Activity
Mon
Wed
Fri
Sun
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
What is this?
Less
More

Memberships

RT
Rentals To Riches Free

Public • 698 • Free

The Virtual Bookkeeping Series

Private • 12.9k • Free

6 contributions to Rentals To Riches Free
My own experience: Airbnb Arbitrage
I wanted to share some insights for anyone considering Airbnb or Airbnb Arbitrage. For the past two years, I've been doing Airbnb arbitrage in Arizona while living in Colorado. Despite new regulations and increasing competition in short-term rentals (STR), I've found it to be incredibly profitable when approached correctly. Finding a successful property boils down to location and financial feasibility, and amenities. I rely on several tools to help me: Airdna for location scouting, Pricelabs to set my daily rates, BnBCalc for ROI calculations, and I also use Facebook groups for turnkeys. Additionally, I maintain a personal spreadsheet that calculates the maximum rent I can afford based on average revenue, expenses, and desired profit (I'm happy to share and explain how to use it). From my experience, I focus on cities and neighborhoods with a minimum 60% occupancy rate year-round, aiming for properties that can generate at least twice my monthly rent in income. This is to insure at least year round I will be generating cash flow and staying profitable after my expenses. From experience I realized what makes or breaks your property is where it’s located. Understanding the unique characteristics of each city and neighborhood, and why certain areas generate higher revenue, is essential in securing a good deal. Another important aspect I want to share about Airbnb Arbitrage is you don’t have to make it overly complicated. I found Airbnb to flow well when you have a solid team that can help you maintain your property and bring new ideas on how to improve guest stays. For those new to real estate or with limited investment capital, Airbnb arbitrage is an excellent way to enter the market and learn how to evaluate potential investments. If you're interested in learning more or need help understanding the process, feel free to DM me.
17
14
New comment 14d ago
0 likes • 14d
@Dillon Gag I never co hosted with anyone but I’m always open to it. But I have my airbnbs managed by an automatic software that does most of the management for me.
0 likes • 14d
@Aniya Scurlock my opinion is there is going to be saturated cities all over. A lot of people are trying to list studios and 1bed/bath apartments because those are the cheapest units to lease. But on the flip side there’s cities that are still pulling in high revenue with medium saturated. What will make or break your Airbnb in any market is the amenities. I won’t worry too much about the saturation because I found even in highly saturated markets certain neighborhoods/sub markets are super profitable
Sharing My Insight
Hi everyone! Hopefully we can all share some ideas and connect. “A rising tide lifts all boats!”
10
6
New comment Jul 27
Sharing My Insight
2 likes • Jul 24
Awesome video Julien! I really like how you mentioned we should come with humanity and be ready to learn
A Thought I Had on Networking This Morning
All of you want to get something out of this group - I see it in your introduction posts. I want to encourage you to reverse your thinking. Instead of thinking what you can get out of this group, think how you can provide value to the group. Just because you might not be experienced in Real Estate, that doesn't mean you can't be providing value. You might be a good software developer and can help another person in the group build an app for their business. Don't always worry about what is directly in return. Its hard to think this way because it goes against human nature, but honestly guys simply by thinking this way - you can really improve what you get out of the group because instead of asking for help, you will have people coming to you asking how they can help you. P.S. Remember - the weekend is a day you can take advantage of make progress, don't just throw it away. Its time :)
30
49
New comment Jul 30
0 likes • Jul 15
@Ron Crealese Negotiating skills can take you far with Real Estate. That’s one area I lack in tbh so I could definitely use your help in the near future!
1 like • Jul 16
@Andrew Sjogren I will say there are markets that are trying to get rid of STR but there is loopholes around it by making it into a mid term rental. If you ever wanna talk more just DM me
Introduce Yourself (All Intros HERE Please!)
In order to access the course you need to make 5 interactions with the group (likes, comments) - its really that easy. Start by introducing yourself to the group. I LOVE learning more about the cool people in this group and how we can help. Feel free to share where you are from, why you are here, what you do for a living, and what you makes you interested in real estate investing. Have fun here. Real estate is about meeting the right people and this is your opportunity to network! Also - don't underestimate the power of a network. Look at this network as your own. Give to others and have others give to you. It will take you a long way in the world of real estate.
72
530
New comment 4h ago
0 likes • Jul 15
@Mike Nguyen definitely! I would be more then happy to talk to you about it
1 like • Jul 15
@Okenna Okpareke welcome to the group! I relate pretty heavily especially with the analysis paralysis. I’m glad you’re in a more confident position and I can’t wait to see your success with real estate
What's Stopping You From Buying Your First Rental Property?
I want to see where all of you are at so we can see where most of the group is at. Give more explanation in the comments below. You need to make 5 contributions to get to level two in order to unlock the courses and make posts :)
Poll
71 members have voted
23
108
New comment Aug 16
4 likes • Jul 12
@Dominique Russell I can totally relate. I had extreme analysis paralysis but what helped me overcome it was I had to realize the only way I will learn and know what works and what doesn’t work is by trusting my research and going through the process. Experience is the best type of learning in my opinion. Secondly I had to come to terms with the fact I will never be 100% spot on about anything. Lastly I had to change my fear of failing and being wrong to “but what if this goes right” I would hate to be old and regret that I let fear stop me from success.
1-6 of 6
Keenan Rimbert
3
20points to level up
@keenan-rimbert-1345
I'm from Sarasota FL. I got into real estate through Airbnb Arbitrage. I'm ambitious to learn how to fix and flip, and buy an investment property

Active 6h ago
Joined Jul 11, 2024
Sarasota FL
powered by