Many people have considered renting out their homes while they're away or turning investment property into a full-time rental. Airbnb has made it easy and accessible for almost anyone to make extra money by making your home into a personal hotel for travellers.

Keep in mind that it can take a lot of work to get your home ready to be listed on Airbnb, especially if you've never rented space to anyone before. You'll also need to take steps to protect your property and valuables if you intend to have strangers in your house on a regular basis. Keep reading if you want to learn more about how to prepare your home to rent on Airbnb.

How should you prepare to list your home on Airbnb?

The best thing you can do to start is to walk through your entire home and make a list of everything that needs to be cleaned and every appliance or home system that needs to be inspected. Guests have plenty of options, so taking the time to make your property attractive matters. For safety, you should also remove your personal items, jewellery, family heirlooms, and anything else that is particularly valuable to you.

You need to ensure your appliances are functional, especially your HVAC system. There are few home systems more important to maintaining a comfortable environment than your HVAC. Make sure you keep an eye out for strange noises, leaks, and other signs that indicate you need a new furnace or air conditioner. Your HVAC should have its filter changed every 90 days and be inspected by a technician once annually. If your system is in disrepair and is over ten years old, you may need to consider replacing it entirely.

If you have any home systems or appliances that aren't in good working order, you'll need to look for appliance repair services. One option for minor issues is to use a virtual appliance repair company. You can handle a number of troubleshooting and diagnostic issues by talking to appliance repair experts via video chat. This can help make some repair services more affordable and help you figure out what your next steps should be when one of your household appliances breaks down.

What can you do to protect your property from damage?

Hosting through Airbnb can be incredibly difficult, even in the best of circumstances. One concern many homeowners have about using Airbnb is what they can do if their property is damaged or destroyed by a guest. If you do come home to find something wrong with your property, it's a good idea to contact Airbnb immediately. Their resolution centre will allow you to request money for damage or missing items as reimbursement. The guest will then be asked to pay.

If they refuse or don't respond, you'll need to contact Airbnb to escalate the dispute. They may contact you for more details on the missing items or property damage and will give you 72 hours to provide any information requested. If Airbnb determines you are owed money, you'll be sent the full amount in a separate payout.

Airbnb can present a great opportunity for anyone with the flexibility to rent out their property. However, most homes will require a good amount of cleaning and maintenance before it's ready to be rented out online. Appliances like your washer, dryer, and refrigerator should all be inspected and serviced prior to listing your property. Protecting your valuables is also smart, whether you use a safe or a storage unit. If you should have issues with your guests, Airbnb's resolution centre can help you get the money you're owed. Airbnb offers homeowners the ability to turn their property into an income-generating rental, but you'll need to put in the work to make sure you have a quality space to offer potential guests.