Sometimes it pays to have a pool.
Jim Battan, of West Linn, Oregon, has made income of $177,000 in lower than two years renting out his pool by an app dubbed the “Airbnb of pools,” in line with CNBC Make it. (The outlet mentioned it verified the income by documentation.)
Swimply, a venture-backed startup based in 2019, permits folks to lease out their residence swimming pools by the hour. Hosts can require a minimal of hours when buying.
Battan instructed CNBC how he brings within the money as a “pool provider,” from monitoring the chemical compounds to holding it clear. He and his spouse, Lisa, work on the facet hustle.
“Unless you’re retired or don’t have a day job, it takes a lot of time to learn about pool chemistry and management,” he instructed the outlet. “I look at my pool chemicals probably five to 10 times a day.”
Battan added to CNBC Make It that he spent $110,000 on his pool initially and has spent about $37,000 in maintenance during the last 10 years.
Battan cites his love of luxurious resorts for his success in bringing folks in: He guessed 65% to 70% of his prospects had been repeat prospects.
“My wife and I are very used to five-star luxury resorts, so we know what excellent customer service looks like,” Battan instructed CNBC Make It. “Part of that is ensuring all the needs are anticipated: responding appropriately to queries, greeting [guests] with a smile and making sure that all their needs are satisfied, and then disappearing.”
The evaluations are enthusiastic, too. On the pool’s rental web page, it seems that all of Battan’s 385+ evaluations are 5 stars.
“This is more than just a pool it is a little retreat!” one Battan pool-renter wrote. “Located in the rolling farmland of West Linn, this pool is located on a large and private property… The hosts are wonderful!”
Because the house is rural, there are not any HOA rules to take care of, Battan added to the outlet. (Though someday, he added, the couple hopes to maneuver to Portugal.)
Like exterior, the Swimply competitors is heating up. More hosts are becoming a member of the platform, and, Battan added, folks have extra choices for scratching the swimming itch as they begin touring greater than they did through the early pandemic.
Still, Swimply CEO and co-founder Bunim Laskin instructed the outlet income from bookings is up 100% since final 12 months.
In December 2021, Swimply raised $40 million in funding, lower than a 12 months after pulling in $10 million in backing, per TechCrunch.
“As the word gets out about Swimply and we add additional hosts to the platform, we are also adding just as many additional users … Top pools will always be in demand,” he instructed CNBC Make It.