Landlords WILL Say Yes to Airbnb Arbitrage if you say this. 

Great advice!

Is there a video or piece of literature that you can recommend?

@@missperry12345 The video you're on? lol

@@WholeArmourMinistries haha

Every sale ever lol

#3 needs editing

Hi Carmel!

You want to avoid property management companies. They make a percentage off the rent so the more they charge the more they make. You want to find landlords go don't use management companies

​@@deadcell1I found a landlord willing to rent me his whole home for a set rent. I initially pitched to him that I intend to rent out the home to other renters. I havent told him it would be for the sole purpose of a short term rental such as airbnb. How do you suggest I go about it?

@mrsleepremedy1279 if you’re trying to learn sales to pitch landlords you’re on the right track. This RU-vid channel is where you’ll find your answers

Did you ever get help with this ?

I'm just beginning studying the subject matter myself however I found that airDNA shows you where The other airbnb's are And if they're located in an apartment Complex that would be a place to start.

I downloaded the apartment app and blasted an email to maybe 10 apartment complexes. 2 actually sent over a corporate lease application

10 Doors for me Vince! I just got started. How's it going?

Vincent are you buying or leasing furniture?

@@thejohnsimienproject7329 you should buy sir

@@currently9143 why

How’s it going

Lets gooooooo

I have so many questions! Could you guide me?

Thanks!

He clearly can't answer your questions bcs he's just another youtube "guru" that really doesn't do this business and just sells teaching packaging to make side money for his gay partner

In cracking superhost

Thanks Aries!

If you put it in the apt... it's yours!

There is nothing wrong with being ambitious

You don’t. (My approach now is to win the realtor over) Schedule a call with my team using my link Linktr.ee/rakidzich

Did u ever find an apartment .. how is it going

man that sucks. But it's money spent on yourself, hopefully still a net positive. which course?

With 100 properties we get both types of guests.

When talking to apartment complex’s , what manager do I have to set the meeting with.

Hey, let’s connect. I manage a unit here in Orlando .

@@sydonnemyers3383 hey I stay in Orlando and am trying to get in the Airbnb

@@sydonnemyers3383 hey i just move to Florida i would like to start my own Airbnb manage how is your business in Orlando doing

yep its a sale!

It’s more like $6k as opposed to $5k a couple years ago

And you don't make this 5k back for over a year on that property dur

What do you have in mind, as I too am looking for a partner ..depending

Can i be your patner🤗?

@@blackpanther-no9zi got some ideas?

@@OneEyedRascal wait for yours first

@@blackpanther-no9zi hey I’m already have a property in play if your looking to partner on a next joint venture I’m ready

As a renter, you’ll use renters insurance

And airbnb will cover your reservations liability

@@AirbnbAutomated but this is wrong. renters insurance will not cover anything if the house is used as a short term rental. this is fraud. you can't tell people this. if this is what you are telling people than you are running an illegal enterprise.

@hellodog Hey I live in Los Angeles as well, I run a short term rental business in LA but it's monthly, i manage 5 properties. Here is the deal, what a lot of STR (short term rental) operators are not telling you..... A. 80% of America no longer allows STRs, there are only about 5-8 cities left that allows STRs and it's possible it may change any time and wreck your business. The cities that do (do your research) are highly competitive although you can still make some money (nothing like you could 8 years ago). B. STR are in demand only if you have a good relationship with a building owner or if you know outside investors. Start networking with real estate investors that want to invest and hire you as an STR operator. In LA the demand to live here is so high many building owners frankly don't see a need for you unless you offer them premium's (yearly operating fee's to use their property) which entices them but it eats into your profit margins. C. Most nicer units don't need you, they have enough demand already. Your demand a lot of times will be run down building owners that NEED tenants and need them NOW. I live in LA and EVERYONE wants to live here! building owners frankly don't need you but the slum lords do! So most likely your first unit won't be in the best area. D. STRs are no longer allowed in LA, only monthly bookings (30 day minimum) are allowed which decreases your profit by about 150%! Yes that much, your average take home on monthly rentals are between $200-$700 per property after internet, gas, water, etc etc etc E. I've had building owners want to cancel their lease after the 1st year signing, why? EGO, they start to see that you're making money off their properties (sometimes more than what they margins are after the mortgage payments) so they start charging higher rent or they just want you out. ALWAYS sign a minimum 3 year lease! This way they can't do shit if it becomes a dick swinging contest and this protects you from paying back you furniture costs, liabilities, etc etc F. Personally I think a better investment is pooling a down payment with friends and family and buy a single bedroom or multi unit building and set up and STR that way, this way you OWN the property for life and the property appreciates and you don't have to worry about insecure or unpredictable landlords. Not owning the property and be a big draw back, you can have a beautifully well operated business that can only go so far because you're working with a scum bag building owner.

mid term rentals ig

@@Niko132 Solid info. Thanks man. Since LA is a PITA, have you looked at secondary markets outside of cities? You mentioned 5-8 cities left so not sure if you're referring to major cities or small cities. So yes LA county might be a headache but what about the cities just outside? Good luck and continued success

@@currently9143 Mid term is allowed in LA if non-primary?

@@cyrusjulian187 yes, only short term is not allowed. search up the ordinance law thing

Classes.milliondollarrenter.com

Yes. You're running a business.

Thank you for the reply

You always want to be incorporated no matter what kind of business you do because of the liability protection

Unless the bylaws were not properly ratified

And where do we find that information?

The minutes for the meeting when they voted

I’m a time traveler

Absolutely is. It’s the same dynamics

You could say dude. You should say dude

🎯Totally agree with this Paul

Airdna

I believe AirBnb shares that info with you via zip code. Jessica mentioned Airdna, which is very helpful.

Make sure the regular long term rental rates are enough to at least break even. Not ideal but at least it covers your butt

There’s a book for this. “The art of the sale”

And thanks for sticking around

Are your in my Facebook group yet? “The hosts of airbnb automated” Alberto there can get you onboarded

You’re not too young. Don’t mentally try to disqualify yourself before you even get started.

That’s not really a contradiction. You can negotiate a very small deposit.

Then he better get ready to work for once in his life

I am , you ?

@@glaxayregions9215 I’m thinking about Houston

@@glaxayregions9215 if youre doing apartments do you mind sharing the name?

Guru is a great teacher, who can relate to anyone in the matter where they are at in life.

I am in jail. Thanks for visiting

You can interpret it as unprofessional. The truth is that in this world (RU-vid / guru culture) there are a LOT of bad actors. if you continue to watch how to videos here, either airbnb or real estate you’ll notice it. Everyone is angling st something. So yes, I am actively disparaging other sources, as a protector, not from a place of ego.

no they won't. so an llc avoids the credit issue

I am running into a problem with this. I have an LLC and I always pitch that I am looking for a corporate leases in my LLC name but apartment complexes continue to request my SSN to run a credit check.

@@stephaniejames1718 they are basically asking for a "personal guarantor" on the lease, which you do not want anyway...So you would say "no" to that....

@@RussellD11 Thanks for the feedback! What might be some reassuring tips to offer them in lieu of providing a personal guarantor?

@@stephaniejames1718 as a general business practice "you dont".... Like I worked for a car dealer and when I got new parts accounts set up, they always wanted a "personal guaranty" and mind you this was a 30 year corporation I was in.. And I said NO, we do not do that... They said OK... lol... Its like co-signing for your kids car, the more people you can put on the hook, the less risk they feel ... But that defeats the whole purpose of an LLC correct? Sean, talked about "aging you LLC" in a previous video, which does have some good points... The older your LLC is, the better... Thus he advised getting your LLC WAY before you where ready to start... Over 1 year is optimal.... Good luck!