Don’t Start an Airbnb Arbitrage business before watching this

  Рет қаралды 151,282

Sean Rakidzich

Sean Rakidzich

Күн бұрын

Before you can get started renting to airbnb, you need a legal document ready and a landlords permission. I go over some of the finer points of negotiating a lease with a landlord and what goes into a lease addendum for airbnb arbitrage in this video.
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Пікірлер: 325
@berryshaianne
@berryshaianne 4 ай бұрын
I live in central FL near all the attractions so I think this will work well for me! I have my notebook taking notes on every video I watch thank you !
@twotwosevenmafia
@twotwosevenmafia 2 ай бұрын
how’re things going?
@Hannahbenowitz
@Hannahbenowitz 4 ай бұрын
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
@JosephineKenney
@JosephineKenney 4 ай бұрын
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
@PennyBergeron-os4ch
@PennyBergeron-os4ch 4 ай бұрын
In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
@HildaBennet
@HildaBennet 4 ай бұрын
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@PennyBergeron-os4ch
@PennyBergeron-os4ch 4 ай бұрын
My CFA ’Sonya lee Mitchell’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@HildaBennet
@HildaBennet 4 ай бұрын
On her page, she appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@4larenz6
@4larenz6 Жыл бұрын
How would you approach this with an apartment that’s under a company and usually doesn’t have a landlord on site
@moniquestevenson3664
@moniquestevenson3664 Жыл бұрын
Sean.... there is no link for cracking superhost. Not on your website either. Can't find.
@AirbnbAutomated
@AirbnbAutomated Жыл бұрын
Classes.milliondollarrenter.com
@moniquestevenson3664
@moniquestevenson3664 Жыл бұрын
@@AirbnbAutomated That sends me to Airbnb MBA 2.0. Is that what you mean? I even logged out and viewed all classes and that class is not on there. Just fyi.
@isaiahluetjen
@isaiahluetjen Жыл бұрын
I started gettin into arbitrage last year, on my third unit, this videos a good introduction, also worth adding to choose your town extremely carefully and pay for air dna, some towns are a waste of time no matter how hard you try. College towns are incredible. Also don’t keep locked in booking rates, check out your competition and bring something to the table they don’t have like a body of water or pool table, and learn what is working from your local contest also 🙌🏼
@johanmontenegro521
@johanmontenegro521 Жыл бұрын
hey, I am trying to start do you think a can contact you via email? please
@AirbnbAutomated
@AirbnbAutomated Жыл бұрын
You don’t need to pay for airdna if you know how to do market research
@austinlee6728
@austinlee6728 Жыл бұрын
Kkl 😊on😊kiokkokkkkkj😊kkokokk😊kokkkokkk
@HI-kk6yz
@HI-kk6yz Жыл бұрын
@@AirbnbAutomated How do i learn how to creditably market research?
@AyriBrownn
@AyriBrownn Жыл бұрын
@@AirbnbAutomated also interested in market research
@wulfsorenson8859
@wulfsorenson8859 11 ай бұрын
99% of landlords will say NO. Find a property with no neighbours and shove it on Airbnb. Simple.
@user-aniteamlr
@user-aniteamlr 2 ай бұрын
how exactly with no neighbours?
@wulfsorenson8859
@wulfsorenson8859 2 ай бұрын
@@user-aniteamlr it’s tricky but can be done. First apartment I got caught. Managed to find a mews house with a huge apartment block on one side and an enclosed apartment complex on the other. This worked well until the lockdowns ruined it all. Subletting in an apartment block or having nosey retired neighbours next door will get you caught.
@KishaNel-r1f
@KishaNel-r1f 28 күн бұрын
@@wulfsorenson8859 what’s the max amount of money you should spend on renting someone else house . Beginner friendly questions
@lamarsimss7681
@lamarsimss7681 Жыл бұрын
Just started my str and just posted my first one on air bnb a couple of days ago .. just waiting on my first booking 🤞🏾🤞🏾
@qupation7296
@qupation7296 Жыл бұрын
Good luck buddy!
@thabitalani1407
@thabitalani1407 Жыл бұрын
Hows it
@disispressi2189
@disispressi2189 Жыл бұрын
How is it going?
@lamarsimss7681
@lamarsimss7681 Жыл бұрын
@@disispressi2189 going pretty good honestly got my first booking shortly after this comment and I’m booked up the majority of this month and gotta few next month already
@alexstrzok5709
@alexstrzok5709 Жыл бұрын
​@Lamar Simss congrats! Did you do rental arb
@MONITRIQUI
@MONITRIQUI Жыл бұрын
You’re a blessing! I pray that people find you before they fall in a scam, where people say “buy my course” before offering any info and not checking motives of their students, and new students fall in trap with other students who have bad intentions of scamming new ones for money instead of networking and growing together.
@minamoove6286
@minamoove6286 Жыл бұрын
I was just watching a KZbinr expose someone that was doing this
@CurtisHale-xt2ds
@CurtisHale-xt2ds Жыл бұрын
@MONITRIQUI, any luck with Mr. Sean?
@marcusjr1100
@marcusjr1100 Жыл бұрын
In order to use the Lease addendum. Should I leased the apartment under my name ? Or under my LlC ? If so under my name if anything happened wouldn’t that affect my personal credit score and all ?? Also should you negotiate about the lease addendum right after you have been giving a tour ?
@AirbnbAutomated
@AirbnbAutomated Жыл бұрын
You’re absolutely going to use your LLC always
@AirbnbAutomated
@AirbnbAutomated Жыл бұрын
The lease addendum is introduced after your pitch with a landlord has been accepted.
@marcusjr1100
@marcusjr1100 Жыл бұрын
Thank you for answering, I am trying to get my first unit. Going for a tour this week and I will prepare a lease addendum just in case. You’re very kind to share these informations . Respectfully yours,
@Real1009-c8o
@Real1009-c8o 8 ай бұрын
@@AirbnbAutomatedhey why under llc always
@ElsieThillet-h6b
@ElsieThillet-h6b 8 күн бұрын
Thanks for the interesting content! 😍 I’ve got a question: 🤨 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I don't know what they are. What should I do with them? 🤷‍♀️
@akadia763
@akadia763 11 ай бұрын
This video is very important pay close attention everyone. Thanks for the wisdom
@AirbnbAutomated
@AirbnbAutomated 11 ай бұрын
Happy to help
@qupation7296
@qupation7296 Жыл бұрын
Wait so let me get this straight. I sign a lease, which is a commitment. Then I ask for a lease addendum, which is the thing I really need? What if the property owner says no? I feel like I'd be stuck in limbo. Lol
@AirbnbAutomated
@AirbnbAutomated Жыл бұрын
You get the landlord to agree to the addendum before you sign either document and then you sign them both at the same time
@qupation7296
@qupation7296 Жыл бұрын
@@AirbnbAutomated excellent! Love the video and info quality btw.
@siriusqueen3476
@siriusqueen3476 Жыл бұрын
​@@AirbnbAutomatedthank you
@miket6094
@miket6094 Жыл бұрын
Obviously this is happening but to me it makes zero sense. I don't understand why a landlord would allow a tenant to sublease their property for more money then they are charging for monthly rent. Why wouldn't the landlord just do the short term rental and keep the profits for themselves?!
@younesregragui2470
@younesregragui2470 Жыл бұрын
Most landlords dont have the time and energy and skills and risk management to handle an airbnb A longterm lease is super low-effort and low-risk since you only have to find 1 family that wants to rent and you're set up for years (plus the house becomes their responsability, they have to clean and do everything and you're just collecting money every month) while for short-term rent you have to find new people daily, clean the house every time, handle the neighbors complaining, handle the damage done by the different people that come, handle your listing's reviews and handle the risk of not finding new people to rent for and losing that money
@Peli10
@Peli10 Ай бұрын
@@younesregragui2470
@sean4060
@sean4060 Жыл бұрын
Airbnb sucks these days. Earnings are garbage. But I still like you Sean
@AirbnbAutomated
@AirbnbAutomated Жыл бұрын
Life is garbage lately. That’s why crypto is up.
@noobkid4579
@noobkid4579 2 ай бұрын
I love your channel. Thank you! I started with arbitrage but I got blocked by Airbnb because they told me that my property doesnt exist even though it is to be found on Booking as well
@MrBarkingz
@MrBarkingz 2 ай бұрын
You were reported
@MegLeo-x4s
@MegLeo-x4s 2 сағат бұрын
Columbus Landing
@GeorgeMcKnight-w9b
@GeorgeMcKnight-w9b 10 күн бұрын
Anderson Maria Lewis Mary Martinez Carol
@BabbittJudith-f9p
@BabbittJudith-f9p Күн бұрын
McLaughlin Knolls
@josephcolafrancesco4060
@josephcolafrancesco4060 Жыл бұрын
We work remotely. We're looking for a place that can serve as our primary residence during the school year, but also as a short-term rental during the summer and possibly holiday seasons. 🌞🎄 This way, we can enjoy vacations without worrying about paying both mortgage and rent! 🏖️💰 We'd love to connect with locals in the STR industry or anyone who help us find the perfect property that fits our unique needs. 🤝 If you have any recommendations, tips, or if you provide services related STR in the West Fort Worth Aledo area, please drop a comment how to connect.
@jaymielke
@jaymielke Жыл бұрын
Holy smokes! two thumbnails in a row that you didn't feature Shelby in your thumbnail!
@LillieVirgil-q7y
@LillieVirgil-q7y 2 сағат бұрын
Rosendo Underpass
@mysterious2283
@mysterious2283 Жыл бұрын
Bro you are a legend my full respect goes to you for being honest and giving us the information. If I could subscribe 100 times I would !
@alenavyazhevich2703
@alenavyazhevich2703 Жыл бұрын
Do you have a videos on how to get financing to start this?
@mattno9834
@mattno9834 Жыл бұрын
Trying to count your eggs before the chickens ya know. If you don’t know how to acquire financing first start there, not here.
@HoodThera-z3j
@HoodThera-z3j 19 сағат бұрын
Laisha Gateway
@karat252
@karat252 7 ай бұрын
I have a question that nobody seems to address… how does one get in direct contact with landlords to negotiate a deal, when all properties in my city are listed and managed by real estate agents?
@AirbnbAutomated
@AirbnbAutomated 7 ай бұрын
I don’t think anyone would post a video like that for free. That’s true. Because also my sales system doesn’t try to bypass the agents
@JeffreyAlmanzar-l4o
@JeffreyAlmanzar-l4o 16 сағат бұрын
Megane Flat
@JenniferGann-y8q
@JenniferGann-y8q Күн бұрын
Gerhold Park
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Hollie Gateway
@MaryJones-h9m
@MaryJones-h9m 12 күн бұрын
Torphy Junctions
@JZHfishing
@JZHfishing Жыл бұрын
How many do you need to quit your job? And how long does that take
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@BartlettLynn-n5g 9 күн бұрын
Jaqueline Crossing
@SabrinaGary-d8x
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Christine Land
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Jovanny Squares
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@ConnorHunter-v5l 2 күн бұрын
Lamar Manors
@LarryThomas-h6i
@LarryThomas-h6i 5 күн бұрын
Hermann Fields
@MarloweLennon-n9k
@MarloweLennon-n9k 10 күн бұрын
Morar Extensions
@ElizabethJohnson-w8g
@ElizabethJohnson-w8g 2 күн бұрын
Cassin Walk
@MaloryMiranda-s9j
@MaloryMiranda-s9j 11 күн бұрын
Dillon Causeway
@JodyFellers-v3p
@JodyFellers-v3p 4 күн бұрын
Ariane Groves
@SanderLeona-j7h
@SanderLeona-j7h 2 күн бұрын
Piper Fort
@RobertParker-s7b
@RobertParker-s7b 19 күн бұрын
422 Marlon Shores
@JackSander-k8v
@JackSander-k8v 5 күн бұрын
Clemens Ranch
@TheronSoulek-h3d
@TheronSoulek-h3d 7 күн бұрын
Pollich Lakes
@Jacklauderback
@Jacklauderback Жыл бұрын
sean i would love to get into private seminar with you due to my current situation respond to this comment with directions for how to get in touch with you
@AirbnbAutomated
@AirbnbAutomated Жыл бұрын
DM on IG @airbnbautomated
@DeneenDaghita-m2x
@DeneenDaghita-m2x 5 күн бұрын
Littel Skyway
@DanaArmengol-d1s
@DanaArmengol-d1s 6 күн бұрын
Horace Crescent
@JordanHaley-u8o
@JordanHaley-u8o 5 күн бұрын
Rowland Brook
@TracyVita-p5e
@TracyVita-p5e 3 күн бұрын
Jevon Point
@JamesHarvey-i3w
@JamesHarvey-i3w 14 күн бұрын
Friesen Junctions
@MaxineSpears-q1d
@MaxineSpears-q1d 19 күн бұрын
Clementine Villages
@SherryGonzalez-i8e
@SherryGonzalez-i8e 18 сағат бұрын
Brekke Ways
@MaudFlentroy-f5e
@MaudFlentroy-f5e 7 күн бұрын
Laisha Villages
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@vcdvfb-g3r 15 күн бұрын
Rowland Fields
@DavidBarriga-g4c
@DavidBarriga-g4c 8 күн бұрын
Sophie Ports
@HuntingtonCroft-p3e
@HuntingtonCroft-p3e 8 күн бұрын
Jarred Light
@WendyGallaway-f1z
@WendyGallaway-f1z 8 күн бұрын
Dominic Isle
@ThomasArd-f8v
@ThomasArd-f8v 7 күн бұрын
Morris Fields
@NelsonCranford-p4j
@NelsonCranford-p4j 24 күн бұрын
Rosella Mountains
@ChristopherPag-x8n
@ChristopherPag-x8n 13 күн бұрын
Gerlach Estates
@PamelaBradford-n3l
@PamelaBradford-n3l 10 күн бұрын
Ortiz Springs
@IrvingDuke-p1k
@IrvingDuke-p1k 4 күн бұрын
Hazle Pike
@FlynnArvin-y7g
@FlynnArvin-y7g 6 күн бұрын
Dicki Greens
@TerryRaymer-v6o
@TerryRaymer-v6o 18 күн бұрын
Altenwerth River
@Laura-i6f2f
@Laura-i6f2f 6 күн бұрын
Pearlie Drive
@ToryBuchberger-d7v
@ToryBuchberger-d7v 7 күн бұрын
Kling Prairie
@StracheySharon-k7p
@StracheySharon-k7p 11 күн бұрын
Lehner Summit
@DavidMartinez-c4v
@DavidMartinez-c4v 7 күн бұрын
Emily Canyon
@LisaHardin-c4q
@LisaHardin-c4q 14 күн бұрын
Lueilwitz Alley
@daynewatkins653
@daynewatkins653 Жыл бұрын
Smarter/easier to rent out an apartment or a house?
@ClaudiaWinter-r6i
@ClaudiaWinter-r6i 8 күн бұрын
Douglas Road
@RudolphTheresa-r4d
@RudolphTheresa-r4d 5 күн бұрын
Lina Walks
@KelvinPal-f6p
@KelvinPal-f6p 11 күн бұрын
Jacobs Pines
@FranklinHiram-v6x
@FranklinHiram-v6x 9 күн бұрын
Dooley Forges
@kgositafari6784
@kgositafari6784 Жыл бұрын
Also I like the green masculine room, and of course my wife and kids like the purple and pink room.
@GaryHaines-i1w
@GaryHaines-i1w 6 күн бұрын
Kelley Mews
@WyattMas-z1m
@WyattMas-z1m 8 күн бұрын
Sonia Coves
@JeanBurke-c9k
@JeanBurke-c9k 11 күн бұрын
Pouros Centers
@EdithUrsula-f4s
@EdithUrsula-f4s 14 күн бұрын
Myra Crossing
@JasonCooley-l8y
@JasonCooley-l8y 19 күн бұрын
Schiller Corner
@Tinksmysticalgifts
@Tinksmysticalgifts 2 ай бұрын
Im uk, council tenant very bad credit. Is this something i can do still? Also i only have £1000 i would be able to start out with and no extra cash to rent somewhere?
@SalvatorePowanda-e2y
@SalvatorePowanda-e2y 8 күн бұрын
Marlee Walks
@AlvinaTrythall-z1c
@AlvinaTrythall-z1c 8 күн бұрын
Tyrese Pike
@JennyBarnett-u5j
@JennyBarnett-u5j 7 күн бұрын
Rath Hills
@LarryJones-e2c
@LarryJones-e2c 20 күн бұрын
Gerhold Via
@DickensClarissa-m6e
@DickensClarissa-m6e 14 күн бұрын
Leif Circles
@ManuelMurphy-x2h
@ManuelMurphy-x2h 10 күн бұрын
Ada Freeway
@chrisbranton73
@chrisbranton73 3 ай бұрын
I do construction in Houston as a project manager/superintendent. Did you get those properties in Houston fixed? Let me know if you’re looking for someone local to help. Cheers!
@MarilynKatz-i7y
@MarilynKatz-i7y 14 күн бұрын
Talia Freeway
@OctavioBooras-i3x
@OctavioBooras-i3x 14 күн бұрын
Block Street
@BeenGarcinia-n8t
@BeenGarcinia-n8t 13 күн бұрын
Yvette Estates
@JoelHaslett-s4y
@JoelHaslett-s4y 12 күн бұрын
Rusty Vista
@CristopherWollmuth-y6y
@CristopherWollmuth-y6y 15 күн бұрын
Sawayn Isle
@SorayaKammler-z3w
@SorayaKammler-z3w 16 күн бұрын
Rice Brooks
@LawrenceChristopher-l9w
@LawrenceChristopher-l9w 23 күн бұрын
Homenick Row
@MauroAltizer-k7n
@MauroAltizer-k7n 9 күн бұрын
Hills Pike
@LucilleMcCarthy-s7w
@LucilleMcCarthy-s7w 18 күн бұрын
Chase Track
@ronindez1
@ronindez1 4 ай бұрын
Thanks. I own a modest house property in the Santo Domingo D.R., in/near a rapidly growing area with a lot of building of all sorts. I'm curious to learn. Am presently speaking to a close friend or two about this. Advice?
@roshaudgroomes7252
@roshaudgroomes7252 4 ай бұрын
I currently rent an Apt under my name. Can I simply make a business account under my name , (fictitious name) then proceed because my name would be the business?
@AlfonsoLabriola-e2i
@AlfonsoLabriola-e2i 27 күн бұрын
Fisher Unions
@CharlesScott-b4p
@CharlesScott-b4p 15 күн бұрын
Lavada Parkway
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