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$140K/Year & Retiring His Wife in 18 MONTHS with Airbnb Arbitrage

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Airbnb arbitrage is a real estate investing strategy that provides a low-cost, low-risk entry point for new investors. While you don’t get the appreciation or tax benefits of property ownership, arbitrage can deliver cash flow in spades!
Welcome back to the “Real Estate Rookie” podcast! Like many investors, Keron Bryce started house hacking to help cover his mortgage. Once he discovered the potential of short-term rentals, however, he converted his unit into an Airbnb and doubled his cash flow right off the bat. But Keron still aspired to grow his business. So, without a ton of money for down payments, he decided to try his hand at arbitrage-a strategy that helped him rake in $140,000 of pure profit last year and allowed his wife to leave her nine-to-five!
Need an easy alternative to owning rentals? Arbitrage is not only a great way to test the waters before buying properties, but it’s also a profitable strategy in its own right! In this episode, you’ll learn about the pros and cons of arbitrage, the systems and processes you’ll need to automate your business, and the best way to find new units!
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Join the Real Estate Rookie Facebook Group:
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Find an Investor-Friendly Agent in Your Area:
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Airbnb Rental Arbitrage: How to Make Money Without Owning Property:
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Building a 150-Unit “Lease Arbitrage” Empire and the STR Furnishing Playbook:
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Tools to Analyze Short-Term Rentals:
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AirDNA: www.airdna.co/...
Rabbu: rabbu.com
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Connect with Bryce:
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Facebook: / keron.bryce
Instagram: @keronbrycerei or / keronbrycerei
Website: www.keyscapere...
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Connect with Ashley and Tony on BiggerPockets:
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Tony: www.biggerpock...
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or / wealthfromrentals
Tony: @tonyjrobinson or / tonyjrobinson
Show notes at: link.chtbl.com...
00:00 Intro
00:59 House Hacking & Short-Term Rentals
08:22 Retiring His Wife with Airbnb Arbitrage
16:40 Automate Your Business!
20:13 The Downsides of Arbitrage
28:02 EASY Cash Flow & Convincing Landlords
33:00 How to Mitigate Risk
39:43 Keron’s Cash Flow Numbers
41:24 Connect with Keron!

Опубликовано:

15 авг 2024

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Комментарии : 21

@JoeKamenar 22 дня назад

Nice to see some honest discussion about the risks. Too many course sellers all preach pie-in-the-sky opportunities, with nothing but profits with no risks. There is also the risk of signing a lease only to find that your analysis was off, or based on wildly optimistic revenue projections. Or, there is a problem with the property that keeps people from renting as an Airbnb, OR, you get a couple of bad reviews for whatever reason, and now people stay away from it or don't even look at it. Now what? You are stuck paying a lease, plus utilities, out of pocket. Sure, you can choose to break the lease, but if you provided your SSN as opposed to ONLY signing the lease as an LLC member with no personal guarantee, your credit gets screwed.

@yasiriojeda1831 Месяц назад

How can you break away from a lease? If you signed for a set time period like a year or two

@bjwxh9847 5 месяцев назад

Thanks for sharing. Arbitrage opportunities can be enticing, but it's essential to be realistic. I did some research on Keron's Airbnb listings in Stratford. He appears to have 6 properties, with the most popular priced at $120-$160 per night in March. Comparatively, long-term rentals in the area go for $1500-$2000 per month. Assuming 90% occupancy (27 days) at $150 per night, the Airbnb could generate $4050, supporting his claim of a 100-200% return. However, a 90% occupancy rate might be optimistic. Similar listings in the area show projected occupancies below 65%, reducing potential income to around $3000. I also studied Denver, DC, and Chicago - places I frequently visit or reside in - and found limited arbitrage opportunities. Could there be any flaws in my analysis?

@homecomingharvest9987 5 месяцев назад

Yes you should factor in if he actually has guest(s) that stays in the properties in more of like a mid term rental situation vs a per nightly rate

@bjwxh9847 5 месяцев назад

@@homecomingharvest9987thanks for your reply. I found it was the most difficult part to validate the real occupancy. Any suggestions?

@yalexiaquiroz9139 4 месяца назад

How do you file taxes with rental arbitrage schedule C or schedule E Do you need an LLC ? Can I do it in different states?

@Ulk672 4 месяца назад

Stop paying taxes, buy cheeseburgers

@Ulk672 4 месяца назад

Hey Buddy! We have 1 AirBnb in Place but If like to scale up to 15 AirBnBs in the next 12 Months. Is there any way to work with you and learn from you? By the way: The AirBnBs would be in Greece!

@hardattackdj 5 месяцев назад

I’m also in CT looking for a property to get started with

@biggerpocketsproducer 5 месяцев назад

Reach out to Keron - his info is in show description. BiggerPockets also offers Agent Finder. A way for you to find a investor friendly real estate agent in your market! Happy Investing!

@jerm6984 8 дней назад

I'm also in CT renting out a room on Airbnb and looking to expand

@angelabridgeman6369 5 месяцев назад

Go Keron! So happy for your success

@KeronBryce 5 месяцев назад

Thank you all very much! Super excited for this episode!

@jillyanmacmorris5176 5 месяцев назад

TONY! Great job on your first solo episode!! This one was just perfect. I have a similar story and strategy, and it was SO encouraging to hear someone on the same wavelength 😅