I get asked this question all the time.
"Noelle, Noelle.
How much money do you make with your Airbnb's?"
Well, the answer is a little bit tricky.
But I'm going to break it all down for you so you know the exact answer and how much
money can make too.
Let's go.
I'm going to share with you a detailed breakdown on Airbnb and how to get paid and make money
with Airbnb.
I'm going to share with you the biggest secret to making $10,000 or more a month on Airbnb.
And if you stay to the end, I'm going to share with you a new way that you can start investing
with only $500.
So, let's talk about what Airbnb is.
Many of you guys know that as a website or an app that has lots of properties where people
can stay in other people's homes.
Regular people like you and I, instead of going to a hotel, we can rent someone's place.
We can rent their apartment, their condo, their house or whatever.
We literally can even just rent a room in their house.
Airbnb is a very affordable way and the company's founder started the as a very inexpensive
way for people to stay in San Francisco and for them to make money with the Air Mattress
that they had.
So, fast forward to many years later, the company is very profitable and worth billions
of dollars.
It even boasts more than 3 million viewers a day checking out the website.
So, on the website of Airbnb, of course, you have guests --people that are booking the
properties.
And then you have host.
people that loan their properties out for other people to stay at and they turn that
into profit.
As an Airbnb host, I can tell you it's a wonderful thing to do if you know what you're doing.
So, let's get into that.
So, many of you already know I am a real estate millionaire and I have tons of properties.
And I absolutely love Airbnb.
But that is not where I started.
I literally started off investing in real estate from my parents' basement.
I was bankrupt, I had mulitple foreclosures, and I was a complete disaster.
I ended up getting a coach from my parents' basement who taught me wholesaling.
He taught me how to find people that were having property problems and how to get those
people under contracts and then flip those contracts to other investors for a profit.
I was making like 5 to 10 thousand dollars per deal and I was able to get myself out
of my parents' basement.
Once I navigated and learned it and got good at it, then I got back into fixing and flipping
and then eventually, I got into rental properties.
After I amassed a portfolio of about 40 rental properties, I was able to quit my 6-figure
job and be free.
I literally had lots of rental properties.
I didn't have to work my job.
I was home.
I was able to be with my kids.
I was having an amazing life.
You couldn't tell me nothing.
I eventually got a little bored and started coaching and mentoring people and I came across
one of the students that changed my life.
I literally had a student that was just 18 years old.
And at the time, I lived in Texas and he lived in Florida.
He taught me about Airbnb.
Now, this was about 3 years ago.
Actually about 4 now.
He taught me how we could rent some properties.
He was selling...
We could rent some apartments.
And we can start furnishing them and putting them on Airbnb and I could make way more money
that I was making with my long-term tenants with all of my rental properties.
Like I said, at the time, I had over 40.
So, I'm looking at my numbers and I'm making about $300 on average on all of my long-term
rental properties.
Meaning, I had tenants in there that were there for a year or longer.
I only list unfurnished apartments for a year or more.
And I was doing very well.
So, I thought that was just the bee's knees.
But when he told me about Airbnb and how we could just furnish the properties and start
charging $140 per night, I was sold.
I invested a small amount of money.
He had some money and I invested some in.
He was able to get 5 apartments.
And he was able to furnish them.
He was able to put them on Airbnb and in a matter of months, we were making a thousand
to 1,500 dollars per month per unit.
And like I said, we have 5.
I've never looked back.
I was able to realize I didn't need all of those properties to make the money that I
was making.
He was making (like I said, on the low) $5,000 a month profit.
Not just icome.
Profit.
From 5 properties at about $1,000 per month.
And in some cases, like I said, it was $1,500.
And now, I make even more profit.
I have properties that make me 2-3 thousand dollars a month on Airbnb.
And here is why: Instead of renting the property out on a monthly basis, okay?
On average, you're going to have a mortgage that's like $900.
You're renting the property out for 1200 to your tenant.
You're making about $300 profit.
But with Airbnb, instead of renting it out on a monthly basis, you rent it out per night
and you charge 100 to 200 to 300 dollars per night.
In fact, I have some properties that go for $500 per night.
So, this is how you can make way more money per property.
This way, you don't need so many properties to make the same income and quit your job.
So, now let me tell you how you break that down.
So, now this great information with me realizing I don't need 40 some properties, I only need
like 9 or 10 to make the same money that I was making with all of those properties, I
was able to increase my income 10 fold.
I was able to get rid of all of those long-term tenants and I started transitioning some of
my portfolios over onto Airbnb's or short-term rentals.
So, Airbnb is not the only game in town.
So, once I realized that I didn't need all of those properties and I can rent them out
for more per night that I could per month, I also found out that I could put them on
other sites besides Airbnb and keep my properties booked almost 100% of the time.
I literally have some properties that are booked 97% of the month.
Meaning, there's only like 1 space available.
People rent the properties over and over again.
Some people rent the properties for months on end.
So, there are so many more ways that I've learned to make money.
And I realized I don't need to own as many properties to make the same amount of money.
Let me give you one more secret.
So, like I said, I started off in my parents' basement.
But what I learned in my parents' basement, I still use to this day.
Remember I told you my first coach taught me about wholesaling.
But more importantly, he told me how to seek out people that were having property issues.
Meaning, find people that are behind those mortgage payments.
Or going through a divorce or in bankruptcy.
And now, I use those same tactics to find properties for my Airbnb's.
And I get properties and start making money on properties I don't even own.
I literally am able to target people that are behind on their payments or rental landlords
that no longer want to deal with rental properties.
And I get those properties under my control.
I furnish them.
I decorate them.
Put the stuff in them and I start making money on properties I do not own on Airbnb and other
sites like it.
It's absolutely amazing.
So, I have combined all of these.
And I even created an entire company that does this.
Check out my company Nuurez.
NUUREZ.com.
We're a next-generation real estate company that owns and acquires and controls properties
that we do short-term rentals in.
We do Airbnb's like the one that you see here.
We have apartments, we have condos, we have houses, we have apartment buildings.
We have all different types of properties but we make a ton of money on Airbnb.
Some of them we own, and some of them we don't.
But in either case, we make money every single month off of them.
If you want to learn more about Airbnb's and how to make a ton of money, I've created an
entire course very affordable absolutely for you and for other students.
Go to BNBRIHCES.com.
That's B like boy.
N like Nancy, B like boy, Riches.
R-I-C-H-E-S, ".com".
I've created again, a full course.
Very affordable that teaches you all about how to invest in real estate through Airbnb's.
How to get properties that you don't even own.
You get all of my scripts, all of my contracts, all of my templates.
And again, very affordable so you can get all of it and start doing this today.
I just want to make sure that you have all of the resources, all of the tools and all
of the knowledge that you need to be successful.
This is Noelle.
To your success.