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

Рет қаралды 7,951

Күн бұрын

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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Airbnb Rental Arbitrage: How to Make Money Without Owning Property:
www.biggerpockets.com/blog/ai...
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Building a 150-Unit “Lease Arbitrage” Empire and the STR Furnishing Playbook:
www.biggerpockets.com/blog/re...
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Tools to Analyze Short-Term Rentals:
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AirDNA: www.airdna.co/biggerpockets
Rabbu: rabbu.com
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Connect with Bryce:
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Facebook: / keron.bryce
Instagram: @keronbrycerei or / keronbrycerei
Website: www.keyscaperentals.com/
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Tony: www.biggerpockets.com/users/t...
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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/Rookie
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!

Пікірлер: 17

@jillyanmacmorris5176 3 ай бұрын

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 😅

@bjwxh9847 3 ай бұрын

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 3 ай бұрын

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 3 ай бұрын

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

@hardattackdj 3 ай бұрын

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

@biggerpocketsproducer 3 ай бұрын

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!

@Crayon_992T 3 ай бұрын

Making me wanna try this on my Torrington ct properties 😄😄

@yalexiaquiroz9139 2 ай бұрын

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 2 ай бұрын

Stop paying taxes, buy cheeseburgers

@KeronBryce 3 ай бұрын

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

@misunderstoodkj 3 ай бұрын

Yay Keron!

@Ulk672 2 ай бұрын

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!