How to start an Airbnb business without owning a house?
Did you know that the average Airbnb makes more money than your average rental property
with about the same expenses?
So, n other words, in Airbnb's make more money and offer more profit without having to do
a whole lot more work.
Almost sounds to good to be true, right?
So, I'm going to tell you how you can have your own Airbnb business without owning a
house, without owning furniture, without having any experience and without even having much
money.
I'm going to tell you exactly how to do it.
Let's go.
So, let's talk about Airbnb as a business.
Airbnb's are basically properties that you furnish, you put all the amenities in them.
Like towels and forks and plates and things like that.
And people will rent them out on a nightly basis.
I started off in real estate and I started with wholesaling then I started doing some
fixing and flipping.
And then I started getting rental properties.
And I thought that was the beezneez(business).
I literally thought that having rental properties with long-term tenants in them paying me every
month.
And I was able to quit my job.
I thought that was the best way to do real estate.
And don't get me wrong, it was very profitable for me.
I was able to quit a 6-figure job and replace that income with my rental properties.
But I'm going to tell you how I started making double and triple what I used to make with
my rental properties just by using sites like Airbnb, HomeAway, Booking.com, TripAdvisor
and many, many more.
I basically started to transition my portfolio of properties that I had with long-term tenants
that were staying in there for year to putting them on sites like Aibnb where I rented them
out on nightly basis.
And instead of getting a 300-dollar-per-month profit, I started getting 1,500 to 2,000 dollars
per-month profit on each property.
This opened up profits and it actually made managing my properties a lot easier where
I didn't need as many properties to make the same amount of money.
You can do the same thing, let me tell you how.
So, how I got started in Aribnb is really from this 18-year-old kid that schooled me
on how to really make money with real estate.
Like I said, I had quit my job, I had a bunch of rental properties that had over 40 rental
properties at one point.
I had replace my 6-figure income and I was living the life.
So, I started coaching and mentoring key point, kind of teaching them what I was doing and
how to quit their job using real estate.
But long story short, I had this great student.
He was about 18 years old and he was down in Florida.
He told me that we could rent some properties, he could put them on sites like Airbnb.
And he promised that I could make double or triple what I was making on my rental properties
in Texas.
So, I kind of laugh a little bit but I hesitantly invested and started to do it.
Because like I said, "Investors, we invest."
So, I did it.
Long story short, he proved me completely wrong.
In about a month, instead of making 2 or 3 hundred dollars per month on a property, he
was making a $1,500 dollars on his apartments.
Literally he didn't own any of them and all of the money that I invested was just a purchase
things for the property, to furnish the property and get it ready for Airbnb.
So, when I started to see how much money we could make on Airbnb, I immediately was sold
and I had already known right from the jump that I did not have to won the property in
order to start making money off of it.
So, let me tell you how you can do it and scale this to the next level.
So, one of the things that I did to make a ton of money that I'm going to tell you how
to do is to combine the property solver concept with the Airbnb concept.
So, when I first started in real estate, how I made so much money and got all my properties
for so cheap was I started to target people that were behind on their mortgage payments
or that were in foreclosure or that were bankruptcy or divorce or they inherited a house they
didn't want or the hose was dilapidated and fallen apart and they couldn't pay to fix
it.
Long story short, I found people with property problems and I was able to get those properties
for pennies on the dollars.
I am now able to do that exact same thing.
But instead of just making the property a rental property, I can put those properties
on Airbnb.
And you could do the same thing.
So, one of the opportunities that we have now where we're making a ton of money is we're
finding that there's a lot of landlords that don't really want to be landlords.
You know, a lot of people are landlords and they have 1 or 2 properties.
And they would gladly let someone take that property over so long as their mortgage payment
is guaranteed.
So, we started targeting all these tired landlords like these mom and pop type of landlords.
You know, private sellers, people that had 1 or 2 rental properties.
We started contracting them letting them know that we could guarantee their mortgage payments
and that we would take the property over.
And we would make sure that the property was cared for and well-maintained.
Boy, do we have so many people that were interested in that that we started making a ton of money
off of properties (again) that we did not own.
So, we put out all of these different types of ads.
And again, you can do this exact the same thing where you target people that already
have rental properties because (again) they're already interested in getting a tenant.
But instead of just finding a normal tenant, you and your company is the tenant.
Okay?
So, you're the one renting the property, your business.
You guarantee them the rent and then you take that property, you furnish it, you get it
nice.
You put it on Airbnb and you make the profits.
We are making 2 and 3 thousand dollars per month on properties like that.
Mind you, if you are listening, when I started with my little 18-year-old student, we were
only making about 1,000 to 1,500 dollars per month on apartments.
Now, I still do apartments.
1 bedrooms still do well.
And again, 1,000 and 1,500 dollars is still nothing to sneeze at.
That is an amazing amount of profit on a property that you don't own.
But when we combine this with targeting people, tired landlords, people in foreclosure for
example, those 2 primary people, we were able to skyrocketed.
We have tons of people that are interested ind doing it.
We don't have to own the property.
In many cases, they own it.
They insure it.
They do everything.
We just have to furnish the property and put in on Airbnb.
We make the money.
And this is what you can do.
This is how you can start your own Airbnb business without owning any houses.
So, now that I told you who we are approaching, let me tell you how to approach them.
Because it's super easy.
And in fact, I actually made an entire video, I'll put a link here on how to approach them.
I tell you everything to say.
But I'll give you a quick synopsis right here.
You basically are going in there as the perfect tenant, okay?
You are a company, you have your business lines of credit (if you've been listening
to me) so you have some money established where you can guarantee the rent.
But again, it's not you paying the rent.
You know that you can make money on the property.
Just think of it for a second.
If you rent a property from someone and you're only having to pay $1,200 per month...
And I am telling you, we have properties with a mortgage is $1,500 a month and we're still
making $2,000 per month.
The money is there.
On average, even if you did a low number where you're only renting that property out for
$100 per night, if you only rented it for...
Let's just say 20 night out of the month.
Say, the other 10 you just couldn't get rented.
Which again, we actually have our occupancy rate at 95% in some areas.
And on a low end, it's like 87.
So, we definitely keep ours booked.
And it is pretty easy to do that.
There is a big demand for this type of thing through corporate housing, traveling nurses,
sales people, vacationers.
Like the list just goes on and on and on.
People that are interested in furnished types of properties, furnished, condos, furnished
houses, things like that.
So, you make a ton of money doing this, okay?
What you want to do is when you're talking to those owners, you just want to make sure
that you are explaining to them that you are guaranteeing the rent, that you're usually
going to leave the property in better condition than when you even found it.
Again, sometimes, we take people's properties, we use our business fund.
We fix the property up, we paying it, we put some decor int there.
So, we actually leave the property nicer than a tenant was treating that property.
Additionally with Airbnb and short-term rentals, you're always in that property expecting and
you're always in that property cleaning.
So the property is actually maintained much better than with a normal tenant.
So, this is how we're getting tons of landlords, tons of private owners that want to work with
us and want to do business with us.
And this is how we've been able to skyrocket our profits and how you can do the exact same
thing.
Okay, so I have created an entire course.
If you want to learn all about this, all what this called is rental arbitrage where you're
able to start making money and leveraging other people's property and make money, I
have an entire course.
Go to bnbriches.com.
Use the code at checkout, SAVE50.
And I will take half off of affordable course.
It's a complete course with all of my training, all of my contracts, all of my scripts.
I give you all it right here.
And we even have access to ask questions unlimited to our team.
I just want to make sure you have all the tools, all of the necessary resource and all
of the knowledge that you need to be successful.
This is Noelle, to your sucess.