OK – so my “castle” is more like an apartment. Actually the apartment is more like a studio!. But no matter… (that’s for another post..)
Its been a year now since I have been renting out my apartment, whilst I Couch-surfed at a friends place (he has 3 couches!). So far so good, a 5 star Airbnb rating with 15 references to my profile and of course the money comes in handy (School Fees, saving for flights etc). My place is out with Airbnb about 50% of the time at the moment.
Now I come to a cross-roads! So – do I stick with the Airbnb strategy whilst I am away travelling, or put my place out with as a short-term rental?
On short-term rental – I place my apartment in the hands of a local agency. I have to pay for my own insurance, but I do get a bond. The tenants will be working in Melbourne – so will occupy the apartment full-time and cook most meals at home. 100% rental occupancy gives me $350
On Airbnb – I leave my place with one of the largest “hotel chains” in the world. I get public references that builds collateral for my apartment. Airbnb has some $Ms of insurance. The travelers will be just passing thru Melbourne, so will want to go out all the time to experience the local cuisine. 50% rental occupancy gives me $350. Bonus – My daughters can stay there when the apartment is not with Airbnb – and they get to clean it!
So I reckon I stick with the “Sharing Economy” approach – Airbnb!
- How are you preparing for your Digital Nomad lifestyle?
- Are you going to Airbnb or rent out your home?
- Have you been thru this process before? What did you do?
- Are you thinking about a Digital Nomad lifestyle as a form of Retirement?
About 2 years ago when I was between contracts…! a girlfriend invited me to join her on a House Sitting engagement she had landed in NSW using HelpX.net Thus started my immersion in the Digital Nomad lifestyle, this lasted for 4 months as we traveled up and down the east coast of Australia. Our expenses were limited to petrol money, home cooked food and beer money spent down at the local.
Since then, I have joined TrustedHouseSitters.com and started to build my profile with a few local House Sits in Melbourne, and another one starting next week. I find these assignments are a wonderful home-away-from-home break, allowing me to care for treasured pets (which I don’t have myself!), access a home WiFi (which I only have on my phone usually) and cook on a BBQ (which I don’t have as I live in an apartment!).
This is all by way of mental, emotional and physical preparation for my up-coming 3-4 month trip to Nicaragua, where I hope to offer and extend my House Sitting experience.
Is anyone in Nicaragua at the moment?
Anyone House Sit there yet – especially in Granada?
Anyone had any bad experiences with House Sitting?
Well – this Digital Nomad Retirement idea might actually work!
Two days after my first post on LinkedIn I got a call from an old friend – Marta, who declared that she and her husband were about to head-off on a couple of “Mid Life Gap Years” starting with Australia, then Asia. Being the opportunist that I am, I offered to setup their “Digital Presence”… in exchange for dinner.
Marta had done ALL her research, but had stopped just short of actually creating her website and Social Media identity. By the end of the bottle of red, we had her Domain registered, the site created in WordPress, a Facebook page setup, her email flowing and, listening to their plans, I was further inspired to pursue this Digital Nomad lifestyle. To be fair, I think I came out ahead – as I learnt more about “managing customer expectations” than she did about DNS entries and Domain Re-directions!
….and the crispy skin salmon dinner was delicious! Can’t wait for the next opportunity to barter my skills! …….Anyone?
I read this article (linked below I hope!) in Forbes a week ago and keep coming back to it. I am approaching retirement, as opposed to just starting my career. Next year I am planning to try my hand at being a “Digital Nomad” in Central America. The idea is that I will take a 3-4 month mini-retirement (as made famous by Tim Ferris!), live in Nicaragua as a volunteer teaching English in schools in poor areas and also see if I can cover my costs as a Digital Nomad. The article below infers that most nomads struggle to build a sufficient income stream! But then I always did love a challenge… I will let you know how I go.