How to start an Airbnb business without owning a house? Yes, that is correct.
You can start an Airbnb business without owning any property whatsoever. I'm going to
tell you how. Okay, in this video, I'm gonna tell you the number one thing you
need to do to get started today to do this. I'm going to outline 4 simple steps
for you to follow almost anyone can do. It is pretty simple. And then I'm going to
share with you my secret way to find properties for free. The key to starting
an Airbnb business without owning any houses is to start a business, okay? So,
this is all going to come down to you actually having a business. So, the first
thing that you want to do is go ahead and create the business. What is your
business's name? You want to go ahead and name your business you want to go ahead
and get a business license like go ahead and get the LLC or get the S corp or
the C Corp. You want to get a EIN number, you want to get a phone number. You want
to get an email you want to have an actual business, okay? And it doesn't take
very long to set these things up. But it's super important for you to do them,
okay? If you can get these things done quickly, then you can get started really
quickly with the next part. I have students that have been able to get this
accomplished in less than a week. Some of my students have been able to do this in
a matter of hours, okay? This doesn't take very long
depending on what state you live in to get your business registered and then do
those other things that I said. However, it is super important because one of the
things that you must be is a business if you're saying I want to start a business
then start the business. No, you do not have to own any of the properties, no you
do not have to own any houses to start. But you do need an actual business. And
I'm gonna tell you why. Well, before I get into what you're going to do with your
business and how you're gonna sell it to other people, let me first tell you you
should go to Airbnb first, okay? So, once you've decided this is what you want to
do you name your business and you've done a few of those things, go ahead and
do some research. Go to Airbnb and start looking around. Start looking at some of
the properties. See what we have going on. You know, there's lots of hosts like
Noelle that have beautiful properties and we furnish them a certain way we've
taken our pictures a certain way. We price our properties a certain way the
whole 9, okay? And it's actually pretty easy. Of course Airbnb was set up for
regular people to be able to put their properties on their site and start
making money. So, look and see what other people are doing. Go onto the site for
free and search "stays", okay? Airbnb has things call "stays" which are you staying
the night at someone's house. Those are like you know, nightly bookings. And then
they have "experiences", okay? Where you can take a guess and you can take them on a
trail. Or you can teach them something or you can do a cooking class or whatever.
But you don't want to necessarily get into the Airbnb experiences because
those are different than the Airbnb properties, okay?
So, again, when you go in and you're doing your research, go in and look at some
stays. Look at entire places. Go look at apartments. Go look at shared rooms.
There's different options. Airbnb as a company was founded by a
couple of young guys who started with air mattresses, okay? So again, you don't
have to own the entire property. You don't even have to put the entire
property on Airbnb. In fact, some people just rent rooms almost like a hotel. So,
say for example you had a big house that have 4 or 5 rooms on Airbnb, all
four rooms could be put on Airbnb. So, again, I'm not going to go into everything
on Airbnb I have a tons of videos in this playlist for you. I have a full
basically full you know course here for you.
So, go ahead and make sure you watch some of those videos. But go ahead and also go
to the Airbnb site and do the research. So now, we're going to do is take what I
told you in step one, okay? Why you did all of that stuff? Why you went and got a
phone number and an email and all this other stuff, is because you want to be
credible. Okay? Now, the great thing about Airbnb is
they mark it to millions of people. In fact, Airbnb even in the lowest economic
downturns have had more people on their website and most websites put together,
okay? People are searching or Airbnb and its popularity is growing and growing.
So, the about it is there are more people
looking on Airbnb. Meaning, millions and millions of people just out there who
have the opportunity to see your property. But you need to be credible. So,
let's talk about this next step in how you get people to say yes to you so that
you can use their properties to put them on Airbnb. Because this is the key. The
next thing that you want to do now that you have the business set up you know
exactly how you're gonna start doing your Airbnb business and what your
properties are going to look like because you already want on Airbnb site. You're
going to find people with property problems, okay? You're going to go on
websites, free websites like Zillow and Craigslist and Red Fin and Trulia and
Hot Pads. And I can just keep going on and on and on. I actually I'll give you
some help a little bit later because I don't want this video to be too long. But
there's a ton of free websites where people have literally raised their hand
and said they are looking for people to rent their properties.
Now, they've raised their hand. They have a property available. You literally could
rent the property from them and then put it on Airbnb. Or you can contact that
landlord and let them know that you have a business where you can provide this
service. Where you can put the property on Airbnb and you will split the revenue
with them, okay? So, this is a really tricky thing that is really simple when
we're getting a ton of people that are interested in it. Because instead of
renting their property out to a regular tenant in making a thousand or
twelve hundred dollars a month or whatever their ad says, I am able to give them
that plus money that I'm making on Airbnb. And in many cases, they get a
revenue share. You know? That is something that you can do. You can split the
revenue with them. So, on average an Airbnb properties similar to this one
that we're in makes about a thousand to fifteen hundred dollars per month. In
fact, actually I have ones that make even more than that. But I want to give you
the typical thing. I don't want to give you Noelle's years of
experience and all the awesome things that I do. And just give you the average
of what a normal person is doing. And a one-bedroom apartment that you
just rent profit after you've paid the rent, after you pay the utilities,
everything; the profit is about a thousand to fifteen hundred dollars per
month. That's pretty good. So, imagine if you have just 4 or 5 of them and
you're making you know $1500 each and you have 3 of them,
okay? It's a low number. You got 3. You got 3 little units. That's $4,500 per
month. Now, that's if you kept all of the profits for yourself. Now, what if you
split some of the profits with them? So, maybe you split some of the rent, you
know the revenue that you've made with the landlord because they allowed you to
put their property on Airbnb. So, instead of getting a thousand, maybe
you instead of making 4500, maybe you only made 4000. Because you gave $500 of
the revenue to the landlords plus the rent. And those are some of the
agreements that you can come up with. And there are a ton, I mean a ton of sellers
private owners landlords people that had to evict people people that have had
some crappy tenants. oh, my gosh, I could tell you how many people that we have
reaching out to us now... You know, again, at first you may be calling on Zillow and
all these other things. But now they call us asking us if we will do these things
for them. So, this is a business. There is a big need there is a lot of people that
need to do something with their property and they're looking to make money and
you can help them. The next thing that you need to do once you've got your
properties is easy. You furnish them. You furnish them and you stock them. It is
not hard to furnish a small apartment or even a house. And you can actually do it
very inexpensively and it does not require a lot of furniture. It does not
require that you spend a lot of money. I actually made an entire video I on how
to furnish your Airbnb. I'm not going to go into this whole big thing here. I'll put
a link in the description box for that video and you can watch that whole video.
But it's super easy to just furnish the property and put the stuff in it that
you need the towels and the pots and the pans and things like that.
Next, you list the property on Airbnb. That's the next step. So, you got it
furnished, it's ready to go. You're going to take some pictures and you're going to put
your listing on Airbnb. I give you a free link below for my referral code for
Airbnb so you can get set up as a host. Remember, there are two types of accounts
or 2 different types of ways that you use Airbnb. You can either be in hosts
where you host guests and you make money like we do. Or you can be a guest and you
can go and you can stay in people's Airbnb and pay them. Now, I absolutely
love the Airbnb model on both sides. I love it as a guest and I love it
a host. But I absolutely love it as a host because we were able to put
together some beautiful properties and really provide value to our guests. And
the last step is get paid, okay? So, once you get your first booking, it is awesome.
So, the great thing about Airbnb is once the person checks in... So, say for example
they're staying for 4 nights and it costs $100 and I'll just make up some
numbers. So, you say your your listing is $100 a night, that's $400. The first day
that they check in the next day, that whole amount is in your account. And so,
this is an easy way to start making money in your business. You can do this
sometimes when you have a job depends on your situation. But this is a very
profitable business. And it is one that you can start without owning any houses.
In fact, I prefer that you do it without owning houses because you can do things
where you can make sure that the property is profitable and making you
the most money before you ever decide to buy it, okay? Additionally, there are tons
of people, I told you in this video looking for your help. They already have
properties. Why go buy property? Because people that already have them and
they're ready and waiting for you. So, just go call them. So, I've created an
entire course that teaches this whole thing and it is super affordable. Just go
to bnbriches.com. That's B like boy, N like Nancy. B like boy, "riches", R-I-
C-H-E-S, ".com". Bnbriches.com. Again, it's actual training on how to do this, how to
start from scratch, how to have a six-figure Airbnb business. You don't
have to use just Airbnb. There's our ton of other websites. I teach you about that,
I teach you exactly how to price your property. I give you all of my scripts,
all of my templates, all of my contract is right there for you. Go ahead and
check it out because this is Noelle and I want you to be successful. To your
success.