Why I sold my airbnb (not an april fools' joke)

Рет қаралды 20,645

Күн бұрын

Пікірлер: 66

@grahamlawlor8361 9 ай бұрын

I do like this format. What happened to that 25 unit tiny home campground thing you were building in the smokey mountains? I figured that was your big creative outlet. Haven't heard abou it in a while....

@zakkruse3097 9 ай бұрын

A long while..........

@therapyevolved9203 9 ай бұрын

I was also just thinking about this! So curious

@chris2884 9 ай бұрын

I always appreciate you guys talking about your misses more than your hits. Would be investors get much more value whether they like it or not out of videos like this.

@Al-yf7tm 9 ай бұрын

Sold my home, on a country road, in a place I don't belong, West Virginia....

@WW-re9cc 9 ай бұрын

why can you post a melody...

@TheMattLeighton 9 ай бұрын

Love this video. ROI of your happiness is a real thing!

@alexisking9620 9 ай бұрын

I love this format. You come across natural, free and funny.

@sheilakilby5162 9 ай бұрын

When it comes to STR's you are best. Thank you for always being honest. We sold a couple long term rentals, that we didn't "like".

@thatchallengechannel5800 9 ай бұрын

I sold a property that I had been fixing up to airbnb, sometimes it's about the money. I had done a cash out refi 4 months before and the value skyrocketed in the area. Walked away with 70k after paying off that new refi

@roler1973 9 ай бұрын

Rob, gracias por tu honestidad, conocer de problemas y errores que pueden surgir es algo que me ayudan mucho para tener más cuidado, pero ademas el tener idea de soluciones es excelente. Saludos

@FloraBamaGoneWild 9 ай бұрын

I feel this 💯. This was the inspiration I needed right now.

@ih458 9 ай бұрын

Really enjoying all the transparency & steady content 👌

@zakkruse3097 9 ай бұрын

Whatever happened to your tree house platform build thing? That was actually cool.

@tammyrussell-rice5508 9 ай бұрын

Rob, I think you summoned it up well when you said, you just were not passionate about it. I have just such a property myself.

@MrHamlet 9 ай бұрын

I had a feeling this video was going to pop-up. With the previous videos with you visiting properties to check on issues, I had a sneaking suspicion that you were looking to reduce opex and cut the fat. I just didn't think this video would come so soon....but it's good to see you going through such an exercise and sharing with others. I have a feeling more videos are going to be about cutting costs and where people can save money and increase income.

@toddparker8639 9 ай бұрын

I am in the position with with one of my properties. It is amazing, love the design. But it is just a few minutes further than one of our others and is struggling. Yeah we are making money but not enough to justify it. It goes on the market this month.

@valk7229 9 ай бұрын

Yeah unfortunately most of my reinvestment into my BNB has not been the fun kind. Things like HVAC parts that cost a fortune, AC duct cleaning, duct sealing, sealing around registers, replacing sauna cover, and replacing GFI outlets.

@peachesnoherb6820 9 ай бұрын

I enjoyed the singing 😂

@BuildandVentureOutdoors 8 ай бұрын

When you partner on a property how do you structure the deal between you two. How do you go about splitting profits or get paid and how much do you bank to take care of property. Can you do a video breaking down a partner deal on a property.

@joeywharton5662 9 ай бұрын

Thanks for posting this Rob. Im on the fence for an STR purchased 2 yrs ago - 2 doors over from my little cash cow Airbnb, but I don't love the new one. Bought for 240k, 75k rehab, refi'd for $360k @ 3.25, can cashflow (net) 4-5k per mo, but I'm just not inspired by it. Its in a quickly appreciating area and has a separate buildable R2 lot, so i coule build 3 more units. House with lot is on the market for 500k and I was about to list lot for 250k. I can cash out tax free as a primary, or hold and build it out, and just leverage it. Id feel relieved to sell it now, but know I'll regret it in 5 yrs. Advice anyone??

@permaculturemom9848 9 ай бұрын

Sell. Just do it.

@mram7715 9 ай бұрын

Hold it

@jasonjosephlee 9 ай бұрын

What are your thoughts on long term multifamily properties?? I have a little over 100 units as of now and I will continue to buy and hold more. Haven't really considered buying short term personally.

@ponzyy4849 9 ай бұрын

Im not going to like the short form content was nice. It was quick to the point and always extremely insightful. Very easy to digest and come back to.

@claub5438 9 ай бұрын

loved the video!

@eliot5220 9 ай бұрын

I’ve never tried ABB because I assumed it’s very risky because I guess a good costs 300-500,000 . I wonder what the margins are on them. I do typical rentals and I also rehab.

@bvssrsguntur6338 9 ай бұрын

how you do rehab? How much it costs, how do you rent it out etc?

@eliot5220 9 ай бұрын

@@bvssrsguntur6338 I find houses that need work. They are usually much less. Then I put together a scope of work and proceed with after I purchase. Usually I get a personal loan or a rehab loan if it can be done in short time period.

@bvssrsguntur6338 9 ай бұрын

@@eliot5220 Thank you for the reply Eliot! Say the market price in the area is 250K. And say it takes 75K to renovate with current costs. Say it takes 3 months to repair and 3 months to sell. If I get to buy the house for 150K, and then I spend 75K on renovation, 12K on interests (for 100K loan), my margin is 13K. 13K over 6 months of hard work is not making sense. And 2) how do you even find 150K house when the market price is 250K. 3) how much time one has to spend managing these contractors?

@eliot5220 9 ай бұрын

@@bvssrsguntur6338 I think the problem is your acquisition is too high. You should try foreclosures they will be much cheaper. I bought one in the Midwest for 34,000$ needs a lot of work. So far I’ve put about $100,000 and the sales in that town are 200,000$ average.

@realestatemindset 9 ай бұрын

Let's do a collberation!

@suffering_sucks 9 ай бұрын

Gonna be absolutely bonkers!!

@swm4196 9 ай бұрын

Thank you for sharing. Is there any good str rental market if you buy 4-5 bedrooms in any part of West Virginia? What kind of style is good ?

@Bluegrassrentalsofeky 9 ай бұрын

What are the books on the desk behind you?

@laurenarington2431 9 ай бұрын

How did you find a hotel to buy?

@TheREJesse 9 ай бұрын

Networking

@rfreeman5012 9 ай бұрын

Yep im selling still and 1031ing into long term rental. Aurbnb juice not worth the squeeze anymore.

@cayman2010 9 ай бұрын

Need a feature idea for rooftop terrace please. Something for star gazing - we live on a beautiful island.

@shawnalajame7888 9 ай бұрын

Make an observatory like spot, with a telescope and comfy seating for the area.

@jamessullivan9992 9 ай бұрын

i think your bsc to own properties outside of one county .

@Cross.Warrior 9 ай бұрын

Reasons to why I love arbitrage

@markeuringer8106 9 ай бұрын

Hi robilt. For us there’s a bit of a jam to doing str. First our city Vancouver Canada frowns upon str s and puts rules in place that limit what we can do with str s so our system points us in the direction of ltr s also our rental market is crazy high priced. We are renting out our basement suite for $2800/month as a ltr. We could probably get more money for a str but rules about str s in Vancouver narrow it down to who can host and our weather is not great all year round so the visitors could be a limiting factor in the winter time ……

@FelipeSalum 9 ай бұрын

Bring contractors from LA to build in Joshua Tree otherwise it will be a tough journey :D

@Realtyguy 9 ай бұрын

$60k in profit to build three new constructions in Joshua Tree 🤔

@Robuilt 9 ай бұрын

No, we're just putting the $120k TOWARDS the construction.

@Realtyguy 9 ай бұрын

@@Robuilt 1031?

@purekillah 9 ай бұрын

More of these short and to the point videos without the corny attempts at humor.

@markeuringer8106 9 ай бұрын

My mom can put her property up for sale $5 million obo

@2000IX 9 ай бұрын

Gig'em!

@evandawson 9 ай бұрын

Dang… FIRST!! 💪

@jillyanmacmorris5176 9 ай бұрын

GO BULLS BABY

@alexsafonov7270 8 ай бұрын

this guy is terrible. right? isnt this guy terrible? this kind of speculation in the housing market is the reason short term rentals drive rent up and communites suffer. 👎🏽

@nagyee15 9 ай бұрын

okay Rob, gotta stop these clickbaity pictures and stuff. when you were honest, and informal, things were better. good old days...

@Robuilt 9 ай бұрын

Tell me exactly what was clickbait about this title and photo?

@clayreacts 9 ай бұрын

Why are you on this kick of no video editing and one single take?

@tc3690 9 ай бұрын

This guy charges over $10,000 for his host camp. He ain’t trying to help you. Take the good and leave the courses they have to sell you.

@Robuilt 9 ай бұрын

First of all, no I don't lol. Secondly, I do have a mentorship program and it's dope. My students kill it and it's a mega-valuable place to be. I was just literally on a call 5 minutes ago where I negotiated a seller financed deal at 5% down, 2-3% interest-and then handed it to a student. And by the way, I did this in front of the whole group so they could actually learn how to go out and hunt their own deals. Lastly, my best content and education is free. So enjoy. Or don't. Either way, you're welcome.

@roler1973 9 ай бұрын

It's great that Rob is honest and talks about his mistakes which is what really makes you learn. On the other hand, he does not charge 10,000 per host camp.