What Hosts Need to Know about Airbnb

You will need a source of working capital – that is extra money to cover expenses. Ideally this should be a savings or money market account with several hundred or several thousand dollars in it and two or three extra credit cards. A good rule of thumb is to figure out what you will need – then try to save twice that much.

Read more

Payfully Hopes to Cash in on Gig Economy and Airbnb Lending

Payfully makes its lending decisions based upon Airbnb data. That way it makes loans to those with a track record of making of money on Airbnb. If the model works as advertised it will be able to identify potential borrowers with strong cash flow but poor credit ratings.

Read more