Hi PC'ers, I've started an Airbnb blog called "The Host Hournal" and one of the most interesting things I came to realise during a post that I wrote was how Airbnb makes us about $600 an hour Background: In order to get our most recent loan approved, we had to convert two of our Airbnb's into normal rentals, as the banks wouldn't count our Airbnb income. Here is a breakdown of the cost difference over a 3 month period: Earnings from Airbnb- $23,974 Less: Airbnb Commission-($719) Less: Cleaning*-($3500) We charge a cleaning fee but it doesn’t cover the full amount that our cleaner charges so this amount represents the difference = $19755 income Earnings from when they were rented "traditionally" Rent collected: $13325 Less: PM fees (7%)- ($936) Less: Letting fee - ($2100) = $10,289 income A few caveats with these calculations -we rented them furnished and bills included which meant we got a ~$100 a week higher rental than unfurnished/ no bills (we did this as we knew we were only doing this temporarily and didn't want the hassle of unfurnishing/ disconnecting connections etc. - We also realise some of the up front costs would have been "smoothed" over a longer period of time, had we rented them out traditionally for longer - Mortgage payments, council rates, utilities, connections etc all remain the same between the two alternatives so we have excluded those for this comparison. Summary - We have calculated (we actually did a test and recorded / timed every single Airbnb interaction we had) that between my husband and I we spend approximately 70minutes a week on Airbnb (eg responding to messages, scheduling cleaners, and even things like organising new parking permits when the olds one expired. This equals to 15.16 hours over a 3 month period (assuming 13 weeks) that we spent working on our Airbnbs. But given we made $9466 extra when comparing Airbnb to a traditional rental, If you turn that into an hourly rate ($9466/ 15 hours), our time spent working on Airbnb is effectively "earning" us $624 an hour!