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5 Costly Pitfalls of Hosting on Airbnb

Renting out your spare room or property through Airbnb can be a great way to supplement your income. For example, New York City hosts earned a median income of $5,474 from the service from June 2015 to June 2016, according to Airbnb data. Other home-sharing services such as VRBO, HomeAway, and...
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AirBnB has a new report out, showing how the service helps the economy of New York City. In it, there's a chart about how the average AirBnB host spends the money that she makes on her listing. It breaks down like this: More than ha...

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