Airbnb Millionaire Explains What is Airbnb & how to airbnb owning no property

[@rebekahbertram30]

okay!!!! your advice is literally putting food in my 4 teenagers' mouths!!!! Thank you for giving us your knowledge. I pray you are more successful because your giving so much

[@AirbnbAutomated]

That’s great to hear! Happy to help

[@ernestocarrillo7]

@@AirbnbAutomated Your awesome brother 👊

[@TheKeafun]

I'm about to start my first 2 airbnb and ready to get a few this next 2 months! I watched your videos years ago and very excited to see them again Sean! I'm very excited to make it the best AIR BNB in Calgary Alberta, Canada. Goal is to have 10 running this year for 2022. Very very excited and going to put in alot of effort. Thank you for producing this content! Very motivating and I cannot hardly wait to share my success story with you!

[@ernestocarrillo7]

Congratulations Blackline 👍 I was wondering what type of expenses are involved? Completely newbie here thank you.

[@Goodspiri]

They have lots of problems that you don’t know until you get into the business. The guests will destroy your house eventually. Airbnb can’t pay for the damages. They are the middle guy, who gets paid by commission. That is my experience with Airbnb.

[@ashrafaziz3897]

@@Goodspiri I just started my Airbnb venture. Reading about this demotivated me. Are you still in the business?

[@Goodspiri]

@@ashrafaziz3897, it's not worth it for me to use Airbnb platform. Their employees have no experience

[@Goodspiri]

@@ashrafaziz3897, the bottom line is Airbnb don't care about your house

[@genasutton2130]

I just re opened my Airbnb this January due to no eviction during COVID. I’m booked 2 months in advance due to hotel prices raising . Best platform I’ve worked with .

[@victorledezma6652]

I legitimately have no idea how you can share so much information to help us small dudes make it in this industry and not push a program on newbies. You are the freaking man!!

[@AirbnbAutomated]

Lol, thanks! Maybe my long game is to get you all to make $1 million a year each and then charge you guys like $300,000 for a seminar or something crazy. But only after you’re all millionaires.

[@HoanZone]

As a landlord I 100% agree that I don’t want that work. I wouldn’t fight my tenant/cohost to Airbnb it myself. I would celebrate that they’re successful. Good video!

[@Goodspiri]

Airbnb doesn’t care about your house. They are just the middle guy. They don’t pay you if the guest damaged your house. They never see your house or the damages. When you complaint, the safety department will punish you for it or make you go away. They think the house owners are rich and can take the lost. That’s my experience with Airbnb for 5 years.

[@AnselTroy]

takes notes everyone. scammers have been taking Sean's content and reselling it. Dont buy those courses. Sean is the man!

[@barts2717]

Loving it Sean! Pushing boundaries all the time.

[@80kaco]

2.9 in revenue last year(including cleaning) I appreciate your insights and it was a significant part of my growth. Never sit back and admire your work. Compounding interest is a game changer . Profits go into real estate . arbitrage is the "backbone" of the business currently but eventually it'll flip to thinner margin and much much more freedom. The goal for money is always been freedom. Don't lose sight and work till you die

[@victorledezma6652]

$2.90? Bro I can’t even buy a subway footlong with that :/ best of luck to you brother

[@AirbnbAutomated]

Lol. He meant 2.9 million

[@victorledezma6652]

@@AirbnbAutomated now we’re talkin!! 😮‍💨👌

[@ToddModule]

@@AirbnbAutomated Too Funny!!!🤣

[@REMRODFILMS]

needed to see this!! getting mine soon!

[@lisainnewarknj8313]

Real Estate to Hospitality. Well said. I get it. Thank you for leading friend. Continued success.

[@yeseniasplace]

Love watching you. You are so engaging. And yes so much value

[@chrisdforeman]

Great video! Just got better and better. Glad I got to be the 1000th like!

[@kataclysmic4350]

Just when things are about to get interesting... 💥 Bam! Your killing me with the origin story Sean! 😅 We know, we know, rags to riches! Love it. Great job snagging Austin apartments! Hope they are luxury, so it leaves some room for the locals in this cramped housing shortage.

[@AirbnbAutomated]

they are not luxury. But this is the type of deal that gets the developer to build their next building.

[@aide2nurse]

Kat, I think that is a great idea leasing the higher valued luxury units out in the locals with housing shortages. Brilliant idea

[@cd5139]

I am so excited about getting started. I'm watching all the videos and saving up capital right now.

[@catalinalee1]

I was an airbnb host in the past, and that's true, there's a lot work involved in this kind of business. Some guests destroy your furniture, specially beds etc, etc.

[@joshuabradford8206]

You're taking into account equity from a single year. If you look at the numbers buying the houses and holding them longer and doing good with Airbnb would net a bigger amount of cash gain due to long-term appreciation. Then when you make enough to buy higher-value properties to list on Airbnb 4 5-unit houses etc then you sell the property that has appreciated to buy more high value houses.

[@peggylynn84]

Another Awesome video Thanks Much Love ❤❤❤ WOW

[@renewingyouryouthmr.mrs.fi547]

When dealing with an apartment to do Cooperate short term leasing, would the apartment property manager have to sign a city permit to cooperate lease with you?

[@jjohnson8977]

We encountered one of these POS rerenters ie rent a prop long term then sublet. The POS forgot to tell owners they were going to sublet

[@AirbnbAutomated]

that's why I said in this video "picking up leases is a sale" You need to get permission and that requires the ability to present your business to the landlord.

[@jjohnson8977]

I had a friend that worked for a airbnb agency. She was on call for homes said it was worst job she had. Horror stories about tenants. GO FIGURE

[@jonyou1377]

I'm a victim of just one of those stories. Guests wrecked our home, left all windows down in the middle of winter. All of our pipes froze, causing our following guests to have to cancel. @airbnb did absolutely nothing to back us up. Canceling our home permanently was the best thing we did.

[@GELATINOUSORBZ]

Hello. Is there a quality sofa bed you were recommend?

[@jakelyneconcepcion7211]

Hey Sean! I asked this as well in another video just wanted to make sure you saw it. Maybe you can do a video on this topic if you haven’t already. How did you go about finding the right sales man or sales woman to acquire you more and more doors? What was your strategy and process? How are you getting several doors at the same time? Thx for all you do Sean!!

[@AirbnbAutomated]

That video is way too high level for a KZbin video. (Hiring a sales guy) that would only benefit my very direct competitors.

[@AirbnbAutomated]

But I can say the reason why it’s easier for me to get doors is because I’m asking for 10+ at once. That alone makes the process easier

[@jakelyneconcepcion7211]

Thank you Sean! I’m gonna setup a phone call for us in about a week or so. Just need to get a bit more prepared for it. Talk to you soon.

[@DanielleNicolBabes]

Hi did you say stayfi, for direct booking site?

[@patribee5457]

Sean thx for everything. My ( Lancaster pa ) zoning shut me down. We did so well & are devastated. So glad I tried it & your videos were awesome to challenge us to do this. Wish I could work with y’all!

[@AirbnbAutomated]

I’m sorry about the zoning… what is the minimum number of days for a stay to no longer be considered “short term?

[@chuck6499]

Hey Sean I find your channel and love it one of the best channel for air bnb. I hear you say you have a free airbnb course. Where can I find that?

[@lisainnewarknj8313]

I have an exciting concept to share. Put info on the walls if the community is a transit community, perhaps maps. Put info on the wall if the area is interesting and has a history.

[@geoffl]

you can arbitrage 4 houses to every 1 you buy but the operations on 4 houses will be tough..thats a full time job I bought a house because I have another job. I don't have the time

[@AirbnbAutomated]

the operations for 1 is tough. Adding more is only slightly more work per door.

[@jasongilead5868]

"Really smart people, but their IQ go down when they travel" SR. I thought I was the only one who recognized this...smile. Great content as usual.

[@renewingyouryouthmr.mrs.fi547]

Anybody know if when doing cooperate leasing, Short Term Leasing, does the apartment owner have to go to the city hall to get a permit for me to be an Air BnB host for their property? This is the first apartment I am about to approach for rental arbitrage/cooperate short term leasing?

[@lisainnewarknj8313]

Will show it once it is done. Lisa.

[@CaliburMan]

Is it possible to write off rent as a business expense?

[@AirbnbAutomated]

100% as an airbnb

[@CaliburMan]

@@AirbnbAutomated Along with all the furniture and other write offs, if you can do that with rent, I would imagine you hardly pay much in taxes then? At least up until a certain number of doors.

[@pattyschultz702]

I just joined but I see no direction on how to navigate the course, I don't even see a course. Please help

[@AirbnbAutomated]

The course on here is a playlist. (That is free) The membership has members only videos from private coachings

[@joshnordwick7533]

I’m not sure how to reach out directly to you. Can I get access to the free course? Thanks

[@pattyschultz702]

Sean, where is the course? can you please advise how to access your paid course

[@AirbnbAutomated]

The free course is a playlist here. The paid course is available through classes.milliondollarrenter.com

[@yorlenyshan6833]

Sorry where is the free course again?

[@AirbnbAutomated]

It’s a playlist on this channel

[@onetwo4932]

I just turned 18 and going to try and get a short term rental any recommendations?

[@codyschlenker6821]

Buying our own housing though gives you protection from inflation, which is a huge and necessary plus.

[@PhuketPhuket]

I'd like to share your video's on my new FB group is that possible?

[@annadasilva6342]

Every day I read of another city banning or making it newly impossible to comply with regulations. How do you deal with that lease/landlord?

[@AirbnbAutomated]

There are very few cities if you look at it that have truly unworkable regulations.

[@onetwo4932]

14:45 that’s really good advice

[@thythanhnguyen4973]

Hi Sean, I bought a single family home with furnishing at Orange Orlando FL, I want to turn my house to STR, can you help me please?

[@delsajoseph]

I love this man.

[@KA-rt2vh]

How much you pay for property to be found?

[@AirbnbAutomated]

I don’t pay a commission to my sales guy on doors. The focus is on quality deals. Patience and commission don’t mix

[@jesusrunsblind.7071]

Can you make a video on how you got into the market here in Austin? I’ve been trying to pick up another property but it’s hard.

[@martytro]

You’re forgetting the huge tax benefits of buying the property, you get to depreciate the cost of purchasing while it’s appreciating in value, that is a huge benefit over you’re arbitrage method… plus you’re hedging against inflation with it. I think it’s. Great idea, but only doing one thing is always significantly more risky.

[@AirbnbAutomated]

You’re missing the tax benefits of 100% of your startup costs being FF&E with arbitrage.

[@dharmasounds250]

Which departments are crucial in starting an airbnb business and do you know everything there is to know about each department? Also do you feel it it OK to know just enough to recognize when something is wrong?

[@jeromeheumann]

In many countries it is not possible because landlors do not accept subletting

[@jjohnson8977]

Would really like to have this guy try to talk me into dropping my no sublet clause. Here's how it would go. I'm planning on rerenting your prop on airbnb. Me no your not. Or me oh OK that's good but your going to pay me 50% of your gross not net to do it. How's that sound? Fair?

[@AirbnbAutomated]

Thanks J. but I'm going to go with the landlord that is renting me 25% of their apartment building on a 3 year lease with three months free rent up front. That deal is just more mutual. I'll keep your offer in mind in case anything changes.

[@CaliburMan]

Guess J lost out :(

[@jules-Johnson]

THX! DUDE! Your pretty COOL!

[@ryanhightower6225]

outstanding...

[@ElijahVillanueva-cf5tz]

AirBnB is the misunderstood most opportunity

[@americanpaintprocom]

Thanks you…..God Bless….

[@Neilly671]

Sean pumping out those videos!

[@AirbnbAutomated]

grinding!

[@brandonrowe4807]

Ty

[@pg618]

Having used airbnb for about 7 years I can tell you it is definitely declining and has lower standard and quality control and feedback when you complain about something. You should be able to take pictures of the places that you'll see and post them and show that a lot of these things presenting are phony. I have a hard time trusting airbnb's presentations.

[@AnselTroy]

only rent from superhost with high scores

[@pg618]

@@AnselTroy I did use only superhost and only one place out of 7 was as presented in the pictures

[@AnselTroy]

@@pg618 damn. That's horrible. I didn't think it was that bad.

[@jjohnson8977]

Haha out perform market utilizing that square footage. I've been in realestate 40 years. This guy's going to get going rate for area no more no less just like everyone else

[@AirbnbAutomated]

lol. I got $10,000 a month for a property that rented for $2400 in houston for two years straight. The building either grossly underpriced their property OR I out performed.

[@lareecooper2599]

I allow same day booking and pets in my cottage. Someone wanted same day for 5 days with 3 adults 1 child 2 dogs and 2 cats. I declined because of the number of pets. Was there a better way to handle it? Airbnb doesn't have a way to charge more for more than 1 pet. My cleaning fee is $150.

[@halal474]

Stop allowing pets

[@69digs59]

It's all well and good. However, in Australia there is an issue with Africans who hire out these locations and trash them. This causes MAJOR issues and damages in the tens of thousands. This seems to be a global issue to the point where many hosts refused to rent out to those whose colour resembles a tuurd. In response, Airbnb has now implemented a policy where profiling your client is no longer allowed. This is a bummer and puts the property and assets at great risk. What can you advise about this?

[@deanhanson8789]

You’re a savage for this title haha

[@BALDJIMI]

thats a greenscreen lol

[@AirbnbAutomated]

When I walk in front of myself? Lol absolutely, I can’t multiply (yet)

[@LilyandMe.]

The information about running an Airbnb is good. But the prejudice against real estate agents is way off. He obviously does not understand that there are many kinds of real estate agents who specialize… Some in short term rentals. He keeps portraying real estate professionals as if they are too stupid or lazy to have a business like this. However, he is thinking only of real estate agents who want to buy and sell. Many are specialist in short term rentals, commercial, real estate, and other niche markets, where they may not actually advertise their real estate license. I’ve noticed that he tends to put down some industries that he doesn’t really understand. I still enjoy the information that I am here for, but it is definitely some thing I take note of so as not to trust everything I hear.

[@AirbnbAutomated]

I am hearing in your tone that you’d like a more fair representation of those who come from real estate into short term rentals. I do not want to ignore this request. It’s true some real estate professionals have adapted. But only some. And these are the enterprising few. I am standing by the data on this. The vast majority of “real estate first” investors who’ve entered into STR are grossly incompetent. That is also why they hire cohosts. The real estate professionals who specialize in STR That you speak of. These often become cohosts.

[@jjohnson8977]

Let me teach this boy a lesson. Let's see my props that are "realestate adjacent" as he says doubled to tripled in price over last 5 years plus receiving rents. Ha ha "realestate adjacent" halarious🤣🤣🤣

[@juanitasummers8869]

I like ur idea .very supportive but ur subleasing the place. Thats against the law

[@AirbnbAutomated]

It’s not against the law in the USA and many other countries

[@paulphipps9881]

It all sounds so great 15,000 a month wonderful but the reality is 15,000 a month you've got to be joking Sean tell the truth don't sugarcoat a load of bollocks

[@jjohnson8977]

Wait a minute this guy is renting from owners long term then turning prop to short term. One small problem got to get landlord to agree to remove clause of NO SUBLETTING. If it's so easy why wouldn't owner just airbnb the prop?

[@AirbnbAutomated]

You didn't watch the video. I tell you exactly why they won't do it themselves

[@jaydillard7258]

It's not easy..Airbnb is very saturated....the guy in the video has multiple properties .. he doesn't have to charge extremely high cause his multiple properties are working together....so there fore everyone who is starting can only get lower rates because the market is so saturated ...effectively the guy In the video can price you out if he wanted...the only way the Airbnb works is if you in a GREAT area...

[@AirbnbAutomated]

I absolutely can price people out. The key here is to have in-house cleaning staff that’s probably the biggest factor in price competitiveness. But people with one or two properties can do their own housekeeping which makes their position easier. It’s the medium sized hosts that have the hardest time

[@emilycroot6306]

Dude, watched 8 vids now, air b and b bad, air b and b good, dont air b and b at all and rent per hour for i guess porn, soooooo many mixed signals, too much click bait. glad your doing well with it, but its not fun to follow. just be straight and give usable advise.

[@AirbnbAutomated]

Each video has advice. If you’re looking to decide whether to airbnb weigh the bad and the good and make your decision. If you’re operating an airbnb use the channel as a recourse for specific topics. Such as pricing strategy, photography, messaging guests, etc.

[@emilycroot6306]

@@AirbnbAutomated all the air b and b youtubers are saying the same thing , some quality, some not, but your message in the last, 10 vids is not clear, maybe a simple rules no BS vid to what it really takes would help, my ABAB is working fine, but im lookng for great advise to combat the new algorithum, not the guess work im seeing from EVERYONE on youtube at the mo. up to the challenge ?

[@AirbnbAutomated]

There isn’t a new algorithm. If your listing performance has recently had difficulty it’s not an algo change.

[@AirbnbAutomated]

You should watch my playlist on pricing strategy. And watch my most recent video on airbnb ranking and SEO

[@roseofsharon7551]

So disappointed in AirBnB canceling Michelle Malkin - a woman of color that doesn’t hold far left views. Guess we need a different platform now!

[@jjohnson8977]

This is halarious this dude is skipping over 500 steps telling us. Buy one house old way make $100k. Do it his way getting landlords to drop sublet clause. Then start renting 4 houses instead and make $420k haha. He forgot all 500 steps in between first of all airbnb charges fees then you have maids, then you have mantanience, then 12 am calls when your next tenant can't unlock door. And periods when home is not occupied, and insurance. You better have umbrella insurance if you can get covered? Subletting props you don't own? Fire and casualty on props you don't own? Forget it. Need I go on? This guy could be sued personally for every last dollar he has that is a fact

[@AirbnbAutomated]

I think you missed the part of this video where I said this KZbin channel has a free course. (covers those 500 steps) here's that course kzbin.info/aero/PLjdl1yk0inrXjwauiVX5fW5cWRHJCnjt3

[@aide2nurse]

Hi, it’s Quinn I think these commenters have just found your information they are very new and have yet to listen thru an entire video or two. I too am new as I’m watching passively since thanksgiving and then booked a call to which I spoke with a great guy on your team but I elected to continue absorbing the material online before purchasing the 4K course. I need that money to get into and FFE my first space. Besides your video presentation is captivating.

[@Kandicakes]

❤️🤑❤️👍❤️🤑❤️

[@MP-cv6eg]

BS