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Erika Taught Me

How I Became An Airbnb Millionaire | with Short-Term Rental Expert

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.82.3K Ratings

🗓️ 2 May 2023

⏱️ 38 minutes

🧾️ Download transcript

Summary

#30: Short-term rental expert and tiny house builder, Rob Abasolo and I sit down today to discuss everything around real estate investing and monetization of rental properties. Rob started his journey four years ago with little information and money, but lots of hope (and a supportive spouse). Today, he owns 14 short-term rentals (and counting!) and has made over $1.5 million in booked reservations on Airbnb. Are you interested to know how he got here? Rob shares everything he wishes he had known when he started and gives his top tips and advice to anyone wanting to become successful in the industry. Check out Rob's YouTube channel. Listen to The BiggerPockets Podcast. To apply for the Senior Podcast Producer position at Erika Taught Me: https://erikakullberg.com/producer-application Special thanks to our partners: Webull (free stocks) - erikataughtme.com/invest Aura - erikataughtme.com/aura Bilt Rewards - erikataughtme.com/bilt Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions?⁠ Watch this episode on YouTube. Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erikakullberg.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ For more information, go to⁠ https://www.erikataughtme.com/⁠. Get on my personal finance & investing course priority waitlist here. https://erikakullberg.com/3DMoney Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erikakullberg.com/MasteringYT ⁠Get more of my free resources.⁠

Transcript

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0:00.0

I was starting to feel, I don't know, not guilty, but just a little annoyed at the idea of paying a landlord and not getting any equity out of it.

0:09.0

And I'm a big fan of investing in your backyard.

0:12.0

Hi, my name is Rob Abisolo, and I've got a unique obsession with building tiny homes.

0:17.0

Five years ago, I decided to try out this crazy concept where you rent out your house to strangers on this thing called the Airbnb.

0:25.0

Anybody out there can get started in real estate.

0:27.0

I try to make real estate approachable to the everyday person.

0:31.0

That's my mission in all things that I do.

0:34.0

You're listening to the Erica Toppy podcast, the number one business podcast in the US,

0:39.0

where we talk about entrepreneurship, money, and how to improve your life and achieve success.

0:45.0

I'm your host, Erica Colberg, I'm a lawyer and personal finance expert with over 20 million followers on social media.

0:52.0

Today, I'm talking to Rob Abisolo, co-host of the bigger pockets podcast and short term rental expert.

0:58.0

Four years ago, he accidentally fell into the short term rental gig and is now making over six figures of passive income a year.

1:06.0

If you're interested in real estate investing, this is the episode for you.

1:10.0

I'm Erica Colberg, this is Erica Toppy, and today we're here with Rob Abisolo.

1:16.0

You guys know that I love investing, because you know that if your money is just sitting in a bank account,

1:21.0

you're losing out to inflation every single year.

1:26.0

That's why you invest it so that it grows for you without you having to put in any extra work.

1:32.0

I've been using an investing app called Weeble for almost four years, and I had them do something really special for my listeners.

1:39.0

By using my link to sign up today, you can get between six to 12 fractional shares for free.

1:46.0

All you need to do is open an account and deposit any amount, even a dollar to claim your free shares.

1:53.0

So just by depositing a dollar, you'll get between six to 12 free fractional shares.

1:59.0

And if you're wondering what to actually invest in, we talk all about investing in episode 28.

...

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