How to FURNISH an Airbnb
19:33
3 ай бұрын
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@gohardwithjoneil
@gohardwithjoneil Күн бұрын
Lovely presentation.
@mohammedikraambaksh1328
@mohammedikraambaksh1328 Күн бұрын
Iam a host and airbnb has locked my profile due to security reasons how can i unlock my hosting
@Boostly
@Boostly 3 күн бұрын
This video is amazing. Great work
@christine1huynh
@christine1huynh 4 күн бұрын
Oh no, poor Jordan :( someone send the guy a link to BNB tribe 🤣
@xelefonte
@xelefonte 4 күн бұрын
The link is literally in the description.
@jamesfriedkin4598
@jamesfriedkin4598 4 күн бұрын
You are a bit off on your numbers. Isaac did not "make" 7M. He sold it for 7M-big difference. He had a loan against the property of $2.4M. A Broker commission of $550k and $100k of extra closing cost. That comes to $3.05M in selling/closing costs or $3.95M after expenses. He only owned 55% of the project, leaving him $2.172M before taxes. If you say he took $1M of depreciation in the first year and normal depreciation in the second year, he would need to recapture that depreciation upon the sale and pay taxes on any gain. I figure Isaac made about $1.2-1.5M on this project.
@99Isopropyl
@99Isopropyl 7 күн бұрын
Great video. Thank you for posting it. What province are you? I'm in BC and looking into getting a dome on my property.
@f64realestatephotography96
@f64realestatephotography96 8 күн бұрын
Great video but FYI all photographer are trained and re-touching and editing. You do absolutely not need to hire a separate editor to edit the photos. Real estate photographer and Airbnb photographer shoot HDR. This means they shoot 3 to 5 frames and those frames are combined to one frame for shot light room or adobe camera raw or photomatix or some other software. Professional like myself also adjust the images and brighten them and the colors and also paint in the area of the windows, etc. it is not necessary to hire an editor. In fact those editors are also photographers! They also use lens to straighten vertical lines in the shots and the tripod, so yes, please hi photographer the images look so much better that way and they make a place look magical! Step photographer to shoot twilight images they can insert a sunset and show your backyard string lights, etc. it can really look amazing to have some nice shots!
@matto3794
@matto3794 9 күн бұрын
I'm an airbnb host with property in Jamaica. Hurricane Beryl left massive property damage to the yard. Our area is still without electricity and water. Our guests are asking for a refund. Are we covered, what should we do?
@_chanellehalle
@_chanellehalle 11 күн бұрын
this was a great video, new sub 👏🏼🫶🏼
@james.svetec
@james.svetec 10 күн бұрын
Glad you liked it!
@seyedehshourideh-ziabari6851
@seyedehshourideh-ziabari6851 12 күн бұрын
I have a question ; by joining BNB Tribe for $49/month ,can I receive all the training that I need to start my business or I still have to pay $$ for actual training?
@james.svetec
@james.svetec 10 күн бұрын
You'll have all the training you need! :)
@AbdulRahim-cu7y
@AbdulRahim-cu7y 12 күн бұрын
Hey James! Are you looking for a new editor for your team? let me know, I can help.
@karinadelvalle4086
@karinadelvalle4086 13 күн бұрын
I checked the sites in the besty site and none of them have the chatwidget bot integrated is there something wrong with it?
@endiasings
@endiasings 16 күн бұрын
Isn’t there an Airbnb co-host profile app?
@james.svetec
@james.svetec 10 күн бұрын
No, unfortunately not, but if you're looking for help getting co-hosting clients, check out BNB Tribe! bnbmastery.com/bnb-tribe/
@teniellejennette4877
@teniellejennette4877 17 күн бұрын
Hi James, do you know if Hostaway or other platforms similar have insurance coverage similar to Aircover??
@mercyteferi3870
@mercyteferi3870 17 күн бұрын
Are we doing this research after we got the property ready to go or before even considering buying/ renting the property?
@james.svetec
@james.svetec 10 күн бұрын
Beforehand!
@shortstaysuk
@shortstaysuk 18 күн бұрын
Excellent video, Thank you
@james.svetec
@james.svetec 18 күн бұрын
Glad you liked it!
@Boostly
@Boostly 18 күн бұрын
Thank you for the mention!
@james.svetec
@james.svetec 18 күн бұрын
You bet!
@CryptoDave17
@CryptoDave17 18 күн бұрын
Boostly has been a major headache for me. Support is terrible at the moment, but I do agree with the websites looking good. Just started using Besty AI this week. Incredible.
@MarcusJonesRE
@MarcusJonesRE 19 күн бұрын
Love your content but annoyed with your course. Very generic content on there and its just a paid gatekeeping wall to your upsell “cohost mastery” course. Well played 🥲
@tobyjackson1947
@tobyjackson1947 19 күн бұрын
Have you been to Columbus? It has a small vibrant downtown, a huge university with avid alumni, a variety of conventions, a well known art center and several professional teams. Dont judge smaller Midwest cities. They sometimes attract big spending visitors
@JB-tu1ls
@JB-tu1ls 19 күн бұрын
Great info! I have worked with Host clients who purchase these larger properties and also rent out individual rooms in slow season or mid week. This requires more work of course and someone available to lock off unused bedrooms and bathrooms. That said, cleaning costs may still be a bit high, as the kitchen will still need to be cleaned after every guest and they tend to be large kitchens. Most block the individual room calendars during peak travel season and on weekends, only making the whole house available.
@LanceBaydal
@LanceBaydal 24 күн бұрын
Does it work in the Philippines?
@funmiester
@funmiester 25 күн бұрын
I don’t know why James doesn’t have 100x more subs! I recently subscribed & I’ve owned 2 STRs for decades. James is one sharp operator. I just signed up for a free class. If it goes well - I will join Bnbtribe
@james.svetec
@james.svetec 24 күн бұрын
Thanks so much, glad you're getting value and would love to see you in BNB Tribe!
@Boostly
@Boostly 25 күн бұрын
Let’s goooo
@dustinbaker
@dustinbaker 25 күн бұрын
Great video! Exciting to see this technology come to the industry!
@james.svetec
@james.svetec 25 күн бұрын
I haven't been this excited about STR tech in a long time!
@christine1huynh
@christine1huynh 25 күн бұрын
🤖
@Youtuber-yc4uo
@Youtuber-yc4uo 26 күн бұрын
Why do you talk like a Valley Girl??? Just speak normally.
@jeffbush3237
@jeffbush3237 28 күн бұрын
Thanks for the info James. Going to implement these strategies right away. Question. Are PriceLabs price updates considered "updating listing"? Meaning when PriceLabs syncs new pricing daily, would that look, to Airbnb, like my properties were updated?
@james.svetec
@james.svetec 26 күн бұрын
Unfortunately not. I've found that actual manual updates will actually move the needle.
@JT-mr3db
@JT-mr3db Ай бұрын
The bank would have needed a guarantor regardless of the viability of the plan. Daddy probs would have saved the day there also.
@justing307
@justing307 Ай бұрын
This video doesn’t explain a lot of hidden savings that the dad is able to provide to his son. So kinda misleading. Owning a general contractor company is lucrative that I can promise you the son clearly took advantage. It’s not a one person project, it’s a family project. Not hating, just seeing it from a different perspective.
@james.svetec
@james.svetec Ай бұрын
Yeah they saved about 30% on construction costs because obviously they weren’t paying a general contractor (because his Dad took on that role). So that definitely saved them a few hundred thousand (that his Dad ultimately earned back from his equity share in the end).
@safitz7863
@safitz7863 Ай бұрын
If only we all had a dad who could loan us half a mill.
@james.svetec
@james.svetec Ай бұрын
Finding a business partner who has access to credit is pretty doable tbh. His dad didn’t loan him half a mil, he took equity in the deal and provided access to a line of credit
@shivanshpatel2378
@shivanshpatel2378 Ай бұрын
Great video!
@james.svetec
@james.svetec Ай бұрын
Thanks!
@enza6072
@enza6072 Ай бұрын
How he turned 50k into $7 million? by having a rich dad give him half a million 😭
@james.svetec
@james.svetec Ай бұрын
Half a million in DEBT. Very different from half a million lol
@nellam8
@nellam8 Ай бұрын
@@james.svetec DEBT owed to your parents is very different from DEBT
@james.svetec
@james.svetec Ай бұрын
The debt was owed to the bank. His Dad gave him access to a line of credit… from the bank.
@marilyncairns18
@marilyncairns18 Ай бұрын
I believe it is called capitalism...If not to your liking can move. Nothing forcing y'all to stay.
@PaigeOnePictures
@PaigeOnePictures Ай бұрын
There’s not one word in the Constitution establishing capitalism as the primary economic force in America. America was founded on democracy, not capitalism.
@james.svetec
@james.svetec Ай бұрын
Don’t think America is gonna switch anytime soon lol
@marilyncairns18
@marilyncairns18 29 күн бұрын
@@PaigeOnePictures i agree. BUt now we are capitalists. Agree, reform or leave...can you fight this? Prob not..
@chethhankummar4858
@chethhankummar4858 Ай бұрын
Excellent Information 🙏
Ай бұрын
Great video James! Did you come across how he paid for furnishing the cabins?
@james.svetec
@james.svetec Ай бұрын
All funded via the line of credit and construction loan to my knowledge!
@withoutwroeirs
@withoutwroeirs Ай бұрын
Paid $0 in tax after all that gain? What a despicable human being. There is nothing honourable in creating great wealth, not contributing to society whilst expecting to be saved should you falter.
@james.svetec
@james.svetec Ай бұрын
Well he paid $0 tax on the $500,000 in income. He did end up paying tax upon the sale of the property. And if you watch the video, he used a tax DEFERRAL strategy, so he'll need to pay the tax later, just not now. Nothing dishonourable in my book about paying less taxes legally! Also, do you think that paying taxes is the only way to contribute to society?
@withoutwroeirs
@withoutwroeirs Ай бұрын
@@james.svetec One has to question their moral compass when paying $0 in tax after turning $50k into $7m as per your title. The majority of the global working population contributes to society via an adopted agency. Not perfect but it is what we have. Some of the most wealthy in society seek to practice legal tax reduction. Fine. But what kind of person are you? Taylor Swift benefits from a 50% average reduction in property taxes through a scheme you approve while the majority of Americans are choking on increased rates of property tax. And she has the vitriol to sing about hardship. There's no measuring stick long enough to gauge that hypocrisy. By all means reduce your tax legally, but a multimillionaire is still going to be a multimillionaire after 50%.
@james.svetec
@james.svetec Ай бұрын
That's a fair enough point of view (though not necessarily one that I agree with). I'd argue that *most* of those who make significant income actually do so by contributing more value to society. The government also doesn't have a reputation of spending taxpayer money wisely, so legally giving less money to them (using schemes that THEY created) I think is prudent. I'd much rather see someone like Taylor Swift deploy that money to sources other than the government, where it'll make a greater positive impact on society. I also don't think that being successful in life precludes someone from being able to experience or express negative emotions. We're all just human after all :)
@withoutwroeirs
@withoutwroeirs Ай бұрын
​@@james.svetec I hear that one a lot, the wealthy do more for society. I would love to believe that. It seems to me they have convinced their flock well as inequality now reaches obscene levels. Did you know in America alone 1% of households held 32.3% of the country's wealth, while the bottom 50% held 2.6%. How did we get here? Tax avoidance is a key contributor to this statistic. And now, somehow, people defend the ultra rich over government who ultimately provide security, food, energy and infrastructure as the rich build rockets for jollies to low earth orbit. Incidentally, Taylor Swift has taken 160 private jet flights over the past 12 months . Not once for business purposes, just personal use. Fine. But are we fine with an individual who has annual carbon footprint equivalent to 1,800 times the average joe? How does that benefit the greater society as the climate visibly deteriorates around us. I'm not trying to be facetious, more just a despair at the way things are and the unwillingness of individuals to recognise it. Even resist it.
@james.svetec
@james.svetec Ай бұрын
I don’t know that they’d be wealthy if they didn’t provide more value.. the reality is that they gain money by individuals parting with their dollars, which they only do if they view the product or service being provided as being equal or greater value. Income inequality is a whole other topic, and again in an ideal world I agree that there’d be no corruption, but alas, as you said the system we have is the best that we’ve got. I also think the reason many people tend to side with the wealthy over the government is because the exchange of value is generally more fair. I pay a few hundred dollars to Taylor Swift and I get a fun concert. I pay tens of thousands to the government and watch them waste it all away on inefficiency, bureaucracy, and the corruption you’ve pointed out.
@mugishaborisnahabwe3521
@mugishaborisnahabwe3521 Ай бұрын
Your video was very helpful.
@james.svetec
@james.svetec 26 күн бұрын
Glad it was helpful!
@user-pv9uh4nb5z
@user-pv9uh4nb5z Ай бұрын
how to check the ranking of AirBNB keywords according to SEO
@james.svetec
@james.svetec 26 күн бұрын
Airbnb doesn't allow guests to search with keywords. However to check how your property ranks in search, just open an incognito window (using a VPN can also help) and search for your listing on Airbnb!
@Bahar-rahimi
@Bahar-rahimi Ай бұрын
If airbnb is illegal in the country that I live, can I do co-hosting in another country without living there ?
@james.svetec
@james.svetec 26 күн бұрын
Yes, absolutely!
@Bahar-rahimi
@Bahar-rahimi Ай бұрын
If airbnb is illegal in the country that I live, can I do co-hosting in another country without living there ?
@james.svetec
@james.svetec 26 күн бұрын
Yes, absolutely!
@GetBestyAI
@GetBestyAI Ай бұрын
Hey all! Sam here, cofounder of Besty AI. Big thanks to you James for doing my job for me! Reach out to James if you want to get an exclusive discount for signing up.
@james.svetec
@james.svetec 26 күн бұрын
Legend!
@e.b5237
@e.b5237 Ай бұрын
Hi Dude, would love to do a quick call with you and get some tips on how I could maximise. My property is quite busy but I want imrove my pricing a little
@james.svetec
@james.svetec 26 күн бұрын
Have you checked out BNB Tribe? Would be perfect for what you need: bnbmastery.com/bnb-tribe/
@antareschen4451
@antareschen4451 Ай бұрын
Show the reservations or occupancy of the listing.
@patriciabertrand8704
@patriciabertrand8704 Ай бұрын
I'm interested in that video. I have a second listing that is not performing well and am considering adding VRBO along with existing Airbnb.
@myrtleantao5764
@myrtleantao5764 Ай бұрын
Thanks for sharing
@james.svetec
@james.svetec Ай бұрын
Thanks for watching!
@gabriellecimon
@gabriellecimon Ай бұрын
@LocalBooking
@LocalBooking Ай бұрын
Could you make a video how the iCal works - connecting Hostaway to property managers reservation systems
@georgeputnam2
@georgeputnam2 Ай бұрын
Thanks! I’m a new host, and it’s shocking to see what guests have to pay over my rate.
@james.svetec
@james.svetec Ай бұрын
Yeah Airbnb takes a big markup!
@funmiester
@funmiester Ай бұрын
I watch lots of videos about STRs and my wonderful wife & I bought our first (of 2) STR 22 years ago. James knows this craft very well!
@james.svetec
@james.svetec Ай бұрын
Thank you! :)