I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house I rented on Airbnb already , earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this....
Glad I came across this comment section. I was struggling to decide what to do with a good amount of money in the bank doing nothing. I would be happy if you could advise me, as I am ready to go the passive income path.
@@eadad4371 Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (REGINA LOUISE COLLARO) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself.
@@skoopqueen. That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@@eadad4371 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
@@skoopqueen. I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
So would you say emailing the property is better than calling them directly ? Cause I want to start with apartments and condos, but most of them don’t accept airbnbs. I was told houses from landlords are easier to get your airbnb from.
good ideas , i wish you actually did a screen recording and show ppl how you go about it . illustrations go a long way..as far as the search criteria etc..
Interesting. My wife is also from BR. São Paulo actually. I didn’t know air bnb was a thing there. Lol. I will note that for our next trip. We’ve always wanted to have an apt there for when we travel there
I’m having a lot of trouble finding landlords willing to even discuss the possibility of airbnb arbitrage. The moment I mention what I want to do they start saying no. I’ve also tried reaching out to realtors who deal with property owners who have their houses listed to rent with them and the moment I tell the realtor what im looking to do they shut me down. I’ve heard everything from “that’s not going to work here” to “I’m not willing to help you look for these properties with that intent” I’m incredibly frustrated any advice for me?
@@AirbnbRentalEmpire actually, since posting this I’ve downloaded your guide and sent out a ton of pitch letters using your guide lines and it paid off!!! We’re opening our first door in Columbus Georgia on May 15 and I owe it all to you, thank you so much. It really is a numbers game. I sent out maybe 150 pitch letters to properties on Zillow and got back maybe 5 responses that said they were open to the idea. A ton of them were just automated messages from management companies and many were just hard no’s but in the end I was able to find my first one and there’s room to grow with this complex and the 2 others they’re opening this year in Columbus. So once again, thank you for helping me, you’ve got a follower for life!!
@@AirbnbRentalEmpire Yeah I got family down there. I want to stay longer than my normal 2 weeks. But to do that I gotta figure out corporate housing arbitrage. Can't find much info on it though. Only high level stuff.
How do you deal with getting the permits for the houses you rent? I’m also in socal and find it challenging to pitch the home owner without knowing if I can get the permit for the house.
You simplyhave to trust that you will get it assuming you know your regulations. Are you doing a profit split or something is that why the owners care about the permit part?
No profit split. Just want to make sure city allows it after we sign a contract with the owner to make sure we don’t get stuck. This is my first time so I’m not even sure how long it takes to get the permit in Oxnard, ca. What cities do you do this in if you don’t mind me asking?
Great video!! Have you shared your email template yet? I've secured 3 properties!! Just trying to get more outside of my area. LOOOVE that you went to Brazil to enjoy and challenge yourself! I lived in Chile for 6 months, I'm going to do the same!
Same a lot of what you say feels authentic, but I do you want to question you said 15 properties and 200 K a month if I’m right that’s obviously gross, but that would be full occupancy of $444 a day only cigarette paper calculations
@@simonsaas20 Yes, that's correct it's gross and some months it's much higher than that and sometimes lower as well but that's about the average. Many of my properties avg higher than $444/night. I don't operate at full occupancy.
🔥 Best of luck on your Journey Stephen ! How was it? Would you mind share your experience? P.S. If you have any other questions about starting & growing your Airbnb business lmk.
how are the profit margins? and how much you net? and is it tax write off considering it's Real Estate I'm in the learning phase and would love to get your insight
👋 Great question Tocin. I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any other questions about starting & growing your Airbnb business lmk.
So if rent plus expenses are 2,000 a month you generally make 1,000 profit total 3,000 if going by the 47% profit margin you mentioned? This margin is considered a good number to go by when deciding on an Airbnb investment? @@AirbnbRentalEmpire
@@RockstarATVrentals Are you speaking about a deal you already operate? Those #'s do seem decent, yes 👌. Keep in mind just that a big older SFR will have more expenses than a newly built 2BR condo. More maintenance, utilities, etc
I don't have an exact # because my VA sends a fair amount of cold emails and I haven't checked the response rate exactly bc I only jump in when they respond. Best use of my time I find. As long as we are making outreach, there are enough potential deals coming at all times.
I’m having a lot of trouble finding landlords willing to even discuss the possibility of airbnb arbitrage. The moment I mention what I want to do they start saying no. I’ve also tried reaching out to realtors who deal with property owners who have their houses listed to rent with them and the moment I tell the realtor what im looking to do they shut me down. I’ve heard everything from “that’s not going to work here” to “I’m not willing to help you look for these properties with that intent” I’m incredibly frustrated any advice for me?
Old fashioned style. Look up similar listings, check the calendar for how many days are blocked and start estimating occupancy that way :) That's how I used to do it and it worked great and still does. Rabbu and others by the way are not very accurate when I have checked them on my own properties ;)
Love your content! This is something I have been wanting to do for quite sometime but I just never jumped the gun. Do you have an email that I can personally reach out to you with? There is something I would like to discuss with you. I am also going to brazil in the end of the year (I also have a brazilian wife haha)
