How to Make $3M/Year with Airbnb Business

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 356

  • @UpFlip
    @UpFlip  Рік тому +19

    Register your free Bitrix24 account: www.bitrix24.com/~rRjv6

  • @NokthulaMadondo
    @NokthulaMadondo Рік тому +200

    Sid's passion for his business is infectious. He's dropping knowledge bombs all throughout this video. If I were in this space, I would definitely get my notebook and note down his business tips. This was sooo educational.

    • @UpFlip
      @UpFlip  Рік тому +8

      Couldn't agree more! What are your takeaways? ☺️

    • @LivingtheDRdream
      @LivingtheDRdream Рік тому +4

      except he said zero or little money needed is lie. you still money for airbnb arbitrage or 20 percent down payment for hard money loan. the only thing that you don’t need money is rent out your individual room out ( house hack )

    • @zparklezztudioz782
      @zparklezztudioz782 Рік тому +12

      I think 🤔 this what happens when a Chinese and Indian brain unite 😅. Just awesome entrepreneurship 🎉

    • @troyverdialez596
      @troyverdialez596 Рік тому

      To keep profit margins at 75-80percent occupancy. Absolute genius. if your bookings are lower the 75%, then they are too expensive, if higher, then your bookings are higher then raise the price. Gold. @@UpFlip

    • @meetube30
      @meetube30 5 місяців тому

      ​​@@zparklezztudioz782 well they are still Asian though 😂

  • @lfemmecoure
    @lfemmecoure Рік тому +45

    I have tried renting out my duplex as a vacation home in Florida and it is convenient. I made twice more then working at my full time office job.

    • @UpFlip
      @UpFlip  Рік тому +2

      Wow! That's serious profit and could turn into a full blown airbnb biz. 💪

    • @Lanainvestor
      @Lanainvestor 3 місяці тому +1

      what zip code?

  • @butterflynero
    @butterflynero Рік тому +50

    It's my first time seeing people giving actual realistic advices. I had to grab my notes. I came out with 27 points, imagine 🤯

    • @AnnaMeredith-e1m
      @AnnaMeredith-e1m 11 місяців тому +6

      "I bought a house while in college using student loans!"

    • @abdullahimussa2309
      @abdullahimussa2309 4 місяці тому

      What about sharing it here. Just take a pic of ur notes, copy and paste them from google lens(search). And thanks

  • @777Bviews
    @777Bviews Рік тому +26

    2 seconds into the video and the homes look spotless, I'd definitely stay at one of their Airbnb homes

    • @UpFlip
      @UpFlip  Рік тому +2

      Very enticing! Thanks for watching and supporting our channel! ☺️

    • @kwadwogyamfi6428
      @kwadwogyamfi6428 Рік тому

      😊😊😊😊

  • @babalolapaulayomide3987
    @babalolapaulayomide3987 Рік тому +17

    The love I have for the Airbnb business called Shortlet renting here in Nigeria is so crazy... I have learned a lot from this interview than I have gathered in the Last 2 years of gathering information on the business

    • @babalolapaulayomide3987
      @babalolapaulayomide3987 Рік тому

      I got more insight on property management for investors which is the line I’m looking into...
      Thank you for the free knowledge.

    • @UpFlip
      @UpFlip  Рік тому

      Wow! Thank you so much for the feedback. We are beyond happy that you learned a lot from this video. Good luck on your business! ❤🙏

    • @UpFlip
      @UpFlip  Рік тому

      Wow! Thank you so much for the feedback. We are beyond happy that you learned a lot from this video. Good luck on your business! ❤🙏

  • @mayraramirez8071
    @mayraramirez8071 Рік тому +7

    I own a Drywall construction company, so my funds will go real estate in the future, this my goal ❤.

    • @UpFlip
      @UpFlip  Рік тому +1

      That's a great goal @mayraramirez8071 ! What do you think your next step is?

    • @elivan1700
      @elivan1700 3 місяці тому

      Didn't wait time makes money in real estate

  • @jeffreynguyen2574
    @jeffreynguyen2574 Рік тому +18

    Did you guys see their credentials? The guy is a Wharton MBA and the wife is a Michigan MBA, UCLA undergrad in finance and Microsoft employee. No wonder his business is so organized.

    • @UpFlip
      @UpFlip  Рік тому +4

      They're a power couple! They converse in numbers and it's amazing! 🔥

    • @afrikikianimation435
      @afrikikianimation435 7 місяців тому

      That makes sense. I could tell there was something different about them. They are building synergy and looking at long term potential in both rental and human capital.

  • @TheHandyJeff
    @TheHandyJeff Рік тому +40

    Standardization is a very interesting thought not just on short term rentals but long term as well. Having the same fixtures and flooring could go a long way. And I definitely will keep this in mind for my rentals!

    • @UpFlip
      @UpFlip  Рік тому

      Thanks for sharing your thoughts @
      Jeff George - HandyJeff DIY!

  • @AndrewNguyenOfficial
    @AndrewNguyenOfficial Рік тому +22

    This video couldn’t come at a better time! I’ve been looking to start a side hustle in AirBnB.

    • @AndrewNguyenOfficial
      @AndrewNguyenOfficial Рік тому +1

      @@ajm-wu6wd I didn't even know of that issue. Thank you for pointing that out!

    • @networth00
      @networth00 Рік тому +1

      You're about 10 years too late.

  • @davismarklin
    @davismarklin Рік тому +9

    Great video! Really love how detailed they are on standardization. One thing that slightly bothered me is they are calling the $3m/year their revenue, which it is not. Their revenue is 25% of that or $750,000 if they are doing $3m in total property volume. It would be the same as Airbnb claiming their gross booking volume (e.g. every dollar going into Airbnb) as their revenue.

    • @aguiarmatth
      @aguiarmatth 3 місяці тому +1

      This is click bait but the video is completely detailed with rralistic experience

  • @miamivacation
    @miamivacation Рік тому +8

    For earning $20,000 per month you need to list $1200 per night, make sure get 80% occupancy rate every single month.I don’t think it’s truth.
    My Disney Airbnb single family house with Luxury renovation, 3500 sq ft, can host 18 guests per night, with private swimming pool and a professional home theatre,I only charge $350 per day,just got 60% occupancy rate.

    • @UpFlip
      @UpFlip  Рік тому +1

      Thanks for sharing your piece of the industry. Reason for pricing is the location! Seattle is an expensive place to be in.

    • @geoleo2597
      @geoleo2597 5 місяців тому

      Yeah some of the figures they quoted maybe are a bit unrealistic. In a perfect world 80% occupancy is great. But I think 60% is more realistic. So if you put your property on the STR market given this % you will be better off

  • @LuanaOnMaui
    @LuanaOnMaui Рік тому +80

    AirBnB’s are ruining the housing situation on Maui. People who don’t even live here buy up all these houses and condo’s for AirBnB/Vrbo. Maui people have no where for their families to LIVE because of all of the short-term rentals everywhere.

    • @V1N_574
      @V1N_574 Рік тому +16

      Yeah but with enough money you can forget about ethics and empathy. I really hate this kind of videos is just a slap in the face to everyone that can't afford a house because of businesses like this. Legally they are ok but ethically I could never seeing the state of things.

    • @LuanaOnMaui
      @LuanaOnMaui Рік тому +8

      @@V1N_574 - So true. I’m glad the people in the video are so successful at this, but these kinds of short-term rentals are an absolute nightmare here on Maui.

    • @UpFlip
      @UpFlip  Рік тому +4

      We are so sorry to hear about the situation in Maui. :(

    • @davidpham9353
      @davidpham9353 Рік тому +3

      let me guess. You are local right ? And I own 9 listings here, so whats up :)) Look like I give a F ? Just move . thats it.
      Btw, I live in San Francisco :))

    • @LuanaOnMaui
      @LuanaOnMaui Рік тому +2

      @@UpFlip - It’s the current situation here. The county and state are cracking down on the illegal short-term rentals and the nuisance ones that are located in residential neighborhoods where they don’t belong.

  • @shanellanderson9791
    @shanellanderson9791 Рік тому +14

    I LOVE THIS CHANNEL! started with the lady candle maker video last night and have been binge watching these videos ever since!! Definitely subscribed!

    • @UpFlip
      @UpFlip  Рік тому +2

      Welcome aboard @shanellanderson9791 ! So happy you're enjoying our videos! What has been your favorite so far?

    • @shanellanderson9791
      @shanellanderson9791 Рік тому +2

      @@UpFlip Ep 152! Making 100M from scratch in real estate! I took good notes from that one. Loved the tips he shared about getting a lot big enough to place two houses or a row of apartments. Those apartments with the rooftop area were so nice!!

    • @Emanuel27236
      @Emanuel27236 Рік тому

      ​@@shanellanderson9791 hello ma sorry if am disturbing you please I really wish for your assistance ma, am a African student who is finding it hard to see myself through school due to the bad polices Of the government, please any assistance from you will go a long way to help me start up something for myself, am real am not a scammer am just soliciting for help for whoever wish to help me ,you can call if you wish I can drop my contact for you God bless you as I await your your reply thank.

  • @LivingtheDRdream
    @LivingtheDRdream Рік тому +4

    i’m confuse . he said you don’t no money or very little money but then at 24 mins into the video , they require their homeowner clients to have high quality furnishing and high standard home ( which you will need a lot of money to furnish your home to his standard . everything else he said are on point and it make sense

  • @bellad1063
    @bellad1063 Рік тому +4

    Binging for months … best interview! Had to grab my notebook because of the sound information 😊

  • @paragnakhate7844
    @paragnakhate7844 Рік тому +18

    Really very informative and encouraging video.
    Its more practical hence very useful.
    Thanks a lot.

  • @SEBAYANI08
    @SEBAYANI08 Рік тому +16

    Applause and hats off! These guys are we should all strive for in regards to starting and maintaining any business. Beautiful.

    • @UpFlip
      @UpFlip  Рік тому +1

      Thank you @SEBAYANI08 ! What was your favorite part of the video?

    • @SEBAYANI08
      @SEBAYANI08 Рік тому

      @@UpFlip quite frankly all of it. I'm looking into becoming an entrepreneur and this video is like a tutorial to start a great Airbnb business AND make it succeed over time. Every bit of it was great. I can't wait to get started owning real estate.

  • @miaphillips5113
    @miaphillips5113 Рік тому +3

    Super informative video. I took away so many tips for my Airbnb. With all of the comments hating, good! More houses for me to buy 😊

  • @omarghosn8655
    @omarghosn8655 Рік тому +4

    AirBnB stories are quite misleading because it has now become very competitive and if you had started a couple years ago like this couple and have built up reviews you are much more likely to continue to be successful - much much harder for someone to come in new. Also there are many places where your rental income yield is not very good due to high property values. So not everybody can buy a house for $15,000 and rent it for $500/m...that is unheard of in many places. I love in an area where you cannot find deals so you are assured a yield of 10% or less.

  • @sirprestige8803
    @sirprestige8803 Рік тому +10

    This was soooo good. Very informative and very well presented. Kudos to you 3. Enjoyed every minute of it and saved it to watch again. Thanks

    • @UpFlip
      @UpFlip  Рік тому +1

      We appreciate your kind words! What videos would you like to see more of?

  • @mjpm7888
    @mjpm7888 Рік тому +9

    As always you never dissapoint me guys 😎

  • @konfidentlothevirgo
    @konfidentlothevirgo 9 місяців тому +2

    Great tips! Especially having the same furniture pieces in each property

  • @jessie90640
    @jessie90640 Рік тому +1

    I WAS SO EDUCATED AFTER WATCHING THIS VIDEO. GOT A LOT OF IDEAS NOW.

  • @Wisdomseeker1028
    @Wisdomseeker1028 Рік тому +8

    I love this channel! So much amazing invaluable insight into business! It's so inspiring

    • @UpFlip
      @UpFlip  Рік тому +2

      Thanks for watching and supporting our channel!

  • @righteousone1
    @righteousone1 Рік тому +8

    These type of first time investors are going to lose everything in a few years once we're deep in a recession.

    • @AnatolysMop
      @AnatolysMop 6 місяців тому

      Would be nice to see an update on this strategy.

  • @philiq18
    @philiq18 Рік тому +4

    Their transparency and insight are admirable. Kudos to them.

  • @jamescc2010
    @jamescc2010 Рік тому +1

    Host:
    1. How to handle emergencies and cost such as water leak, gas, electrical, fire, major damage to property ? What kind of agreement / contract so both host and owner are on the same page with no conflict (and law suit)?

  • @tansmay23
    @tansmay23 Рік тому +5

    Downloading this right now! Thank you!

    • @UpFlip
      @UpFlip  Рік тому +1

      You most welcome!!

  • @mayraramirez8071
    @mayraramirez8071 Рік тому +5

    Wow, wish I can work free part time weekends in exchange to learn from them for this people 😊

    • @UpFlip
      @UpFlip  Рік тому

      We certainly learned a ton from them. Thanks for watching! ☺️

  • @wackpattynacknick
    @wackpattynacknick Рік тому +3

    This couple just gave you a short versioned AirBnb MBA

    • @UpFlip
      @UpFlip  Рік тому +1

      They sure did! They're really knowledgeable and generous with their wisdom☺️

  • @vincentlim3968
    @vincentlim3968 9 місяців тому +4

    Who's your writer? Excellent interview questions!!!!! This was generously informative. Keep it up guys!

    • @UpFlip
      @UpFlip  9 місяців тому

      Thank you!! Are you also in real estate?

  • @afrikikianimation435
    @afrikikianimation435 7 місяців тому

    What the lady did with her student loans I don’t believe is legal but I am impressed.

    • @UpFlip
      @UpFlip  7 місяців тому

      She's made a very smart move! 👏

  • @BrittanyDLloyd
    @BrittanyDLloyd Рік тому +3

    This video is GOLD! Thank you for sharing....

  • @keqinzhou8070
    @keqinzhou8070 Рік тому +18

    What great content, great job NICASA thank you for selflessly share all the amazing tips, wish all the success in your business I would love to work with you!

    • @UpFlip
      @UpFlip  Рік тому +1

      Glad to hear you liked it ;)

  • @SurfLouco
    @SurfLouco Рік тому +12

    Basically the company profits between $15k to $30k per month, let's say around 250k per year profit. For the company. Then the company has to pay taxes on that $250k. Then you have more taxes if they want to take the money to their own bank account.
    So in the end, they get like 50k each or less.

    • @charliekennelly8112
      @charliekennelly8112 Рік тому +3

      Ownership is key to Airbnb's in my opinion. The equity built by renters and tax (depreciation) benefits for only a few homes is enough to retire on.

    • @onlyitj
      @onlyitj Рік тому +6

      What kind of calculation is that, they are married, you think they paid 150k tax on 250k income? The tax would be around 20 to 30 percent max. So there take home is 180k to 200k

    • @SanaatanSatyaHai
      @SanaatanSatyaHai Рік тому +4

      @@onlyitj Also its a business and there are a lot of tax havens

    • @UpFlip
      @UpFlip  Рік тому

      Thanks for sharing your thoughts! We appreciate you tuning in! Thank you! ☺️

    • @Therealclayton
      @Therealclayton Рік тому +3

      @@onlyitjright? How do you pay 150k taxes on 250k profit? 😂

  • @hosackies
    @hosackies Рік тому +6

    sounds sus that they can get 500-1k/NIGHT... that's too good to be true. And are they also implying that their fill rate is 100%?

  • @namrehh
    @namrehh Рік тому +6

    this feels like a market thats peaking

    • @UpFlip
      @UpFlip  Рік тому

      It is! We appreciate you tuning in! Thank you! ☺️

  • @geoleo2597
    @geoleo2597 5 місяців тому

    Great ideas 💡 and education. I think the very first most important factor even before location is determining the potential for STR local law changes. Many municipalities have restrictions making STRs very difficult or not feasible. I guess in Seattle STRs are not as restricted as other municipalities.
    In Hawaii being a high tourist destination STRs were booming. But the hotels and tourism boards are more politically connected than your average private homeowner. Soon after the new regulations came out many of the STR investors sold their properties, many at a loss. They didn’t have a well defined exit strategy.
    Of course no one has a crystal ball for future political changes. But due diligence should include researching the political climate of the area you’re considering buying.
    Next have a clear exit strategy in case STRs become too restrictive.

  • @Yeibiolidia
    @Yeibiolidia Рік тому +2

    I love their model and their energy

    • @UpFlip
      @UpFlip  Рік тому +1

      glad you liked this video! are you interested in having airbnb business?

  • @Lewis24hrs
    @Lewis24hrs Рік тому +1

    This is the Goal for My New Apartments in The future!

    • @UpFlip
      @UpFlip  Рік тому

      That's so cool @Lewis24hrs ! What do you think your next step will be?

  • @sutats
    @sutats Рік тому

    Did anyone else get an Airbnb ad with this video?

  • @mybootscamewithoutstraps
    @mybootscamewithoutstraps Рік тому +3

    The only thing I think about is how these people make a ton of money by making sure 22 properties cannot be purchased by others to have as their primary residence.

    • @UpFlip
      @UpFlip  Рік тому

      Thanks for sharing your opinion!

    • @sohrobby
      @sohrobby Рік тому +1

      Who cares about the housing crisis in Seattle?! As long as they get theirs right? 😂

    • @mybootscamewithoutstraps
      @mybootscamewithoutstraps Рік тому

      They get theirs and 22 other families get told to deal with it. Fair deal!@@sohrobby

  • @charitybatzlen6473
    @charitybatzlen6473 4 місяці тому

    watched more than 2 times !!! thank you for uploading

  • @keithmugisha6417
    @keithmugisha6417 Рік тому +7

    Their kids are gonna be geniuses!

    • @ahberlowkz852
      @ahberlowkz852 Рік тому

      Racist

    • @tf2368
      @tf2368 Рік тому +4

      You don’t have to be a genius for a property business

    • @JayandLisa
      @JayandLisa Рік тому

      I doubt that

    • @UpFlip
      @UpFlip  Рік тому

      Thank you for watching and engaging with the content! ☺️

  • @greekbarrios
    @greekbarrios Рік тому +1

    This is the last thing the reeling real estate market needs right now, as an Air BnB investor i think due to the similar mode of operation like WeWork, we might soon be run off the market. Essentially why i'm at large for exit measures or where to allocate $1m

  • @chetnakatyal5625
    @chetnakatyal5625 Рік тому

    thankyou for all the info...gr8 work ,both by the interviewer and interviewees !

    • @UpFlip
      @UpFlip  Рік тому

      Thank you! Are you considering running your own Airbnb biz? Hope you learned a thing two from them 💪

  • @1Don42_1Klanz
    @1Don42_1Klanz 9 місяців тому +1

    Thanx for this video. I might have to use them and see if they willing to do Miami area. I appreciate this video

    • @UpFlip
      @UpFlip  9 місяців тому

      Glad it was helpful!

  • @nicknico4121
    @nicknico4121 Рік тому +2

    Watch out for local regulations. Where I live everybody needs a hotel certification now.

    • @UpFlip
      @UpFlip  Рік тому

      That's true. Before operating any business, always consult with your local business lawyers. Curious to know where you live?

    • @nicknico4121
      @nicknico4121 Рік тому

      @@UpFlip Montreal (Canada). Law changed this year, not enough apartments available for citizens.

  • @rira12621
    @rira12621 Рік тому +3

    People: "man, housing has gotten really expensive"
    Also people: "hurray to those driving prices up"

  • @jessed6379
    @jessed6379 Рік тому +2

    Makes no sense to have 20 of the same coffee makers because if one coffee maker goes down you don't have to replace it with the same exact brand

    • @UpFlip
      @UpFlip  Рік тому

      Interesting point @jessed6379 !

    • @Andre-jp4yt
      @Andre-jp4yt Рік тому +2

      common sense is not so common.

  • @KATHIEMATA_KWREALTOR
    @KATHIEMATA_KWREALTOR 9 місяців тому

    Wow! I love what you have to offer. I'm looking into starting airbnb, thus is great information... how do you start a management co?

  • @Usctrojanduo
    @Usctrojanduo 10 місяців тому

    Sid and Eva are amazing

  • @Boostly
    @Boostly Рік тому

    26:52 don’t forget direct bookings

  • @tcb7098
    @tcb7098 Рік тому +7

    Great videos...be nice to see more online businesses.

    • @UpFlip
      @UpFlip  Рік тому

      Glad you like them @tcb7098 ! What kind of online businesses would you like to see?

    • @tcb7098
      @tcb7098 Рік тому

      @UpFlip nothing particular....just something a person could do even for a side job to make money....lot of people have ideas just don't know where to start.....I've had shopify store and had a few sales....but need faster shipping times, Aliba alternatives......or maybe a .....oh a food order business like oh .....nuts or something. Coffee is popular. Some suppliers will put your logo on the items for you for Coffee or nuts or whatever.
      I've had the pressure washer idea before.... those are good videos

  • @abhishekti
    @abhishekti 7 місяців тому

    The mind of an IITian !!

  • @pauln7029
    @pauln7029 Рік тому +3

    Nobody is renting from Airbnb, we know it ain't even worth it anymore

    • @UpFlip
      @UpFlip  Рік тому

      @pauln7029 Believe it or not, AirBnB is still reporting a 16% to 21% growth in 2023 Q1!

  • @Tom.2005
    @Tom.2005 Рік тому +3

    Did you change the thumbnail because I’ve never seen this thumbnail when I watched it last time it was a man in front of a white big house?

  • @nonsomichael3321
    @nonsomichael3321 5 місяців тому

    i learnt so much from this, you guys are doing great

    • @UpFlip
      @UpFlip  5 місяців тому

      Glad you found it helpful! Hope what you learn here helps unlock a new level of success! 🚀

  • @czxherrjamias2704
    @czxherrjamias2704 Рік тому +1

    This is amazing. I am learning so much. ❤

    • @UpFlip
      @UpFlip  Рік тому

      What are your takeaways? ☺️

  • @ladesigner8764
    @ladesigner8764 5 місяців тому +2

    Taking housing away from locals, increasing housing costs. Glad the bubble has burst. Sell your Airbnb at a fair price for locals, not tourists. Or, rent it long term to a local.

  • @michaelwolff264
    @michaelwolff264 Рік тому +28

    I make 200k a month with airbnb…

  • @rafal9405
    @rafal9405 Рік тому

    Great content. I'm aiming to start this business in Suffolk UK

    • @UpFlip
      @UpFlip  Рік тому

      Thank you! And you got this! Let us know how it goes, will you? ☺️

  • @Ray_eddi
    @Ray_eddi 7 місяців тому

    Seasoned Airbnb experts

    • @UpFlip
      @UpFlip  7 місяців тому

      They absolutely are!

  • @Sanholomc
    @Sanholomc Рік тому +10

    I didn't know you could use your student loans to buy a house

    • @ggps8161
      @ggps8161 Рік тому +2

      Its likely from the overpayments you get after tuition and books are covered.

    • @ElectroWits
      @ElectroWits Рік тому +1

      Tuition can cover many type of authorized expenses. Rent/mortgage is one of them

    • @UpFlip
      @UpFlip  Рік тому +1

      You certainly could! Thanks for watching! ☺️

  • @james33338
    @james33338 5 місяців тому

    I just got an offer declined on a home I was trying to purchase in my small coastal town I’ve lived, rented and been a community member in for almost 10 years because a guy from out of town wanted to start an airbnb and had all cash to do it.

  • @sandingo
    @sandingo Рік тому +2

    These people why home prices are so high

  • @nobodystaysawaketotheend9848
    @nobodystaysawaketotheend9848 Рік тому +5

    Toronto only allow one Airbnb property per owner and it has to be principal residence

    • @V1N_574
      @V1N_574 Рік тому +4

      Wish it was like that in the states also.

    • @UpFlip
      @UpFlip  Рік тому

      Thanks for sharing that info with the community! ☺️

  • @dr.noemachaplin7208
    @dr.noemachaplin7208 10 місяців тому

    Airbnb - is a good business.

    • @UpFlip
      @UpFlip  10 місяців тому

      You're right! Thanks for watching ☺️

  • @Lik3ToSing
    @Lik3ToSing Рік тому +2

    Hope more rules coming for airbnb

    • @UpFlip
      @UpFlip  Рік тому

      Did you learn a lot from this video? What are your takeaways? ☺️

  • @m77ast
    @m77ast Рік тому

    Really enjoyed this.
    Thanks.

    • @UpFlip
      @UpFlip  Рік тому

      Hope you learned a lot from this video! ☺️

  • @jansmith3158
    @jansmith3158 Рік тому +3

    If you are renting to renters that are "break things & you have to replace items every week or two" you are renting to the wrong people or the furniture is very cheaply made.
    Having the same furniture in all the rentals properties does not allow for someone to rent your property they dont like say the "modern style". Best to have each home individualized to attracked more rental customers to your rental property management company.
    They must make money off of the furniture sales too and this is why they push for every rental property to look the same which is very odd.
    I would not allow a property management company to dictate how I want to style/decorate my rental. To me the way they have styled these homes they are already outdated since they have decorated way to trendy.
    This comiing from a family of vacation property owners for more then 40+ years.

    • @UpFlip
      @UpFlip  Рік тому

      Really interesting insight @jansmith3158 ! Thank you so much for your comment!

    • @Andre-jp4yt
      @Andre-jp4yt Рік тому +1

      "They must make money off of the furniture sales too and this is why they push for every rental property to look the same which is very odd. " I totally missed this point. Spot on Jan.

  • @onetwo4932
    @onetwo4932 Рік тому +4

    states are breaking down on airbnbs

    • @UpFlip
      @UpFlip  Рік тому

      Thank you for taking the time to watch! ☺️

  • @nyrubin
    @nyrubin Рік тому +2

    So 900x365 doesn’t even come close to 3 million on 7 properties. But that’s renting it for 900 per day he mentioned it goes as low as 300 per day. Ama call another cap. 85% occupancy a year we’re getting further away from the 3 million a year lol

    • @UpFlip
      @UpFlip  Рік тому

      They have more properties. To learn more about it, please keep on watching! ☺️

    • @nyrubin
      @nyrubin Рік тому +1

      @@UpFlip not what the thumbnail saids lol

    • @Chiszle
      @Chiszle 6 місяців тому +1

      @@nyrubinRelevant but perhaps not on this video: Rule of thumb on house tours and the likes is that any amount thrown out there is actually double of what it really is at a yearly peak. I am a video editor and I cannot stand the amount of lying that clients expect me to just gloss over. They bend facts and numbers and I have to cut dialog and video to remove anything that gives away the truth. Lying is the norm currently.

  • @titop6152
    @titop6152 8 місяців тому +1

    What about squatters is there a video for that please explain 😅

  • @dontclickme17
    @dontclickme17 Рік тому +1

    So these guys hog up houses on the Seattle market to make millions when buying a house in Seattle isn't hard/ expensive enough. Thanks

  • @inwonderland5539
    @inwonderland5539 10 місяців тому

    People making this much on air bnb is why rent is so dang high

  • @MegaMunizaga
    @MegaMunizaga Рік тому +17

    montreal banned airbnb

    • @MegaMunizaga
      @MegaMunizaga Рік тому

      @@Wideolink 7 ppl died in a building managed by an airbnb owner not having the building up to code so the city banned them

    • @MegaMunizaga
      @MegaMunizaga Рік тому +1

      @@Wideolink downtown core to be precise

    • @UpFlip
      @UpFlip  Рік тому +1

      We're so sorry to hear about the unfortunate incident. :(

    • @KK-pm7ud
      @KK-pm7ud Рік тому

      Good

    • @lukefromtexas
      @lukefromtexas Рік тому +1

      I wish more cities would

  • @saras.raywhite
    @saras.raywhite Рік тому

    I love this. Very inspiring.

  • @marlynfana6679
    @marlynfana6679 7 місяців тому

    Great information

  • @TheSilentStrikez
    @TheSilentStrikez 4 місяці тому

    lets all do it

  • @AllyMzee-st2yk
    @AllyMzee-st2yk 5 місяців тому

    great ellaboration

  • @zinobia_honey
    @zinobia_honey 9 місяців тому

    Hopefully I can have my testimony 2025; I have sooo many projects I’m tackling. Wholesaler as well. 🔥🙌🏽‼️📿🙏🏽27 year young single mom of 3🔌💪🏽💕🥰😍 no excuses. Life is beautiful and it’s what you make it. ‼️🙌🏽

  • @turgayaydnllar1407
    @turgayaydnllar1407 Рік тому

    Thank you

    • @UpFlip
      @UpFlip  Рік тому

      You're welcome! Thanks for watching. ❤

  • @u2damoney
    @u2damoney Рік тому +3

    debt to income ratio?

    • @UpFlip
      @UpFlip  Рік тому +1

      To learn more about it, please keep on watching! ☺️

  • @simr7267
    @simr7267 Рік тому +5

    I'm sorry, but people should not be allowed to profit this way when honest working people are priced out of the market for both purchases and rentals.

    • @UpFlip
      @UpFlip  Рік тому

      Thank you for sharing your thoughts! We value all of our viewers' opinions equally.Thanks for watching! ☺️

  • @mohdnazam6466
    @mohdnazam6466 Рік тому +2

    Nice content ❤️

  • @MichelleBarhamlifestyle
    @MichelleBarhamlifestyle Рік тому

    Great information.❤

    • @UpFlip
      @UpFlip  Рік тому

      Glad it was helpful!

  • @marisolvillanuevathebuilder

    Wow he’s amazing and smart

    • @UpFlip
      @UpFlip  Рік тому

      Couldn't help but admire him at what he does too! 👊

  • @lailamuhammad6889
    @lailamuhammad6889 Рік тому

    thanks for the info.

    • @UpFlip
      @UpFlip  Рік тому

      No problem! Thanks for the support. 🙂

  • @youtubeessentials2996
    @youtubeessentials2996 7 місяців тому

    wow this video was very helpful

    • @UpFlip
      @UpFlip  7 місяців тому

      Glad you found it helpful! Did it inspire you to start exploring opportunities in this industry? ☺️

  • @gabrieltunchi1063
    @gabrieltunchi1063 3 місяці тому

    300k a year from my business

    • @UpFlip
      @UpFlip  3 місяці тому

      What's your business? ☺️

  • @spuggeddiee848
    @spuggeddiee848 2 місяці тому

    I want to get into this

    • @UpFlip
      @UpFlip  2 місяці тому

      If you want to learn the nitty gritty of starting this business, please head on over to our blog and listen to our podcast for more detailed information. Best of luck! 👊

  • @franknorth1573
    @franknorth1573 Рік тому

    How do you buy a house for $15,000 in Seattle or anywhere else for that matter Even in bum f*** Idaho it's more than 15,000 for a home

  • @Eliaschanel-te7rs
    @Eliaschanel-te7rs Рік тому

    it's cool,great idea!

    • @UpFlip
      @UpFlip  Рік тому

      Glad you like it! Thank you!

  • @anamonroy6521
    @anamonroy6521 6 місяців тому

    Do you have to buy the Toiletries and decoration or the owner does?

    • @UpFlip
      @UpFlip  6 місяців тому

      It depends! Sometimes your cleaning team can handle that for you.

  • @juicylyricstv1640
    @juicylyricstv1640 Рік тому

    Get in touch with a CPA FIRM

    • @UpFlip
      @UpFlip  Рік тому

      Noted on your suggestion ☺️

  • @gnome2024
    @gnome2024 Рік тому +2

    Im at minute 18:58... $836 just in airbnb fees is why I will never support airbnbs. Just ridiculous. You can get a nice spacious hotel in downtown for $2600 on those same dates with walking distance to everything. Or you can do boutique hotels or boutique management companies like Sonder and get a two bedroom house/apartment on those same dates for $2100 out the door. Compare that with $4,900 these people are charging. Double the price! Unbelievable.

    • @UpFlip
      @UpFlip  Рік тому +1

      Thank you for sharing your opinion! It's very important for us to hear all sides. Thanks for watching! ☺️

    • @CALIRedHood
      @CALIRedHood Рік тому +2

      You forgot to add that you get no room service and no.hotel amenities, and they expect you to wash the towels and blankets before checkout.

  • @sharminfaraj5550
    @sharminfaraj5550 Рік тому

    but if they sell all houses and buy a hotel is more easier and manageable.

  • @MaximusDecimusMeridius23
    @MaximusDecimusMeridius23 Рік тому

    yeah not everyone can DO that now and Airbnb is way too competitive now