We Made $7,000-$10,000/Mo. Hosting on AirBnB | Our Tips for Successful AirBnB Hosting

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Our Rich Journey

Our Rich Journey

Күн бұрын

Пікірлер: 375
@OurRichJourney
@OurRichJourney Жыл бұрын
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@GregActonCPA
@GregActonCPA 3 жыл бұрын
Buying a house with a studio apartment that I could rent out on Airbnb was the best financial decision I have ever made!
@OurRichJourney
@OurRichJourney 3 жыл бұрын
Yes! If you buy the right property with studio, the studio on Airbnb could pay for the entire mortgage!
@bjornjoseph
@bjornjoseph 2 жыл бұрын
This is literally what I'm looking for in the home buying process.
@mikesteen2509
@mikesteen2509 2 жыл бұрын
@Maria Kamboykos that’s a brilliant idea!
@DANAWORLD
@DANAWORLD 2 жыл бұрын
@@OurRichJourney pls do u have video for biggner how to set up booking setting and calendar, smart pricing?
@SandStormXII
@SandStormXII 5 жыл бұрын
A couple who hustles 💰 together 😊
@OurRichJourney
@OurRichJourney 5 жыл бұрын
That's right! :)
@lifegraphix9140
@lifegraphix9140 5 жыл бұрын
...Stays together :D
@vtheb1299
@vtheb1299 4 жыл бұрын
Why am I not surprised that you had great communication with the neighbors... :) you guys are so positive and mature. I am learning so much. Thank you!!
@cleanmystr2909
@cleanmystr2909 5 жыл бұрын
This is great information for all hosts starting out on this journey. We are a cleaning company in NYC and we specialize in Airbnb turnovers. You mentioned at 2:30 that if you are not changing sheets and cleaning yourself you should definitely be supervising those that are. I definitely agree, I think asking your cleaning service for before and after photos as well as providing them with a tailored checklists is a great starting point. As long as guests review the space as spotless (5 *****) all parties are happy!
@missdiamond4692
@missdiamond4692 3 жыл бұрын
This was excellent feedback and tip!
@smtx2117
@smtx2117 4 жыл бұрын
Little tip from someone who grew up in the hospitality industry and that would help out his parents daily: NEVER use white anything! You will spend a fortune getting it cleaned or changed! Use gray linens/sheets, walls... Make them toffy/cream colored if you want it "formal" or i found blue/teal to be well liked. White gets dirty/stains WAY too easily! And before you know it'll be cream or worse... brown (walls, sheets, pillow cases, sofas, microwave, oven, kettle, stove, chairs, tables, TOILET SEATS 🤮) and it will be uneven shades of brown...
@smythjones3879
@smythjones3879 3 жыл бұрын
I will pass make up towels work 5 property superhost
@cookingforbeginners6770
@cookingforbeginners6770 2 жыл бұрын
Great tips
@MysteryUnfold
@MysteryUnfold 4 жыл бұрын
This was a excellent, informative video. I love how everything was explained in less then 10 minutes. I can wait to start my own AirBnB business!
@williamsmorgan123
@williamsmorgan123 5 жыл бұрын
I’d love if you guys could ever do a video on what market research and price checking you did in order to locate the air bnb property without over paying for it and set your rates ! Just found this channel and loving it !!!
@altonlewis7893
@altonlewis7893 5 жыл бұрын
Great video, clear and straight to the point. Other people make their videos so complicated to understand.Great job.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Alton Lewis thank you so much!
@brayhillhouse2049
@brayhillhouse2049 5 жыл бұрын
I'm just amazed at how many of the comments you responded too. No Channel i've seen is so diligent. I'm curios what you like to give as gifts. I feel like I could improve on this front. I give a bottle of wine and Werther's Originals. I think my guests are underwhelmed!
@dmo4835
@dmo4835 4 жыл бұрын
The “hair” on the pillow comment had me laughing so hard! 😂 Great great great advice. I love how articulate you both are.
@michellevano8870
@michellevano8870 3 жыл бұрын
I had that exact experience at an air bnb and it was so gross!
@sean4060
@sean4060 3 жыл бұрын
As a 20 listing host with 5 years of experience, I can tell you very clearly how to avoid nit picky guests and who are the ones who typically leave bad reviews. 1) other HOSTS. For whatever reason, hosts are the most critical when they come as guests. I’ve always wondered why since they are in your shoes. I’ve come to the conclusion that it’s sort of how women hate other women. They see you as competition and think you should have the same or better amenities than them. 2) guests over 60 years of age. There is nothing pleasing them and they will always find an issue even when there is none. I just had one argue with me claiming that the title of my listing should be changed because I have the word “mansion”. The house is 5,500 square feet and is a mansion by most people’s standards. My description also clearly states the square footage. Yet he gave me 3 star for accuracy based on semantics. He also said I don’t have enough seating for 8 guests. I have 3 sofas in the house. He suggested I have another tv in one of the houses many living rooms. The house has a total of 5 tv’s. Unreal right ? 3) guests that ask too many questions or ask for amenities you don’t provide. E.g can you set up a kiddie pool , can you put up a Christmas tree for my stay? Etc
@yanelistriana5868
@yanelistriana5868 2 жыл бұрын
Totally truth 🙌
@Bitchcraft_76
@Bitchcraft_76 2 жыл бұрын
Wow thanks for the info...
@LouisFrancoisArt
@LouisFrancoisArt 2 жыл бұрын
I just hosted a guest who s also a host. I left things for him he did nt expect. He got mad because he was looking washer and dryer he couldnt find them when i disclosed on listing NO washer and dryer and I d ont even have pictures of them. He claimed he did nt look at the listing. Like you mentioned a lot of hosts are jealous of other hosts. I got 5 bedrooms and 2 baths .May be he wished he could have a big house like mine.
@lolabunny1157
@lolabunny1157 2 жыл бұрын
Thank you for this!!!
@TheSayLifeCoach
@TheSayLifeCoach 5 жыл бұрын
I love the tips that you gave, especially the ones about having a gift for the guests! The little touches truly count!
@anubhavmittal6422
@anubhavmittal6422 4 жыл бұрын
G
@anubhavmittal6422
@anubhavmittal6422 4 жыл бұрын
UGx
@Mr.MattsSavings
@Mr.MattsSavings 5 жыл бұрын
Another great video! I really like the idea about checking in with the neighbors. I do have one Airbnb property now and have not done that yet.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you! Our neighbors also helped when we were out of town or if something shady was happening with guest. They would call us right away about any issues. Many host will will also partner with their neighbors to run an airbnbs. For instance, we have a friend who's neighbor is a stay at home spouse and welcomes guest to the unit. She will also clean the units on occasion.
@standtallforchrist9340
@standtallforchrist9340 4 жыл бұрын
My plan is to buy a cabin on a lake, I found one for 200K. And checking nearby AIRBNBs I think I can price it at 150/night, plus cleaning fee and be competitively priced. The only drawback is it's a four hour drive, so I will have to use a local cleaning service. If I develop a good relationship with a small company, and expand to several cabins I think I can make this work. As my Grandpappy would say.... there is only one way to find out!
@tenzinpelsang1341
@tenzinpelsang1341 3 жыл бұрын
sounds sick man, good luck and update us on how it goes
@ziurziur1ify
@ziurziur1ify 3 жыл бұрын
How's business going?
@annalabossiere848
@annalabossiere848 3 жыл бұрын
Exactly my plan too. Found this cute cabin at a local lake listed for 350k (Canadian ) . Off season similar cabins are going for 250 and summer months 350 a night . It’s a great fishing lake that brings it tons of people and a super popular place for ice fishing / snowmobiling so even in winter months gets lots of business. Wondering if you ever went through with it and if so how are you doing ?
@angeldandridge-riddick3316
@angeldandridge-riddick3316 2 жыл бұрын
Awesome idea
@louiedee3805
@louiedee3805 5 жыл бұрын
excellent advice, I am renting locations with the landlords permission of course and airbnbing them. its going well.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
That is awesome! Thank you for sharing!
@davidlopez5859
@davidlopez5859 4 жыл бұрын
do they get booked alot?
@NATE2905
@NATE2905 4 жыл бұрын
How did you get your landlord approval? I’ve been trying several times and to no success
@corey1022
@corey1022 5 жыл бұрын
Good tips! My wife and I have 2 AirBnB's (Townhomes) in Raleigh, Nc and we manage it from Nyc!!! The keyless entry system we have has made that a manageable possibility with the two townhomes!!
@corey1022
@corey1022 5 жыл бұрын
From the shots you shown in the video your homes looks great by the way! Are you still listed on Airbnb?
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much. You must have some great systems in place to manage your listing from afar. We managed our California long-term rentals from Japan and having systems in place was crucial.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Since moving to Japan two years ago we dont list them anymore on Airbnb. Instead we converted them to long-term rentals.
@lucablasi4027
@lucablasi4027 5 жыл бұрын
how do you manage the Abnbs with the cleaning? Cleaning personnel have also key less access?
@ZosiaSamosiaOo
@ZosiaSamosiaOo 5 жыл бұрын
@@OurRichJourney How do you manage long-term rentals from afar?
@dpowell964
@dpowell964 5 жыл бұрын
Suggestions on white linens Costco has Charisma white towels that have a very luxury feel. Total Wine has new wines for around $5.00 just ask store clerk for wines in the dollar range you want and they have new wines monthly that is a great touch for upscale properties . The chocolates are a great touch! Just some pointers my friends use in there AirBnB.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you for the insight!
@AfroSenpai
@AfroSenpai 5 жыл бұрын
Who are the 10 salty people that did a thumbs down on this video?! They are literally giving you information on how to make more money.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
LOL! Thank you :-)
@AfroSenpai
@AfroSenpai 5 жыл бұрын
@@OurRichJourney lol I got you fam
@brettmessieh3827
@brettmessieh3827 5 жыл бұрын
Bots usually
@AfroSenpai
@AfroSenpai 5 жыл бұрын
@@brettmessieh3827 I didn't know bots could give dislikes...who programs that stuff :-S
@Investor982
@Investor982 5 жыл бұрын
They hate freedom brother
@swicheroo1
@swicheroo1 5 жыл бұрын
I experimented with Airbnb. I had a unit in my own triplex I rented out. And another unit in a fourplex. I did very well in terms of ratings--5 stars only, Superhost status--but ultimately I decided that it was just better to go long term, passive income. You're constantly managing the units--and trouble shooting--in a way that is time-consuming. Also, word of warning: I've known people who did Airbnb in a sneaky way, without squaring it with their landlords, and it became really acrimonious and anxiety-ridden. There always loomed the threat of eviction for these acquaintances.
@favored4life
@favored4life 5 жыл бұрын
We converted our basement to an AirBB and would only have 1 guest every other month or for holidays. We are thinking of turning it into a long-term rental now. We can get between $1500-$2000 This way.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
That's is awesome! We'd love to buy a house with a basement unit. So much potential with something like that. For instance, we know a couple that uses their basement unit as an art studio to teach watercolor painting as an Airbnb experience.
@favored4life
@favored4life 5 жыл бұрын
@@OurRichJourney that's so cool.
@PenniesNotPerfection
@PenniesNotPerfection 5 жыл бұрын
Wow that’s amazing!!! That’s a lot per month but it makes sense in the Bay Area. These are great tips for anyone trying to be air bnb hosts!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you!
@angier2289
@angier2289 5 жыл бұрын
Great tips. Especially the white linens. We have stayed at some Airbnb’s that had grotty leftover looking sheets with pil balls and a mishmash of different pattern and colours of towels. It takes very little effort or $ to leave a ++ impression on your guests. Oh and it has to be 100% cotton Pima or percale but do not subject your guests to polyester sheets. It makes HUGE difference for a little extra in cost.
@anthonysilva5015
@anthonysilva5015 5 жыл бұрын
GREAT video, just shared it with the wife. We are looking to buy our first property and build an AirnBnB (sp...?) on it. Some amazing advice given, thank you. Please don't take this down, I will need to review soon... lol
@anthonysilva5015
@anthonysilva5015 4 жыл бұрын
@@jaesoncortez9859 thanks!! I'll check his stuff out
@IronReef77
@IronReef77 4 жыл бұрын
Question for anyone who knows the answer. Being that your Air BnB is a property you own and it would then be your business investment, could you use it as a tax write off as far as the material you buy for the place? Like could you keep receipts for furniture, kitchen supplies, etc... and use it for taxes? Sorry if this is a dumb question
@alexandrial7133
@alexandrial7133 2 жыл бұрын
Absolutely! For any business you have you report at the end of the year what you spent for that business with your accountant as you would file business taxes. Good question.
@rareseason
@rareseason 2 жыл бұрын
Thank you for the useful tips. Just what I needed to feel confident we will be successful on our first hosting!😎
@Dra741
@Dra741 5 жыл бұрын
And you know it's amazing Airbnb a property that's so beautiful you want to share it with other people that normally can't afford to live anywhere near that area and the greatest gift that you get back from the work is that you give your clients the best that you can at that time and you strive High
@stephen6262
@stephen6262 5 жыл бұрын
You guys are amasing so much energy
@OurRichJourney
@OurRichJourney 5 жыл бұрын
WOW! Thank you so much!
@Lexlivin
@Lexlivin 2 жыл бұрын
Quick and straight to the point, great video!
@mykindaday
@mykindaday 5 жыл бұрын
This is gold!!! Thanks so much!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Our pleasure. So glad you enjoyed the video :-)
@chuckfarlie6133
@chuckfarlie6133 5 жыл бұрын
Very helpful video. Some of the topics you talked about I never really considered. Please keep posting videos, your content is valued.
@AJ-ox8xy
@AJ-ox8xy 4 жыл бұрын
Making money isn't hard per say. At least it's not entirely complex in concept. Do something that someone needs and is willing to pay for. I just started Airbnb hosting at 23 and I think over the years that I'll eventually build up a few listings where I can quite my day job and work predominantly from home. I want to homestead eventually. So Airbnbs sound like an ideal solution to producing at least a moderate income to allow me to accomplish that.
@KateKaden
@KateKaden 5 жыл бұрын
My friends are starting to do this! I just shared your video with them for the great tips!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you! We wish your friends success :-)
@KateKaden
@KateKaden 5 жыл бұрын
@@OurRichJourney She was so excited to get it and watch! Thanks for the great tips! (and while we're at it, thanks for all your other videos also! Adore your channel!)
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Kate - Thanks so much for the comment - so positive! And we just LOVE that you shared our video (sharing is caring!). Glad your friend liked it!!! :)
@bryanjimenez5845
@bryanjimenez5845 4 жыл бұрын
How did you guys start ? What do I do.🥺
@nikuonmission8892
@nikuonmission8892 5 жыл бұрын
Amziiiing!! Thank you guys for this very inspiring video!!!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much. We are so happy to inspire others to take action :-) Thats what its all about!
@Dominiqueuqinimod
@Dominiqueuqinimod 5 жыл бұрын
I’m looking to start off with my first investment property in Door County, Wisconsin. I’ve been preapproved for the loan and I have my business plan in hand. I’m excited to try this out and will be starting out with a less pricey property with a lot of perks, including location. I’ve already been in touch with other owners who use their properties as airbnb and vrbo rentals in the same area. I’m thinking I’d probably leave some nice hint water in the fridge and leave some of my soap and cleanliness products from my beauty line in the bathrooms.
@empressbryanna3673
@empressbryanna3673 4 жыл бұрын
that's great advertising.
@Dominiqueuqinimod
@Dominiqueuqinimod 4 жыл бұрын
Empress Bryanna Thanks! I think lots of folks do this, and I can see why they would.
@empressbryanna3673
@empressbryanna3673 4 жыл бұрын
@@Dominiqueuqinimod You're very smart! Good luck for the future
@Dominiqueuqinimod
@Dominiqueuqinimod 4 жыл бұрын
Empress Bryanna Aw thank you. Same to you! Love your KZbin handle by the way. Empress Bryanna!
@OurRichJourney
@OurRichJourney 3 жыл бұрын
📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire 🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass ✈Want to move to Portugal? Enroll in our Moving to Portugal Course: www.ourrichjourney.com/movingtoportugal
@ReadingTimeWithZa
@ReadingTimeWithZa 5 жыл бұрын
Great video! Christina, you losing weight?! I see you! Hair getting long, getting snatched and rich! I’m not mad!!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much! You just made Christina's day :-)
@digitalburiedtreasure2374
@digitalburiedtreasure2374 5 жыл бұрын
I've hidden $1000 somewhere on the internet. The riddle on my channel leads the way to it. Good luck looking!
@benjacksonn
@benjacksonn 5 жыл бұрын
really great value. Going to check out your channel more, because I am sure there is some hidden gems
@LiveLetThrive
@LiveLetThrive 5 жыл бұрын
I love this video and the family dynamic that you guys bring! Keep it up!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much for the love :-)
@LiveLetThrive
@LiveLetThrive 5 жыл бұрын
@@OurRichJourney I would love for you to be on my podcast. Let me know if you're interested.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Live Let Thrive thank you so much for the invite. We’ll let you know 😊
@mabel.e.kgalley9710
@mabel.e.kgalley9710 3 жыл бұрын
Smart and detailed information, thanks to both of you
@lazone903
@lazone903 4 жыл бұрын
Thanks for your experience, insight and tips on Airbnb hosting....👍👍👍 I will be trying this soon😃
@mariviento
@mariviento 5 жыл бұрын
Thank you! I have been Hosting since June 2012 and I love it. Have you stopped Hosting?
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you! We stopped hosting when we moved to Japan 2 and half years ago. We converted the properties to long-term rentals and then began to sell them. We talk about the sells in this video: kzbin.info/www/bejne/q6bIkGt_lJ5nkJo We had reached our profit point to sell and we wanted to invest the money in other places; which we will share in a future video. Thanks for asking :-)
@jkitty5256
@jkitty5256 2 жыл бұрын
Do you constantly replace linens and towels due to stains since they are white? Accidents happen so I’m always Leary of that.
@sohyeonglee4842
@sohyeonglee4842 5 жыл бұрын
Did you rent out a room or did you purchase a house/condo for your airbnb business? Any problems with airbnb-ing your units?
@mcotrone
@mcotrone 5 жыл бұрын
Congrats. Making 20k a month ;)
@sleepingsoundsoasis
@sleepingsoundsoasis 5 жыл бұрын
Please help me! lol
@sashasmith9947
@sashasmith9947 5 жыл бұрын
Who cares
@mcotrone
@mcotrone 5 жыл бұрын
@@sashasmith9947 obviously you do enough to comment
@typicalj8095
@typicalj8095 4 жыл бұрын
Michael Cotroneo AWESOME great job!
@ronramos7485
@ronramos7485 4 жыл бұрын
Michael Cotroneo hi mike. My name is Ron. Do you mind sharing, I actually have a 5 star B and B that I’ve been hosting..looking to get it to the next level...also what city do you live in?
@Stormin505
@Stormin505 5 жыл бұрын
Great Video! Love seeing new business Ideas!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much for the love :-)
@1roxtube
@1roxtube 5 жыл бұрын
Just wondering how you deal with theft of items?
@NuCents44
@NuCents44 5 жыл бұрын
Great Video! I run a Airbnb Business myself and it’s definitely a profitable business. Anyone can do it 👍
@frederickrainey3180
@frederickrainey3180 5 жыл бұрын
Oh really I'm interested
@BrokeMillennialMillionaire
@BrokeMillennialMillionaire 5 жыл бұрын
Nice, I do lots of financial videos also. I have a few rental properties in the Bay Area, and Im thinking of getting into airbnb.
@NuCents44
@NuCents44 5 жыл бұрын
Pro Exotic Lifestyle You definitely should. It’s the kind of thing that can be scaled to becoming a large source of income. Good luck 👍
@sabrinaalston1243
@sabrinaalston1243 5 жыл бұрын
What type of financial videos do you do and do you have a website
@elizabethcampbell5689
@elizabethcampbell5689 4 жыл бұрын
Excellent Video.....Thats me...i am starting this year 2020....
@timeawaytravel
@timeawaytravel 4 жыл бұрын
awesome advice looking into getting a not the airbnb business. I want to make $10,000 a month
@Danny-fs1hk
@Danny-fs1hk 5 жыл бұрын
Thank you for this wonderful, informative video!
@RaheemD
@RaheemD 5 жыл бұрын
How long did it take for you to start earning this kind of money regularly? Was it a slow process?
@OurRichJourney
@OurRichJourney 5 жыл бұрын
It didnt take too long. At first we lowered our prices to get stays and reviews. Once we had about 10 great ratings and reviews, which took about a month, we were able to raise our prices and our income went up fast.
@GregActonCPA
@GregActonCPA 3 жыл бұрын
It really depends on where you are and how much competition there is. With my Airbnb we saw success really quickly. We are located in a tourist town in South Eastern Utah.
@savelikeaprowithleah5157
@savelikeaprowithleah5157 5 жыл бұрын
Wow! Your Arabnb looks beautiful as you guys ! Thanks for sharing!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Aww :-) Thank you so much!
@zavenmargarian8254
@zavenmargarian8254 5 жыл бұрын
great CRAFTED video great tips straight to the point
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much :-)
@SgtKillmorez
@SgtKillmorez 3 жыл бұрын
Wonderful video! This is so helpful and clear!
@jade1655
@jade1655 5 жыл бұрын
excellent and CLEAR video great work guys!
@rafaelortiz904
@rafaelortiz904 3 жыл бұрын
Awesomw video, thanks for the ideas and show us how to start correct!!!
@christopherdavis575
@christopherdavis575 5 жыл бұрын
Great video! Really good information. I’m a new fan of your channel.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much for subscribing :-)
@sharidass1408
@sharidass1408 5 жыл бұрын
Awesome work! But you never mentioned if you actually owned the place or you rented it out and then did an AirBnB. If you purchased the property then what are your ROI in terms of percentages. Never the less these were awesome tips
@allako3031
@allako3031 3 жыл бұрын
Thank you for sharing this!
@melaniepetiteau
@melaniepetiteau 5 жыл бұрын
I agree on most of the things except the white sheets and towels sorry but NO I own 4 Airbnb’s in downtown my city and with experience I am telling you that most people don’t care and will stain with blood, make up even food in the bed , right now I have to buy 2 new comforters for 2 of my apartments cause they are stained with blood and make up , today I had to throw away a pair a WHITE pillow cases : cause there were stains of pink lipstick and other stuff and seriously it’s very annoying to get new sets of sheets or towels at Marshall’s or Ikea and to clean it up it’s impossible especially white bedsheets
@OurRichJourney
@OurRichJourney 5 жыл бұрын
YES. Thank you for sharing :-)
@nailyalau9360
@nailyalau9360 4 жыл бұрын
Where did you purchase your linen and towels?
@OurRichJourney
@OurRichJourney 4 жыл бұрын
IKEA! :)
@MyoungheeSack
@MyoungheeSack 3 жыл бұрын
what cleaning company do you use for aribnb?
@zay_y
@zay_y 3 жыл бұрын
Thank you I loved this it helps very much
@waynewatson1270
@waynewatson1270 3 жыл бұрын
Those were great tips, do you not do Airbnb anymore and if not why?
@michaelvazquez9475
@michaelvazquez9475 5 жыл бұрын
Congrats on all your success. Will you be looking to continue scaling your business or are you comfortable with the current workload of handling 3 properties?
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Funny you should mention that becuase we sold all three and took profits. We talk about it in this video: (How We Made $400,000 in Real Estate Profit - See Our Properties & Numbers) kzbin.info/www/bejne/q6bIkGt_lJ5nkJo
@ddchomeschool
@ddchomeschool 3 жыл бұрын
What sort of insurance did you have for your properties? Homeowner’s wouldn’t cover, right?
@brandonminer1492
@brandonminer1492 4 жыл бұрын
I have a question if you wouldn’t mind answering. Situation: I’m 25 and renting in a city but have enough to buy a home. I’m not planning on staying in this city much longer, however. There is much great rental/ air bnb opportunity in this city. Question: would it be worth it to purchase a home solely for the purpose of using it as a rental property while I continue to rent? Or would it be a better decision to purchase a home to live in first, and then go for a rental property as a second home? Thank you.
@reneetherealtor3989
@reneetherealtor3989 2 жыл бұрын
Very informative! Thank you
@luluhomes40eastfield18
@luluhomes40eastfield18 4 жыл бұрын
Thank you so much for your video! Love them. I want to use your channel to recommend some good short rental investment. We want to get more investors to invest in a building landmark (215 Piedmont Avenue NE, Atlanta, GA) for short rental. This is one of the 2 buildings in Downtown Atlanta that has no rental restrictions and the price is still low right now ($130K-$150K) and the rental potential can be over $3000-4000/month. Long term rental is about $1500-$1800.
@smithstevan1702
@smithstevan1702 2 жыл бұрын
I just bought a condo in cancun but live in the usa who should i hire to manage this airbnb? Does airbnb clean as well???
@Emily-sg8co
@Emily-sg8co Жыл бұрын
I have one mobile home can be a good air bnb or they dont accept mobile homes???
@OptimizeMyAirbnb
@OptimizeMyAirbnb 4 жыл бұрын
Love the tips and advice. Very informative for all hosts.
@renanuneza8932
@renanuneza8932 5 жыл бұрын
Do you guys own the airbnb property or u just rent them?
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Great question! Of the three Airbnbs we had going at once, we owned two of them and subletted one with permission from the landlord. Thanks again for the question :-)
@Almediale
@Almediale 5 жыл бұрын
Is the $7,000 per unit or is it including all three units?
@jessicalister
@jessicalister 5 жыл бұрын
@@Almediale At the very beginning of the video he says it's all three.
@ajpa6678
@ajpa6678 5 жыл бұрын
@BobRocksBaby shut up dingus
@joaobolzan4349
@joaobolzan4349 3 жыл бұрын
Hi guys do rent using airbnb in Portugal? If yes, whereabouts?
@AirbnbRentalEmpire
@AirbnbRentalEmpire 3 жыл бұрын
Keep crushing it! 🙂
@pearlaudelo1366
@pearlaudelo1366 5 жыл бұрын
Now living the empty nest life* Ive been thinking about put our 4bedrm house & moving into the back guesthouse on Airbnb but i cant figure out how you schedule clean time between guest. Do you lose a whole day?
@jtwarhurst
@jtwarhurst 5 жыл бұрын
Set the checkout time for say 10am for the leaving guest and the checkin time for the next guest in the afternoon so you don't lost a day and can clean in between :)
@PriMaLSunrise
@PriMaLSunrise 5 жыл бұрын
Thank you great video and informative!!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much for watching. Glad you like it :-)
@ariessarte3079
@ariessarte3079 3 жыл бұрын
hi,i love the video! i really want to learn how to do airbnb business anyway i can get a hold you guys ?
@marionwright2773
@marionwright2773 5 жыл бұрын
Hello..wondering what your net earnings were. Trying to understand the average level of monthly expense to expect, besides any mortgages. Thanks
@softpearls21
@softpearls21 4 жыл бұрын
HOw about if you rent the apartment can't really change the locks then what?
@sweetszTV
@sweetszTV 2 жыл бұрын
Do property owners still ask for the income requirements for corporate leasing?
@danielalam1360
@danielalam1360 5 жыл бұрын
Hello guys, you seem like an amazing couple! I am happy you are sharing valuable information for free at the time where others sell it. In case I want to use someone's else property to rent it. What's the procedure in terms of the agreement with the owner? what is the cost that I should consider like towels soaps tissues hairdryer gifts automatic lock... and how to clean the blankets and towels daily? Should I hire someone to do that for me? How to create an automated system so that if I had 10 properties rented that doesn't require my presence? THANK YOU IN ADVANCE
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Great questions. I'd like to answer them all but I think it would be better if you read a book that helped us a lot. See amazon link here: amzn.to/2mnj2Wp
@nathanmunoz6232
@nathanmunoz6232 3 жыл бұрын
I live in Miami Kendall I recently purchased a home beautiful big house and the garage is converted into an efficiency private entrance very cozy and clean a kitchen to cook my question is can use this for Airbnb? TYA🙏🙏🙏
@FrankGuerra
@FrankGuerra 5 жыл бұрын
Excellent video. thank you!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you so much!
@michaeladdison2997
@michaeladdison2997 5 жыл бұрын
Heard the word business several times, does that mean you should create a business entity in order to properly be seen as a business of you plan on having several properties?
@RiftVaulter
@RiftVaulter 5 жыл бұрын
Michael Addison yes of course, tax benefits are downplayed otherwise
@TheMicholopezf
@TheMicholopezf 5 жыл бұрын
You guys channel is so informative and valuable to a lot of people, incluiding myself. Once you got to the 7000 month, was that constant over a period of how many months? Or was that one of the peak income amount? Thanks in advance.
@TheMicholopezf
@TheMicholopezf 5 жыл бұрын
By the way, i live in san diego and we are looking to convert our garage into a granny flat to rent it out.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Converting your garage and renting it out is a great way to make extra income! I love the building process! As for the Airbnb income, it was fairly constant at over $7,000/mo, but one of the properties was a backyard property, so we didn't have that unit available everyday. We also phased in the AirBnBs, so we started with the house, then added the condo, then added the backyard studio. In total, we rented out on Airbnb for about 1 year before we started selling the properties and moving to Japan.
@pacificH2O
@pacificH2O 2 жыл бұрын
@@OurRichJourney Can I ask how much to convert the garage roughly? Thx! Love your videos.
@mikeashexperience9602
@mikeashexperience9602 5 жыл бұрын
Dope Video! Sending blessing your way, Keep inspiring!🎒🙌🏻
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Right on! Thank you!
@tBone20082
@tBone20082 4 жыл бұрын
Which automated locks did you go with ? With have security doors on ours ,so that fresh air can come in but still feel safe . Which leads me to second question door out side and in door -two locks . Trying to figure out a solution there
@janomakis5433
@janomakis5433 4 жыл бұрын
Thank you so much for sharing. I love your tips 💜
@sofoulini
@sofoulini 2 жыл бұрын
changing sheets every other day? I asked airbnb team and they replied that it's the client's responsibility to do that. As I am not a hotel, I am renting out my own house for short term stays. I provide the washing machine for them to use.
@AlphaRobins
@AlphaRobins 5 жыл бұрын
I love your videos, I notice your wife always give you a smirk while you begin to talk.
@OurRichJourney
@OurRichJourney 5 жыл бұрын
LOL! I noticed that too :-) Thank you!
@BobbyWashingtonvlog
@BobbyWashingtonvlog 4 жыл бұрын
Do you still have the 3 as Airbnb properties?
@textilady
@textilady 4 жыл бұрын
very good points! How are things going now with Covid?
@thefearlessinvestors
@thefearlessinvestors 5 жыл бұрын
These are great tips!
@OurRichJourney
@OurRichJourney 5 жыл бұрын
Thank you - glad you found them helpful! :)
@oliviapatricia5573
@oliviapatricia5573 5 жыл бұрын
Hi guys. Do you have a recommended website where one can buy durable housewares, linens, and amenities at a reasonable price? or any tips on saving money in this regard. I've just finished putting together a list for an apartment I renovated and plan to put on airbnb and...it's long!
@candyman190
@candyman190 4 жыл бұрын
Where do you guys have your Airbnb’s? How did you guys get started and how difficult was learning to set up an LLC, EIN, Permits for short term rentals? And also, what did you wish you had known before starting your Airbnb Business?
@candyman190
@candyman190 4 жыл бұрын
Jaeson Cortez Thank you for that! That’d be pretty amazing! How long have you been going at it now Jaeson?
@candyman190
@candyman190 4 жыл бұрын
Jaeson Cortez I’ve watched some of his videos already. I neeeded that! Thanks a ton Jaeson! I’m going to consider becoming his student.
@adraglenn9569
@adraglenn9569 5 жыл бұрын
Hello thanks for the video.. if I wanted to just do the weekends at me place and only two of the rooms would this be possible??
@YaniAmorX
@YaniAmorX 3 жыл бұрын
Any tips or advice on airb bnb with a condo ?
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