Don't be silly girl, he hides lot of informations out there, first change your mindset to allow the universe to deal with your wishes, 2 be patient is going to take up to 1 2 years + work on yourself for 2 to 3 years, 3 after that you need to feel completely rich, if you not give yourself another 7 months or more, 4 then you can now improvise 5 now you're wealthy
Brian Page Hey do you think it’s viable for a 19 yo Singaporean with a few thousand to start? How long do you think this business model will last? thanks for the help 👍🏻😁
@@brianpage5929 hi Brian,Thanks for your involvement. I'd like to connect you with a champion athlete for collaboration and intro. Please send me an email to your forward details to you. Thanks
Probably from a guy that is worth 1% of him... Now Grant is at like 3 o 4 billion no? Nice to see where this Airbnb guy is after the pandemic, Grant can we get a recap?
Sorry to bother you, but I just created a referral link By signing up with my link, you will get $34 off your first trip and I'll get $19, it's nice to help each other these days. Have a great day. www.airbnb.com/c/mesharit3?s=5&shared_item_type=9&virality_entry_point=13 and this link is for hosts: www.airbnb.com/r/mesharit3
Hi Ryan! What’ the name of the company for cleaning for the next guests? Is it “guesti”? I can’t find it. Btw, if you know any other companies in the UK that can do the same job, please let me know. Much appreciated.
I really appreciated that Grant asked about the “tough” side of the business. He asked e questions we all would have wanted to ask. I appreciate both of Grants and Brian’s different perspectives also. Thanks for this show Grant!
Gold coast has a peak and low season and lots of airbnb competition, and have quite a few people on airbnb facebook groups not making the profits the last 2 years that they previously made due to the competition. Might be better looking into Brisbane particularly the suburbs between the airport and the cbd. I do this in Melbourne and Sydney and I wouldn't spend a cent on a Brian Page course to be honest.
@@brianpage5929 Brian if you have the time, how or why does someone make above 300% per month, don't get it? Your asking that much more on Air Bnb? Weekly, monthly?
Short Term Rentals are a great way to get started into investing. It's like any other tool in your real estate tool belt. Wholesaling, flipping, turn key, buy and hold, long term tenants, and short term tenants, it's another way to generate wealth through the use of real estate. What's so fun and great about things like Airbnb though it takes traditional real estate and combines it with hospitality to create this very fun, creative, yet demanding niche that if you are able to stand out and create a place others will want to stay in you can create some serious cash flow.
Exactly!!! Number 1 skill to master is Sales/Closing. Number 2 skill is Copywriting or writing persuasively. Number 3 skill is Marketing Number 4 skill is public speaking.
I feel like the KEY to his success is LOCATION LOCATION LOCATION if the property isnt in a big city, or a college, or a tourist attraction like a beach or near where big events are always hosted then it wont rent much on a per night basis.
Yes, location is everything. No, you don't need to be in a big city/college area/tourist town do kill it on Airbnb. I explain exactly why on the free training happening tomorrow night at www.bnbformula.com
I just saw Brian's ad for his free e-book, just pay shipping deal and I bought it. I didn't take his three upsells. Not until I did my due diligence on who this guy is, which is how I got on your UA-cam interview. My business in San Francisco crashed and burned in 2020. So I'm working with realtors and living in Costa Rica. Grant, I've seen you twice in person. Once at the SFO Airport hotel, awesome. And Once at the Opryland convention center in Nashville for LegalShield. Thanks!!! Great interview. In 2022 new construction is going crazy right now. This whole country is about tourism. Be blessed, you are a blessing. GC
I just started a short term vacation rental 2 months ago. This interview was very inspirational! It helps me believe that there is a lot of money to be made in this space and that I want to expand it!
I started doing the airbnb, VRBO and home away thing with my apartment in PR back summer 2016 just before the hurricane. Great business. I personally wouldn't bring up what my plan is. As long as it's not in the lease you should be OK. Some leases do mention no one staying over 14 days but I only got some customers staying a month at a time...mainly FEMA workers though. So no one's staying more than 14 days there so they're guests right? lol. And I ran it exactly like a hotel. I have a cleaning crew and put the coffee, sugars, and equals out...the soap, nice towels, etc
I’ll throw my 2cents in because I think I’m doing this the real & hard way. There are a few problems with signing a lease for this... It’s either success of bankruptcy. The way I’m going about this (the non-debt leverage way) is calling hundreds of people per day and offering to co-host for them. I tell them “give me a month to prove this works” of course that’s not how I pitch it but I’m trying to create a low risk/low commitment situation for the client & myself. My pitch: Whatever money we make on top of the monthly rent (profit) would be split 75/25. I would be taking the 75% since I’m the new property management & will be covering expenses from here on out. This way you don’t have to sign a lease, but you would need to make a basic sales agreement to be official & make everything clear to the client. You have to creat a situation that will make the client want to do this, otherwise just covering the rent might not be enough to go through the energy of this. I call so much bullshit for the people who say there “signing leases”. Also keep in mind every fucking complex knows all your information when they run your credit. This would include the 5 or so other leases you have with other complexes across your area. I’m not saying Brian’s system doesn’t work for some people, but there’s too much stuff that doesn’t add up. Take as much advice as you want from someone who makes more money by putting asses in seats than a real product/service. Notice he would rather talk about the program he offers....
Brian, you say one does not need $ to do this Airbnb business so where does the $ come from to pay first and last + security deposit on a lease + furnishings, new locks, cleaning service, etc?
@@robertsaladino We don't charge people 300% more. We earn 300% more than rent, giving guests places to stay on Airbnb - with nightly rates that often are LESS than comparable units in our cities.
Uncle G, please tell your sound guy to fix the sound, why is there so much background noise? You inspired me to get a studio of my own with screens etc by the way :) thanks for everything
renting house in Los Angeles starts at $1500 for little 400 sqf apartment all the way to 200k month 30k sqf . if you own a rental property the best thing is to rent it for one year and see if the market goes up, change the contract and then raise the rent up. you don't have to deal with random people f up your house, neighbors all mad because random people coming and going, less parking and more. now you air bnb your Aprtment or your house if you have 2 months of down (not finding tenants)
Wow 10k in 1 week! That’s awesome! What type of property is this that pulls in that amount of cash for 1 week? Are you open to having a chat with me? Would like to know how I can do the same. And did you take Brian’s course?
Now this I am extremely famililar with. I ran 2 airbnb's in Hawaii. Monthly mortgage was $2800 to $3000 per mo. Nightly vaca rental was between $800 to $1000 with 80 to 90% occupancy. Average monthly income from 1 rental was $25,000 per month /$200,000 plus annually.
It DOES take money to need to outfit the home with furniture, kitchen appliances, dinnerware, sheets, towels, etc., everything a guest would expect to have for a short term rental. You also have to make sure that there are no deed restrictions and check with the county to make sure that there are no county restrictions for short term rental. I have done AirBNB and it is lucrative but success is highly dependent upon reviews, which means you have to keep the home immaculate. Insurance is another consideration and a cost.
Very true. Reviews are a precarious fine line to deal with and mean you basically have to pamper to every need of each guest which is tiring. With rent you have all that noise. But just like life teaches you nothing comes easy.
I liked that Grant dug into the "reality" factor on this deal. I had heard all the "too good to be true" from Brian and wanted to hear the downside too. Thank you, Grant, for asking and pressing Brian to give us those issues and challenges.
Cost/other factors - Cleaning service fee, furnishing cost, key lock cost, gardener, outsourcing phone answering, Air BnB fee, initial rental deposit, advertising fee, vacancy issue, legal counseling fees, liability insurance, just to mention a few. Also if the renter knows what you’re up to would he or she wants a bigger cut
When you put it this way, it sounds a bit stressful to do but when you do it it’s so simple 👍🏼 in high season I can cover my weekly mortgage by renting it 1 night
To furnish a place you can look into companies like Court. You can "rent" furniture long term. It comes out of your profit but if you have multiple listings so it's less of a headache
Every market is different. I’m doing this across Europe. The bottom line is you don’t need to pay someone 2k to do this. Get a lease. Get sublease rights. Put it on Airbnb.
I have been a student of Brian for over a year and a half now. I'm having a hard time in St Petersburg FL. Can't get more than $75 per night for a 2/1 and I own a triplex. I'm 15 minutes from everything. It's hard to find a good cleaning service and a good handy man. It's not that easy.
Pablo Collazo bro I live in Miami which is one of the most popular tourist destinations in America and the average rental is about $100/day if you’re lucky! Mind you rent is extremely high in Miami I did the math myself and after the monthly expenses I don’t know how anybody can make a profit maybe just break even
Pablo Collazo how many property's do you own and manage ? Because if you want to become successful it takes hard work on the beginning you might have to do it yourself in order to make money then you lease or buy another property,also how much that property will rent long term? Just a suggestion
School should be teaching you how to research into things so you don't get suckered into $1997 courses. All you need is an ability to do the math and research and use those skills to find your own opportunities. Ive been doing this type of thing for 8 years. No need for a course, but need to do research and crunch the numbers, that's all really. ua-cam.com/video/LMJFow6DvgU/v-deo.html
Yo bro , you mind if I can get your email or insta/snap so that I can ask a couple questions about it , I’m new and intrigued . Would appreciate it bro
The problem is, if you don’t have any tenants then you would be in horrible debt because you are responsible for their rent that month or year and maintenance. This is a high risk 😩
I have to say THIS was one of the best things I've listened to EVER!! You gave us so much real info to think about. Most others just touch only the bare surface, but this was awesome and gave me a greater understanding of how it works. I will definitely be looking forward to learning more. Thank you so much for doing this. I've needed a better financial situation for a while now and I truly believe this is it!! 🙏👏
I really like this concept and think this could be a life changer for me! My concern is: Why would a landlord let me relist their property on Air BnB when they could just do that themselves? Why allow a middle man ?
They may not be familiar with AirBnB or not be interested in running the units like a hotel themselves. Like Brian said, some may even be opposed to it so you may have to persuade them. They may also be comfortable with they way they are doing things and see no reason to venture out into new waters. Like, how many of your average landlords/home owners are really out here trying to be like Brian? Many just want a means of financial security and aren't comfortable with running the risk.
Landlords who own multiple properties dont have time. Its a win-win because not only is the property kept clean, no worries about vandalism, and it has a constant cash flow.
I live in Portland Oregon and the City is pushing back heavily on AirBnB rules, I would be curious how you get around any City Imposed fines and regulations on short terms rentals. With the rise in homelessness this seems like taking another unit away would cause some issues.
It’s just like having roommates! You can’t afford your rent so you get a roommate and boom rent money appears! But you don’t deal with the commitment of the same person all the time!
Looking at the low cost for an entire house Airbnb in my area, I have a hard time seeing how I could make my money back after spending a couple grand (at least) to furnish the place. There's houses that probably cost 1800 in rent only going for like 100 a night and they're probably vacant 35% of the time. That's not a lot of profit each month after utilities, cleaning fees, etc.
Yes, and you also have to have cable TV and fast wi-fi internet because short term renters expect that and someone to keep the yard mowed and weed eated and bushes trimmed. You also have to pay the utilities - water, electric and gas. It is super competitive with nightly rates being low because of all the competition. I do Airbnb and VRBO in beach towns and it is super competitive. Hard to make money when everything is added up, including furnishing the place. It is very expensive to furnish a home even modestly.
This concept has been going on for several years. There are dynamics that people typically don't pay attention to that they should before simply trying to 'convince an owner of a home' to let them sublease it. If you become construed as someone procuring rent, you are deemed (in most states) as a property manager and thus require to be in compliance in accordance with real estate licensing guidelines and accounting practices. HOA's are starting to cut down on short term leases - particularly in well off neighborhoods and creating '15 day / 30 / 45/60 day minimums'. I could go on when it comes to the nuances but needless to say - it's great to talk about high margins via AIRBNB but it won't last - as Marriott, Hilton and other larger players enter the short term leasing ecosystem - the landscape will change. And soon.
@Jermaine Dielingen I'm not being negative. I'm just pointing out the aspects of this model that are already posing an issue within the overall framework. If you don't see and adapt to the changes coming you become victim to the 'hype' of something that seems 'new and lucrative'. This model is working very well for my clients in certain areas of the country but we all know this may not last, based on sentiments of local municipalities. Having said that, we have contingency plans for the homes and units we have acquired over the years to continue generating cash flow.
its the same, you need to find the right place to rent. I'm in mtl and I was thinking about that. Maybe mtl is a redzone cause people don't come here for vacations they are here to study so it would be hard to rent for short terms. What do you think?
Appreciate this one. I like Grants questions and trying to get rid of the too good to be true stuff. Here in Brazil this whole story is not applicable as most Airbnb's make barely enough to cover the rent with 60% occupancy rate. I did my own little questionaire and all of the ~20 hosts told me they are already owning the property and just making a little more than 1 year contracts, but need to do a lot more work and having a lot more risk. Anyone getting into this overseas; analyse your market with websites like AirDNA and look for your target area. I lived in Dublin and there it seems booming though... anyway good luck!
Nick Meijer I can bet that multiple factors need to be have in count , because the use of applications like Airbnb are more common in USA and Europe but in LATAM the people is not related with that kind of things. And if you don’t be careful of where you locate your Airbnb you cant wait for an income.
How do you get around city and county restrictions. I have one and the county says i need to install a sprinkler system in a 2 bedroom house to have short term rental. My other one city says have to owner occupied to do short term rental.
Grant basicly gave us the course for free, by asking the right questions. Much appreciated!
Don't be silly girl, he hides lot of informations out there, first change your mindset to allow the universe to deal with your wishes, 2 be patient is going to take up to 1 2 years + work on yourself for 2 to 3 years, 3 after that you need to feel completely rich, if you not give yourself another 7 months or more, 4 then you can now improvise 5 now you're wealthy
@@brianpage5929 Thanks for being in the comment section!! Do you think this still is a viable formular for germany?
Brian Page Hey do you think it’s viable for a 19 yo Singaporean with a few thousand to start? How long do you think this business model will last? thanks for the help 👍🏻😁
@@brianpage5929 hi Brian,Thanks for your involvement. I'd like to connect you with a champion athlete for collaboration and intro. Please send me an email to your forward details to you. Thanks
Niso Ouertani as Zeus
I LOVE that grant is worth $900 million and sits there taking notes to learn more.
me too.
💯
Preparation favors those who study the ones most interesting to them.
You can never have enough knowledge
Probably from a guy that is worth 1% of him... Now Grant is at like 3 o 4 billion no? Nice to see where this Airbnb guy is after the pandemic, Grant can we get a recap?
This interview alone is a course. Nice one Uncle G for asking the right questions
I don't think they realize it at first, but I have a feeling them just meeting each other just created billions...
Here's a video how I made 6 figures owning no property with Grant Cardone advice: ua-cam.com/video/nBJseEbjDgk/v-deo.html
Yes I thought the same. They are talking” but in reality they are reading each other mind
Thanks Trevonious. Appreciate the sharp observation. :-)
2:32
3:08
4:16 4:26 4:30
7:05
11:20
11:38
13:38 how much you could make a month
13:44 the down side
14:17 partner ship
15:32
15:51
16:44
17:22
17:40
18:00
18:40
19:00 - 19:17
19:19
20:10-21:00 (just question could help)
21:20-21:49
21:57
22:07-22:21 RED ZONE CITY'S
22:40-22:50 naming red zone city's
23:04 - 23:37 SMALL TOWNS
23:58 - 24:13 Q: "what you make on your first deal"
24:36-25:02"let's talk about the importance of Cash flow"
A: "cash flow is the blood it makes everything happen"
2nd-A: "it allows you to do whatever you want"
26:38 26:52 - just a note "automated money"
thank you man!!
Sorry to bother you, but I just created a referral link
By signing up with my link, you will get $34 off your first trip and I'll get $19, it's nice to help each other these days.
Have a great day.
www.airbnb.com/c/mesharit3?s=5&shared_item_type=9&virality_entry_point=13
and this link is for hosts:
www.airbnb.com/r/mesharit3
I bought his course 2 years ago for $500.. Best investment I've made in myself ever.. I've got $60k in the bank and no end in sight..
Ryan Finchum nice
@oo oo he was also single and had no kids and no other prospects. I am married, have 5 kids, and 2 other businesses. YMMV
Hi Ryan! What’ the name of the company for cleaning for the next guests? Is it “guesti”? I can’t find it. Btw, if you know any other companies in the UK that can do the same job, please let me know. Much appreciated.
@@zejoao2419 but they don't do the cleaning.. They just coordinate with the cleaners and manage the listings..
@@zejoao2419 check out MaidMyHome for UK cleaners
Great credit to Grant for having another investor share his successful knowledge on his show, Just Love it all Grant.. Keep em comin buddy
Glad you got value out of it!
I really appreciated that Grant asked about the “tough” side of the business. He asked e questions we all would have wanted to ask. I appreciate both of Grants and Brian’s different perspectives also. Thanks for this show Grant!
🔥 I’m with you on this Karlie! This was a great video!
P.S. If you have any other questions about starting & growing your Airbnb business lmk.
LOVED this interview! I also LOVE how grant is realistic and says 'ok this sounds too good to be true'
Yes, he wanted to know details. Good on him!
24:22
Brian: I've made nearly $7 million in the last 2 years with that course
Grant: Cute, that's cute.
Yeah uncle G is the big fish for sure.
@@brianpage5929 Do you know much about the Australian Market? Gold Coast? I'm going to Join you program and start! Please let me know.
Gold coast has a peak and low season and lots of airbnb competition, and have quite a few people on airbnb facebook groups not making the profits the last 2 years that they previously made due to the competition. Might be better looking into Brisbane particularly the suburbs between the airport and the cbd. I do this in Melbourne and Sydney and I wouldn't spend a cent on a Brian Page course to be honest.
@@brianpage5929 Brian does seem to big in FLA if you know??
@@brianpage5929 Brian if you have the time, how or why does someone make above 300% per month, don't get it? Your asking that much more on Air Bnb? Weekly, monthly?
Who was writing down notes as they listen!🙋🏽♂️🤷🏾♂️🤫
🤔🤔
Has writing those notes made you money yet?
Why when you can just come back lol
Short Term Rentals are a great way to get started into investing. It's like any other tool in your real estate tool belt. Wholesaling, flipping, turn key, buy and hold, long term tenants, and short term tenants, it's another way to generate wealth through the use of real estate. What's so fun and great about things like Airbnb though it takes traditional real estate and combines it with hospitality to create this very fun, creative, yet demanding niche that if you are able to stand out and create a place others will want to stay in you can create some serious cash flow.
Airbnb is really rough here in Alaska but I’ve been killing it in the multifamily space! I made a few videos about it too!
ayyyyy Alaska squad where you at?
Post up your video. I'm interested in seeing it.
Super helpful! Looking into hosting my first property on Airbnb.
This dude looks awesome for 43 dang
That isn't old
My exact same thought when he said his age. I'm like WOOW He looks 30 and they're both SPITTING WISDOM
He became a millionaire in his 20’s. Think about it
Black don’t crack
Which one? They look hungover.
Exactly!!!
Number 1 skill to master is Sales/Closing.
Number 2 skill is Copywriting or writing persuasively.
Number 3 skill is Marketing
Number 4 skill is public speaking.
I feel like the KEY to his success is LOCATION LOCATION LOCATION if the property isnt in a big city, or a college, or a tourist attraction like a beach or near where big events are always hosted then it wont rent much on a per night basis.
Kevin Rowland facts... it’s hard to turn a profit in Boston like that
Yes, location is everything. No, you don't need to be in a big city/college area/tourist town do kill it on Airbnb. I explain exactly why on the free training happening tomorrow night at www.bnbformula.com
Brian Page how is it possible for a place renting out for $1200 a month generate $4k a month through airbnb?
$1200 a month is in the ghetto
Jermaine Dielingen ... right. Delusional.
I just saw Brian's ad for his free e-book, just pay shipping deal and I bought it. I didn't take his three upsells. Not until I did my due diligence on who this guy is, which is how I got on your UA-cam interview. My business in San Francisco crashed and burned in 2020. So I'm working with realtors and living in Costa Rica. Grant, I've seen you twice in person. Once at the SFO Airport hotel, awesome. And Once at the Opryland convention center in Nashville for LegalShield. Thanks!!! Great interview. In 2022 new construction is going crazy right now. This whole country is about tourism. Be blessed, you are a blessing. GC
Brian seems like an incredible guy! Congratulations on all of your success and thank you for sharing your enthusiasm for your process!
Uncle G humble enough to ask about others blueprint to success. I wish him nothing but prosperity and good health . Stay generous uncle G.
I just started a short term vacation rental 2 months ago. This interview was very inspirational! It helps me believe that there is a lot of money to be made in this space and that I want to expand it!
So how’s it going now? 2 years later?
@@Ms.TrinaASL it's going great! We are busy most of the year and have made pretty good money from it! We are actually looking to buy more.
i love how sceptical grant was. Had the exact same questions
I never like when a person is making more money teaching a business than they actually made in the business. But good information.
Every topic comes back around to Grant trying to flex 💪🏼
We love Grant's flex!
21:01 Grant,” you picked the wrong room.” 😭😭😭🍾🥂
I started doing the airbnb, VRBO and home away thing with my apartment in PR back summer 2016 just before the hurricane. Great business. I personally wouldn't bring up what my plan is. As long as it's not in the lease you should be OK. Some leases do mention no one staying over 14 days but I only got some customers staying a month at a time...mainly FEMA workers though. So no one's staying more than 14 days there so they're guests right? lol. And I ran it exactly like a hotel. I have a cleaning crew and put the coffee, sugars, and equals out...the soap, nice towels, etc
I’ll throw my 2cents in because I think I’m doing this the real & hard way. There are a few problems with signing a lease for this... It’s either success of bankruptcy.
The way I’m going about this (the non-debt leverage way) is calling hundreds of people per day and offering to co-host for them.
I tell them “give me a month to prove this works” of course that’s not how I pitch it but I’m trying to create a low risk/low commitment situation for the client & myself.
My pitch: Whatever money we make on top of the monthly rent (profit) would be split 75/25. I would be taking the 75% since I’m the new property management & will be covering expenses from here on out. This way you don’t have to sign a lease, but you would need to make a basic sales agreement to be official & make everything clear to the client.
You have to creat a situation that will make the client want to do this, otherwise just covering the rent might not be enough to go through the energy of this.
I call so much bullshit for the people who say there “signing leases”. Also keep in mind every fucking complex knows all your information when they run your credit. This would include the 5 or so other leases you have with other complexes across your area.
I’m not saying Brian’s system doesn’t work for some people, but there’s too much stuff that doesn’t add up. Take as much advice as you want from someone who makes more money by putting asses in seats than a real product/service. Notice he would rather talk about the program he offers....
Yeah I do get the whole he would rather talk about the program
Major Respect for Grant! I wish Brian could've gone deeper on the downsides/risks of this model. Great questions Grant!
Leyoner Rosario yeah I’m sure there is more
Doesn't want to mention the downsides.
Here are some.
ua-cam.com/video/PDNcYu8DFxI/v-deo.html
@@highblackboy oh for sure like almost any business
Awesome ! It just reaffirms to me what a great country it is. With the right creative idea and some bold hustle the sky is the limit!
by far the best entrepreneurial, millionare, cashflow, realestate, video ive seen PERIOD new dream job here i come
Dave Ramsey is Grant Cardone's mortal enemy 😂😂😂
Dave Ramsey sleeps well at night...
Dave Ramsey keeps people as financially stable employees, Grant takes them the rest of the way.
That was amazing! Thank you for sharing! There is lots of money to be made out there
Isaac Dueñas Love your optimism 👍🏻
@@gm2161 Thank you my friend. Where are you from?
Tourists destinations like Mexico, Costa Rica, etc are also good spots to do it if you can manage your property remotely
Brian's personality, experience and knowledge was so much appreciated! Thank you Brian and Grant!
Are you interested?
GENIUS! Much success to us all!
Was curious to know if you’ve gotten started on this venture, and if so, how is it going? This seems like a pretty great idea that I’d like to try.
Brian, you say one does not need $ to do this Airbnb business so where does the $ come from to pay first and last + security deposit on a lease + furnishings, new locks, cleaning service, etc?
Great content. Brian Page seems genuine and a straight shooter. I share his values of trading time for money ... Thanks Grant!
He's a used car sales man... Charging people 300 percent more to make money.
@@robertsaladino We don't charge people 300% more. We earn 300% more than rent, giving guests places to stay on Airbnb - with nightly rates that often are LESS than comparable units in our cities.
BEST GC VIDEO. THANKS, CHAMP!
This is my gateway out of poverty and I know it!🙏🏾
🔥 I’m with you on this Rhyatt! This was a great video!
P.S. If you have any other questions about starting & growing your Airbnb business lmk.
Uncle G, please tell your sound guy to fix the sound, why is there so much background noise?
You inspired me to get a studio of my own with screens etc by the way :) thanks for everything
Broo what paaamping...i can't believe youre here😁
renting house in Los Angeles starts at $1500 for little 400 sqf apartment all the way to 200k month 30k sqf . if you own a rental property the best thing is to rent it for one year and see if the market goes up, change the contract and then raise the rent up. you don't have to deal with random people f up your house, neighbors all mad because random people coming and going, less parking and more. now you air bnb your Aprtment or your house if you have 2 months of down (not finding tenants)
Started doing this 2weeks ago in Maun ,Botswana ,made 10k my first week
For real man? I'm in Ghana and I could use ur advice. How do I reach you?
Wow 10k in 1 week! That’s awesome! What type of property is this that pulls in that amount of cash for 1 week? Are you open to having a chat with me? Would like to know how I can do the same. And did you take Brian’s course?
How did u set it up like advertising
lmao HOW
@@Msflex11 email me- ahmeddam84@gmail.com
Great segment. Will you two be collaborating in the future? That would be awesome
Click Below Secrets To Airbnb Riches:
tinyurl.com/y3u4vfrb
Here's a video how I made 6 figures owning no property with Grant Cardone advice: ua-cam.com/video/nBJseEbjDgk/v-deo.html
Yes! Check out the training at www.bnbformula.com
Now this I am extremely famililar with. I ran 2 airbnb's in Hawaii. Monthly mortgage was $2800 to $3000 per mo. Nightly vaca rental was between $800 to $1000 with 80 to 90% occupancy. Average monthly income from 1 rental was $25,000 per month /$200,000 plus annually.
Looks good!! I’m going to do it. !
Welcome aboard! Be sure to sign up at www.bnbformula.com on the training if you haven't seen it yet.
It DOES take money to need to outfit the home with furniture, kitchen appliances, dinnerware, sheets, towels, etc., everything a guest would expect to have for a short term rental. You also have to make sure that there are no deed restrictions and check with the county to make sure that there are no county restrictions for short term rental. I have done AirBNB and it is lucrative but success is highly dependent upon reviews, which means you have to keep the home immaculate. Insurance is another consideration and a cost.
Outsourcing took care of all of that.
Very true. Reviews are a precarious fine line to deal with and mean you basically have to pamper to every need of each guest which is tiring. With rent you have all that noise. But just like life teaches you nothing comes easy.
Great interview Grant. Appreciate the knowledge
Great presentation gentlemen...loved it all!
Grant loves to show he knows numbers- any time the guest said "X% of X", then Grant would solve it lmao.
I liked that Grant dug into the "reality" factor on this deal. I had heard all the "too good to be true" from Brian and wanted to hear the downside too. Thank you, Grant, for asking and pressing Brian to give us those issues and challenges.
I remember Tai mentioning this at GC3.. Awesome concept!
Thanks David!
Absolutely love the info! Thank you both of you! 😍😍
Cost/other factors - Cleaning service fee, furnishing cost, key lock cost, gardener, outsourcing phone answering, Air BnB fee, initial rental deposit, advertising fee, vacancy issue, legal counseling fees, liability insurance, just to mention a few. Also if the renter knows what you’re up to would he or she wants a bigger cut
When you put it this way, it sounds a bit stressful to do but when you do it it’s so simple 👍🏼 in high season I can cover my weekly mortgage by renting it 1 night
To furnish a place you can look into companies like Court. You can "rent" furniture long term. It comes out of your profit but if you have multiple listings so it's less of a headache
So if you have no money how will you pay $1997 for training ??
Start a UA-cam channel make the best videos for the viewers for what you are born for.from that way you will not only earn money but also a lot more.
0% interest credit card for the first 15-18 months. Pay it when you make money.
You don’t need training. He just explained everything.
@@BSGTheMillionaireMaker He didnt explained restriction and laws. In Belgium it looks impossible doing this type of business
Every market is different. I’m doing this across Europe. The bottom line is you don’t need to pay someone 2k to do this. Get a lease. Get sublease rights. Put it on Airbnb.
This video had some great information Uncle G your freakin great man this was awesome
Uncle G!! Interview legendary Ray Dalio please!!🙏🏻
Leroy SteVen that would be interesting
Shoutout to Brian Page and the BNB Formula
Changing lives
Airbnb arbitrage is killing it right now, Robert Iacob is a beast
Zachary Laid Finding Freedom bro thanks for the plug 🤙🏼
Not sure who Robert is? Is Robert lacob another person using the trading by Brian or another person doing the same as Brian?
Grant just talked shit about ramsey and robert kyosaki got to love his attitude
I have been a student of Brian for over a year and a half now. I'm having a hard time in St Petersburg FL. Can't get more than $75 per night for a 2/1 and I own a triplex. I'm 15 minutes from everything. It's hard to find a good cleaning service and a good handy man. It's not that easy.
hmm are you in the red or profitable?
Pablo Collazo bro I live in Miami which is one of the most popular tourist destinations in America and the average rental is about $100/day if you’re lucky! Mind you rent is extremely high in Miami I did the math myself and after the monthly expenses I don’t know how anybody can make a profit maybe just break even
Pablo Collazo how many property's do you own and manage ? Because if you want to become successful it takes hard work on the beginning you might have to do it yourself in order to make money then you lease or buy another property,also how much that property will rent long term? Just a suggestion
This is so true! This has been my experience as well.
@@giovanyvega2839 Exactly! My Airbnb properties are on the beach and I have the same issues. I own the properties.
This is by far the best video ive seen on youtube
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My jaw just dropped!!! 🤤🤤
This might or seems to be what I need to look into and implement.. Great episode! Thanks so much!
Here's a video how I made 6 figures owning no property with Grant Cardone advice: ua-cam.com/video/nBJseEbjDgk/v-deo.html
@@TheUnconventionalMan Snap, imma be busy these next months😅🤞🏽🙌🏽.. Super thanks
@@Massab9 You're welcome :)
Look into it here! :-) www.bnbformula.com
@@brianpage5929 I'm on it.
Grant Cardone is the uncle I've never had lobe your videos man
Why don't they teach these things in school - it's crazy!!
Thank u for another great video!!
Apologue - Guided Self-Help & Personal Development because America doesn’t want you to know this. They want you to be a working class .
Pyramid of life
@@mox542 They don't teach this in Communist countries either. You are taught Equality, steal from the rich, distribute to the lazy people.
School should be teaching you how to research into things so you don't get suckered into $1997 courses.
All you need is an ability to do the math and research and use those skills to find your own opportunities. Ive been doing this type of thing for 8 years. No need for a course, but need to do research and crunch the numbers, that's all really.
ua-cam.com/video/LMJFow6DvgU/v-deo.html
Been doing this leasing technique since mid 2019 with AirBNB, Booking,com and Agoda. I can tell you AirBNB pays better. Very nice cashflow!
Yo bro , you mind if I can get your email or insta/snap so that I can ask a couple questions about it , I’m new and intrigued . Would appreciate it bro
I already went through his program
Was it worth it? I am in Orlando FL very big on tourism and I am thinking about it.
are you making money
@@fepro4267 I am in Tampa, FL. Would love to collaborate with you on some projects.
@@kristofergonzalez871 yea I am available just email me f.e.208 @ hotmail .com
We call that Rent to SA (service accommodation) in the UK.
The problem is, if you don’t have any tenants then you would be in horrible debt because you are responsible for their rent that month or year and maintenance. This is a high risk 😩
The rentals don't need to bre furnished? Typically air bnb units are usually furnished.
Yes. They are always furnished. Brian is saying that you, the Airbnb operator, don't need to furnish if the rental unit already is. :-)
I am still checking out the program, it seems to me that it will work. Thanks for sharing
Planing for my first property maybe two in Kenya come January, this was helpful
Mambo?Nataka kufanya airbnb lakini mtu anaanza aje
In Kenya the business is booming.. Great choice
@@goodprowealth8087 you rent property then furnish it then upload ur info on air bnb website
@@tronillamarcel5965 well thank you, maybe you could share some tips
@@goodprowealth8087 it's all about the location
I have to say THIS was one of the best things I've listened to EVER!! You gave us so much real info to think about. Most others just touch only the bare surface, but this was awesome and gave me a greater understanding of how it works. I will definitely be looking forward to learning more. Thank you so much for doing this. I've needed a better financial situation for a while now and I truly believe this is it!! 🙏👏
I was thinking the same thing grant said when he was like “ok you’re going back to the too good to be true” lol this is a gold mine!
Now I See XRP the best part is that it’s a hidden goldmine at its infancy STILL!
Grant, you are the GOAT! Asked spot on the right questions and got so much needed intel from this. Thank you sir!
This was awesome
crazy man that guys always learning. sat taking notes i love it
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I really like this concept and think this could be a life changer for me! My concern is: Why would a landlord let me relist their property on Air BnB when they could just do that themselves? Why allow a middle man ?
They may not be familiar with AirBnB or not be interested in running the units like a hotel themselves. Like Brian said, some may even be opposed to it so you may have to persuade them. They may also be comfortable with they way they are doing things and see no reason to venture out into new waters. Like, how many of your average landlords/home owners are really out here trying to be like Brian? Many just want a means of financial security and aren't comfortable with running the risk.
Landlords who own multiple properties dont have time. Its a win-win because not only is the property kept clean, no worries about vandalism, and it has a constant cash flow.
AWESOME idea. Thank you Grant
Wait. you said ask the pro, right?? Ahem..
Was expecting to find you in the comments, Sean! You are the OG AirBnB pro. Thanks for your content 🙏
I know this is more like amateur hour.
The real pro right here
Although I just checked out your guest reviews and vacancy, both are terrible for your listings #notapro
What do you do if apartments want to do background checks for apartment leases?
I live in Portland Oregon and the City is pushing back heavily on AirBnB rules, I would be curious how you get around any City Imposed fines and regulations on short terms rentals. With the rise in homelessness this seems like taking another unit away would cause some issues.
The trick is too set up your ABnB on the outskirts of a 'red' city.
Great interview. Thanks for posting!
🔥 amazing
Grant is the goat
This is #2kewl Uncle G!! Thank U guys So much for sharing this! #beinspyrd #NXTLVL
Amazing interview from a great real estate expert
It’s just like having roommates! You can’t afford your rent so you get a roommate and boom rent money appears! But you don’t deal with the commitment of the same person all the time!
GOLD UNCLE G ..... GOLD !!!!
Looking at the low cost for an entire house Airbnb in my area, I have a hard time seeing how I could make my money back after spending a couple grand (at least) to furnish the place. There's houses that probably cost 1800 in rent only going for like 100 a night and they're probably vacant 35% of the time. That's not a lot of profit each month after utilities, cleaning fees, etc.
Yes, and you also have to have cable TV and fast wi-fi internet because short term renters expect that and someone to keep the yard mowed and weed eated and bushes trimmed. You also have to pay the utilities - water, electric and gas. It is super competitive with nightly rates being low because of all the competition. I do Airbnb and VRBO in beach towns and it is super competitive. Hard to make money when everything is added up, including furnishing the place. It is very expensive to furnish a home even modestly.
"The key is to choose what you do not having to do something because you need the paycheck" 27:00
💯💯💯💯💯💯💯
🗝🗝🗝
This guy paid Grant to be on his show. He makes most of his money from selling you his ‘secrets’ you can get for free with a little google research.
Tony Samaniego lmao 😂
I believe that
this honestly makes so much sense its so simple but yet so damn effective
This concept has been going on for several years. There are dynamics that people typically don't pay attention to that they should before simply trying to 'convince an owner of a home' to let them sublease it.
If you become construed as someone procuring rent, you are deemed (in most states) as a property manager and thus require to be in compliance in accordance with real estate licensing guidelines and accounting practices.
HOA's are starting to cut down on short term leases - particularly in well off neighborhoods and creating '15 day / 30 / 45/60 day minimums'.
I could go on when it comes to the nuances but needless to say - it's great to talk about high margins via AIRBNB but it won't last - as Marriott, Hilton and other larger players enter the short term leasing ecosystem - the landscape will change. And soon.
@Jermaine Dielingen I'm not being negative. I'm just pointing out the aspects of this model that are already posing an issue within the overall framework. If you don't see and adapt to the changes coming you become victim to the 'hype' of something that seems 'new and lucrative'. This model is working very well for my clients in certain areas of the country but we all know this may not last, based on sentiments of local municipalities. Having said that, we have contingency plans for the homes and units we have acquired over the years to continue generating cash flow.
Great observation.
Thanks for this comment, can’t believe it got hate lol
@@andrewkerrill5076 🧘🏽♂️🙏
holy shit this is gold..,Thank you Uncle G and Brain!
Absolutely. Check out the training tues night at www.bnbformula.com
I see that this program is concentrated in the U.S what if I live in Montreal, Quebec, Canada ?
its the same, you need to find the right place to rent. I'm in mtl and I was thinking about that. Maybe mtl is a redzone cause people don't come here for vacations they are here to study so it would be hard to rent for short terms. What do you think?
I was really into the webinar but it abruptly stopped. What happened?
What about the HOA , can they put a stop to this?
Hell yes, the HOA can put a stop to it and they do all the time!
Appreciate this one. I like Grants questions and trying to get rid of the too good to be true stuff.
Here in Brazil this whole story is not applicable as most Airbnb's make barely enough to cover the rent with 60% occupancy rate. I did my own little questionaire and all of the ~20 hosts told me they are already owning the property and just making a little more than 1 year contracts, but need to do a lot more work and having a lot more risk.
Anyone getting into this overseas; analyse your market with websites like AirDNA and look for your target area. I lived in Dublin and there it seems booming though... anyway good luck!
Nick Meijer I can bet that multiple factors need to be have in count , because the use of applications like Airbnb are more common in USA and Europe but in LATAM the people is not related with that kind of things. And if you don’t be careful of where you locate your Airbnb you cant wait for an income.
How do you get around city and county restrictions. I have one and the county says i need to install a sprinkler system in a 2 bedroom house to have short term rental.
My other one city says have to owner occupied to do short term rental.
Go to a different city...
@@sligon00 Steve nailed it. Go elsewhere. Just like any real estate, everything is local and you have to be in the right zone to be successful.
Cities are adding regulations everyday.