How to Furnish an Airbnb to Maximize Your Revenue (2024)

How to Furnish an Airbnb to Maximize Your Revenue

Real estate investment can be a lucrative piece in your portfolio, especially if you know what you are doing. There are various paths you can take to earn extra income from property, but one trendy option is to become an Airbnb host.

Airbnb is one of the top vacation rental organizations in the world. If you own a property in a location where people often look for accommodations during their visits, you may have a potential Airbnb property to help you earn some more income. Many travelers prefer to stay in more comfortable lodgings in lieu of a hotel, so the potential for booking guests is very high.

How to Furnish an Airbnb to Maximize Your Revenue (1)

However, potential does not always pan out in reality. Just because you own a property to rent out and become an official host does not guarantee that you will attract guests or turn a profit. While there are many marketing strategies that can bring more attention to your rental, one of the simplest ways to maximize your revenue is to properly furnish an Airbnb. Here are a few ideas to generate as much income as possible with your furnishing choices.

Energy Efficient Appliances

When you own a vacation rental, you’ll be required to provide and pay for utilities such as electricity, water, and other utilities for the property. Otherwise, nobody could take a shower or turn the lights on. Maintaining an Airbnb means paying these costs, which cuts into your profits from guests.

Furnishing the property with energy-efficient appliances like refrigerators, ovens, dishwashers, washing machines, and even coffee machines can greatly reduce your bills. By doing so a larger percentage of the rental payments will go into your pocket. Plus, many travelers choose an Airbnb over a hotel or resort because they want a well-equipped kitchen along with a washing machine and dryer. So odds are they’ll be frequently using all of the appliances and the more energy-efficient they are the more money you’ll be able to save. Eventually, the upfront cost of these upgrades will be covered by the monthly savings on utility bills.

Material Choices

When deciding what to furnish an Airbnb with you should also consider the materials that these pieces are made from. Generally, you have a bit of control over what happens to the furniture in your own home. But when strangers pay to occupy your vacation rental, you never know what kind of messes might be left behind.

Some of the best materials to clean for furniture are microfiber and leather. These materials are more stain-resistant and likely to last a longer time. The longer the furnishings last the less money you’ll need to spend replacing them. Therefore, what furnishings you purchase, new or even used, for your vacation rental matters.

Storage Options

The people that stay on your property are probably traveling, either for pleasure or for business. This means they will have luggage with them containing clothes, toiletries, and other essentials. Giving your guests places to store their possessions can help entice them to your rental property, making them more likely to book a stay.

Convenient storage options like dressers, end tables, vanities, and armoires provide the needed space for their clothes and other items. This is a nice touch that will be helpful for all travelers, but especially those who are in for a longer period and don’t want to live out of their suitcases.

Office Setups

How to Furnish an Airbnb to Maximize Your Revenue (2)Many visitors that will stay at your property may be traveling for work or doing work remotely during the trip. Not everyone who books a weekend or a week at your Airbnb is planning to sightsee all day. Having some home furniture for an office setup can give those travelers a comfortable space to get their work done.

This includes a comfortable office chair, multi-functional cabinets, along with a modern desk. Additionally, you’ll want to have office supplies readily available, such as a printer, paper, stapler, paperclips, and pens.

These simple additions could be enough to entice more guests who need workspaces to your property, resulting in greater income

Convertible Sofas

Vacation rentals are all about the available beds. The more sleeping spots you can provide, the more guests you can accommodate. One of the most popular furniture options to furnish an Airbnb is a convertible sofa that can become a pull-out bed. This gives your guests more options for bedding and makes it easier to attract groups of guests. However, you do not have to sacrifice any square footage to achieve the desired effect.

A pull-out couch is a worthy investment to bring in a wider range of guests to the property. In addition to a convertible sofa, another great option to furnish an Airbnb with is a murphy bed, which also has a dual purpose and takes up very little space.

Put Yourself in the Shoes of a Traveler

Think about what you want in a vacation rental and apply it to your own! Every traveler wants a comfortable and clean space that feels like a home away from home, that goes without saying. However, they also wantplenty of room and sleeping accommodations for all of their guest. For those who will need to work having a dedicated office can be a great selling point. So when deciding on what to furnish an Airbnb with you’ll want to keep this in mind. Travelers will also expectessential amenities like Wi-Fi, a well-equipped kitchen, and plenty of storage.

By providing what travelers need, you are more likely to stay fully booked. Plus, you’ll be able to put more money in your pocket if you have an energy-efficient propertythat contains stain-resistant furniture for easier cleaning. Furnishing your Airbnb with these options will help you maximize profits as a host.

Check out these expert tips for how to furnish an Airbnb, which will help attract more guests, stay fully booked, and maximize your revenue! #howto #airbnbClick to Tweet

Furnishing an Airbnb Checklist

Furnishing an Airbnb requires careful planning and consideration to create a comfortable and welcoming space for your guests. Here’s a basic checklist to help you furnishan Airbnb:

  1. Essential Furniture:
    • Sofa or seating area
    • Dining table and chairs
    • Bed(s) and mattress(es)
    • Dresser or wardrobe for clothing storage
    • Nightstands or side tables with lighting
  2. Kitchen Essentials:
    • Plates, bowls, and glasses
    • Utensils (knives, forks, spoons, and cooking utensils)
    • Cookware (pots, pans, and baking sheets)
    • Coffee maker
    • Toaster or toaster oven
    • Basic cooking ingredients: salt, pepper, and oil
    • Dish soap, towels, and cloths
  3. Appliances:
    • Refrigerator
    • Range
    • Microwave
    • Dishwasher (optional)
    • Washer and dryer (if possible)
  4. Electronics & Entertainment:
    • Television with remote control
    • Wi-Fi router and internet connection
    • Cable or streaming subscriptions
  5. How to Furnish an Airbnb to Maximize Your Revenue (3)Bedroom Essentials:
    • Bedding (sheets, blankets, pillows)
    • Hangers for clothing
    • Full-length mirror
    • Blackout curtains or blinds
    • Alarm clock
  6. Bathroom Essentials:
    • Towels (bath towels, hand towels, and washcloths)
    • Toilet paper
    • Toiletries (shampoo, conditioner, and body wash)
    • Extra toothbrushes and toothpaste
    • Disposable razors
    • Hairdryer
    • Shower curtain and liner
    • Bathroom mat
  7. Cleaning Supplies:
    • Vacuum cleaner
    • Broom and dustpan
    • Mop and bucket
    • All-purpose cleaner
    • Disinfectant wipes
    • Trash cans and garbage bags
  8. Safety & Security:
    • Smoke detectors
    • Fire extinguisher
    • First aid kit
  9. Home Decor:
    • Artwork
    • Indoor plants
    • Cozy blankets or throws
  10. Guest Info:
    • Welcome basket with snacks and beverages (optional)
    • Information booklet with house rules, local attractions, and contact details, including emergency contacts

Furnishing an Airbnb, especially if you’re furnishing Airbnb on a budget, requires careful attention to detail and thoughtful consideration of guests’ needs and expectations. By following this comprehensive checklist, hosts can create a comfortable and welcoming space that exceeds travelers’ desires. From essential furniture and well-equipped kitchens to cozy bedding, cleanliness, and safety measures, each item on this checklist to furnish an Airbnb plays a vital role in shaping a comfortable and memorable guest experience.

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Check out these expert tips for how to furnish an Airbnb, which will help attract more guests, stay fully booked, and maximize your revenue! It also includes a helpful checklist to furnish an Airbnb. #howto #airbnbClick to Tweet

About the Author

Top Wellington Realtor,Michelle Gibson, wrote:“How to Furnish an Airbnb to Maximize Your Revenue”

Michelle has been specializing in residential real estate since 2001 throughout Wellington Florida and the surrounding area. Whether you’re looking to buy, sell, or rent she will guide you through the entire real estate transaction. If you’re ready to put Michelle’s knowledge and expertise to work for you call or e-mail her today.

Areas of service includeWellington,Lake Worth,Royal Palm Beach,Boynton Beach,West Palm Beach,Loxahatchee,Greenacres, and more.

How to Furnish an Airbnb to Maximize Your Revenue

How to Furnish an Airbnb to Maximize Your Revenue (2024)

FAQs

How to Furnish an Airbnb to Maximize Your Revenue? ›

Airbnb LLC Benefits

Liability Protection: The major benefit of setting up your Airbnb property under an LLC is that you will have that added layer of liability coverage in the event that your business faces any legal actions or potential debt.

How do I maximize my Airbnb revenue? ›

Let's take a look at 7 clever ways to increase your Airbnb revenue.
  1. Rent Out Extra Storage Space. ...
  2. Rent Out Extra Parking. ...
  3. Make Use of a Large Yard or Acreage. ...
  4. Provide Pet-friendly Accommodations. ...
  5. Craft Unique Airbnb Experiences. ...
  6. Optimize Property Features and Amenities. ...
  7. Become an Airbnb Consultant.

How do I furnish my Airbnb on a budget? ›

Focus on the Big Picture
  1. Start with a clean color palette. ...
  2. Next, use multi-purpose furnishings to decorate an Airbnb on a budget. ...
  3. Use wall decor sparingly. ...
  4. Offer multiple sources of lighting. ...
  5. Decorate and furnish with convenience in mind.
Jan 19, 2023

What is the best business structure for an Airbnb? ›

Airbnb LLC Benefits

Liability Protection: The major benefit of setting up your Airbnb property under an LLC is that you will have that added layer of liability coverage in the event that your business faces any legal actions or potential debt.

How do I make a lot of money on Airbnb? ›

To maximize earnings on Airbnb, it's essential to strike a balance between competitive pricing and offering an unmatched guest experience. Implement dynamic pricing to keep pace with market demand and stay competitive.

What is a good Airbnb profit? ›

For example, according to a recent analysis, Airbnb hosts have an average monthly income of $924. Several host earnings exceeded $12,000 per month, while some fell below $200. An added advantage is that a host has the freedom to set his or her pricing on Airbnb.

What is a good profit margin for an Airbnb? ›

According to some estimates, Airbnb hosts typically earn about 80-90% of the rental price, with the rest going to Airbnb in the form of service fees. For example, if a host rents out their property for $100 per night, they may earn $80-90, with the remaining $10-20 going to Airbnb.

Can I write off furniture for an Airbnb? ›

Is Airbnb furniture tax deductible? Yes, furniture—and any costs to repair existing furniture—can be a deductible expense come tax time. The same applies to amenities and appliances you purchase for your guests, such as a toaster, a TV, bed sheets, and towels. Larger items are usually entered as assets that depreciate.

How to select furniture for Airbnb? ›

When selecting furniture for your Airbnb it's important to have an emphasis on dimensions and durability. For example, your sofas should be proportionate to the room, your dining chairs should move in and out comfortably, your bar stools under kitchen counters should be the correct seat height and so on.

Should I put my Airbnb in an LLC? ›

Setting up an LLC for an Airbnb business is a smart move for many reasons. An LLC provides personal liability protection, which can give business owners peace of mind knowing that their personal assets are generally protected in case of a lawsuit.

What are the three pillars of Airbnb? ›

The 3 quality pillars

Experience Hosts take travelers into their worlds, helping them feel like an insider, even if for just a few hours. The 3 quality pillars that an Experience submission should demonstrate are: expertise, insider access, and connection.

Should you use an LLC for Airbnb? ›

Key Advantages of Forming an LLC

Without an LLC, personal assets are vulnerable in the event of business-related lawsuits. As an Airbnb host, forming an LLC is advantageous due to its crucial asset protection.

Is Airbnb a good passive income? ›

Managing an Airbnb property is touted as being a great way to make passive income. But when you consider the frequent turnovers, deep-cleaning, laundry, and tracking inventory, to name a few, it's clear that running an Airbnb on your own takes a lot of work.

Is Airbnb considered a passive income? ›

Airbnb lets you generate passive income from your home or spare room. Being an Airbnb host involves listing your property on its platform, which handles bookings and communications with guests. Hosts are paid out based on guest stays.

How much can 1 Airbnb make? ›

The following figure shows that only half of Airbnb hosts earned more than $440 per month (approximately $5,280 per year). According to Earnest.com, about one in two Airbnb hosts earns less than $500 per month and nearly three in every four earns less than $1,000 per month.

How do I maximize my Airbnb algorithm? ›

Master the Airbnb Algorithm by following these practices:
  1. Ensure a phenomenal experience for your guests.
  2. Ask for reviews proactively.
  3. Maintain a flexible cancellation policy.
  4. Add detailed property descriptions with high-resolution photos.
  5. Respond to requests quickly.

Where is the most profitable Airbnb? ›

The Best Airbnb Investment Cities and their Metrics
CitiesRevenue
Miami$4,062
Los Angeles$4,275
Las Vegas$4,368
Austin$4,119
17 more rows

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