28 Jun Passive Airbnb Frequently Asked Questions
A couple of things that I’d like you to know.
- Passive Airbnb just hit our 100th posts today. Woohoo! This is really awesome because, without your continuous support, we would not have achieved this milestone.
- We celebrated by creating these comprehensive FAQs.
Here are the Basic Passive Airbnb FAQs
First off, we’re proud to say that we’re the original creators behind the idea of Airbnb Arbitrage.
We’ve been teaching this course for over a year now and we are always adding new and updated course material.
The questions we get generally stay the same. Well, here are some of the most common questions so far.
What is Airbnb?
Airbnb is the most popular home-sharing platform in the world. Airbnb had $2.6 billion in revenue in 2017. In 2016, they had close to $1.7 billion in revenue. That’s close to a BILLION dollars in growth in just one year. Come and join this crazy growth!
I don’t own any properties. Can I still start this business?
Yup. That is why I created this blog to show you how you can leverage rental arbitrage to build a profitable business on Airbnb and start getting passive income.
I have students that are consistently earning 6-figures. If you put into the work, you too can achieve your financial goals.
What is a Superhost?
Superhosts are experienced hosts who provide a shining example for other hosts, and extraordinary experiences for their guests. On average, they earn a lot more than regular hosts.
I live in Europe, Australia, Malaysia, India…will this work here?
Here’s what you should do. Go to Airbnb and look for actual units in your area. Pay attention to 2 things: prices and reviews. Airbnb is live across 81,000 cities and 191 countries. Chances are that it’s already working in your city.
What is the time commitment for this thing? I have a full-time job.
You’ll just need to set aside a few hours per week. Remember, you can work at your own pace.
More importantly, I will teach you how to put yourself in the top 10% of global Airbnb earners with just a few hours of work each week. Consistent is the key to success.
I have a spare room… Can I rent it on Airbnb?
Yes, that is perfect. Focus on module 6 & 7. When you’re ready to scale, you can go back and study module 2-5.
How much does it cost to get started?
Good question. Your rental market will probably be different from mine. So your start-up costs will be different. Here are a few things to keep in mind:
- Monthly rent
- Security deposits
- Furniture costs.
I am looking to start in xyz city, will this work for me?
Great question, lousy answer: perhaps. It’s really important for you to find a profitable market that has little to no short-term rental (STR) restrictions.
The bad news is you’ll have to do some work on this. The good news is that I will teach you how to do research as well as how to find a profitable market to do STR.
I am looking to make some money quick… is this right for me?
The course is for those who want to work toward reaching their passive income goals. Please come back when you’re ready because we’re not going anywhere.
More Technical Frequently Asked Questions…
How do you deal with the standard “No Sublease” contract clause?
We recently paid a real estate lawyer to rewrite our residential sublease agreement. We have included the updated version in this e-course.
Why don’t landlords just do this themselves?
They certainly could. But…They don’t want to manage the day-to-day of an STR business. Most landlords just want to collect their monthly rent. That’s where you come in. The course will help you convince a landlord to work with you.
Can I run this business remotely?
Never thought you’d ask. Yes, that is the beauty of this business model. You can run it anywhere in the world. But most of my students start near their current residence.
Q: Do you have a money-back guarantee?
YES! AN UNBEATABLE GUARANTEE: TRY PASSIVE AIRBNB COURSE FOR A FULL 45 DAYS, 100% RISK-FREE.
It’s simple: join the program and try it yourself. Do the exercises and if this course doesn’t help you, then I want you to email me. Show me that you did the exercises, and I’ll give you all of your money back… 100% risk-free.
Q: How much help am I going to get?
You really don’t need me for a phone call because the course is as straightforward as it gets. Plus, after you join, you’ll get access to our private groups.
I’m worried about Occupancy rate. How do you ensure that I get booked consistently?
In my blog and e-course, I’ll teach you how to consistently ensure a 5-star guest experience so that you’ll be on track to earn your Superhost Status.
Anything else? feel free to comment or shoot us an email: [email protected]