How to become financially independent with Airbnb by Brian Page. Should you do it?
What is Airbnb?
Airbnb, Inc. is an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities. Based in San Francisco, California, the platform is accessible via the website and mobile app.
Airbnb is an online marketplace that connects people who want to rent out their homes with people who are looking for accommodations in specific locales.
Airbnb offers people an easy, relatively stress-free way to earn some income from their property.
Guests often find Airbnb is cheaper, has more character, and is homier than hotels.
Airbnb makes the bulk of its revenue by charging a service fee for each booking.
Cons of using this service include not getting what you expected, and, for hosts, renting your place to someone you haven’t had the chance to meet first.Recently some online entrepreneurs have been advancing the benefits of making money with Airbnb without owning the property.
Recently Brian Page has created a “formula” book (Free plus shipping ($9.95 – $14.95)) that walks you through how to start doing it yourself.
The book teaches you:
- how to start from scratch
- you don’t need a lot of money
- you don’t need a lot of time
- how to create beautiful Airbnb listings
- listing strategies
- how to find properties
- it also provides coaching calls (upsells?)
Things to consider:
- If you decide to go beyond the book it will cost you $2,000.
- You may live in an area not attractive enough for Airbnb properties.
- You will need to set up a LLC.
- Become familiar with Airbnb fees.
- You must become familiar with STR laws.
- You must learn to sell landlords on the concept (usually face to face).
- You are dealing with a business that is (and will continue to be) significantly impacted by COVID
The Power of Information!
Jeff Bezos (currently the richest man on the planet) and other online millionaires are making their real money through digital real estate (or information).
Brian Page is doing this himself with his book!
Digital information is almost all upside. You don’t have the downside of dealing with brick-and-mortar issues.
Click here to discover if the digital approach to online wealth is a better fit for you.