SEATTLE — “This was a cool way to have our backyard actually work for us.”
Eric and Rebecca are counting the ways that their Modern-Shed Airbnb, actually two sheds connected by a deck, has been a positive addition in their lives.
Already comfortable with renting their entire house on Airbnb when they go on vacation, the couple started to think about building an additional unit in their backyard to bring in additional revenue.
“We were really looking at how it would be a good idea to do that to off-set the mortgage and add to the square footage of the house to raise the equity of the home,” Eric says. “Once I realized adding 240 square feet would effectively pay off the construction cost in equity, it was a no-brainer. That is more or less what happened. If I can increase the monthly cashflow by $1500 or $2000 a month through the profit of an Airnb and if we wanted to sell the house, we’d make all the cost back, then why not do it? Continue reading