Every single video i watch of yours, i get to learn so much about the industry. We appreciate you sharing such extensive and transparent information.
@RaperiUndergroundКүн бұрын
Bro great content, keep it um on similar
@ibocryptoКүн бұрын
Could you do a video that shows how you decide/calculate which apartments you would rent for subleasing please? Basically how you calculate the potential earnings and roi. Thanks this would help a lot 🙏🏻🙏🏻
@RaperiUndergroundКүн бұрын
A great idea would be the 3 worst performing, units/ Apartments ! Why not! Great contet keeo it up
@SubleasingDubaiКүн бұрын
Will be great for next year when I have 40 units complete the full year
@resinhomefurniture1Күн бұрын
10 Minute video = 10 Valuable Books . Great content
@SubleasingDubaiКүн бұрын
Thanks man, I am happy you got value from it!
@youssefakram571412 сағат бұрын
Hey man! I’ve been watching you for a little under a year and I really love the journey you’ve been on. I just have a couple of questions… what is the process of finding properties to list on airbnb? and is it challenging to find property owners that are willing to let you airbnb their property?
@azadvertisedКүн бұрын
The clarity and transparency has been the biggest draw for me in your content. Awesome work you're doing, man. Same with sharing the review issues that could arrive.
@SonniTheDogКүн бұрын
Awesome video but I never understand why you don't include furniture in your net profit calculation... That's 50-75k dirhams... so most of these units are completely unprofitable for the first year. Then you only have 2 year lease sometimes one year, you get an eviction notice... boom... you can maybe recoup 20% of that furniture cost by selling / moving to a new place... Also that 5.5 million dirham property... you want me to buy the property, lease it to you for 5 years without even a security deposit and get a 5% ROI? there's cash accounts I can put that money in providing the same returns with none of the risk.
@BlizzadmanКүн бұрын
I thought I was the only one who thought the same 😂. His numbers literally makes no sense. It would only make sense for investors if they at least get 10%. As soon as the tourism market dips in Dubai his company is cooked, and investors would be screwed... It has to be worth it to deploy that amount of capital and do such a risky deal.
@SubleasingDubaiКүн бұрын
Completely valid thoughts and a great question. It is very hard to make this work in Dubai since the profit margins are not that high. Out of the 41 units I have signed over the past year and a half, I have not received a single eviction notice, and there are no signs of any coming. Apartment owners in Dubai are generally investors holding the apartments for many years, and tenants are extremely well-protected in Dubai. An owner cannot evict me unless they plan to sell the unit or live in it themselves. Even in such cases, I have 12 months to vacate. So, I can confidently say that I will hold each unit for an average of about 4 years (estimating, maybe more). Even if I lose one earlier, I can move most of my furniture to the next apartment and recover the security deposit. This means that out of the initial investment, my only losses would be the agent's fee and part of the furniture cost. In my revenue/profit breakdown I have already accounted for the depreciation of furniture and the cost of maintaining it as it wears out over time. There is a significant initial investment required to set these deals up, and usually the first year goes to paying that off, after that I can enjoy the profits for many years.
@mohammedahmed1109Күн бұрын
@SubleasingDubai why don't you make a crowdfund and buy these apartments yourself, and then you pay the investors in monthy basis ?
@michelvanwoudenberg18 сағат бұрын
Great video and interesting to learn that subleasing is not that profitable at scale. You took/taking a big risk for seemingly relatively little upside. You and your team must work very hard for this result and can’t afford to drop the ball too often (ratings, margin, etc), so my biggest question is “why are you doing this?” I think there are easier ways to make money that incur less risk ?
@LindaJones-o6s13 сағат бұрын
Thanks for the analysis! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). How can I transfer them to Binance?
@LogOutGoGymКүн бұрын
Love the transparency! Congrats on big moves in 2024. Genuine curiosity question, what's the reason you wouldn't invest in owning the apartments yourself? And would prefer to pay more than a mortgage amount in rent.
@SubleasingDubaiКүн бұрын
simply because the downpayment of buying a unit is too high for me right now
@pdcrypto659913 сағат бұрын
@@SubleasingDubai investors may be more interested in a profit share model than a standard 5% yield with no security deposit. Alternatively a partner covers the cost of a rental unit and you repay monthly from your profit but have no upfront outlay. I’m not sure if/how the numbers would work but is that something you would maybe consider?
@bushihab732510 сағат бұрын
Good luck with every 20 % increase in rent 🎉
@user-qh7rj9wj4p8 сағат бұрын
They can not increase by 20pct- whats wrong with you?
@emilkhafizov1119Күн бұрын
I have apartment in Address JBR. Do you want sublease? How can I contact with you?
@SubleasingDubaiКүн бұрын
Send me a DM on instagram with the address, bedroom count and asking price in the first message. I only sublease deals that are at or under market value, so it might be hard to get together. I can always manage your unit for 20% of the revenue, if that is interesting for you than you can book a call with my partners in the link in the description.