My Airbnb is in an extremely densely populated market. With over 8000 Airbnb doors in town. I'm doing very very well because you have to have some thing that others don't. You need to stick out from your competitors and Rob is very good at teaching how to stick out.
Definitely need a hot tub at my Pigeon Forge house but I'm in a FEMA flood zone and can't redo my deck without spending $15K on a hydrology report. So lesson learned! Be careful where you buy a property!
Curious if you finished the video? I feel like we covered in detail who short-term rentals are working for and who is failing. It’s a great time if you take this asset class seriously. It’s a horrible time if you’re just trying to make a quick buck. The dabblers are hurting right now.
@@Robuilt I did as I do with all most all of your content. I've worked with her group to purchase 2 of my STRs. We looked in 6 different markets. Two of the markets had agents that were great resources. Four had agents more concerned with commission than having a finger on the pulse of STRs in the area. All of her content- on her channels and affiliates and on channels she speaks on. It's always a great time to buy. Has been for the several years we have followed them.
Of course she will say so. She doesn’t care if people will really make money or not. They charge you as Agent on commission and then they charge you on property management. These guys are very dishonest people.
Hi Rob, can you please do a video for the best process (suggested website and calandar) for renting out STR's to friends outside of Airbnb and property management companies? Thank you Rob!!
I built a tiny home in my backyard and been Airbnb’ing every month. Nothing fancy, but it’s new, clean and modern. No hot tub, no fancy amenities. Only 172sqft. It books out 90-95% of the time. My ROI is projected to be a little less than 2 years, then everything after that is 100% cash flow. The secret? it’s our location. So LOCATION is the most important for getting bookings and being successful in Airbnb. Research the location of your purchase well!
Hi Rob, what percentage of a property's market value would you consider the minimum acceptable to generate monthly income with an Airbnb? For example, if I purchase a property for $400,000 paid in full, how much should I aim to earn monthly for it to be a profitable investment?
what are the numbers? Location determines property tax and insurance rates, local str tax and state tax, howeowners association etc and the property type and condition determines how much it will cost to run it
@@Javy1021 bought a property in august, has been paying itself off (and its the slower months right now). expecting huge cash flow during the warmer months in my market. If you know how to set yourself up for success, you will be fine. Rob's channel has honestly help me step ahead of my competitors by a huge margin.
My Airbnb is in an extremely densely populated market. With over 8000 Airbnb doors in town. I'm doing very very well because you have to have some thing that others don't. You need to stick out from your competitors and Rob is very good at teaching how to stick out.
Definitely need a hot tub at my Pigeon Forge house but I'm in a FEMA flood zone and can't redo my deck without spending $15K on a hydrology report. So lesson learned! Be careful where you buy a property!
Informative conversation. Sharing with my airbnb fb group.
Shocking that the head of a brokerage geared for STRs, and who also has several other business verticals around STRs would say "It is a good time."
Curious if you finished the video? I feel like we covered in detail who short-term rentals are working for and who is failing. It’s a great time if you take this asset class seriously. It’s a horrible time if you’re just trying to make a quick buck. The dabblers are hurting right now.
@@Robuilt I did as I do with all most all of your content. I've worked with her group to purchase 2 of my STRs. We looked in 6 different markets. Two of the markets had agents that were great resources. Four had agents more concerned with commission than having a finger on the pulse of STRs in the area. All of her content- on her channels and affiliates and on channels she speaks on. It's always a great time to buy. Has been for the several years we have followed them.
@@airtrickProbably because it IS always a good time to buy. 🤷 😂
Assuming numbers and management are solid.
@@airtrickSo are things not working out as you projected? What market are you in?
So many dabblers. Thanks for having me on!
Definitely more competitive
Great convo!
Of course she will say so. She doesn’t care if people will really make money or not. They charge you as Agent on commission and then they charge you on property management. These guys are very dishonest people.
We don't do property management. We just act as agents for those who want to buy short term rentals.
Hi Rob, can you please do a video for the best process (suggested website and calandar) for renting out STR's to friends outside of Airbnb and property management companies? Thank you Rob!!
nice video!!! i want more of this !!
Does DFW market still work for STR?
I built a tiny home in my backyard and been Airbnb’ing every month. Nothing fancy, but it’s new, clean and modern. No hot tub, no fancy amenities. Only 172sqft. It books out 90-95% of the time. My ROI is projected to be a little less than 2 years, then everything after that is 100% cash flow. The secret? it’s our location. So LOCATION is the most important for getting bookings and being successful in Airbnb. Research the location of your purchase well!
Hi Rob, what percentage of a property's market value would you consider the minimum acceptable to generate monthly income with an Airbnb? For example, if I purchase a property for $400,000 paid in full, how much should I aim to earn monthly for it to be a profitable investment?
what are the numbers? Location determines property tax and insurance rates, local str tax and state tax, howeowners association etc and the property type and condition determines how much it will cost to run it
Lol, its over saturated! Im 15 years as airbnb hosts..
How’s san diego, ca?
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16:16
You Are completely lying every Airbnb owner is underwater or out of business already
Bought my first property in January, about to purchase a second one.
Not making a bagillion dollars.... But enough dollars to buy more airbnbs.
@ so you made enough dollars to buy another property in 10 months sound like more of the same bs huge overhead debt is what you have!
@@Javy1021 bought a property in august, has been paying itself off (and its the slower months right now). expecting huge cash flow during the warmer months in my market.
If you know how to set yourself up for success, you will be fine. Rob's channel has honestly help me step ahead of my competitors by a huge margin.
How do you confidently make sure an absurd comment and feel ok with yourself?
thisi is so boring. had to click off at 7 minutes
that's exactly why you won't ever be rich. my god your attention span is cooked
@@kamprikorn Lmao
Lol, its over saturated! Im 15 years as airbnb hosts..