How To Make $10,000/Month Using Airbnb

The Tai Lopez Show

Tai Lopez

Business

4.8 • 6.9K Ratings

🗓️ 22 January 2019

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join the Home Sharing Management Company Program at tailopez.com/hsmcliveGet NetSuite’s guide “Crushing the Five Barriers to Growth” when you go to netsuite.com/taiGo to squarespace.com/tai for a free trial and use the offer code TAI to save 10% off your first purchase of a website or domain.Points to Keep In MindImplement screening filters on tenants when renting your home out on Airbnb92% of the cities in the United States allow home-sharingIgnore the people who don’t believe in youStart home-sharing with the empty bedrooms inside the place you currently live inNo matter the industry, find out ways to join the sharing economyMake sure you have the right to sublease when you sign your leaseServices are the most inexpensive type of business to startDon’t believe verbal agreements. Instead, make sure everything is spelled out in writingCredit isn’t a black-and-white indicator of quality of tenantWhen purchasing real estate, you want to buy from unsophisticated sellersCreate a separate website to advertise your property (use Wordpress, Wix, Squarespace)Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0	So I went to him and said, how about if we do this, I'm going to find the property.
0:04.3	I'm going to do all the work and I'll pay you a grant of $3,000 to hold it for a day.
0:09.7	So I went to the courthouse steps and bought it and used his money.
0:14.9	And then the very next day did a traditional close on 100% USDA loan.
0:20.4	So I was able to buy a, I think I pay like $70,000 for that property, 100% financing.
0:27.5	And then it ended up selling for a little wonder 140.
0:30.6	So that was kind of my first deal.
0:32.4	I was like, did you make on that first deal?
0:34.3	About 40 or 50,000.
0:44.0	Okay, we're back with the investor show.
0:46.6	We're talking about how you can make one to $10,000 a month with your own Airbnb and
0:52.0	home sharing management company.
0:54.0	And I got four guests here.
0:58.3	Pretty much all within letter B. Brian Braden, Brad, and Zach and me.
1:04.2	And combined here, these four have done over 5.5 million in the last 24 months.
1:11.2	So I want to bring people on that actually are doing it.
1:14.9	And I just closed a real estate.
1:16.7	I've been doing a ton of real estate deals.
1:18.1	I just closed one literally 30 minutes before we started here.
1:22.9	So 30 acres.
1:24.7	I do more raw land development.
1:26.4	So I just bought 30 acres down south.
	...

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