Goal: To provide an optimal experience for each guest.
Why do this?
Reason #1: To increase cash on cash return on an income property by a factor of 2-3x vs a traditional landlord-tenant model.
Reason #2: To limit the amount of time, energy, attention taken up by owning the property, by setting up simple, efficient systems to manage day to day operations.
You want to have passive income. Sounds nice, right?
But is “passive income” truly passive? You may have considered buying a property to rent out, but with the recent housing downturn and an unknown financial future, how can you make a sound investment decision?
…And what about the headaches? Dealing with tenants, or even property managers, contractors and maintenance workers can be a hassle.
In these articles, I’m going to show you how you can build a healthy side income using AirBNB.
I will lay out the following:
- The proven blueprint to setting up a successfully automated AirBNB rental
- Brand new ideas and strategies to manage a multi-family apartment complex
- Case studies, interviews, tools, tech and resources.
- What could go wrong? The potential risks and how to mitigate them
We will also open up the discussion to make this guide better in the future. To this end, if you have your own AirBNB Rental tips and strategies, please leave a comment on one of the articles!
If you know some friends that would benefit from this guide, please share using the buttons at the bottom.
Finally, if you like this resource page and are interested in receiving more information about building and managing wealth in the future, you can go VIP right now by signing up for the Make More Marbles email list at the bottom of this page. No spam… just great stuff, delivered right to your inbox.
Without further ado, here is the content:
Why focus on cash flow instead of flipping houses? Short answer? Risk. First, a little bit of background on investing vs trading:
Investment Property Vs. Flipping Houses and Why Cash Flow is King
Want to use AirBNB to increase your rental income? Look no further.
How To Increase Your Rental Income 2-3x with AirBNB
What about the headaches? How can you avoid the hassles and free up your time, attention and energy?
Case Study #2: Aaron, who uses AirBNB to provide a service to his community.
What happens when things go wrong? What about taxes and other legal implications of running an AirBNB business?
Mitigating risks: Taxes and Legal Implications of Running an AirBNB business
You can see this entire guide, along with all add ons, worksheets and more by signing up for the VIP email list here:
VIP’s get the best treatment, so you can expect only the best stuff, and no spam. Unsubscribe with one click.
Check out this testimonial from Tyler, who used the AirBNB Blueprint to 3x his revenue and 2x his profit compared to similar units in his building:
Tyler Watkins Make More Marbles AirBNB BluePrint Testimonial from Brad Hart on Vimeo.