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I’ve been on three free vacations with my family since getting married just over five years ago. And let me tell you, there’s nothing that helps me relax more while on vacation than knowing I’m not spending a penny.
You might think I’m talking about single night stays here and there tacked onto a paid vacation, but that’s not what I’m referring to at all. My family and I have been on multiple week-long hotel stays without spending any money.
There are ways to extend this strategy to get free Airbnb stays at a location of your choice. There are three things you can do to make this happen year after year and enjoy spending time with family without going broke.
3 Ways to Get Airbnb Free
Your free Airbnb stay is right around the corner if you can follow these simple strategies. To make this method work quickest, you’ll need to either own or rent a home in which you have the authority to list on Airbnb. If you can’t do that, you can still earn free Airbnb credit in other ways.
1. Refer a Friend to Airbnb
The simplest way to earn a free Airbnb night is to refer others to use the company. Since Airbnb is growing in popularity all the time, there’s a fair demand for the service. As a perk, you can give others $55 off of their first stay and get up to $30 in free credit after they use it.
To do this, sign up for an Airbnb account (using my link will give you a $55 credit). Next, navigate to the Invite Friends page (link is on Airbnb’s footer). Select “copy” next to your personal referral link, and share it with friends, family, and others who might be interested in receiving free Airbnb credit.
Using this method is a win-win situation because you get to hand out free Airbnb credit and potentially earn credit in return.
2. List Your Home on Airbnb
Another simple way to get your Airbnb for free is to first list your home for rent on the platform. You can list your full house, apartment, or just a room in your home. The amount you earn per night depends on what you have to offer and the demand for Airbnb stays in your area.
The best way to find out how much you can rent your home for is to search for similar listings in your area. If there are no competing listings, you can play with your price until you find a sweet spot that attracts customers.
If you’re wondering where to go while your home is rented out, here’s how you can actually make some money to use toward your future Airbnb stays:
- Stay in a cheap hotel or motel. If you’re only renting your home out for a night here and there, you can take your own mini-vacation and rent a local room. Just make sure to rent your home for more than your hotel stay so that you can pocket the extra money.
- Rent an Airbnb. While your home is rented out, grab another Airbnb rental that costs less than the amount you’ll earn from renting your home.
- Go camping. Grab your tent or RV and go on a cheap or free camping trip while your home is rented to an Airbnb customer.
- Stay with friends or family. You can earn the most profit on your Airbnb listing when you don’t have to pay to stay elsewhere.
Related: How To Make Money Completing Offers
3. Do Airbnb Arbitrage
You may have heard of the term “arbitrage” in the retail industry; it’s when you purchase something at a low price and then resell it for a profit. You can apply the same principle to Airbnb and earn a killing on your efforts. You can use this income to get free Airbnb stays in the future.
Here is how to do Airbnb arbitrage the easy way:
Research the Market
First, to make money with Airbnb arbitrage, you’ll need to do some market research to find high-traffic, popular, touristy locations. Once you pinpoint areas that see a lot of Airbnb traffic, you can start searching through listings in the area. Create a list of low-priced homes with good reviews. These are the listings that have the most potential to make you money.
Snatch Up Some Airbnb Stays
Reserve the listings during popular vacation times like summer weeks or holiday weekends. Each listing has its own cancellation policy, so you’ll need to keep track of those as well. That way, if you can’t successfully resell a listing, you can cancel it without losing any money on the deal.
Relist on Airbnb
Finally, relist the Airbnb listings you’ve reserved for a profit. When a customer buys the listing, you will relay the instructions on how to get into the home. Some homeowners meet their guests while others leave the key in a lockbox on site. You don’t have to physically be on-site to help Airbnb customers have a smooth experience.
While Airbnb arbitrage takes some preparation, time, and upfront investment, after a few successes, you should have some loose cash to use toward a free Airbnb stay for yourself.
Related: How To Make Money From Doing Nothing
Subtract Fees from Your Airbnb Credit and Income
If you use the second or third method to earn money with Airbnb to use toward a free vacation of your own, make sure to calculate your fees. Since Airbnb is a business and needs to make money too, you can expect to be charged some fees for using the platform.
As you list your property or practice Airbnb arbitrage, you can learn the fee structures so that you always make money on each deal. Once you master this, it’s smooth sailing to earning money and free Airbnb credit over and over.
Have some fun with this and enjoy your next free vacation!