How to start an Airbnb business in India | everything you need to know
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- Опубліковано 7 чер 2024
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Is AIRBNB a good business?
How do I manage my Airbnbs?
Should YOU do airbnb?
In this video I breakdown the entire chartplan of how to start an airbnb business in India. Watch till the end :)
P.S: NOT AN INVESTMENT ADVICE. Please do your own due diligence.
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Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
Video and TN editor: Ayushman Khare
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ua-cam.com/video/jjZy1pZ2HRo/v-deo.htmlsi=W-AQEJ2BzTunvxpA
Gurgaon Uncle has responded with very valid logical points..
Also, i think he is depressed that you called him uncle.. he is very touchy about his age 😂
Acc. to him unka midlife crisis chal raha hai.. end life crisis nahi 😅
Either you talk in English or Hindi completely. It's annoying when you drift into Hindi and back. Actually irritating 😢
Goa is doing well in real estate here in mumbai I am struck with oversupply
Want to join
If you buy an apartment for 80 lakhs to 1 cr and put it up on Airbnb for 4000 rs a day, you will get around Rs. 2800 after taxes and charges. If you are able to get bookings for 200 days a year (given you are lucky), you will get roughly 5.6 lakhs per annum. If you buy a flat in Bangalore in a branded community for a similar price, you will get a fixed rent of 5-6 lakhs per annum with much lesser management stress and longer life of your paint, interiors, electricals and plumbing works. And of course, much better appreciation.
Airbnb in Goa makes sense only if you buy a 2nd hand flat in the 50 lakh range. But that will not appreciate at all. Not every flat in a metro city costs 2 cr. You cannot count the cost in the prime areas which developed 30 years ago.
👍
If the flat doesn't cost you ~1.5 -2 Cr...you can't be expecting to get a rent of ~ 5 lakhs
@@victor-ev6np Exactly. In fact I stayed in couple of areas in Bangalore and rent for a flat less than 1 Cr mostly stays in between 20-30K per month which is 2.4 to 3.6 lakh rupees before taxes and any maintenances.
+1
@@victor-ev6np in Bangalore the rental for any branded builder's 2bhk flat fetches a rent of 40-50k now and is available for sale at 80 lakhs to 1 cr. Do check it out. It may not stay at that price too long though.
Like who all watched Guruji video on this topic. Clarity for youth.
Sango ki jai ho
Guruji ne keh k leli Akshat ki😂
@@amitsaharan07sahi kaha 😂😂
Bhabhi ji Namaste 😂😂😂😂
@@amitsaharan07And still you have joined Akshat's membership! 🤣🤣🤣 Purane paap hain toh dho lo.
Here after listening to uncle ji from gurgaon and that that uncle ji is saying is on point. You have to understand the local indian nuances, politics, etc.
Is that Sango sutra channel?
Thanks to Guruji from Gurugram people now have more clarity and don't fall for such fraudsters schemes.
He is selling course, don't fall into trap. He wants to make money by selling course
You can watch a video of Ahmed Khan on UA-cam, Serviced Accommodation UK (10 hour course) which is free of cost and you’ll learn everything from scratch 👍🏻
Please share a link
3 Things are required to Become legendary Investor -
1. Vision
2. Courage
3. Patience
.. When I was abroad , our office team used AirBnB extensively.It was a 30 member team outing and affording hotel rooms for two days would not fit with in our budget, hence we a booked an( church turned aprtment) AirBnB property 😝. We cooked our own food and had great time(dance,party etc..) . This concept is good. Obviously every business has risks and challenges. Liked that 'KB Warriors"
The girl at the end has great comm skills ❤ Nicely explained
I really appreciate ❤Akshat's content, although I tend to steer clear of his real estate advice due to practical considerations.
I am watching this video just because Guruji is giving clarity on this😅
This guy was promoting a big NO to real estate and promoting one now
Not now at least past 1 year
Mamma tune changes..
Guruji from gurugram 🎉
Akshat aisa kya bola ki gurgaon se guruji had to come out with clarificatiry video 😂😂😂. I am so enjoying this tu tu mein mein.
Wow thanks bro... Great opportunity discussed ❤
He just reads the story which probably anyone with information from internet can with good presenting skills while guruji is professor knows in and out
Excellent video. Thanks a lot for sharing your experience!
Being host on Airbnb for 7+ years and running 4 properties I feel this video is nice as an Airbnb ad. Not at all educational video and that course is big no no. I'm having second thoughts on his previous finance videos. Is he a real finfluencer. He is technically right but practically nothing makes sense. It's like saying jump from 50 feet you will land on feet or you may break leg or you may die. Only take away from video is rental yield is more in short term rental than long term rental depending on the market. Have lost faith in him after this video
Can you share your learnings?
Then Please share your learning as well..
May i know do you manage properties listed on airbnb? I have two in ncr region and looking for manager for airbnb listed property
Hello im from delhi, may i know where is your property... I can help u find someone apt for the job @@MissingBihar
Required lot of clarity from Clarity from no.1 clarity Giver.
GREAT VIDEO SIR ... NEED MORE FROM YOU LIKE THESE BIZ IDEAS
Akshat class to Sango sir lerehe hain UA-cam pe.😂
Very informative. Many seasonal cities in India already has accomodations listed via aribnb
Hey akshat ! " clarity for youth " a channel led by AMIT SANGWAN HAD MADE AN EXPOSE VIDEO ON YOU AND on idea OF AIR BNB . He had pointed valid point against you . Could you counter it . According to me he is right In every sense .
Right
Akshat will never rather he can never make a response video to Guruji from Gurugram...
Akshat already countered it with the points below, most silly ones because he doesn't have any answer.
1. He asked for a certificate for being a clarity giver.
2. Have you ever invested in Goa properties ever?
Bro, don't take sides.
Learn from both. I follow both. Both are good from their perspective.
Thank you such informative Vidoe looking forward to inperosn session
Very informative! thanks
Akshat, a completely online course would be really appreciated as everyone cannot travel to Goa for a one day workshop. Alternatively, a charge only for the online classes can be communicated.
I would really appreciate your consideration on this.
Your video talks about income - what about the monthly/ yearly expenses. What is the net that you can make.
Excellent one Akshat ji
Hey Akshat,
Spotted you at the BLR International Lounge last week while I was on my way to Dubai.
Wanted to say hi, but it was pretty late midnight. Hope to meet you in person next time.
the Airbnb manager will charge commission so can we expect the rental yield to be 6-7% instead of 8-9% , but still the rental yield of 6-7% is also very good . also since we are doing short term rentals the maintenance charges of the villa/flat/property will also be high
On top of that airbnb also takes a cut so we won't get full 5k if we rent out the apartment for 5k
u will get 4 % . NOTHING MORE .. I had done this . against 1 cr today u will get 3k per day after cuts 2k per day x 200 = 4 lakhs .
6-7% if you get then you would have achieved what 99% AirBnB owners could not.
Don't get fooled by this person. He has to sell his course and create a content. My uncle who has retired from Navy has a Villa in Goa, not even 2% rental yield. Very few flats/ house/ villa has approx 6% rental yield, very few
Bakwas loc pe hoga property
Else people are not fool to know how to choose and what to look into before choosing a property
ALSO, ITS NOT EVERYONE’s CUP OF TEA TO BE PROFIT CHURNER
DIMAAG BHI TO CHAHIYE
Just coming from a highend position doesn’t make someone smart enough
@@thenortheastkid Kid, you think you will get good location property? Go and try buying and buy.
Matlab galat location oe hai property tumhari @@RajeshSingh-ky2oq
He lives in an area for wealthy people. Locals wouldn't bother people in such places
Great timing sir! Thanks :) I was exactly looking for guidance on setting up an Airbnb
Please don't listen to his advise. Watch Clarity for Youth for actual reality on Airbnb. He skimmed over many important considerations
What about maintenance cleaning after a guest leaves and giving salary to Airbnb manager?
Difficult to make money on Airbnb in Goa. There are better destinations than Goa, where you get visa on arrival. There is plenty of accomodation in Goa that is not getting filled up.
Akshat, very good!
Just one question Akshat, why would anyone travelling for a very short duration, let's say even 1-2 weeks, would cook food there ? This usecase is practical and correct for a country like US ( I lived there for 6-7 yrs) where getting food of liking is difficult for most PPL. But, in a country like India - buying food is not a problem. Why would someone expect their spouse to COOK or Wash Clothes, when the family is on VACATION, trying to ENJOY the Life and Vacation ??
Multiple reasons when you want to cook your own food: a) health issues where you don't prefer to eat outside food when on vacation. b) Having outside food for all 3 times for a week or two is not good(health wise)/pocket friendly c) you can cook kids friendly food on your own.
Yes, also vegetarians have less options… and when cooking on vacation doesn’t mean full fledged cooking… quick n ready mix kind of cooking etc… we need to safeguard health too when going in vacation!!
Same question arises from my side.
@@ashav2502 99.99 percent people won't cook their own food when on vacation.
@manojsuri9859 See, you may not cook all 3 meals on your own but some. It all depends on person to person. I did cook due to health issues when I was on vacation and really liked air bnb property equipped with kitchen facilities.
Great!!
Please post videos when you used to advice against Residential real estate 😂😂
Very good video, thank you
Gurgaon WALE UNCLE... The Best Funney Part.. I am still laughing ;-)
i like both.. both r correct at their places... we just need to find our way
Sbi Card is at its support levels, it has not broken it. Remember how Akshat keeps telling about operator's game for FII entry.
u added?
Yes. Yes. Buy. It's a falling comet. Buy on every dip and downward average. 😄
Downward average to zero 😂
Just curious - if one wants to buy a large cap stock, why not just invest in mutual fund? mutual fund generally beats large cap stocks. why to waste all the time watching youtube videos and paying crores of fees for trainings?
@@rudebutgoodmutual funds really 😂😂 mutual funds houses are one of the biggest scammer 😂😂
Sir can you please show the villa in detail. Please please please. I liked it so much and want to build a house like this in future.
I think its very important at what time you bought the property and what price. I don't found Airbnb property buy today in Goa a profitable business in any sense.
What a taxes of Goa govt.sir? Hidden charges pls mention
Do we need to change the electricity tariffs from domestic to commercial? If we start renting one of our room in B&B or Homestay.. please advise
Sir
Could you please provide suggestion , is nifty mid cap index good or active mid cap fund are good
Similarly for small cap index fund vs active funs
Diversification is necessary for capital protection of HNI. Investment in Equity alone is not safe
Could you give more valuable info on giving the propwrty to operating manager..for eg legal agreements ,who will be supplying the furniture etc..
Airbnb is useful only in areas close to city centre or airport
Any comments on the Chinese market as a whole right now? Also could you share the best ETFs to buy on SIP right now? Thanks 🙏🏽
Akshat sir love your content ❤
He's not talking about HUL anymore!!
Can you make a video explaining why Tata Technologies is experiencing a decline?
Sir, please make detailed video on credit card industry and on SBI CARDS
Hi Akshat..Planning to travel to Goa.. pls suggest ur Airbnb details .. I would like to look it for options to stay
Gurgaon wale Guruji ne mana kar diya 😅
🎉🎉 GREAT INFORMATION 🎉
Is there an Airbnb workshop in Aug? If so when, & how will I get notified?
Ben
Ab goa Jana hua to high probability hai k Akshat Bhaiya ka flat book ho jayega unknowingly..😂 jokes apart.. learning a lot from you bhai
200 occupy no chance.. Revise calc to 150.. Plus management fee and taxes on.. Math would collapse
WOW ...... THANKSSS
Sir how to outsource. Our property to airbnb
Hey Akshat, is your villa near Varca beach? Asking as I stayed in a place shown in your video.
15:38 i watch both of akshath and sango guruji videos and it's good seeing both of u troll each other😂😂😂😂
and Guruji sounds better and logical
Guruji video is out
🤣🤣🤣
He cannot respond to Amit Sangwan the way Amit replies to him on each point.
😂😂😂😂
Very informational, can you also talk about Airbnb manager costs? How much do they charge to maintain a property? Share in rent or monthly salary?
Sir, please post videos with maximum 10 minutes question only. Please.
Akshat you were very much fond of Sbi card, Hdfc bank etc... I am not blaming, but do you remember the day youbcriticised Saurabh sir. Now its your turn... So be mature when you go up the ladder. Of course you have guided us immensely. But be humble
You saurabh Mukherjee? Did Akshat insult him ?
How does it work for a very ordinary 1600 Sqr ft property in Ghaziabad close to Delhi border?
super useful video
Nice video Akshat. After seeing your video, all that i decided was to rent a Airbnb property for next Goa visit😂
Sir is airbnb arbitrage possible in Goa ?
Good information
please make more videos frequently
Hi Akshat, you keep on talking about creating an opportunity fund. Is there any video that explains about how to build an opportunity fund ? The question which am I always concern with creating opportunity fund is the opportunity cost itself of not investing it into let's say market , and feels like I have to time the market to make it work
Everybody who bought SBICARDS, HDFC and so on one year ago with his opinion are now wiped out. Now comes new idea from the Boss. ❤
Did you leave out all other stocks and the advise to stay diversified, sell your kidney and bought only SBIcards and hdfc..😂😂
If you want sure shot returns within a year then get an FD.
Did HDFC, SBI cards go down to zero? How did investors in these stocks get wiped out then.
😂
It index 25% up, idfc first doubled, hdfc amc 1.5 times, nifty more than 10% gains and many more. Don’t spread hate. Further, keep holding hdfc and sbi cards and see the gains in 3 years
😂😂👍
a quick tip Akshat...pls make your video smaller... most people get attracted to shorter clips then longer clips...for eg i havnt watched this because of the length....nyways love your content/...
increase the playback speed
This one beat me. Full bouncer. If you wish to work a lot while earning peanuts....
Sir, could you please help me how to find airbnb manager. TIA
making 10 lakhs and selling courses for 11k , ha ha ha
How do you get the license for operating your appt as airbnb
First comment sir love your content sir ❤
Bro have course for everything
Bro googles on how to use his wealth and sells new courses. Joker in batman said "Dont do anything for free". This is next level, google and buy property and make videos or sell trainings to get back the property price.
GREAT ...
To hum kya karein? Guys, please clap and give this greate tycoon a standing ovation 👏
:) training attend karo. And then give another 2 crores fee for that training.
Develop Growth mindset!
You can manage AirBnBs in Goa.
There are people with properties, but need help with managing them.
Cleaning, maintenance, add-on services.
New development projects coming to Goa. This is marketing to catch gullible people like u.
Can we Join in Kerala.
Can give buildings in important places in Kerala.
Have you invested in airbnd share in us stock market?
is HDFC a good buy at this price?
In certain housing societies, the Residents' Welfare Association objects to operating Airbnb rentals, arguing that it's illegal to do so without obtaining permission from the relevant authorities. Please advise on how to handle this situation.
Exactly.Even of police harass for bribe.
Buy a house not flat
Akshat wonderful stuff..You make a lot of sense in your videos, I have been following you for a while now..Would you be able to share Prekshas coordinates ?
As someone from Goa🚀🚀 THIS IS GOLD
can you please name some other places where airbnb is a good option other than goa?
comments section providing more Insights about the topic
@clarityforyouth sango Sir has made some real good points.
Nice video Akshat very informative, please keep making videos like this 🙏
Quite vague vlog/advise for investment amount more than 1cr. My mother renting out flats in Mumbai for more than 30 years. And even staying close to those properties, it's very difficult to manage them. And here you are giving gyaan on buying property in another state.
But that's your mistake and lack of management skills if u can't manage those properties. I have 9 rentals, and I highly scrutinize my tenants. Looking for long term tenants, Its my most easily managed investment. I have no manager, and I generate 6 figures through rental yield alone. No need for a manager, only a day a month to take rounds, mostly don't even visit the flats. The more you try to be involved, the more you'll suffer. Give the tenants freedom, you don't have to answer to the other flat owners. Take a step back.
Can you please create video fot airbnb licencing
I'm an investor in Airbnb assuming this short term rental market will grow.
Hello akshat i want to ask u some questions regarding my airbnb apartment in nashik do we have to obtain any permissions?
What about the formalities of signing up with Airbnb and appointing a manager. What charges typically for a manager?
Thanks Akshat, need your guidance on point related to tax management. Are you required to have the apartment in the name of your business to be show revenue and expenses.
Another query, as per Goa rules do you require to switch to commercial electricity meters from residential to operate Airbnb?
Hi Akshat, requesting your guidance. Thanks in advance