Find out what you could earn on Airbnb with Homebot

Have you ever considered renting out your home on Airbnb? Did you know that you can use the Homebot Airbnb interactive calculator to calculate potential earnings from renting out your home through Airbnb? Not only that, but you can see how that extra money can be applied to principal payments to reduce how long it will take to pay off your mortgage.

So you run the numbers in the Homebot interactive calculator, and weighed the pros and cons of applying that extra money to your mortgage and decided that it looks promising. What now?

Before figuring out potential earnings, homeowners need to make sure they have their assets covered. According to Airbnb’s website, there is significant coverage for those who decide to rent out their home or a room through their app. Reviewing and possibly updating homeowner’s insurance policies should be on your to-do list as well.

Homebot helps homeowners estimate what they could do with their extra money from Airbnb earnings and the Airbnb website helps potential hosts understand the value and potential earnings for a specific location.

To make the most of your income potential through Airbnb, homeowners have to make sure they make their space appealing and enjoyable. While this may take some investment, it can be well worth it since the value of a great review on Airbnb is high. BuzzFeed has some great tips on becoming a “superhost,” which means people are more likely to come back as well as increase potential income earnings.

Once you have completed all of that and are ready to get started, make some plans for your future earnings. Setting goals for this passive income is a way to ensure it will go to good use. According to NerdWallet, some great financial goals include setting up an emergency fund, paying off debts (mortgage!) and saving for retirement.

Keep in Mind

You need a license to offer a short-term rental to guests in Denver. There are two types of licenses that apply to hosting on Airbnb:

  1. Short-Term Rental business license
  2. Lodging Facility business license

Both of these licenses are managed by the City and County of Denver.

Find out more on airbnb.com

Ready to sign up for Homebot? Get a FREE monthly wealth snapshot of your home. Receive updates on estimated current value, see what a refinance could save you, understand when you can drop mortgage insurance & find out more about Airbnb. Click link above for more info and to sign up!


Denver Restaurant Week

Today marks the first day of Denver Restaurant Week! Until March 1st, Denver (and surrounding areas) top restaurants will offer multi- course dinners at three different price points- $25, $35 or $45.

How to do Denver Restaurant Week right:

  1. Browse the menus. All participants are listed and restaurants are added to the list as they sign up, so be sure to keep going back for the latest info.
     
  2. Make reservations. Tables fill up fast during Denver Restaurant Week, so make your plans soon. Be flexible and try some earlier or later seatings, too. And be sure to cancel any reservations you don’t use!
     
  3. Dine early and often! With hundreds of Denver’s best restaurants participating, there’s never a better time to try a new spot or head back to your favorites.
     
  4. Splurge! Lots of restaurants offer affordable wines, add-ons and special desserts. At $25, $35 or $45 per person for dinner, you can afford to order some extras.
     
  5. Pay it forward. That fabulous meal you just had is also a great deal. Be sure to tip your server generously!

A few of my favorite menus include:

The Capital Grille

Menu Price: $45.00

Located on historic Larimer Street in the heart of downtown Denver, The Capital Grille boasts an atmosphere of relaxed elegance, style and award-winning service. Nationally acclaimed for dry-aging steaks on premise, The Capital Grille also serves traditional offerings such as chops, large North Atlantic lobsters and fresh seafood as well as an award-winning wine list featuring more than 400 wines.

Appetizer

Choice of:

Wedge with Bleu Cheese and Smoked Bacon

Field Greens Salad with Parmesan Vinaigrette

New England Clam Chowder

Entree

Choice of:

Filet Mignon 8 oz

Bone-In Dry Aged NY Strip 14 oz (Additional offerings | 12 | Grilled Jumbo Shrimp, Maine Lobster Tail, Crab Oscar)

Herb-Roasted Chicken

Seared Citrus Glazed Salmon with Marcona Almonds and Brown Butter

Accompaniments

Sam’s Mashed Potatoes

French Beans with Heirloom Tomatoes

Dessert

Choice of:

Flourless Chocolate Espresso Cake

Classic Creme Brulee

Additional Items

Chef’s Suggestions | Elevate your dining experience

Sliced Filet Mignon, Roasted Wild Mushrooms | add 10
Bone-In Kona Crusted Dry Aged NY Strip with Shallot Butter 18 oz | add 10
Veal Tomahawk Chop with Foie Gras Butter | add 15

COMIDA

Menu Price: $25.00

Comida offers simple, small plate dining at itʼs best. We feature slow-cooked Mexican Soul Food (Mexican Street Food with just a hint of the American South), incredible handmade desserts and refreshing beverages, using the freshest ingredients and artisanal preparation, all served with care in an environment that is visually rich but unpretentious – a feast for the senses on all levels.

Antojitos (Street Snacks)

Choice of:

Comida Salsa + Guacamole
Queso Fundido
Salty Roasted Jalapeños

Tacos

Taco Trio (choose three):

Stellas Pork Carnitas
The Situation
Camarones a la Diabla
Arrachera
Wild Mushroom
Chimayo Chili Roasted Chicken & Poblano
Beet & Carrot
Chorizo & Red Onion Escabeche

-OR-

Griddled Taco Trio (choose three):

Stellas Pork Carnitas
Pico de Gallo
Sombra Shroom
Chimayo Chicken
Bacon & Jalapeno

Dessert

Choice of:

Comida Flan

Key Lime Pie

House-Made Cookies

Girl’s night, date night or family night… this is the perfect opportunity to go try someplace new!