the truth about rental arbitrage that Airbnb gurus will NEVER tell you

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Robuilt

Robuilt

2 жыл бұрын

Get $600 off your tickets to Host Con - The #1 STR conference in the world 👇🏽👇🏽
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STEP 1: Watch my case study on creative hosting 👇🏽
www.robuilt.co/creative-host
STEP 2: Download my free guides 📚
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My Airbnb Listing Tips ✍️ - bit.ly/48A06G5
STEP 3: Sign up to host on Airbnb and get my listing feedback
www.airbnb.com/r/robuilt
STEP 4: Join my free Airbnbesties Facebook group 👯♀️
tinyurl.com/airbnbesties
*All content on the Robuilt KZbin channel reflects my own opinions and should NOT be taken as legal advice, financial advice or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.

Пікірлер: 419
@THEcolebennett
@THEcolebennett 2 жыл бұрын
I operate 2 airbnb arbitrage units and everything he says is so true. I invested 20k into building out my units, 1st months rent, and security deposit. I wish I did not do this SO much. I wish I would have been more patient and just bought a property. They cashflow well but you get none of the benefits of real estate but a TON of risk. No depreciation, no appreciation, no equity. Also, you are super exposed because the landlord could fail to renew, the travel trends could change, the cashflow can be very inconsistent, and at the end of the day all your money is tied up into DEPRECIATING furniture that you cannot recoup your investment on. Big mistake I made, but the only good thing is that I have been learning how to run a business and make smart decisions with company money. You live and learn.
@Robuilt
@Robuilt 2 жыл бұрын
This was such a good comment that it looks like I paid you to say this. WHICH I DID. Sending the venmo now! Jk, thanks for the honest POV, Cole.
@THEcolebennett
@THEcolebennett 2 жыл бұрын
Also, I worked my butt off for 2 years to save $35k and now likely all or a good portion of that money may be completely gone depending on how my leases go. A good practice in Rental Arbitrage is to sign long term leases. I signed mine for 2 years, which should be enough to pay off any debts and regain some of my original investment into the business. Then I will be able to start over.
@THEcolebennett
@THEcolebennett 2 жыл бұрын
@@Robuilt HAHA lol but yes all that you say is true! I appreciate your videos. Hope I can help others gain perspective if considering this strategy!
@kyleeandsteven
@kyleeandsteven 2 жыл бұрын
@@Robuilt 😂😂
@Seagall.
@Seagall. 2 жыл бұрын
@@THEcolebennett If you’re not making your money back within a year using rental arbitrage than you ain’t doin it right tbh.
@yancyyst
@yancyyst 2 жыл бұрын
Arbitrage is the best way to get into the business to learn how to run an airbnb business, then you can move into co hosting other people's property and finally buying your own properties and put them on Airbnb,, if you skip these steps you have to come up with a least 50k-80k to get a property which is a lot of pressure for new people coming into the business unless you already have the money, the furniture is what makes you the money so if your lease doesn't get renew you have to have plan B in place where you just transfer your current furniture into a new place, a hybrid approach is suitable for people with not a lot of resources.
@Eastbaypisces
@Eastbaypisces Жыл бұрын
but dont they do credit check and employment check income check? so if u already have a place n ur money going to that how would u pass income check?? or do u just give them hella big deposit??
@captaincrunch7948
@captaincrunch7948 Жыл бұрын
@@Eastbaypiscesyou should own an llc and buy your home with that
@maudestahollins8267
@maudestahollins8267 Жыл бұрын
Where you buy furniture
@yancyyst
@yancyyst Жыл бұрын
@@Eastbaypisces Yes, is the the same requirements as if you were to get a normal lease
@yancyyst
@yancyyst Жыл бұрын
@@maudestahollins8267 Amazon & Wayfair
@MijangosProductions
@MijangosProductions Жыл бұрын
Let’s look at some math. BELOW average home price currently is $300,000. On a property you plan on Airbnb’ing, you will be required to put down 10-20% depending if you are looking to buy second home or investment. Let’s say 15% down because it’s always good to overestimate, $45,000 on just down payment. Let’s not forget another 5-6% for closing cost because cost of rate is expensive right now. 6% of $300,000 is $18,000. You are now all in $63,000 for closing cost and down payment. BUT WAIT, you still have to furnish it! Lets estimate $10,000 - $15,000 to fully furnish a 3/2. All in cost of about $75,000! BUT BUT WAIT, your rate is NOW around 7-8% right now so now this is eating up your cash flow !!!! Unless you are finding a 3/2 for $200,000 with the seller covering your 6% closing cost then you need MONEY! Please remember that a big portion of your audience does not have a nice $80,000 stack laying around so Airbnb arbitraje might def be a great start with a start up cost of $10,000 to $15,000!
@kevinmitchell9218
@kevinmitchell9218 Жыл бұрын
All your numbers are slightly off. Down payments for investment properties are 25%. Closing costs are no more than 2%. However, many builders are offering tons of incentives right now. Interest rates are closer to 6% (still high). Furnishing is closer to $10/sq. foot. The point still remains that it’s a huge upfront cost, I agree. However, unless you can lock in a long-term lease with a landlord (3+ years), there’s a good chance you don’t even see your money back before the lease ends.
@kevinmitchell9218
@kevinmitchell9218 Жыл бұрын
Lock in*
@chriswbrashear
@chriswbrashear Жыл бұрын
@@kevinmitchell9218 FYI I got an investment loan for 20% down mid last year to buy a 20 year old house in Kona, HI. If I could have done 10% I would have, it was not an option with any lenders.
@aholmeslife3833
@aholmeslife3833 Жыл бұрын
Thank you!!👏🏾
@MrKhurramshahzaeb
@MrKhurramshahzaeb Жыл бұрын
Very good point
@skidesco
@skidesco Жыл бұрын
Rental arbitrage is not a long term strategy. it is done with the goal that nobody mentions ( to be able to buy and own/rent the property to gain equity ). if you have little money and don’t want a mortgage because you don’t have the credit to run 4 different mortgages. RA with airbnb/etc can be very lucrative for the cash flow to quit your job and explore more options for revenue to scale and grow your world :)
@norkotahrusset45
@norkotahrusset45 Жыл бұрын
I understand what you are saying it makes sense. It’s better to get equity. But for people that have to work their way up to get cash to purchase equity it’s not so bad to start with rental arbitrage. Just my humble opinion. Great video though loved the information
@helprehouseourvets6919
@helprehouseourvets6919 Жыл бұрын
✔️Exactly‼️💯 Ppl gotta start somewhere and as they say, you gotta crawl before you can walk, so..
@shesgonecountry8322
@shesgonecountry8322 Жыл бұрын
What if you’re just starting out? Wouldn’t arbitrage be a dip your toes kind of way to start and also produce cash flow to buy more long term solutions if you don’t have the cash flow up front or the ability to buy a property in the near future?
@aaronmcentire2862
@aaronmcentire2862 2 жыл бұрын
If you do decide to do rental arbitrage, you'd most likely have a better chance of renting out a single family home instead of an apartment and then you can do cool things like renting out each room separately for working professionals. This might be something you could go into a bit Rob.
@antoniomiguelhdz
@antoniomiguelhdz 2 жыл бұрын
Currently netting $12,000/month running 6 rental arbitrage properties. It’s all about market research and understanding the risks. If you’re ok with risk, it’s the perfect business.
@chillguy2758
@chillguy2758 2 жыл бұрын
in what area Miguel? I'm curious
@DarkNightFlcn
@DarkNightFlcn 2 жыл бұрын
Have the new Airbnb changes effected your rentals at all?
@tdot8398
@tdot8398 2 жыл бұрын
I'm stuck on where to get the money to furnish the apt. I don't have 10-20k to purchase nice quality furniture so did you already have a bunch of money to start with or what did you do to furnish your first unit?
@antoniomiguelhdz
@antoniomiguelhdz 2 жыл бұрын
@@chillguy2758 all of our units are in Puerto Rico.
@antoniomiguelhdz
@antoniomiguelhdz 2 жыл бұрын
@@DarkNightFlcn Not really. We’ve stuck with our niche which is providing unique stays plus offering extra services to our guests. I think that what you have to take with you is that Airbnb might be the most dominant str marketplace but that doesn’t mean your business has to depend on their terms.
@Jussomerando677
@Jussomerando677 Жыл бұрын
I’d still like you to do a deep dive into rental arbitrage. I sat in on a free seminar and that was biggest thing that stood out to me. The fact the couple didn’t own any of their properties.
@sentelmays1826
@sentelmays1826 Жыл бұрын
I get it man but not everyone can acquire a property right away... no one should be looking at rental arbitrage as a long term business plan. It is a great way to start, I'm currently doing it and getting great returns. I plan to buy a a property next year.
@Evettecord
@Evettecord Жыл бұрын
what kind of returns are you getting on your airbnb arbitrage units?
@AnselTroy
@AnselTroy 2 жыл бұрын
i bought my tiny homes for 35k each. Best airbnb business model in my opinion
@tanveerali1
@tanveerali1 Жыл бұрын
Wish you can avoid all the dramatic stuff or reduce it, its annoying.
@ABWEST
@ABWEST Жыл бұрын
Thank you for being transparent with us when it comes to rental arbitrage.
@skoopqueen
@skoopqueen Жыл бұрын
I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house I rented on Airbnb already , earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this....
@eadad4371
@eadad4371 Жыл бұрын
Glad I came across this comment section. I was struggling to decide what to do with a good amount of money in the bank doing nothing. I would be happy if you could advise me, as I am ready to go the passive income path.
@skoopqueen.
@skoopqueen. Жыл бұрын
@@eadad4371 Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (REGINA LOUISE COLLARO) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself.
@eadad4371
@eadad4371 Жыл бұрын
@@skoopqueen. That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@skoopqueen.
@skoopqueen. Жыл бұрын
@@eadad4371 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
@emeldcentor1474
@emeldcentor1474 Жыл бұрын
@@skoopqueen. I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
@JustinWinterHello
@JustinWinterHello 2 жыл бұрын
Scaled from 7 to 45 arbitrage units in 9 months. Goal is to create a sizeable cashflow snowball that can pay my basic personal living expenses, pay for an operating team, and enough cash to flip the switch and start buying monthly. Arbitrage is good for what it’s good for, they are different tools for different purposes. Equity is awesome, if you can buy it. Owning shares in your startup company that goes public is also better than just a salary. Unless you have a healthy six figure income and can buy a vacation house per year starting right now, your should probably start with arbitrage to create a 6 figure income first.
@jsmma
@jsmma 2 жыл бұрын
Well said man. Honestly some wont, since its easier to scratch your itch by saving instead. Arbitrage will require them to wear a lot of hats.
@grmuniz
@grmuniz Жыл бұрын
7 to 45 - that's a great number! Would you talk more about it?
@joefreeman3860
@joefreeman3860 Жыл бұрын
What startup company are you talking about though?
@tylerfields1239
@tylerfields1239 Жыл бұрын
What do you do in the beginning while waiting for first property to cash flow? If you need that money to pay rent? Deferred payments till cash flow (in contract)?
@JustinWinterHello
@JustinWinterHello Жыл бұрын
@@tylerfields1239 use Melio+Amex Plum to push out the bill of rent and furnishing. That combo, for a small cost, means it isn't cash out of your pocket until nearly 90 days if you time it right. It should be profitable immediately or else you made some major mistake in pricing or location selection. But ex. if you think you will cashflow $1k a month, but rent and fixed is $1k a month, furnishing is $4k to get started, that's a 4 month payback period. So if you can push out the initial expense of furnishing and the first rent check and security deposit, then you are making $3k net before you have to pay the operating expense and furnishing you bought in month 1 at approx. 5k. So that's only -$2k down in cash in month 3, so two more months and you are break even and you made your cash back and are break even on $5k initial outlay. Everything only gets better if you can negotiate a free month (I have never been able to do that). Then save up+pull money from your savings etc. and do a batch of 3 at once. Wait to get your money back etc etc and rinse wash repeat to scale. If 1 works, than 100 could work. You will start to run into operationalize challenges at that scale and need to keep on your SMB hat to building systems and processes, hire people to run stuff, etc.
@Ralith09
@Ralith09 2 жыл бұрын
We kinda started backwards. We own 8 units and now getting a few arbitrage units from a RE investor colleague.
@ravanlp
@ravanlp 10 ай бұрын
rent out each room for even more $$, rent to professionals, traveling nurses, military, even a group home, assisted living, etc! People/professionals who need to rent for 30+ days, thats how you keep long term rentals/dont have to abide by str laws
@Locdintravels
@Locdintravels 2 жыл бұрын
Please do a rental arbitrage deep dive!! Tips to get started??
@kill4chels6
@kill4chels6 Жыл бұрын
Any specific tips for someone in the property management industry with real estate school knowledge? I heard someone say they offer their Airbnb business also as a property management company. Sounds like a good idea but unsure.
@Theelovelyday
@Theelovelyday 2 жыл бұрын
I feel like arbitrage is a great way to start generating the cash flow to make buying property a little easier.
@jaceymartin4739
@jaceymartin4739 Жыл бұрын
Agree! I don't have the money to buy a place...so it is really the only option I have
@sportsbettingstar
@sportsbettingstar Жыл бұрын
Exactly. I don’t think most people who are interested in arbitrage see it as a long term business plan but rather a means to an end. When you’re living paycheck to paycheck all you need is more cash. This is an incredible way to double your monthly income so that buying a property ACTUALLY becomes feasible.
@brennenhrebeniuk9661
@brennenhrebeniuk9661 Жыл бұрын
Yeah but you need to seriously run the numbers. Where im at the average 3 bedroom house goes for $150 a night on airbnb at 60% occupancy. The average 3 bedroom house for rent here is about $2200 a month meaning after utilities cleaning and furniture you would lose money not make money. I personally wouldnt consider anything less then a 30% return on investment meaning that if I wanted to make 30% in my market I would need to list my $2200 a month rental property for $250 per night which is not possible here
@britfoxy
@britfoxy Жыл бұрын
@@brennenhrebeniuk9661 You can do Air BnB from anywhere, not just your area. My family & I recently rented an Air Bnb in San Antonio for about $300/nt. 🎃
@brennenhrebeniuk9661
@brennenhrebeniuk9661 Жыл бұрын
@@britfoxy yeah Ik I appreciate that btw but most of Washington for me is not worth it. That would require moving which is not neccesarily an option at this present moment.
@bstefanski
@bstefanski Жыл бұрын
Where can I find the links to the couple of downloads Rob mentioned in the video?
@cbauman106
@cbauman106 Жыл бұрын
I have 17 rental arbitrage units and love it. I do all mid term stays (30 day minimums). I rent apartments near the downtown hospitals in my city and sub lease them mostly to travel nurses who stay and work for 2-3 month contracts. True, I am not building equity in the real estate but I am building equity in a business that I can eventually sell for 3-5x the annual net cash flow. I do 2-3 year lease agreements and negotiate free rent up front.
@oldcarproblems3332
@oldcarproblems3332 Жыл бұрын
I love the travel nurse angle. Are you using furnish finder?
@cbauman106
@cbauman106 Жыл бұрын
@@oldcarproblems3332 mostly just airbnb!
@Tman_z
@Tman_z Жыл бұрын
@@cbauman106 I’d like to ask you a couple questions and you’ll respond when you have free time. If you could please drop your Instagram
@cbauman106
@cbauman106 Жыл бұрын
@@Tman_z christianbauman88
@oldcarproblems3332
@oldcarproblems3332 Жыл бұрын
@@cbauman106 How are your margins doing 30-day minimums? I'm assuming they are less than doing STR stays?
@ea201
@ea201 10 ай бұрын
Very good video. I’ve started with rental arbitrage but looking to scale into buying my own apartments. Well done 👍🏽
@buddybz6637
@buddybz6637 Жыл бұрын
I’m 13, and I’m trying so hard to understand all of this😅 ITS SO HARD SINCE I STARTED TODAY!!!but I got my big brother to help he’s been in it for a while, he also told me to try some other stuff but try something first then go to something else.
@Frostye92
@Frostye92 Жыл бұрын
Good stuff bro , keep up the determination and it'll pay off
@malainfluencia126
@malainfluencia126 Жыл бұрын
Dude the fact that you are watching this is a win anyway👍
@Valhalla_Heathen
@Valhalla_Heathen Жыл бұрын
Keep on learning, comrade! 🤘🏻 I wish I learned this stuff when I was a teen lol
@TheGeriatricMillennial-80
@TheGeriatricMillennial-80 2 жыл бұрын
I can't help but think all these "apartment arbitrage bros" is largely why so many cities are restricting STRs entirely. The market is saturated and regular people are pissed because almost everywhere has a housing shortage and properties being scooped by Arbitrage Bros that would otherwise be available for people to live in leads to pissed off public demanding their local governments block this, and local governments are listening.
@Vcize
@Vcize 2 жыл бұрын
I think the arbitrage bros are a rounding error in this. Properties in popular STR spots sell for 10x gross revenue. It's down to a science at this point. That's buyers/investors setting the market. I would be surprised if arbitrage units represented more than 1% of the listings on Airbnb, and honestly I doubt it's even close to 1%.
@Krazie-Ivan
@Krazie-Ivan 2 жыл бұрын
@@Vcize ...whatever the numbers are, the *impact* is unbalanced. apartments in the city are the most cost-effective solution for people with lower income (many of whom rely on transit/bikes/walkability), so an artificial shortage has an out-sized effect on the most basic of needs for the most vulnerable of us. whereas tourism is a luxury & a shortage is a minor inconvenience typically overcome by money (bigger place, further drive).
@Vcize
@Vcize 2 жыл бұрын
@@Krazie-Ivan I disagree. By far the towns that are most broken by Airbnb are ski towns, where there is essentially no arbitrage happening but the owners/investors have so limited the affordable housing for lower wage employees that the entire economy of the towns is broken. We see this in every ski town right now. It's not limited to ski towns of course, but any smaller destination town. If anything the impact is LESS in big cities, because there is so much inventory that a handful turning into airbnbs has a smaller affect than smaller towns where a handful of airbnbs destroyes the entire LTR industry. Manhattan still has 5000+ apartments available to rent, right now. Breckenridge has 1. Kanab (outside of Zion national park) has 0, and the local facebook page has 20 people a day posting that they're looking for a place to stay and the residents telling them there are literally ZERO available and blaming it all on the airbnb owners (and they're somewhat justified in that). The entire economies of these other destinations doesn't work. The entire towns can't exist without regulating airbnb, so regulations come crashing down extra hard there (look at what happened recently in Breck). And even in those big city markets, NYC, Nashville, Atlanta, etc. The people buying for Airbnb outpace the people renting for airbnb 100 to 1. I really think you could delete every arbitrage airbnb off the face of the planet and it would have zero impact on airbnb regulations. There are just too many people buying for STR for towns/cities to even notice the arbitragers. That is just my impression though. You could be right.
@Krazie-Ivan
@Krazie-Ivan 2 жыл бұрын
@@Vcize ...entirely agree on the small towns issues, it's a serious problem. But I'm only talking on the big city mid/lower income apartment situation. Soaking up inventory at even a small scale has an effect these days, as not much has been built since '08. There was a time any renter could score a free month or two on a 12 lease, a cable package, and/or maybe some discounts with neighboring businesses... but occupancy/leases/hold squatting are so high those days are gone for now. It's tilted so far you have working families in major cities living in cars cause they can't afford a basic apt. Everyone is free to choose how they do biz, but they shouldn't fool themselves about how that decision plays out in the big pic. Arbitrage currently hurts people. Maybe I lean too far in some eyes, but I've been releasing my houses to the wild to build small PassivHaus vacation spots. It feels right to me, & I'm fine with nobody else seeing it that way. (Read your other replies too, & you're certainly in the know. Seem like a reasonable & compassionate person. GL, sincerely)
@ColdStone52
@ColdStone52 Жыл бұрын
What do you do with all your properties?
@Al-xi2hq
@Al-xi2hq 2 жыл бұрын
@robuilt isn’t any business about cash flow so isn’t airbnb abridge different because it involves properties?
@chasenewsome4850
@chasenewsome4850 2 жыл бұрын
Definitely make that video bro, we would greatly appreciate the knowledge
@wakeup815
@wakeup815 Жыл бұрын
New subscriber Brother thanks for the info because I wanna start my own rental property portfolio
@brucema38
@brucema38 11 ай бұрын
I've been doing this stuff for a long time. Buying and holding property is a horrible way to make money. It's a great way to build wealth, but a horrible way to make money. You are way better off working at McDonalds hourly if making money is your motivation. All that said, arbitrage rentals can make a good amount of money. You don't build wealth, but you do make monthly cash flow. Most young people I counsel financially don't make alot because they work for someone else. Cash flow is their problem. Most dont fall in love with working a second or third job to get rich. Owning rentals is sexy, and people think it's not alot of work. It's an easy way to trick people into working harder and longer. They aren't working for someone else, and they get the rewards for their extra efforts. Again, most don't want to sign up for extra effort... I let some young guys do abitrage rentals in my units. My question is this, how little of a profit is worth it. My guys were killing it during covid. Doubling or more my rent doing midterm rentals. Now the market is saturated, and I'm raising the rent. I'm thinking they will still net 300 plus per door minimum. Is that worth it? I did alot of deals that were skinnier that that when i was buying this stuff a long time ago. I'm interested in your opinion.
@DavidSmith-nl5jv
@DavidSmith-nl5jv 2 жыл бұрын
About to sell a LTR and want to buy one or two STRs with the proceeds of the sell.
@DnDandVideoGames
@DnDandVideoGames 8 ай бұрын
Just started watching your videos. I'm 100% going to start with retail arbitrage even though you are now against it. I don't want to stay there for a long period, but I do need to do something to make more money. I would just buy a house, but I don't have the money/too much debt. So, going to do RA, pay off the debt I use to spin it up, pay off my regular debt (maybe getting a few more RA), then buy regular real estate.
@daisycamposguzman5862
@daisycamposguzman5862 Жыл бұрын
I would love to have you do a video about how to run a successful Airbnb arbitrage. LOVE A ARBITRAGE VIDEO
@MyFunny123
@MyFunny123 Жыл бұрын
Please please make the arbitrage video. My hope is to start that way then be able to buy properties once i get the hang of it. It would be so helpful.. pretty please
@DonnaGalanti
@DonnaGalanti Жыл бұрын
Good info. Thanks for the advice, experience, tips. Could definitely cut the video in half without all the extra unrelated commentary though. LOL
@SustainabilitySquad
@SustainabilitySquad Жыл бұрын
I'm interested in a rental arbitrage video. Maybe would be interesting to do a video of what you would do if you had 20k or so to invest
@EmmanuelC0403
@EmmanuelC0403 Жыл бұрын
I just turned 20 a couple months ago with 2 years of co-hosting experience for 8 properties on AirBNB for my mom. I've been managing this co-host work while maintaining decent grades at UC Berkeley as well as building up my credit score to 750 and being a landlord by leasing vacant bedrooms in a home I use to commute to school. I want to get started on my own AirBNB business as I have so many great ideas I'd like to implement, but because I'm merely a co-host I'm limited in my abilities. I feel like there is so much potential if I could just add my magic to an AirBNB which is why I'd like to start one. I don't have a lot of disposable income and therefore wary of buying a home when there's an opportunity of just subletting. I'd like to start as this KZbinr did, but his discouragement makes me take second thoughts. Am I in the position where I've got a chance? Or am I being too hopeful?
@petdrask
@petdrask 8 ай бұрын
Try it.🎉 don’t get discouraged
@thelagirl777
@thelagirl777 6 ай бұрын
Do what’s in your heart. Don’t listen to anybody.
@amandadeck2973
@amandadeck2973 6 ай бұрын
I’d subscribe
@BigD751
@BigD751 5 ай бұрын
Nice flex bro 😎 this is KZbin no one cares.
@jameskennett8666
@jameskennett8666 2 жыл бұрын
Awesome video 👍🏼 thanks for the great tips
@juquendo
@juquendo Жыл бұрын
Would you say besides your course. Is there any good ones out there with a good blueprint to follow? For ex. Like Dr Chau’s one
@britfoxy
@britfoxy Жыл бұрын
You don’t have to buy new, expensive furniture. Lots of very nice used furniture out there.
@lorainda
@lorainda 2 жыл бұрын
I think it’s a good starter way to get invested and learn if you can actually do it. Once you save enough money then you can purchase
@TikerrahYoung
@TikerrahYoung Жыл бұрын
Would you pay down or off debt before doing any real estate business
@iamdexture5147
@iamdexture5147 2 жыл бұрын
I kind of took a risky hybrid approach. Couldn't qualify for a 2nd home due to job change from w2 to 1099 Ended up doing a lease option deal at 10% 🤢 interest planning to buy in another 2 years. $2300 a month in rent/deposit/expenses overall cashflow was $1500 ish a month on average. Once I refi I'll have$60k in equity and will cash flow $ 2200-2500 per month
@Eastbaypisces
@Eastbaypisces Жыл бұрын
how was that? and how did lease option work? so u already have a home then??
@rineditor7077
@rineditor7077 2 жыл бұрын
You build equity with rental arbitrage. The LLC is where the equity is built. Businesses are sold on revenue multiples. So making 500k, and you get a 10x multiple, your business if sold is worth 5m. There is your equity.
@lewisburton1852
@lewisburton1852 Жыл бұрын
Sir, you are very delusional! Do you think any real businessman will buy a ticking time bomb?
@sterlingmarshel6299
@sterlingmarshel6299 Жыл бұрын
congrats on the stupidest comment on business by far..
@makakoloa211
@makakoloa211 2 жыл бұрын
Deep dive into arbitrage please!
@lissam8988
@lissam8988 2 жыл бұрын
I'm a mother and I really would like to start short-term rentals through arbitrage I do not have a lot of money but I really need the cash flow at first. My plan would be to do the cash flow at first build my credit buy a duplex. And move up from there.
@rome_100k
@rome_100k 2 жыл бұрын
Did you do the deep dive into rental arb??
@ChantelTGill
@ChantelTGill Жыл бұрын
Ummm, yeah no. I was really interested in starting a rental Air B&B without owning property but the info you gave does make sense. To own property for an Air B&B, I just don’t have to money to do so. It’s difficult trying to start from the bottom.
@tabbylivvy
@tabbylivvy Жыл бұрын
But you can start just like he did or wait and prolong everything. I’m moving forward and will cross those bridges when I approach them. Everybody isn’t sitting on stacks of money to just be buying property.
@Drewdoloans
@Drewdoloans 2 жыл бұрын
Going forbearance on everything is a vet move!
@ChiBusinessman
@ChiBusinessman 5 ай бұрын
That "air out of your balloon" landed the last hit on the nail for a "like" 😆
@officerjimlahey
@officerjimlahey 4 ай бұрын
Cringe
@karlyrutherford7859
@karlyrutherford7859 Жыл бұрын
I came to learn about rental arbitrage but now I want to hear more of your vocals
@andreylyubyh1116
@andreylyubyh1116 2 жыл бұрын
Thank you so much, bro
@Pinkgreentea1
@Pinkgreentea1 Жыл бұрын
Pls do a full video on rental arbitage, for a newbie like me it could be a good starting point, I just moved in to a new city it's a tourist destination and education destination many prominent college here, so the city is very promising. Also I'm doing it with my own money and since I'm a house wife I will be the cleaning and the maintenance crew myself. So I would like to learn more on the subject.
@stayer69
@stayer69 2 жыл бұрын
You need to make the rental arbitrage video based on how to get started in Airbnb with a plan to work and save towards owning airBNB. You know, as a way to get started. Like on the job training. BAM!
@ashleygibson4322
@ashleygibson4322 Жыл бұрын
What if I spent all my capitol in 3 AirBNBs and my only option is to arbitrage?
@arnoldfrancis5266
@arnoldfrancis5266 Жыл бұрын
Pleaseee do a video on rental arbitrage!! Although I agree with what you’re saying in this video. I’m currently doing it in Nairobi kenya (2 active properties with a 3rd on the way). The plan is to transition into ownership but the cashflow generated through arbitrage is a great strategy to build cashflow to then invest in ownership. I’d loveeeee to see how to successfully build it under this method especially with the plan to trantion into ownership with enough cashflow
@DavidSmith-nl5jv
@DavidSmith-nl5jv 2 жыл бұрын
Rob, do you still do consulting calls?
@Robuilt
@Robuilt 2 жыл бұрын
No, I don't sadly. I shut down that business to focus on my mentorship program. I do miss the early days though!
@Curiouslycurious008
@Curiouslycurious008 4 ай бұрын
I got my llc and I have found properties that do corporate housing can I still do air bnb under a corporate lease because my business is property and retail management. Or would I need a sub lease under the corporate lease .
@phizz600
@phizz600 2 жыл бұрын
Yup he just gave us a whole wealth strategy for the free.
@jxg1652
@jxg1652 2 жыл бұрын
Buy nice not thrice... okay, I get the argument behind it - but cigarettes will burn a Ikea table just as much as a carpenter handmade table. Same with people that never heard of plates or cutting boards and cut their carrots directly on the table. Dogs chewing on furniture. Etc.
@minettaarcher1500
@minettaarcher1500 2 жыл бұрын
True, but when you furnish your STR with quality items, you're able to charge a higher price for a quality listing. And a higher sexurity deposit. You're able to attract a better quality guest, less likely to behave in a way that will destroy the items you've invested in...at least that's been my experience. I've done both and honestly have less headaches with my quality listings.
@miguemigue127
@miguemigue127 Жыл бұрын
The "Si Mijo" got me💀
@maureenmonfore6641
@maureenmonfore6641 2 жыл бұрын
Love your videos. From one copywriter to another, you need to teach Caleb apostrophe rules. "Guru's" on the VHS tape?! On the other hand, "create Chipotle map" has me cracking up. But still!
@natt3015
@natt3015 Жыл бұрын
Hi Rob, would you please do a video on how Los Angeles 30 days rental performs and how do you attract these longer term guests? Are these listings still on Airbnb or somewhere else?
@raex839
@raex839 2 жыл бұрын
'guru' is a word that comes from my native language hindi and it literally has the same meaning as teacher/counsellor/mentor😅
@cymill66
@cymill66 Жыл бұрын
You're hilarious 😂 I learned alot though 🤝🏾
@Claybraham91
@Claybraham91 Жыл бұрын
That guy falling off the ladder at 2:15 really threw me off. It looked bad.. I hope he is okay!
@mariahwhitley4133
@mariahwhitley4133 Жыл бұрын
Can't you have tax benefits if you establish yourself as a business, have an LLC, and enter into a corporate lease?
@ColdStone52
@ColdStone52 Жыл бұрын
Yes you can I was wondering why he didn’t cover this
@philosophalex435
@philosophalex435 Жыл бұрын
I have a property in the state of Washington. I know zero but am interested in possibly turning my property into an air bnb.
@conciseyoga
@conciseyoga Жыл бұрын
YESSS! Deep dive!
@eliciachambers4329
@eliciachambers4329 Жыл бұрын
Great video!
@layoungdiddy
@layoungdiddy Жыл бұрын
I would think for this to work well you have to be in a city and an area where people would pay a lot to rent an air b&b. You’re not finding apts in LA for $1500 a month that’s in high traffic areas that this can work even city’s like Houston like the downtown area where this could work the rent is not going to be $1500.
@MeganHurst
@MeganHurst Жыл бұрын
Did you end up doing the next video on arbitrage??? Some of us took the bait and we are in the midst of it. lol
@jeremyschmidt6759
@jeremyschmidt6759 2 жыл бұрын
Yes you need to do a "Rental Arbitrage Deep Dive". Compelling reason? Chipotle. Lots. And lots. Of Chipotle.
@stonestone5829
@stonestone5829 2 жыл бұрын
How do you all find cleaners? Platforms, advertising, apps, social media?.... any tips please help
@lewisburton1852
@lewisburton1852 Жыл бұрын
what area are you in?
@akdune
@akdune Жыл бұрын
How much does your mentorship program cost?
@ssp4795
@ssp4795 Жыл бұрын
it's not passive income though. it's a hospitality business.
@ErinGeffrard
@ErinGeffrard Жыл бұрын
Super cool video bro thank you.
@jtg1465
@jtg1465 2 жыл бұрын
Too many ads here! But to the topic: how about bringing on Brian Page, the founder of “BNB Formula,” one of the first (of not THE first) course on rental arbitrage? Would be a great interview opportunity, especially in light of how things may have changed since he wrote the course.
@hannahyager6879
@hannahyager6879 2 жыл бұрын
Thank you, Rob! Glad I stayed til the end because you totally validated my plan with rental arbitrage. I view it as simply a way in to the Airbnb game. My husband and I don't have enough money to make a down payment for a house in this crazy market, so we plan to use rental arbitrage only for the first year or two. Then we'll use all the money we made to make a down payment on purchasing a house.
@jordanaz231
@jordanaz231 Жыл бұрын
any update? have you guys gotten an airbnb yet?
@hannahyager6879
@hannahyager6879 Жыл бұрын
@@jordanaz231 Not yet. The plan is to have it running by March 2023 so we can start out in the busy season. We live in FL, so we should catch the spring breakers and summer crowd around that time.
@Eastbaypisces
@Eastbaypisces Жыл бұрын
sounds like a good idea temporarily but i just dk how ppl can do it permanently , seems risky and stressful but its good u just doing it temp, let us know how it goes.
@obli475
@obli475 Жыл бұрын
the meme: "Stop it, get some help" Me: *Was harmonizing*
@jiangfitness5148
@jiangfitness5148 2 жыл бұрын
How much is the 12 month mentorship
@jackolson4316
@jackolson4316 Жыл бұрын
I would love an Airbnb arbitrage tips
@bbqworld2103
@bbqworld2103 Жыл бұрын
Good video, lots of gems 💎
@Lesbanfe
@Lesbanfe Жыл бұрын
We have a couple interested parties who will arbitrage out property and manage them from out of state. Is that a good idea? Hopefully we never have to deal with eviction again, but is it doable if they live out of state? Thanks
@heather2418
@heather2418 Жыл бұрын
I personally would not but your mileage my vary. Personally, letting someone arbitrage out of state sounds like more risk than I'm ever willing to take with my investments. And CAN they evict? I don't know. I wouldn't trust them to know local law though so it's kinda moot. Why are you even looking at out of state?? There's so many in every state you can for sure find someone who has experience in your LOCAL market, let alone your state. Good luck to you.
@therealzariyahnatalya
@therealzariyahnatalya 11 ай бұрын
please do a video on how to successfully do rental arbitrage
@TexansForChrist
@TexansForChrist 2 жыл бұрын
Except property/apartment owners now want the profits in their pockets and are saying hell no to arbitrage pitches
@playstation41
@playstation41 2 жыл бұрын
But buying a second property you need %20 percent Down right?
@urbansmith6642
@urbansmith6642 2 жыл бұрын
Getting consent from the owners of places seem to be the hardest part of this. Reasons why I went with land hacks. Why not live on the land and rent another smaller home. Easy! Guys you should really look into host camp! #hostcamp
@usmanmalik5860
@usmanmalik5860 Жыл бұрын
I'd love to own multiple properties but how do you guys bypass the high Downpayment required for owning 2nd property... In my country it's 40% for 2nd property...
@heather2418
@heather2418 Жыл бұрын
Wow that's crazy. If seller financing is a thing where you live that could work. Or maybe you could partner with a first time homebuyer so they get the discount but you both split profits. I'd check with a real estate attorney in your area, they should know what's legal and what other investors do.
@wakeup815
@wakeup815 Жыл бұрын
So what I got from this video is to own the properties you put on ARBNB
@jonanex
@jonanex 3 ай бұрын
Bruh really spitting facts, I had 2 units with great cash flow only realize one day I’m not gonna have them because I don’t own the apartment. So I’m really looking into buying a property now. Facts 💯 and funny video as well.
@AlanJoshua2011
@AlanJoshua2011 2 жыл бұрын
When you gunna have a meet up in Houston bro?
@chrisklein9110
@chrisklein9110 2 жыл бұрын
Rob -- You must have a video planned to discuss the recent Aribnb platform changes, no??
@alejandrosoto7518
@alejandrosoto7518 2 жыл бұрын
Definitely inspired
@rayanarenee
@rayanarenee Жыл бұрын
Please post about it!
@emmanuelgarcon
@emmanuelgarcon 2 жыл бұрын
Facebook market place…lol so true 🤣🤣
@03a3.
@03a3. 10 ай бұрын
Please make the rental arbitrage how to video man. Buying isn't exactly feasible for all of us
@anthonywiley6138
@anthonywiley6138 Жыл бұрын
Great video
@beastyman3035
@beastyman3035 Жыл бұрын
DEEP DRIVE INTO IT
@swanlilly100
@swanlilly100 2 жыл бұрын
What is arbitrage?
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