Couple Uses 'Huge' Airbnb Profits To Buy Time: They Only Spend 1 Hour Working Per Week

This story is part of a new series of features on the subject of success, Benzinga Inspire.

A pair of wedding photographers have two homes. When they are living in one, they rent out the other, and the passive income helps them buy one of the most valuable resources: time.

What To Know: Adriana Krause and Stephan Alvin bought a cabin in California during the pandemic and it generated $13,000 in income in a little over one month, according to a CNBC report.

"It’s both a safe and crazy way to start a business, because nobody really wants to rent out where they live. But we’re both willing to take calculated risks, and the rewards have been pretty huge," Krause said.

Related Link: 26-Year-Old Gets Paid To Live In A 'Luxury Tiny Home' In Her Own Backyard

The couple uses Airbnb Inc ABNB to list the properties and they only have to work about one hour per week confirming bookings and coordinating clean-up with staff. 

They pay a cleaning crew about $125 each time they come in, which is usually two or three times per week. Airbnb also takes a 3% cut for the listing, but that's less than other competitor platforms charge for listings. 

For Krause and Alvin, it's less about money and more about the freedom that comes with the endeavor. The couple is able to spend time with each of their families depending on which house they are living in. 

The extra money covers cleaning costs, bills and allows them to make improvements on both homes. They have also been able to put some of the extra income into savings, which ends up going towards travel costs and extra vacations.

"Listing these homes wasn’t about money, it was about being able to spend time with both of our families ... having the option to be near both families is what makes us work so hard," Krause said.

Read Next: This DIYer Built A $17K Tiny Home That Generates $50K A Year — Now He Works Just 2 Hours A Week

This illustration was generated using artificial intelligence via MidJourney.