10 things you need to know about becoming an Airbnb host

Thando Thabethe (947) speaks to speaker and short-term rental coach, Karen Fraser. 

Listen below.

While there are hundreds of Airbnb horror stories, there are thousands of good experiences.

RELATED: Airbnb guest sues host for sending his wife compromising picture

This is why many people choose to join the hosting game and earn an additional income if they have a property or back room to rent. 

Fraser shares 10 things that most hosts learn too late:

1. You are ready much sooner than you think

“Perfectionism can often be the fear that holds us back… So many people want to wait until all the planets align before they become a host."

- Karen Fraser, expert 

2. Get professional photography for your listing

3. Don’t be scared to ask guests to leave a positive review

4. Spend less on furniture/décor than you want

5. Make your guests’ stay memorable to build repeat customers

6. Every year (or two), stay in your own Airbnb for at least one night

“That’s the only way that you will truly experience it from the guest's perspective. You will know what needs to be fixed, changed and updated." 

- Karen Fraser, expert 

7. Get to know other hosts in your area

8. Guess who ask for discount are often not worth the trouble

9. Never compromise on your house rules

10. Treat your Airbnb as you would treat any property investment