7 MONTHS ON AIRBNB : How much I made hosting a private room

  Рет қаралды 7,793

Poppy Dontree

Poppy Dontree

Жыл бұрын

➤ Get my Personal Finance Budget & Tracker : shorturl.at/fuyWZ
➤ Book Mock Interview, CV Review and Career Chat with me: poppydontree.com/one-on-one
➤ MY FREE CV / Monthly Budget templates : poppydontree.com/shop/
➤ Vlogging Camera : amzn.to/3Hp6EJ9
➤ Camera : amzn.to/3yiWWVm
➤ Lens : amzn.to/3rZ0N92
➤ Microphone : amzn.to/3GKZY8z
➤ Other Amazon Favourites : www.amazon.co.uk/shop/poppydo...
------------------------------
📣 Come say hello on other socials
Instagram: @poppydontree
Website: www.poppydontree.com
------------------------------
DISCLAIMER:
I do not provide financial, tax or investment advice. The information presented in this video and my channel is for educational purposes only. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. Some of the links listed here are affiliate links. If you purchase via those links, I may get a small commission with no extra cost to you.

Пікірлер: 30
@2getherWeAreWAND
@2getherWeAreWAND Жыл бұрын
Thank you dear sweet sister for sharing your story with us all.
@jananir77
@jananir77 Жыл бұрын
Please share more videos on Private Room rentals!
@nieah206
@nieah206 Жыл бұрын
Thank you for great information, Poppy. How do you secure your home? Do you use a key or digital door lock for the front door? Do you change your key regularly for home security? I'm considering to rent out one of my spare rooms in my residential property on airbnb and home security is the only concern as I live in the property.
@PoppyDontree
@PoppyDontree Жыл бұрын
I can definitely imagine the concerns, we're also planning to put in the security system.
@pierrefitch
@pierrefitch Жыл бұрын
I wanna rent a room in my house I'm just worried if they would stealing stuff
@pierrefitch
@pierrefitch Жыл бұрын
Is there anyone who can help put my airbnb add together to share a room at my house ??
@verykeen2please
@verykeen2please Жыл бұрын
Years ago i used to rent a room for foreign students for the local Uni way before AirB and they would stay for 9 months But the idea of turn key guests would fill me dread and too much hassle
@PoppyDontree
@PoppyDontree Жыл бұрын
I actually really enjoy it! Been meeting people from different places. Although I see where you're coming from. I don't think I can do 9 months straight.
@RJS4287
@RJS4287 Жыл бұрын
Thank you very interesting. Investing abroad would Thailand be likely? Assume you are a dual citizen so you may avoid expat property laws etc? It seems very popular now - had the longest migration queue at BKK this week which took nearly an hour to get through!
@PoppyDontree
@PoppyDontree Жыл бұрын
Thailand is certainly the first place I'd look at due to the exact reason you just said ☺
@RJS4287
@RJS4287 Жыл бұрын
@@PoppyDontree You are an accountant - so this is probably very simple for you. But I am a UK/Australian dual and am tax resident in Australia though I have income streams from UK and Oz. The Australian Govt taxes me on income I make anywhere in the world - not that I am in that league but no such thing as a "non dom" in Oz. So this has put me off opening an Air BNB in UK despite amazingly outside London property being a lot cheaper in UK. Be interested as you progress your entrepreneurial activities what you can do about tax etc.
@PoppyDontree
@PoppyDontree Жыл бұрын
Yep definitely would like to share more of my entrepreneurial journey on here. I think it's worth documenting as most people you see on the internet are those who already "made it" and it doesn't give the accurate picture of the challenges a person has to go through. By the way I think there is a Double Tax Relief Agreement between Australia and UK. You may want to explore that further.
@RJS4287
@RJS4287 Жыл бұрын
@@PoppyDontree Yes there is a double tax agreement. But you get issues like Australian Super Funds earnings collected in Australia are tax free up to about $AUD1.7 million but the ATO classifies retirement income collected in exactly the same way in the UK but belonging to an Australian citizen as foreign income and are thus taxed. First world problems I know but can catch the unsuspecting. Thanks for your videos.
@fahadeniola3043
@fahadeniola3043 Жыл бұрын
Hi, was just wondering how you get around the '90 day rule'? Thanks.
@PoppyDontree
@PoppyDontree Жыл бұрын
Hiya - the 90 day rule applies to 'entire home' listings. As my listing is for a spare bedroom in my home, this doesn't apply :)
@fahadeniola3043
@fahadeniola3043 Жыл бұрын
@@PoppyDontreeOhh that's great. Thank you
@xframix
@xframix 5 ай бұрын
@@PoppyDontree That is interesting, good to know
@Anjirustudio
@Anjirustudio 2 ай бұрын
Hey, wanted to know if you switched to be a host after having been an AIRBNB guest or started a new account 😃
@Anjirustudio
@Anjirustudio 2 ай бұрын
Will I be at a disadvantage if my account is new or has existed but I have never been a guest
@jb9201
@jb9201 8 ай бұрын
Weird to share your space with strangers. I couldn’t do it
@joaquimcosta365
@joaquimcosta365 Жыл бұрын
Interesting👍😄
@thejuiceup1138
@thejuiceup1138 9 ай бұрын
Think you left a lot of money on the table...I'd test higher prices.
@brianhope4236
@brianhope4236 Жыл бұрын
More power to you Poppy, for doing it.. Personally, though, just giving up your bathroom alone, for £5K per year, just isn’t worth it, as far as I can see. Let alone cleaning up after anyone! No way, that’s just my 2 cents worth. I’ve always found visiting AirBnb’s, EXCEPTIONALLY good value. That’s the problem though, it’s too competitive, and therefore the value is too weighted in favor of the guest, and not the host! Another informative video from the best!
@PoppyDontree
@PoppyDontree Жыл бұрын
They only problem I used to have with Airbnb hosts was additional charges and long list of check out instructions. I don't see many of those these days so I'm happy to keep booking via them :)
@BrightStar81247
@BrightStar81247 5 ай бұрын
Did you lose your tax homestead exemption by doing Airbnb ?
@kingalyssa14
@kingalyssa14 16 күн бұрын
I personally wouldn’t think so considering they are still living there
@strikeforcealpha9343
@strikeforcealpha9343 10 ай бұрын
oO six weeks
@Poliss95
@Poliss95 Жыл бұрын
Do your guests share the rest of the house with you? Do they have a TV in the room, because you need a separate TV licence for that.
@PoppyDontree
@PoppyDontree Жыл бұрын
They don't have TV in their room. I was thinking about that but no one ever really said they would like it. Technically they share the rest of the house with us but they're normally out during the day.
@JohnTosti
@JohnTosti 8 ай бұрын
TV license???😂😂😂
HOW TO MAKE A MILLION DOLLARS RENTING ROOMS | TODD BALDWIN
7:59
Black, Married and DEBT FREE
Рет қаралды 8 М.
Looks realistic #tiktok
00:22
Анастасия Тарасова
Рет қаралды 105 МЛН
Heartwarming Unity at School Event #shorts
00:19
Fabiosa Stories
Рет қаралды 18 МЛН
Who has won ?? 😀 #shortvideo #lizzyisaeva
00:24
Lizzy Isaeva
Рет қаралды 64 МЛН
My Airbnb Lost Money... Here's The Truth About Being an Airbnb Host
13:58
How Much My Airbnb Made In Year 2! (Did we finally make money?)
11:20
Shelby Church
Рет қаралды 130 М.
Airbnb listing tour of private bedroom making @3k a month
15:11
Evelyn The Hosting Journey
Рет қаралды 11 М.
Renting Out A Spare Room on Airbnb... Is It Worth It?
9:34
Shelby Church
Рет қаралды 99 М.
Airbnb is dead. Here's how I'm changing my ENTIRE business.
35:25
Why I Am QUITTING AIRBNB | How much I made | Pros and cons
7:15
Keep It Tiny - Business of Glamping and Tiny Homes
Рет қаралды 17 М.
How Much My Airbnb Made In Its First Year
11:02
Shelby Church
Рет қаралды 146 М.
80 Year Olds Share Advice for Younger Self
12:22
Sprouht
Рет қаралды 1,3 МЛН
AirBnB Business: Making $2200 With Spare Bedroom
6:50
Kai Andrew
Рет қаралды 13 М.
For people feeling behind in life (You're not a failure)
12:06
Poppy Dontree
Рет қаралды 3,7 М.
Looks realistic #tiktok
00:22
Анастасия Тарасова
Рет қаралды 105 МЛН