host fees

4. Factor in Furnishing Costs

Guests expect a fully equipped and comfortable space. Budget for quality furnishings, kitchen essentials, and small touches like coffee makers and local guidebooks.

5. Automate Where Possible

From smart locks for self-check-in to professional cleaning services, automation can save you time and headaches. Tools like dynamic pricing software can also help maximize revenue by adjusting nightly rates based on demand.

Common Airbnb Pain Points (And Solutions)

1. High Turnover = High Maintenance

With guests coming and going, the wear and tear on your property can add up quickly.

• Solution: Build a trusted team of cleaners and handymen who can step in at a moment’s notice.

2. Managing Guest Expectations

From complaints about Wi-Fi speed to missing teaspoons, small issues can feel magnified to guests.

• Solution: Provide clear communication upfront. A detailed house manual can address common questions and prevent misunderstandings.

3. Navigating Seasonality

Peak seasons bring in higher income, but slow months can feel like a financial drain.

• Solution: Offer discounts for long-term stays during off-peak months or consider adding amenities that appeal to winter travelers, like a hot tub or fireplace.

Lessons From My Superhost Journey

Here are my biggest takeaways after three years as a Superhost:

1. Boundaries are Non-Negotiable
   Whether it’s blocking off dates for personal use or setting clear rules for guests, boundaries ensure a sustainable hosting experience.

2. Metrics Matter
   Just like tracking clinic stats, understanding Airbnb metrics like occupancy rate and average nightly income helps optimize performance.

3. Embrace the Unexpected
   From clogged toilets to surprise cancellations, flexibility and a sense of humor go a long way.

Could Airbnb Be Your Next Side Hustle?

If you’re looking to diversify your income in 2025, Airbnb offers a unique opportunity to combine hospitality with financial growth. Whether you start small with a room in your home or go big with a dedicated property, the key is to plan strategically and learn as you go. Click here to learn more!

Want to dive deeper into side hustles?

Check out my blog on other great options for health professionals: Side Hustles for Health Professionals.