Temporary rentals: how is the trick to publish on Airbnb and Booking and collect in dollar bills

The collapse in the supply of traditional rental housing that occurred since the enactment of the Rental Law is widespread throughout the country and resulted in a significant increase in prices.

Due to this situation, many owners decided to put their property under the temporary rental modality.

Although this variant has the disadvantage of instability due to not having a guaranteed long-term operation and the inconvenience of having to be daily after the collection and management of new tenants, there are several reasons why more and more owners are

.

However, one of the

who put their properties up for tourist rental see is being able to

when they do so through one of the international platforms such as 

.

Putting the apartment for temporary rent today generates more advantages than doing it in the traditional way.

Photo: Maxi Failla

What are the advantages of putting the property up for temporary rent?

As it does not fall under the jurisdiction of the norm decreed in 2020,

daily dollarized rates.

Which allows to double or triple the income of conventional rental.

With an average rent of US$20 per night, a temporary rental of

.

An option that more and more owners choose for their properties, in order to earn in dollars in Argentina.

In addition to

, there are other advantages that stand out such as the freedom of power

Modify or

, according to the values ​​that govern the market.

These contracts range from a

, with exceptions that extend up to one year.

On the other hand, a

, which is updated annually and with an indexation set by the Government.

The most used modality in temporary rentals is the use of platforms such as Airbnb, and Booking.

Photo Shutterstock.

Temporary rentals: where to publish the properties?

The temporary rental is invading the Buenos Aires real estate market and is expanding throughout the country.

In this context, the most used modality is the use of platforms such as

.

According to the numbers of one of them, between September and December 2022, in just three months the rentals offered in CABA for "complete homes" increased by 20% with 18,000 options to offer.

In this line, according to

, the Century21 real estate broker,

, told Clarín, "although real estate companies were gaining ground in temporary rentals due to the fact that the income of international tourism was almost nil due to the pandemic, currently with the reopening,

when offering this publication service to attract foreign travelers". 

With the temporary rental of a studio apartment, you can earn an average of US$600 per month.

Photo: Andres D'Elia

How to charge temporary rentals in dollars bills?

Currently, most hosts in Argentina who publish their properties on international platforms such as Airbnb and Booking receive payment for their accommodation in dollars

but these have several disadvantages.

One of the most important is that, unless you have an account abroad,

 and the balance is trapped on the platform.

How is the trick to publish on Airbnb and Booking and collect in dollar bills?

One option is to do it

.

This is how many users began to use this new trick through the

stablecoins

(with dollar parity).

Through the alternative offered by

, a pioneering platform in the payment of fees in cryptocurrencies and digital dollars to workers, freelancers and service exporters, hosts

, without having to open one,

(in this case, digital dollar: USDC, USDT or DAI) and in which wallet.

This is how they can collect their rent through Bitwage and it, in less than 24 hours,

 In this way, digital dollars are received in wallets that you own, you have custody of the money and

, without losing value in high commissions.

Step by step, how is it done?

By logging into Bitwage, the user will be able

for the amount to be received by the temporary rental company, who will be able to transfer the funds to the temporary bank account located in the United States, Europe or United Kingdom that Bitwage will assign to the user.

Then, in a flexible non-custodial way, that is,

, Bitwage will send said payment directly to where the user has set up to receive them (in BTC, ETH, USDC, DAI or cUSD).

Argentines, for the most part, choose to receive in

.

1.

Go to www.bitwage.com and register.

Put an email (an email will be received to verify validity),

2.

Once the email is confirmed, you can enter your personal data.

In the customer data, put the provider (eg Airbnb) and the company data.

3.

Once the account is approved, the first invoice can be created.

Go to "Invoicing", "create invoice".

Put the details of the payment and when the funds will be received (estimated).

In the lower left part of the invoice you will see the bank details that Bitawge gives you temporarily.

This data will have to be entered in the payment setting on the rental platform.

On AirBnB:

• go to my profile

• Click on payments and withdrawals - Payment methods

  
  

• Add payment method

  
  

• Select bank in USA how much checking

  
  

• Enter the details of the bank account that Bitwage has assigned to you

  
  

• Done, when the Airbnb funds are withdrawn, they will go to the Bitwage account and from there to the wallet that you have assigned in cryptocurrencies

  
  

To

, hosts usually use the market known as P2P (person to person), or make the change through a financial company.

There is also a third option through Vibrant that allows you to collect money at MoneyGram branches or send peso-denominated funds at a

, to a national bank account.

LN

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