How much does it cost to furnish an Airbnb? This is such an important question.
If you spend too much, you will destroy your business. If you don't spend enough,
you're going to end up with cheap stuff and crappy reviews. I'm going to tell you the
right answer. Let's go.
I'm going to give you a quick breakdown of the cost based on the room. Number 2,
I'm going to give you pro tips on how to get quality stuff at a very cheap price.
And then if you stay to the end, I'm going to have an awesome surprise for you. Let's go.
So, let's talk about Airbnb. Airbnb is the number one home sharing platform in
America right now, in the world right now. And it allows regular people, normal
people like you and I to just put our properties on Airbnb. We can put the
entire property up there or we can put just a room. And we can start making
money off of our properties. Additionally, people can go on the website or go on
the app and they can find your home, my home other people's homes. And they can
stay there instead of staying in a hotel. And this has become so popular. And the
demand is so high on Airbnb because so many people are interested in doing this.
Instead of staying in a hotel. The benefits for guests are incredible.
People get to stay in a fully furnished fully equipped place for about the same
price of what they would pay for a hotel. So, just think about that for a second. If
you have kids or if you're traveling for work or if you're going with your
boyfriend, instead of just being in a hotel room where you just have this one
little area, if you stay in an Airbnb, you get the entire space, you get a full
kitchen, you get all of these amenities for about the same price. That's one
benefit. But what if you're on a tight budget? You know, you don't have a lot of
money and you can't even afford a hotel? Airbnb is still the answer. There are
people that put rooms in their house on Airbnb and they start making money, too.
So, again. So many benefits for both holes to make money on Airbnb and for guests
to get a great deal that really fits their needs. So, when people are looking
for Airbnb, your guests are looking for comfort, safety and cleanliness. That is
the main 3 things that you want to be able to provide as a host and the
thing that guests are looking for when they are looking to rent a property or
book a property on Airbnb. So, when we talk about the furniture, let's keep that
in mind. So, in most of my Airbnb's, there are 2 major rooms that your
spend most of the money furnishing. And the first room is going to be the living
area, okay? Because every living area is definitely going to need a couch and
you're going to need a little bit of decor. And you're going to need a TV, okay? So,
those are the major things that you are going to spend money on when it comes to
furnishing your Airbnb. Now, I told you you need a couch. You need a sofa for the
living room. One of the things that you should be looking for if you can is a
pullout sofa couch, okay? And I know these sometimes cost a little bit more money.
But they will add value to your Airbnb and help increase your profits. Now, if
you cannot find or if you cannot afford a sofa bed, you know, a sofa, just get a
regular sofa. And it just needs to be clean and comfortable and good quality.
Again, you can get a brand new one where all the furniture matches. Or you can
start shopping at consignment shops or use furniture shops and find some nice
quality use furniture that meets your guests needs. The next major room that
you're going to have to put furniture in and you're going to spend a little money
doing are your bedrooms, okay? Again, what are people looking for in an Airbnb?
Like I said, safe, clean and comfortable. So, when we're talking about the bedrooms,
think that same thing. Comfort being the number one word. Most people want a very
comfortable bed to sleep in. Now, do you have to spend thousands of dollars on a
posturepedic mattress and all of these things? No. But I do not
recommend you using used mattresses or lumpy old mattresses. You want to make
sure that you don't spend a lot necessarily on the bed. Again, in some
cases, I don't need to use head boards. In some cases, I use platform beds. And all
we do is put the mattress we don't need a box spring. There's so many economical
ways to get a bed. And you do not have to spend very much on a bed. But the key to
it is in the main bedroom. You want to have the biggest bed available for that
room. So, if it's the master bedroom and the biggest bed that will fit in there
is the queen-size bed, put a queen in there. But if a king-size bed will fit in
there, put a king-size mattress in there, okay? And just go ahead and get a
platform bed. You don't necessarily have to spend any...
On a fancy expensive bed or a box spring. But a nice IKEA bed or a nice
platform bed that doesn't cost too much money. It's perfectly okay, okay? I usually
on the king-size bed are maybe only spent a couple hundred bucks. And then
the mattress is where you're going to spend a little bit more money just to make
sure that you get a quality mattress. But I'm going to give you some ways to find
quality for cheap. You want quality furniture and quality decorations and
things for your Airbnb but you do not have to spend a ton of money. So, let me
tell you about my how I even got into Airbnb really quickly and how cheaply we
got some of this stuff done. So, I had a student of mine he was like a
18-19 year old kid. I did a joint venture with him. I gave him a few thousand
dollars so that he can get 5 apartments. And we were going to put them on
Airbnb. So, we rented some studios and some one bedrooms, okay?
And we spent maybe only $1,000 per apartment, okay? And that is total. And
you're going to like, "Whoa, wait a minute. How did you furnish an entire one-bedroom
apartment for $1,000?" Well, it is very easy. I think I just told you that you
don't need to apply lat uh none of furniture into this place to make it
attractive to guests. Where you're probably going to spend most of your money
is of course the living room on that sofa that I told you. And then on those
bigger beds, okay? You want to put... You're going to spend money on the
queen bed or the king bed and then in some of the other rooms. You can use twin
beds or full-size beds. But again, you're not going to spend very much money on the
bed itself. You're going to spend most of your money on the mattress. Alright? Now,
I'm going to tell you one more thing because this is super crazy. And you got
to know this when we're talking about getting quality for cheap. The next thing
that you want to know is that you can get all of this stuff, my all of this
stuff. You can get a lot of furniture at Goodwill. Yes. Goodwill, Salvation Army
family store, consignment shops. You can actually get used furniture, used couches
and they are in great condition. You can get covers for them to make them look
nice. Or... It's one more tricky thing. You can get brand new stuff
and you can actually put it on a credit card. So again, there's different ways to
get these things done but you do not have to spend a lot of money to do it.
And if you watch some of my other videos, I actually teach you how to do some of
this with your business credit so that you don't have to use your personal
credit to get some of these things going. So, getting these things furnished does
not cost you a lot, you just got to listen to what I'm saying.
I've been doing Airbnb for 3 years. I've been investing in real estate for
over 10. And I'm telling you I have all of this information right here for you
on this channel. So, go ahead and like this video. Go ahead and subscribe to my
channel. Go ahead and click that notification bell. I have new videos
coming out every single day of the week teaching you how to do this. I am
semi-retired and I just want to make sure that you are successful in your
business. To your success.