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Build Your Tribe | Grow Your Business with Social Media

Real Estate Investing | Short Term Rentals and Airbnb with Michael Elefante - 506

Build Your Tribe | Grow Your Business with Social Media

Brock Johnson

Business, Marketing

4.92.7K Ratings

🗓️ 12 August 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Today, Brock welcomes fellow entrepreneur, Michael Elefante. Michael has gained a tremendous social media following by staying true to his niche — teaching people how to make extra income with short-term rentals and Airbnb. And the best part? All of it can be done with little to no start-up money. Michael and his wife have been so successful that they both were able to leave their corporate jobs and travel full time. Join the Insta Club Hub to go deep in learning all the latest tips and strategies to Instagram growth and engagement! InstaClubHub.com Links from today's episode: Be sure to check out Michael's Financial Freedom University Course and use the code BROCK-15 to get 15% off!! Follow Michael on Instagram and TikTok @melefante6 Watch Michael on YouTube Check out Marketing Impact Academy!! Go to marketingimpactacademy.com Check out all the brand new Push Journal designs!!! Hurry and get yours before they sell out!! www.pushjournal.com Leave Chalene or Brock a message or ask them a question at (619) 500-4819 Not sure what your thing is? Go to Chalene.com/MyThing Learn more about Kajabi Leave Chalene a Voicemail review or question for a chance to win a gift HERE Connect with us on your fav social platform: Chalene: Instagram: www.Instagram.com/ChaleneJohnson Facebook: www.Facebook.com/Chalene TikTok: @chaleneOfficial Twitter: www.Twitter.com/ChaleneJohnson Brock: Instagram: @Brock11Johnson TikTock: @brock11johnnson Stop dieting & start living: PhaseItUp.com Here's The System I Use Every Day to be More Organized & Crazy Productive: www.pushjournal.com Sign Up For MY WEEKLY NEWSLETTER and you'll get FREE tips on how to live a ridiculously amazing fun-filled life! Be sure you are subscribed to this podcast to automatically receive your episodes!!! Subscribe to The Chalene Show!!! Join our NEW, awesome PodSquad on Facebook here! Get episode show notes here: www.chalenejohnson.com/podcast Hey! Send me a tweet & tell me what you think about the show! (Use the Hashtag) #BuildYourTribe so I know you're a homie! XOXO Chalene

Transcript

Click on a timestamp to play from that location

0:00.0

Hey what's up and welcome to today's episode of Build Your Tribe.

0:06.5

Recently I was scrolling through TikTok and the algorithms were working their magic and they brought me to this video of this guy that was explaining how him and his wife made like $70,000 in one month, pretty much almost 100% passively from real estate investments.

0:25.8

And when I heard this I was like that's really cool, that's awesome, that's a lot of money, but real estate investing, there's no way I'm anywhere near that.

0:33.4

I mean I'm 24 years old, I don't even own my own home to live in.

0:36.8

But you know that's cool, that's awesome for him, maybe that's something that I'll get into one day.

0:40.9

I know that recently I listened to episode 500 of Build Your Tribe where my parents talked about real estate investments as a stream of income that they have and I was like cool.

0:50.9

Maybe one day when I'm in my late 30s, when I'm in my 40s like that's a route that I could go down.

0:56.6

But this video popped up on my TikTok for you page and it kind of sparked my interest.

1:02.2

So I was like alright let's see what else this guy has, let's learn a little bit more about him.

1:06.0

His name was Michael Alofante and he posts TikToks and YouTube videos mostly primarily around this idea of investing in real estate.

1:16.3

But his specific niche isn't commercial real estate or even rental properties, but short term rental properties and really even specifically within that niche.

1:26.7

His expertise is an Airbnb rental properties.

1:31.0

Now if you have no idea what Airbnb is, Airbnb short for air bed and breakfast is basically an app where you can rent out your home,

1:41.1

a portion of your home, your guest home, you can basically rent out your space for people to come stay in.

1:47.4

I can tell you that myself personally, I almost exclusively stay in Airbnb's.

1:53.0

I think of the last maybe 15 trips I've gone on, 14 of them I've stayed in an Airbnb and one time I stayed in a hotel.

2:02.0

Airbnb is really increasing in its popularity and this is in no way an advertisement for Airbnb.

2:08.0

But I think a lot of people recognize that for just about the same or maybe even a little bit less of a price,

2:14.2

you can actually get a lot more with Airbnb. You get access to usually like a full kitchen, a living room, private parking spaces,

2:21.2

backyards, you know the whole gambit. If you're familiar with Airbnb, you know what I'm talking about.

2:26.1

If you have no idea what Airbnb is, look it up because it's the thing of the future.

2:30.8

It's the same ideas like Uber where you don't have to have a taxi company and own 40 different vehicles.

...

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