How do I make money on Airbnb?

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How do I make money on Airbnb?
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• Airbnb can be a suitable way to make a good
  living. But you need to be well prepared to get
  your account up and running.

3

• You need to have these things in place to make
  earnings on Airbnb
• Full understanding of the laws in your area
• Be completely honest in your listing
• Keep the pricing competitive
• Keep your Calendar updated
• Stay in communication with your guests

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Full understanding of the laws in your area

• As Airbnb getting more popular by every passing
  day, there are laws to regulate it. You need the
  full understanding of local law and regulations
  related to renting a property, so you dont get
  yourself into a trouble.

5
Be completely honest in your listing

• Be completely honest in your listing. No
  misleading claims about your space, amenities and
  neighborhood.
• If you are not honest in your listing, you will
  get lot of bad reviews.

6
Keep the pricing competitive

• When it comes to pricing, you need do a proper
  and comprehensive market research of your
  locality. As price is adjustable, and start off
  by giving discount, once you start booking, you
  can always increase the booking price.
• Or you having a hard time keeping up with latest
  listings in town, you can use Airbnbs
  auto-pricing rules, which is very handy and
  convenient.

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Keep your Calendar updated

• Always keep your calendar up to date, so none of
  your bookings get cancelled.
• If manage to keep your bookings, you can easily
  earn Superhost status, which means that you will
  more bookings.
• Canceling a booking is a big mess for everybody
  involved.

8
Stay in communication with your guests

• Make yourself available to your guests, whenever
  they need you to. Stay in communication with
  your guests.
• Prioritize guest communications as it will get
  good reviews and earn you more bookings.