Here is an idea to make money with homestays.

You do not need to own any property either. You can just rent.

You need to calculate the return-on-investment before renting a house for this purpose. If you can charge RM200/night for a homestay, and you can get a house that rents for RM500/month, you just need to have 4 nights (total RM800) of booking to make some good money right?

Here are the TWO EASY STEPS:

1. Identify a good location with low competition, cheap monthly rental, and good return on investment
2. Rent (or buy if you can afford) properties in the area.
3. Set up listings on Airbnb

Not sure what how Airbnb works? Click here and register for an AirBnB account via this link now to get RM120 OFF and try the website yourself.