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How I Started My Airbnb Business Without Owning Any Real Estate
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I started this business by listening to
a podcast as simple as that what's going
on guys in today's video I'll be going
over how I started my Airbnb business
and how you can to literally anyone that
has a few thousand dollars saved up can
start this opportunity to start
generating cash flow in real estate so I
had this on my mind I was like hey I'm
gonna get involved in real estate
somewhere another initially the idea
sprung into my mind when I heard a
podcast I'm going over to the business
model pretty much how it could benefit
anyone that wants to start making money
in real estate and I sort of you know
listen to this podcast once and I was
like okay this is a great idea
I listen to it twice and then I
initially like I know I I guess was my
intuition telling me I have to do this I
have to act on this now so pretty much
the idea sort of sat on my mind for a
long time I had this thought just it
wouldn't leave my mind so I was like I'm
gonna do what I have to do to get the
ball rolling now in this podcast that I
listened to and I can make it down below
I was a self-made man podcast featuring
some dude that does this full-time after
hearing this podcast and hearing the way
that this guy started I was like dude
listen if this guy can do it I can do it
as well so why not and so I pretty much
implemented the exact same steps that
this guy did in order to get my business
up and going and of course there's
always like little things that are
hitting that popped up that I had to
sort of deal with on my own but for the
most part the structure of the business
model was inspired by this podcast which
is another good reason for you guys to
listen to podcasts instead of listening
to music for entertainment I'll leave
that for another another topic another
video but I really encourage you guys
listen to listen to podcasts and I
really encouraged that part of like
self-development and it's a really good
motivating factor in your life I had a
subscriber comment let us know a little
bit more about how you got started and
so I'm gonna break that down listen to a
podcast had the idea in my mind right so
this guy was doing it successfully and I
decided to just pretty much incorporate
what he did in my own life so what this
guy was doing he had multiple properties
like I mentioned it in the pre and one
of my previous videos I mentioned you
want to scale this to the best of your
ability you want to have multiple
he's generating you income on a monthly
basis there is no better way to do that
than to do it the way that I've started
with this property this idea may not
stay well with a lot of people and I
know the perspective from the landlord
side and the perspective from the renter
side and I've sort of done my research
on I'm renting this property and I have
a written agreement with the landlord
that says I can host an interview and be
in this property and that's pretty much
what it comes down to that's how you can
scale very quickly you can move up and
you know how many properties you have is
by negotiating with multiple landlords
and figuring out like a medium ground
where they allow you to host in their
own property so I'm 21 not not a really
good credit score not a lot of cash
upfront to just are investing multiple
properties and what better way for me to
get started then to start by renting
these properties and still you know
paying the monthly rent and having the
margin for profit at the end of the
month and that's when it comes down to
you so this property I'm gonna show you
to do with the landlord again as the
lawyer to write up a contract he pretty
much gave me the contract saying hey I'm
a lot of hosts and Airbnb and his
property I hope that answers the
question how did I get started so that's
exactly how I started i sat with a
landlord and I negotiated a deal
allowing me to use his property to
generate cash flow I can help you guys
out if you have any questions just leave
them down below this may be an unpopular
opinion with some people just because
they think that you know it's some
policing but it's really not subleasing
you're just doing your operating a
short-term rental so you have to come to
an agreement with the landlord so anyone
let's say you're 18 years old you don't
have money to buy a house you don't have
money to put 20% down on an investment
property what you have you know you have
whatever amount of cash you have set up
you can use that to start generating
multiple thousands a month and start
generating real real estate cash flow so
pretty much after I got everything
figured out on the legal side I said on
my LLC and so everything you know on the
business aspect of things I just got in
here and I furnished the place so after
doing all that I pretty much set up this
Airbnb property based off of what I
would want when I went and said that
multiple everybody's across the states I
decided hey a good Airbnb needs this
this and this so someone up I think you
know it's fairly simple on how I got
started you know I got the initial idea
was inspired by podcasts and I was like
if this guy can do it I can as well my
camera just died so I'm back in my
office getting that figured out for the
outro of this video I pretty much want
to sum up what I was saying earlier so I
listen to a podcast I got inspired I was
like dude this is working for somebody
else I'll make it work for myself I went
out and I found a landlord and we
negotiated a deal and I brought value to
him in some way shape or form
to where he was willing to let me use
his property as an Airbnb rental you
have to be a guide to the landlord if
you just go up to the landlord and say
hey lose your property he may not really
want to hear you out and you may say get
my face you're wasting my time if it's a
win-win for you and landlord then it'll
be a done deal and I've talked to
multiple landlords and I've been you
know landlords that told me dude get out
of my face
so you kind of have to do a little bit
of exploring a little bit of digging and
it's not that hard once you get your
first property we'll having social proof
needed to go out and be like hey this is
working for this landlord can we work
something out and it's sort of it helps
you a lot moving forward that's why I
think this opportunity is so easy for
anyone to get started because you don't
need any real estate upfront you just
need you know a few thousand dollars to
buy the furniture buy everything needed
by all the amenities required to host
you know a comfortable Airbnb be sure to
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thank you guys once again for staying
tuned and I'll see you in the next video
[Music]
