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Build Income With Airbnb Arbitrage

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Manage episode 521302873 series 2564698
Content provided by Nichole Stohler and Mike Stohler. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nichole Stohler and Mike Stohler or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Welcome back to another episode of The Richer Geek Podcast. Today, we are joined by Daanish Azim, who built a $60K/month Airbnb business without owning a single property. He lost everything in 2022, took a chance on one rental unit, and turned it into a small empire. Now he teaches others how to do the same through Airbnb arbitrage.

In this episode, we chat about…

  • What Airbnb arbitrage is and how it works

  • Why getting property owners' permission matters

  • How to check city rules and avoid issues with regulations

  • Funding the business using 0% business credit cards

  • What today's Airbnb market requires: staging, photos, pricing, and systems

  • Why some people need coaching and others don't

Key Takeaways:
  1. You don't need to own real estate to start an Airbnb business

  2. Local rules matter, always check city regulations and HOAs

  3. Most units need proper staging and pro-level photos to stand out

  4. You can fund furniture using 0% business credit cards instead of cash

  5. Owners want three things: rent on time, low stress, and legal use

  6. Many beginners fail not from lack of information but lack of guidance

  7. Focusing on one business for at least a year builds real results

Resources from Daanish

Instagram | BNB Cashflow

Resources from Mike and Nichole

Check out our latest project here: Barcelona Hotel Fund

LinkedIn | Gateway Private Equity Group | Nic's guide

  continue reading

103 episodes

Artwork
iconShare
 
Manage episode 521302873 series 2564698
Content provided by Nichole Stohler and Mike Stohler. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nichole Stohler and Mike Stohler or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Welcome back to another episode of The Richer Geek Podcast. Today, we are joined by Daanish Azim, who built a $60K/month Airbnb business without owning a single property. He lost everything in 2022, took a chance on one rental unit, and turned it into a small empire. Now he teaches others how to do the same through Airbnb arbitrage.

In this episode, we chat about…

  • What Airbnb arbitrage is and how it works

  • Why getting property owners' permission matters

  • How to check city rules and avoid issues with regulations

  • Funding the business using 0% business credit cards

  • What today's Airbnb market requires: staging, photos, pricing, and systems

  • Why some people need coaching and others don't

Key Takeaways:
  1. You don't need to own real estate to start an Airbnb business

  2. Local rules matter, always check city regulations and HOAs

  3. Most units need proper staging and pro-level photos to stand out

  4. You can fund furniture using 0% business credit cards instead of cash

  5. Owners want three things: rent on time, low stress, and legal use

  6. Many beginners fail not from lack of information but lack of guidance

  7. Focusing on one business for at least a year builds real results

Resources from Daanish

Instagram | BNB Cashflow

Resources from Mike and Nichole

Check out our latest project here: Barcelona Hotel Fund

LinkedIn | Gateway Private Equity Group | Nic's guide

  continue reading

103 episodes

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