How to get started being a host?

[Vincent1813]

How to determine value to price?

[Helen3]

What do you mean by determining 'value to price ' @Vincent1813 

[Vincent1813]

1 bedroom or 3 large square footage or small, etc

[Snehal1]

Hi Vincet, There is definitely a value to the rent you get when you let out your house, but that “value” can differ from one host to another depending on expectations and expenses. The best way is to check the rates of similar properties in your area and understand what guests are willing to pay.

Then decide your own breakeven point — the price at which you can comfortably achieve at least 5–6 days of occupancy per month. Once you know your running costs, cleaning, utilities, and effort involved, you can set a price that balances both occupancy and earnings.

In short: compare similar listings, calculate your breakeven, and adjust according to demand and the value you offer.