Sub-leasing is 100% legal. That’s right. If you present yourself as the LLC, you can go around that. For every Airbnb tenant you get - declare them as your occupant for the LLC. Doesn’t matter if they’ll stay for a few days, you can declare a new occupant… as many times as you want! This allows you to “sub-lease” a property in every state/city REGARDLESS of its laws. I talk more about how I find highly profitable properties ($3,000+/month) on my masterclass. It’s in my profile description if you’re interested. #realestateinvesting #airbnbs #financialfreedom #finances #money
Thats fine!!….good luck assembling a cleaning team and responding to Airbnb queries complaints etc etc…or else forget about doing none of that and get your pay check to pay the mortgage so in a couple of years time you will enjoy the massive capital gains without any headaches
As the neighbour of someone who did this I can say it’s horrible. That becomes the party/drug/sex house for the city and the manager doesn’t care because they’re getting paid and they hide that fact from the home owner.
I live next door to my AB & I micromanage the heck out of it. Every guest I get a bad feeling from, I do a follow up phone call to make sure they read my rules. I meet with them to do a walk-through and then I tell them that I’m right next-door. They need anything , it seems to cut things down pretty quickly now. It took a while to figure it out & we had some really bad guests.
Hell no, I am sure that people who rent it for 1/2 days will be there for parties rather than for living, so doing this would damage your property and it might even get you in some trouble with law
This is true if they are local. If not, they most likely are their for travel. Also in the fine print it will be listed that there are no parties allowed., or penalties will ensue
Investing in Airbnb properties has been a lucrative venture for me. 🏡💰 It's like having your own mini-hotel empire that generates passive income month after month. By carefully selecting the right locations and providing top-notch hospitality, my Airbnb investments have consistently outperformed traditional real estate. I wasn't financially free until my 40s, and I'm still in my 40s. I've got 3 Airbnb's already, earn on a monthly basis through passive income, and achieved 3 out of 5 goals. Investing was the wise decision I made..
I wholeheartedly recommend Regina Louise Collaro, a distinguished financial advisor based in the US. Her collaboration with an international organization has been pivotal in my financial success. Regina's expert guidance has not only supported me consistently from educational investments to planning for retirement, but it has also played a critical role in significantly enhancing my wealth. Finding the right financial consultant is as vital as choosing the right life partner-both decisions shape your future profoundly. I feel incredibly fortunate to have Regina as my financial consultant, who has truly transformed my financial landscape and helped me thrive financially
That's great; your investment advisor must be really effective! I've heard from others how helpful investment advisors can be in improving financial stability. Could you share more information about this advisor?
This is a shocker seeing Regina Louise Collaro being mentioned here. I always had mixed feelings about hiring a lnvestment advisor. For the record, I started working with Alex in 2018, and he manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but he made me accept that they have wealth of information on current conditions and future trend
Be super careful with this depending on where you live! Depending on how the property is zoned, you may be operating an illegal hotel. So, definitely look up the rules and regulations in your area around this or check with a real estate lawyer before committing whole hog.
This is not an arbitrage. An arbitrage by definition means a risk free profit, but an Airbnb host takes on the risk of the guests and the risk of vacancy, for which they are compensated in this arrangement, thus the profit is not risk free.
Noting is risk free, or do you think if you get sick at your work and cant go they will pay your bills ? You have to put in the work to get it rented. If not you have to cover the cost like if you where living there. Is like renting a car you bought in Turo app if you can’t get it rented you have to pay the monthly payments.
I've rented through airbnb probably three times.I was ripped off by airbnb twice!!! And, the cancelation criteria seem to be "strict" . Now, I've moved mostly back to hotels
Real Estates happens to be one of the most profitable ventures out there but younger people must understand that the key word in all of these is "diversification" especially given the times. You shouldn't put all your eggs in one basket. I have been into Drop shipping, real estates, ETFs, crypto and stocks for a very long time but I made my first million (in profit) earlier this year from cryptocurrency alone (through the help of an IA). I also experiment with a couple of other things. Imagine what the situation would have been given in the real estates market and drop shipping if I were solely banking on them, that's a lot of profit too
Cryptocurrency has always been an effective way to make massive money in the global market and you have to be good at what you do to be able to make money,and you need dedication and concentration.
@Hannah Meyer Most people live mediocre lives as a result of wrong decisions and poor planning. I think the people who suffer are the ones who don't think about their future and don't invest. Especially investing in different streams of income has already saved many lives and taken people out of the streets of poverty.
@Hannah Meyer Simple step-by-step process, excellent communication and response,nice strategies,his name is LEWIS JAMES GODFREY.he has been of good help me to during my finance crisis..he's one of the best
Good idea until the landlord gets everything he didn’t sign up for, has his house trashed by bad Bnb guests and has to foot the bill when the subletter runs. This is why there’s a subletting clause preventing it.
Hey @guffrey 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
Rental arbitrage is by far the least valuable thing to do. Sounds good on paper but once you realize your not actually creating any value just using someone elses value and selling it at a higher price. Your basically a middleman. This is similar to dropshipping and it doesn't help the economy only your wallet. If you were to build a new property and rent it out as an airbnb you would at least be contributing something of value aka a rental property that can be sold to another person and isnt raising residential rates.
@@steeve3386 yeah I do I think its a crucial concept to care about for the betterment and stability of us as consumers, investors, and the economy as a whole. If everyone is inventing middleman positions you end up with a bunch of positions that make money but contribute pretty much nothing but inflation in an industry. To me its similar to Packaging, marketing and taking away air and then selling it for profit pretending you are doing something of value by creating a problem rather then actually planting trees to create the oxygen for people. Its similar to the difference between Selling (manipulating people into buying something they dont need) and consulting (Helping people find what they actually need). Obviously this has opinion rooted in it but when you break it all down rental arbirtrage does not benefit the greater whole of society or the economy just the person doing it.
@@brennenhrebeniuk9661 I understand your point but here is my opinion on this... I will build financial wall around my familly nothing can get through and take care of them and I will let governments take care of the economy, taxes, interest rates, inflation, housing affordability, stability of the consumers/ investors , laws etc.
Good info! I being traveling for work for more than 10 yrs now...😅😅😅 I use airbnb now..but i used to use Craigslist, student housing, hotels with weekly fees, and more...housing is very expensive now...and i am ready to start my own airbnb as well. Only because i have seen the world of working travelers! They actually need a safe place to sleep well, rest, and work...no parties, no drama. Thanks for the info!! Is it better to set up my LLC before i present myself to a landlord? Is better for tax reasons correct? Thank you!!!
👋 Great question @Ignatius Garcia. I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any other questions about starting & growing your Airbnb business lmk.
By doing this you’re likely to damage the housing, and the plumbing. As a landlord this would never fly unless I was the one doing it. I wouldn’t want that high risk with low reward.
Hey @Mista Marc 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
@@ivantejeda yes it would help. So many things to touch on though. Can be broken into many videos. Analysis tools, how to use them, talking to agencies, talking to landlords, how to furnish,....
Just like every sales you've ever seen. Most will decline, a few will be interested and a few will accept the deal after getting enough information. That's how business works
@@Breezyaon1 in this scenario the landlord is getting the same 1500. Other dude is taking any profit. People treat AirBNBs like shit. It's way better to have a long term tenant.
@@Breezyaon1 yeah profit margins would be the same for the landlord because he’s only making rent. But the increase amount of traffic if it’s in a desirable location could mean early wear.
Hey @Abny210 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
Great video as always! 👍 I have a quick question: 🤷♂️ I have a set of words 🤷♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I don't know what they are. What should I do with them? 🤷♀️
@@LordKalerran i hope you know you dont need a loan that would only be the case if youre buying the property in full.. in this case your coming to them as a short term rental company with a good business proposal you just have no clue what you're talking about
That’s what makes it a win-win lose. Yeah the customer loses another layer of fees, service fees, fees, fees, fees, commissions fees it’s not worth it. Can you say hotel?
Most middle men he's situating don't look after the house or the tenants because it's about maximising profits... e.g. a tap breaks, middle men don't fix it as they aren't the "landlord"... it's a lose lose for tenants and landlords...
Hey @Shalacy 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
Have you considered offering the landlord a couple of hundred dollars more and not having a full blown lease, but maybe just an agreement. You're essentially the property manager and pocket the rest of the profits.
Landlords prefer contracts in writing especially when dealing with strangers. Increased rental offer often isn't required - all landlords want is passive income with zero headache!
BNB PROPERTIES IS A SCAM IN EVERY WAY. DO NOT EVEN RESPOND TO THEM THEY WILL NEVER STOP CALLING YOU. CHECK THE BETTER BUSINESS BUREAU. THEY ARE HORRIBLE
👋 Great question @zxcvbnmmasdfghjkl. I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any other questions about starting & growing your Airbnb business lmk.
you decline... Simple, make it known to the landlord that you're coming to them as a LLC ready to bring business and benefits to him and his properties rather then someone who's clueless and easy to rip off. Show the landlord that what you're offering will be of benefit to them and they'll gladly do business with you. it all depends in the way you negotiate in which not many people are good at.
because it's hard. You don't want to be working on managing a short term rental because there's real work involved and you gotta do it right or you'll be banned from many websites.
Airbnb people listen up those that are hosting we have to try harder in decorating your home. Some of these houses are boring and lame. I can sit here and call out a couple of you that host in Kissimmee and Orlando Florida but I’m pretty sure you’ll be the ones to get mad at this comment. But try harder or get off Airbnb all together thank you 🙏
I don't know any landlords in my city that would go for this. WHY would somebody only staying for a night be better than someone that permanently lives there? There have been SO many cases here where places get totally trashed cuz asshole party freaks AirBnb a place and just bounce.
Including "No parties" in the agreements, adding cameras on the outside of the homes, and installing a noise monitor inside the homes will prevent this.
Then why aren't they? Why isn't every landlord doing airbnb? Cos they don't want to. This guy is willing to do work that the LL isn't. And for that he is rewarded money
I thought abt this. It’s a great idea, but you also have to furnish the place… pay for electricity, gas etc… in todays market with energy and utility costs, and literally the cost of everything, it may not make too much sense. I guess location plus a big part into this. Obviously u need a place that is occupied at least 20 days a month..
Hey Michael👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
It says your webinar expired. I really want your class and I'm interested in what courses you have to offer along with any bonuses you may include. Can you please send me a link?
From my experience Airbnb does work but found maintenance increased. An god help you if you rent it to someone that had a party. My best Airbnb experience was when a corporate company rented it out(almost a year).
Hey Adrian 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
I have a condo. I would love to know how to Airbnb to earn extra income for my family since I 'm a single mom. Please your feedback. I learned so much from you ❤❤🙏🙏
Hey Chris 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
Of course it would. You have a "normal" tenant paying the rent each month, and he doesn't live there! If they stopped paying, Do you know how easy it is to evict a tenant who doesn't even live there?? It's the Ideal scenario for a Landlord.
Hey @thelivinvibe 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.
![How To Set Up A $2,500/Mo Airbnb In 84 Days [9 STEPS]](/img/n.gif)
Sub-leasing is 100% legal.
That’s right. If you present yourself as the LLC, you can go around that.
For every Airbnb tenant you get - declare them as your occupant for the LLC.
Doesn’t matter if they’ll stay for a few days, you can declare a new occupant… as many times as you want!
This allows you to “sub-lease” a property in every state/city REGARDLESS of its laws.
I talk more about how I find highly profitable properties ($3,000+/month) on my masterclass.
It’s in my profile description if you’re interested.
#realestateinvesting #airbnbs #financialfreedom #finances #money
Need agreement from mortgage vender however
This won't work and will have you be evicted. Good luck
@@irshviralvideo why is it working for him and many others? Don’t knock something until you educate yourself on it.
What is the addendum called?
I can’t see the link to the free info.
Or landlord "Thanks for the idea punk, I will try that myself"
Correct
Then they’d have to deal with the headache
@@alexxccccxbbb9952 : only they?
Thats fine!!….good luck assembling a cleaning team and responding to Airbnb queries complaints etc etc…or else forget about doing none of that and get your pay check to pay the mortgage so in a couple of years time you will enjoy the massive capital gains without any headaches
@@alexxccccxbbb9952 Yeah, you’d have to deal with all the headaches instead LOL
As the neighbour of someone who did this I can say it’s horrible. That becomes the party/drug/sex house for the city and the manager doesn’t care because they’re getting paid and they hide that fact from the home owner.
Shouldn’t happen in a properly operated Airbnb
Same is the risk factors of normal renting a property.. what's the difference Airbnb is making then
I live next door to my AB & I micromanage the heck out of it. Every guest I get a bad feeling from, I do a follow up phone call to make sure they read my rules. I meet with them to do a walk-through and then I tell them that I’m right next-door. They need anything , it seems to cut things down pretty quickly now. It took a while to figure it out & we had some really bad guests.
You just live in a crappy place
@@kimberiysmarketstrategyhow did you refine and perfect getting good guests ? Thanks
You just need to find a landlord that would actually allow this.
...which is none.
Hell no, I am sure that people who rent it for 1/2 days will be there for parties rather than for living, so doing this would damage your property and it might even get you in some trouble with law
This is true if they are local. If not, they most likely are their for travel. Also in the fine print it will be listed that there are no parties allowed., or penalties will ensue
Investing in Airbnb properties has been a lucrative venture for me. 🏡💰 It's like having your own mini-hotel empire that generates passive income month after month. By carefully selecting the right locations and providing top-notch hospitality, my Airbnb investments have consistently outperformed traditional real estate. I wasn't financially free until my 40s, and I'm still in my 40s. I've got 3 Airbnb's already, earn on a monthly basis through passive income, and achieved 3 out of 5 goals. Investing was the wise decision I made..
Nice one,any investment tip? I would love to know how you made it this far and follow your steps
I wholeheartedly recommend Regina Louise Collaro, a distinguished financial advisor based in the US. Her collaboration with an international organization has been pivotal in my financial success. Regina's expert guidance has not only supported me consistently from educational investments to planning for retirement, but it has also played a critical role in significantly enhancing my wealth. Finding the right financial consultant is as vital as choosing the right life partner-both decisions shape your future profoundly. I feel incredibly fortunate to have Regina as my financial consultant, who has truly transformed my financial landscape and helped me thrive financially
That's great; your investment advisor must be really effective! I've heard from others how helpful investment advisors can be in improving financial stability. Could you share more information about this advisor?
you can easily find her information by doing a quick search. Feel free to reach out to her directly with any questions you may have.
This is a shocker seeing Regina Louise Collaro being mentioned here. I always had mixed feelings about hiring a lnvestment advisor. For the record, I started working with Alex in 2018, and he manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but he made me accept that they have wealth of information on current conditions and future trend
Be super careful with this depending on where you live!
Depending on how the property is zoned, you may be operating an illegal hotel.
So, definitely look up the rules and regulations in your area around this or check with a real estate lawyer before committing whole hog.
Not to mention that if you get caught the city has absolutely no problem throwing the book at you
This is very true!
as long as you get the property under a lease addendum and the agreement from the landlord you have nothing to worry about :)
This is not an arbitrage. An arbitrage by definition means a risk free profit, but an Airbnb host takes on the risk of the guests and the risk of vacancy, for which they are compensated in this arrangement, thus the profit is not risk free.
This needs more likes.
Noting is risk free, or do you think if you get sick at your work and cant go they will pay your bills ? You have to put in the work to get it rented. If not you have to cover the cost like if you where living there. Is like renting a car you bought in Turo app if you can’t get it rented you have to pay the monthly payments.
@@christianborrero exactly. And therefore it is incorrect to imply that this strategy is risk free by calling it an arbitrage.
It's a form of arbitrage. All good businesses have an element of risk - if it was guaranteed everyone would do it (including you)!
Yup this isn't arbitrage at all. Arbitrage is making money by taking both sides and keeping the difference, basically.
Is this the “Mr. Beast collab with me guy”?
I've rented through airbnb probably three
times.I was ripped off by airbnb twice!!! And, the cancelation criteria seem to
be "strict" . Now, I've moved mostly back to hotels
Do you know you can also earn from Airbnb even without owning a property, reply if you are interested
Real Estates happens to be one of the most profitable ventures out there but younger people must understand that the key word in all of these is "diversification" especially given the times. You shouldn't put all your eggs in one basket. I have been into Drop shipping, real estates, ETFs, crypto and stocks for a very long time but I made my first million (in profit) earlier this year from cryptocurrency alone (through the help of an IA). I also experiment with a couple of other things. Imagine what the situation would have been given in the real estates market and drop shipping if I were solely banking on them, that's a lot of profit too
Cryptocurrency has always been an effective way to make massive money in the global market and you have to be good at what you do to be able to make money,and you need dedication and concentration.
@Hannah Meyer Most people live mediocre lives as a result of wrong decisions and poor planning. I think the people who suffer are the ones who don't think about their future and don't invest. Especially investing in different streams of income has already saved many lives and taken people out of the streets of poverty.
@Hannah Meyer Simple step-by-step process, excellent communication and response,nice strategies,his name is LEWIS JAMES GODFREY.he has been of good help me to during my finance crisis..he's one of the best
just do a quick research on the web about the professional,where I believe you can approach him from using his full name
LEWIS JAMES GODFREY
business professionals don't Airbnb we get hotels payed for
Some do
If you are a professional then you would know how to spell paid
@@ndspeedster😂😂😂😭😭😭
yoo im dead
@@ndspeedster😭😭😭 Goteem
I've rented through airbnb probably three times.I was ripped off by airbnb twice!!
Not sure if your property would be in better shape with short term rental probably the opposite way
So what happens when you’re not making enough to finish paying for the lease
Good idea until the landlord gets everything he didn’t sign up for, has his house trashed by bad Bnb guests and has to foot the bill when the subletter runs. This is why there’s a subletting clause preventing it.
Hey @guffrey 👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
What about Airbnb regulations / state / city ordinances
i have 7 airbnb properties in vacouver and NY a making 25K a month from each.thankyou
Quality! That will burn lots of haters here
..that works great, until it doesn't. Like insurance claims. The deepest pockets get attacked.
Can you elaborate?
“You’ll be getting rent on time every single month”
-Literally every potential tenant
That’s what I also thought, I don’t see the benefit for the landlord
@@JURIGOLDFINGER the landlord won’t have to clean it and keep it maintained. Instead the person using it for Airbnb will be doing that
And you'll get everything fixed on time. Literally every slumlord
Rental arbitrage is by far the least valuable thing to do. Sounds good on paper but once you realize your not actually creating any value just using someone elses value and selling it at a higher price. Your basically a middleman. This is similar to dropshipping and it doesn't help the economy only your wallet. If you were to build a new property and rent it out as an airbnb you would at least be contributing something of value aka a rental property that can be sold to another person and isnt raising residential rates.
@brennen, Be honest. Do you really care about what you just said??
@@steeve3386 yeah I do I think its a crucial concept to care about for the betterment and stability of us as consumers, investors, and the economy as a whole.
If everyone is inventing middleman positions you end up with a bunch of positions that make money but contribute pretty much nothing but inflation in an industry. To me its similar to Packaging, marketing and taking away air and then selling it for profit pretending you are doing something of value by creating a problem rather then actually planting trees to create the oxygen for people.
Its similar to the difference between Selling (manipulating people into buying something they dont need) and consulting (Helping people find what they actually need).
Obviously this has opinion rooted in it but when you break it all down rental arbirtrage does not benefit the greater whole of society or the economy just the person doing it.
@@brennenhrebeniuk9661 I understand your point but here is my opinion on this...
I will build financial wall around my familly nothing can get through and take care of them and I will let governments take care of the economy, taxes, interest rates, inflation, housing affordability, stability of the consumers/ investors , laws etc.
@@steeve3386 yeah thats a good perspective! Keep on keeping on my guy!
Is it better to do this as long as you can or once you have the money is there any advantage to buying the properties yourself?
Uber doesn't own taxi's. Don't overcomplicate when you don't have to
@@FatLossuniversityy excellent point. Thank you.
Landlord: No!
With this strategy, my benefit would be cash flow, but no equity right since its still the owner's property?
Good info! I being traveling for work for more than 10 yrs now...😅😅😅 I use airbnb now..but i used to use Craigslist, student housing, hotels with weekly fees, and more...housing is very expensive now...and i am ready to start my own airbnb as well. Only because i have seen the world of working travelers! They actually need a safe place to sleep well, rest, and work...no parties, no drama.
Thanks for the info!! Is it better to set up my LLC before i present myself to a landlord? Is better for tax reasons correct? Thank you!!!
My friend/family stays the night some times and they donate money to help with my bills....what's an airbnb don't know what you are talking about....
I am a landlord and i charge more for commercial leases. Also if the Airbnb cant get the place rented he eats it because rent is due every month
It’s better to use the BRRRR method because it’s safer and you own the house so you can sell it for a profit
The start up capital needed is much higher with a lot more risk.
How is it better condition if the tenant is living in the property every single day?
👋 Great question @Ignatius Garcia. I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any other questions about starting & growing your Airbnb business lmk.
It’s not ever.
By doing this you’re likely to damage the housing, and the plumbing. As a landlord this would never fly unless I was the one doing it. I wouldn’t want that high risk with low reward.
That’s we the host handles the cost, we normally have a handy man on stand by when this happens
some people will bite if you can make it a hands off experience for them.
How much start up capital does one need to get started in Air B&B arbitrage
Did you ever look into corporate housing arbitrage?
Hey @Mista Marc 👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
@@ivantejeda yes it would help. So many things to touch on though. Can be broken into many videos. Analysis tools, how to use them, talking to agencies, talking to landlords, how to furnish,....
Rather than “can you explain further”, it’s really like “no thank you, hangs up phone”.
Why if they don’t have to worry about vacancy ?
Just like every sales you've ever seen. Most will decline, a few will be interested and a few will accept the deal after getting enough information. That's how business works
That’s why any landlord has a no subletting clause
Wait if your paying rent to have the property, then how will you make profit ?
If you are interested in starting a successfully Airbnb without owning a house Reply to this comment
Definitely a bad idea if you are a landlord, having 1 tenant in the property for a 12 month lease is far safer and better for consistent cash flow.
Can you prove it? Mathematically.
But the person is leasing for a year he has to pay the rent regardless if he makes a profit or not
The guy doing airbnb have to pay wether he gets money or not
@@Breezyaon1 in this scenario the landlord is getting the same 1500. Other dude is taking any profit. People treat AirBNBs like shit. It's way better to have a long term tenant.
@@Breezyaon1 yeah profit margins would be the same for the landlord because he’s only making rent. But the increase amount of traffic if it’s in a desirable location could mean early wear.
Yup don't do this.
If you're going to rent short term do it yourself, the people who sublease have no standards.
What if someone damages the property who’s liable?
Airbnb got insurance covered
Hey @Abny210 👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
@@jeewssam8418 and if they refuse, you are completely on the hook. terrible idea
Great video as always! 👍 I have a quick question: 🤷♂️ I have a set of words 🤷♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I don't know what they are. What should I do with them? 🤷♀️
It’s a big risk to be on the hook with a lease…
That’s why it’s a LLC, you can literally shut the business down n walk away
@@paulsingh4716 Great! now you have to convince a bank to loan you capital in this economy OR you have to use your own capital. not so easy huh?
@@LordKalerran if you need a loan for this your already failed
@@paulsingh4716 definitely don’t need a loan for this
@@LordKalerran i hope you know you dont need a loan that would only be the case if youre buying the property in full.. in this case your coming to them as a short term rental company with a good business proposal you just have no clue what you're talking about
Great, the landlord gets exactly what they would get with any decent tenant.
Providing you can get a decent tenant who stays! This removes the headache entirely
Great video, very informative and on point!
Song?
That’s what makes it a win-win lose. Yeah the customer loses another layer of fees, service fees, fees, fees, fees, commissions fees it’s not worth it. Can you say hotel?
Most middle men he's situating don't look after the house or the tenants because it's about maximising profits... e.g. a tap breaks, middle men don't fix it as they aren't the "landlord"... it's a lose lose for tenants and landlords...
Guests aren't tenants Einstein!
What does rent "plus expenses" mean tho?
Hey @Shalacy 👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
YA RIGHT BRO. NO SELF RESPECTING OWNER WOULD EVER DO THIS!
As a landlord, id be put off by this and all id be thinking ab is what i dont know and the constant wear and tear and all that could go wrong lol
Good info thanks
🔥 I’m with you on this @bbq world! This was a great video!
P.S. If you have any questions about starting & growing your Airbnb business lmk.
This was very interesting. Tha You!!!
By the way when you know this the video is not under 30 seconds it is under 62 seconds
Have you considered offering the landlord a couple of hundred dollars more and not having a full blown lease, but maybe just an agreement. You're essentially the property manager and pocket the rest of the profits.
Landlords prefer contracts in writing especially when dealing with strangers. Increased rental offer often isn't required - all landlords want is passive income with zero headache!
BNB PROPERTIES IS A SCAM IN EVERY WAY. DO NOT EVEN RESPOND TO THEM THEY WILL NEVER STOP CALLING YOU. CHECK THE BETTER BUSINESS BUREAU. THEY ARE HORRIBLE
Oh btw as your landlord I want a % of your profits? What do you do?
👋 Great question @zxcvbnmmasdfghjkl. I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any other questions about starting & growing your Airbnb business lmk.
He’s already charging you rent, what more do he need😂
you decline... Simple, make it known to the landlord that you're coming to them as a LLC ready to bring business and benefits to him and his properties rather then someone who's clueless and easy to rip off. Show the landlord that what you're offering will be of benefit to them and they'll gladly do business with you. it all depends in the way you negotiate in which not many people are good at.
Most landlords are clueless about short term lets! If they get greedy tell them to go do it themself - see how that works!
@@ivantejeda It's dumb and a broke mindset loser mentality. Most landlords own multiple properties and want passive income - done!
Do you need a license or certificate of some sort to start ?
No all you need is to rent and furnish an apartment, for help reply to this comment
As a landlord why won't I just do this myself? Sounds like a scam.
because it's hard. You don't want to be working on managing a short term rental because there's real work involved and you gotta do it right or you'll be banned from many websites.
I mean....wouldnt it be easier for the landlord to just turn the property into an Airbnb?
You completely missed the point! Stick to your 9 to 5 - this is too much for you
Basically a prop manager. Airbnb has really lost a lot of its appeal. But the stock price and numbers look ok?
When he used that bug term covert i was worried
Airbnb is making people who want to buy homes to live in homeless...
You're going to rent to people who won't be staying there? Why would they waste money and not be there?
Sounds great doesn't it, where Are the negatives? Spill it sir. In the same video so people know. This is miss information
Well you could end up in prison
He wants people to pay $2500+ for this course. Same scam as Andrew Tate
Can people rent out Airbnb for more than 1 year?
Nope!
👉Learn How To Make $2,500/mo in the next 12 weeks w/ AirBnb👈
go.legacyinvestingshow.com/liveclass
Airbnb people listen up those that are hosting we have to try harder in decorating your home. Some of these houses are boring and lame. I can sit here and call out a couple of you that host in Kissimmee and Orlando Florida but I’m pretty sure you’ll be the ones to get mad at this comment. But try harder or get off Airbnb all together thank you 🙏
Does this work?
If you're a landlord don't do this they gonna make it an air bnb
And when one of their air bnb tenants inevitable damages the plumbing or electricity you're the one paying for it
Obviously! Duh
@@FatLossuniversityy rally gonna be an ass lol ok after I see your comments you are the staple boy for air bnb popping up wherever
i am interested by the free web class
I don't know any landlords in my city that would go for this. WHY would somebody only staying for a night be better than someone that permanently lives there? There have been SO many cases here where places get totally trashed cuz asshole party freaks AirBnb a place and just bounce.
Including "No parties" in the agreements, adding cameras on the outside of the homes, and installing a noise monitor inside the homes will prevent this.
I hope your properties are in NYC
If I’m the landlord and u come to me with that idea I would take that idea and manifest it ..thanks for the info lol
Then why aren't they? Why isn't every landlord doing airbnb? Cos they don't want to. This guy is willing to do work that the LL isn't. And for that he is rewarded money
Umm no normal person can listen and understand content at that speed. Just incomprehensible. And no, we’re not going to listen over and over again.
Brilliant
I thought abt this. It’s a great idea, but you also have to furnish the place… pay for electricity, gas etc… in todays market with energy and utility costs, and literally the cost of everything, it may not make too much sense. I guess location plus a big part into this. Obviously u need a place that is occupied at least 20 days a month..
Hey Michael👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
Sub leasing is 100% illegal lol…..
It says your webinar expired. I really want your class and I'm interested in what courses you have to offer along with any bonuses you may include. Can you please send me a link?
I have a property that I'm willing to sub lease
Hello, I just read your comment. Where is your property located and have you subleased it already?
From my experience Airbnb does work but found maintenance increased. An god help you if you rent it to someone that had a party. My best Airbnb experience was when a corporate company rented it out(almost a year).
I'm going to a hotel, airbnbs suck
Class
So airbnbs get taxed via income tax rates. Rent is taxed at capital gains which is way less than income rates. Just sayin
Oversupply airbnb
🔥🔥🔥
Yes, take business advice from someone that doesn't know the definition of arbitrage
It's 100% a form of arbitrage! Stop being a sheep pretending to be smart
Insightful but this isn’t arbitrage. Arbitrage means risk free profit. Doesn’t seem to be the case here
Landlords always state in their lease agreement that they don’t want their property to be an airbnb lol
You’ll have to have a contractual agreement with the landlord to be able to sublease the property to make it an Airbnb
@@hearthagram Yeah, good luck finding one!
@@LordKalerran I mean… they don’t have to worry about vacancy and I already got one (;
@@hearthagram Sure you do pal. Hope your landlord doesn’t find out lol
@@LordKalerran it’s in contract, he knows bud. Good luck in your venture
I wish I can find a landlord that agree with that
Hey Adrian 👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
I have a condo. I would love to know how to Airbnb to earn extra income for my family since I 'm a single mom. Please your feedback. I learned so much from you ❤❤🙏🙏
If you are interested in starting a successfully Airbnb without owning a house Reply to this comment
Um no 😂
This is not arbitrage
LMAO
Liability is passed the the property owner???
Hey Chris 👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
Guys im trying to get into luxury apartment buildings anybody got experience doing airbnb arbitrage with these
vacancy rates will bankrupt you.
This guy needs to get taken down for the bad content
Sounds like you are jealous
Agreed
jealous
Lol there is a 99.9% chance that this would never be allowed.
Of course it would. You have a "normal" tenant paying the rent each month, and he doesn't live there! If they stopped paying, Do you know how easy it is to evict a tenant who doesn't even live there?? It's the Ideal scenario for a Landlord.
@@CabinetFramingUK yeah until you get that one person who pays for a 3 day stay then refuses to leave.
Yea not a smart strat
Really risky
High risk high reward shit
Not worth it in my opinion
Plus you need thousands to start up
Nope nope nope
Try quicker
Can you imagine taking advice from this guy.
stay broke
Hey @thelivinvibe 👋 I’m thinking about making a video on this. Let me know if that’d be helpful.
P.S. If you have any questions about starting & growing your Airbnb business lmk.
@@OK-ey2ft Enjoy bankruptcy!