People Are Becoming Millionaires on Airbnb Without Owning a Single Property - Here's How

People all over the world are becoming successful Airbnb hosts without owning a single property - this is through a business model called Airbnb Arbitrage.
➢ CLICK HERE to stay up-to-date: https://cutt.ly/HtU4ErO
➢ Check out the tools I use for my Turo Business (updated weekly): https://cutt.ly/VrxDigm

Airbnb has really taken off over the last decade and it has proven to be a great way for property owners to make more money leasing out their properties through short term rentals on Airbnb rather than a traditional long term tenant rental.

But, how does Airbnb Arbitrage work and how can you get involved?

Airbnb Arbitrage is when you lease a property - like a house, apartment or condo - and while leasing it through a traditional tenant lease, you are simultaneously subleasing it out to short term tenants on platforms like Airbnb. With this business, you would lease a unit, furnish it and then list that same property on Airbnb.

The first thing to understand is that Airbnb Arbitrage does not work in every city - when deciding if Airbnb Arbitrage is the right business for you, you need to first figure out if your city can sustain it. To do this, you need to figure out what the average rental price is for a 1, 2 or 3 bedroom apartment in your area. Next, you need to see what that same type of apartment is renting out on Airbnb for. Once you know the average cost of a traditional lease, and you know the average cost of a short term rental - you can now know if your city supports this business model. If the average cost of a short term rental is MORE than the cost of a traditional lease, then this could be a good business for you.

Next, you need to find a property - make sure when searching for a property that you find one that allows for subleasing, specifically short term subleasing. When going about this business, you want to make sure that you ask permission from the landlord or property owner.

Once you find a property, it really is as easy as ensuring that short term leasing is allowed, signing the lease, furnishing the unit and then listing it on Airbnb!

But, when does this business model make sense and is this something I personally recommend?

Airbnb, in general, is a great way for property owners to maximize their profits while adding equity into their properties. My issue with Airbnb arbitrage is that though you have a property on Airbnb, you don’t own it and you aren’t building equity or growing any sort of investment portfolio. As a long-term business play, I do not think that Airbnb Arbitrage is a great option, but as a short term play to help you get to where you want to go (ie: real estate investing, owning property...etc) then yes, I think it could be a great option!

I hope that you enjoyed this video and it taught you about Airbnb and the business of Airbnb Arbitrage. See you in the next video!

➢ Music Found Here: https://www.bensound.com/

#Airbnb #RealEstateInvesting #RentalArbitrage

I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them – Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.

Видео People Are Becoming Millionaires on Airbnb Without Owning a Single Property - Here's How канала Aubrey Janik