The 5 Airbnb Business Models YOU NEED TO KNOW TO GET STARTED TODAY
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- Опубликовано: 19 июн 2024
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STEP 1: Watch my case study on creative hosting 👇🏽
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STEP 2: Download my free guides 📚
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Top 5 Airbnb Business Models 🏘 - bit.ly/3teK2tl
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*All content on the Robuilt RUclips channel reflects my own opinions and should NOT be taken as legal advice, financial advice or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
I did house hacking as a VRBO in my home because I live close to the airport & am near a transit center(previously before COVID). I was making $20K/year- so paying for my mortgage PLUS having savings. This is why I have such a well padded Roth IRA! One thing: you have to be friendly, CLEAN ALL THE TIME, and have really good bedding!
Love this! Not paying a mortgage is pretty dope right?
But now- I am looking at homes near National Parks and I am finding really good deals to expand this further!
@@EMSpdx would you mind sharing which National Parks? I’m here in Utah and anything close to our 5 are crazy expensive! But I’m definitely interested! Thanks!
@@mattbrown8911 Hi Matt- I am actually looking in Utah- Duck Creek Village! I found one for $220k but it needs a deep cleaning and redecorating.
House hacking? Like renting out a room?
Love your style mate. You're part of the reason why YT stays relevant. Thank you
Never considered cohosting, but I can definitely see the need for it! Really solid video w/ some great suggestions!
Much coolness! Excited to hear how things went with your neighbors on the current Gatlinburg property. I just got home Saturday from Tn. Great time on Douglas Lake and of course I was in your neck of the woods and saw some critters at Cades Cove!
One of the first views! Love your content. I love that your content is AirBnB but also some other content , makes me want to keep coming back for more. Keep it up. I've seen your first video compared to now and you've done amazing!
Crazy to see the progression right?!
this is so inspiring, in fact so inspiring that me and my dad is planning on buying a property by the beach that we can rent out, all beacuse of this channel.
well done! I'm enjoying your channel. Lots of great ideas.
Hey Rob. Can you do a segment covering what tools you leverage for automating your Airbnbs?
I do actually have a video on that! But I plan on doing a new one for this series!
He did that video already. 8 months ago lol
@@tonysamaniego7875 link it big guy
Great stuff, Rob. Thanks for sharing!
Wow the Clamping return is out of this world.
Thanks for sharing
Tony from Toledo
Valuable information with a dash of comedy. Perfect! 👌🏼
Closing on my first property this week (4plex) and I plan on getting a second home to air bnb shortly after. Getting the vacation home thanks to Mr. Robuilt!
Thank you for the awesome content!
Aw man, I'm so happy for you. Welcome to the world of short-term rentals. I'm proud of you and I don't even know you 😭
THIS IS AWESOME!
@@Robuilt Thank you! Just started RUclips journey as well, working on getting myself to your level!
@@EMSpdx thank you! All I had to do was take some action😅
Good Stuff Rob, we really enjoyed your insight. Thanks for sharing 👍
Muchas gracias por la motivación. Que orgullo que seas latino. Yo mire tu historia y la de tus papás y me identifico mucho con tu papá. Saludos y que te bendiga a ti y tu familia.🙏
Your channel is soo amusing im glad I can learn new information without falling asleep
Oh yeah, this was a super helpful one. I'm sending this to the wife. We're working on a glamping setup to start renting next year!
Been subscribed since you were at about 40k subs. Love watching your videos, always a great source of motivation
How many properties do you have tho!?
We were looking at the geo dome tents but to get them insulated enough for Minnesota and pass the snow load it was like 50k each.
We stumbled across your channel a few weeks ago and we are HOOKED. Thank you for sharing all of your tips, strategies and ideas. You have inspired us to set up an RV glamping AirBNB site on our 2.5 acres which is just outside of Yosemite's main entrance. We want to put in a septic, run water and electrical from our house and get up and running in 6-8 weeks. Would you be willing to post a video detailing tips on how to position our concept with the county to get a "green" light? I've made a few calls already and ""Bob" at the county's planning office is difficult. I am convinced his mind is made up to say "no" even before he listens to my questions. PS Your "Someone set my A Frame on fire" video had us in stitches. I see an HGTV show in your future.
I'm not familiar at all with the specific codes in your area but you want to review the codes yourself to see if the usage is allowed and if there is a process for approval. Unfortunately, there is a chance that it is not an allowed use and it won't matter what questions you ask but hopefully there is something in the code that provides you a path to discuss with them, good luck!
Another great one, becoming LESS concerned about Monday drops. Also, new editor? Graphics 👍
Thank you!
Hey Rob, can you share any advice on doing cash out refi’s on untraditional rentals? I’m building a couple shipping container tiny houses in Florida and the plan was to build them with cash, get the rental income flowing, then get a cash out refi and repeat the process. Now I’m seeing that banks are hesitant to lend on untraditional properties, like a shipping container house, even if it’s inspected by the county and built to code like a normal house. Any info on loans for untraditional builds would be most appreciated!
You keep rolling out great content video after video after video!
Man, thanks Eric. Truly! I’m always so in my head about what I release. Glad to know it resonates with someone!
Dude your Chanel is straight 🔥
Thanks, Dakota! Honestly love hearing that every time someone says it. So I appreciate it!
Where do you find other hosts to co-host? On Airbnb or off?
really helpful, have you ever looked into rv parks? seems like a commercial airbnb village?
Thanks Rob, you inspired my wife to get on board with REI in the form of glamping!
Awesome and welcome! Where are you at in the process?
You drop some cool content my man 😎
Here to learn.
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I’m watching this cause I’m trying to gain information on building a guest house, with a full bathroom in my back yard!
Hey there Rob! Fellow Content Creator here and I came across your channel a few weeks ago (I’ve been binge watching it and love your enthusiasm) ❤️ as I’m looking at purchasing land out at the Joshua Tree. I’d love to chat with you as I’m thinking about getting involved with “Glamping” and going off grid. Wouldn’t mind chatting with you! Paula.
Rob!! I’ve now watched many of your videos and I’m so impressed with your story and ability to tell your story. Question: I’m Currently researching Big Bear to buy my first investment property. But it seems heavily saturated now with Airbnb. How do I know if this area is a good bet?
Im located in Northern California closer to Sacramento and have been Bnb’in for almost 4 years now. Pm me Joe glad to help👍
Thanks Rob. Your videos are both entertaining and incredibly informative. You are inspiring me to create many ideas in my mind for projects of my own. I would love to see a video about the process you go through to verify land use/zoning for new properties that buy and develop. If that info is in another video that i have missed can you please direct me to that content. Seriously, thanks again and congratulations, you are kickin butt!
Generally, you will want to take a look at your planning and zoning code to see what land uses allow what you are looking to do and give a call to your planning and zoning department to discuss! Are you looking to do something specific at this point or just brainstorming cool ideas?
In regards to co-hosting, was there a certain process you used in order to find properties you could co-host?
Does the Airstream in your backyard model work in a suburban setting?
Hi Rob, I'm doing co-hosting and have two really basic glamping listings. But still not much success for now. Is there still access to your teaching group? My budget is pretty low so I like to know what I'm doing wrong or if is just bad location. I have you like an ambassador on Airbnb. Thanks.
If I wanted to create a tiny house village on a plot of land, would I be able to put all 3 or 4 houses along with the land on the same mortgage? Also can Furniture be included on mortgage somehow?
Excelente mi amigo
hey rob! where did u put the airstream?
Did the apartment complex find out you were subleasing the apartment? Did your lease not have a rule against this? How did you handle insurance?
I'm in the midwest, 15000 person city, and there is almost no Airbnbs in my area. Is this an opportunity or a clear warning sign?
I love your videos! There is really no point in me watching them, because non of this can work in Serbia, but still I enjoy your content :)
How much would you charge to furnish a house for a client? It's a lot of work picking out and buying a whole house worth of stuff.
Dang Rob you nailed it! Im totally in! So.. fixing up things now to hopefully get my 1st home soon w FHA loan and have enough extra to put down on more property. Trying to get a home I can house hack and hoping to buy property overseas to airbnb. But maybe I should look into a small piece of land to do some glamping. Oh and I'm a fellow Texan, lol So many opportunities not sure what to do 1st.
Aw yay! Love to hear it. My favorite way to get started is a house hack if that helps!
@@Robuilt Me too! Looking for new home w area to do that OR a little land to have tent or geodome etc. parents have land in Tx but father very close minded. Would never allow it. W geodomes guess you’d have to set up septic right? What about tent on land w no potty? People would actually rent it anyway?
@@arewethereyet-lifeoffgrid not necessarily. You can roll composting toilets! Nature’s head makes a pretty good one.
@@Robuilt oh True! Didn’t think about that! OMG. Love your way of thinking. Soo glad I found your channel! I’ve been binge watching haaaa 🤪👊. Man seriously thanks for sharing your info and experiences. I too have come from little but just got a bit that i can use to invest! So I’m dying to get it done! Dude!! Just go to the video I needed. Lol. Thanks!
I realy like your AirBnb house the one that Kelly feature..would you mind share your floor plan pls..😘
Is there a video that helps get started with co-hosting? Finding home or Airbnb owners who are looking for a co-host?
So how did you go about finding the land for your Gatlinburg glamping site? I am looking for land currently to make this happen, but worry that I wont be able to use what I find due to permitting and restrictions. This has had me running around in circles! (love you insight you give)
Simply call the community development number for your county and ask what is required to run Short Term rentals glamping wise. This is one of the first things I advise people to do before buying a property for Bnb
Hello robuilt I know your busy but I'm about to send off my first proposal to an investor. I was wondering if I could run it by you and get your opinion on my presitation
Hey Rob, what do you think about purchasing luxury homes in exotic places as an Airbnb business? My thoughts are you make profit on these homes while also having a place to vacation in yourself. I guess my ultimate question is: are profits more or less with luxury homes? Any stats on this would be fantastic!
Location Location Location my friend. Just have to put some time into research and essentially look at comps!
Hi Rob,new to your channel, see pretty amazing opportunity in short term rental/glamping. Question re. rental arbitrage. Most leases in my experience have a not sub-lease clauses, how difficult is it to get a landlord to agree to waive that clause. And is arbitrage even more difficult if you are renting in a large apt building. Any info is greatly appreciated, thk you
Hey Rob - Why do you prefer owning the property instead of arbitrage? What do you not like about arb? Im sure you've run the #s and you probably agree that rental arb has higher roi and is "better" in many ways? Would love to hear your thoughts.
Arbitrage is for pure cashflow which is great but in the end owning properties will build long term wealth.
Could do arbitrage to save some capital up and eventually buy to actually have something to your name but all depends on the person and their goals.
What is the best way to find a cohost?
Can you tell more about co- Host management model? Who do you charge 30% of the fees? Where do you find hosts to co-host? I did not get this model, sorry
Would also love to learn how/where to find AirBnB owners who need a manager.
Do you have a Airbnb that has a vehicle that can be rented out if needed or have some type of bundle ?
i want my first time home buy to be an airbnb mobile tiny home. is that a good idea? how do i find a location? what kind of loan would you recommend for this instance.
The rental arbitrage model may not be allowed by the complex, make sure you read your lease. If it prohibits subletting and you're caught doing this, you could be evicted.
Where can one find hosts looking for co-hosts?
I work in texas at an apartment complex, it was banned after the superbowl was in Houston. The TAA said no
How do you get into co-hosting?
I don’t see the .pdf in the description!
Please cover this from an investor stand-point, for people that have capital, and are looking for truly-passive opportunities. Thanks.
Check into property managers that will triple net lease( they pay for RE taxes, insurance and interior maintenance) your STVR property. They pay for all furnishings . Your lease income should exceed 20% per year cash on cash return.
This model of leasing and STVRs is for the passive investor who wants to collect checks with no management or tenant responsibility. Ideal for people who have Solo 401ks wanting tax free income for life.
Cool
Wish we had condos and apartments in South Florida that allow short term rentals and landlords would allow to sublease...😑😑😑....but unfortunately we don't.
How can you co-host? Like where do hosts look for co-hosts?
Same question, but other way around, how do we find hosts that need help?
Hi Rob, we live in Orange County, Ca and own an investment rental in the Disneyland Resort area. We currently have it under LTR and trying to figure out how to convert it to STR. Anaheim banned STR in 2016, so I’m now thinking about monthly rental ie 30+ days and setting up on AirBnB. What are your thoughts on that model in the Anaheim Disneyland Resort area?
What I tell people is it cant hurt to try!
If you have some finances saved up try it for a month or two but thinking of 30+ nears Disneyland could be questionable.
Just have to put yourself in a guests view asking yourself what other attractions would be come here for 30+ days. Hospitals nearby? Traveling Nurses? Business people?
Hey Rob love your videos and your personality. Been wanting to get started with a tiny home or glamping. We live in a 250 acre farm, that is 30 mins from The Lake of the Ozarks which is a big tourist attraction, and wondered if you think that is too rural for anyone to want to come out. Also not sure if I want a bunch of strangers on family farm or should I try to buy a property closer to the lake? Just curious what your thoughts are?
Sounds like an awesome property, I actually lived in southwest Missouri for a bit growing up! Sorry to say that I have no input on glamping specifically in the area as we've been fully focused on our development in AZ but I'm definitely curious if you decided to move forward!
@@TheAdVentureists That cool you ust to live around here. Probably better weather where your at. Lol I haven’t did anything on the glamping yet. Bought a house to flip and then going to take that to buy some property around the lake. Then I know there is traffic.
Im looking to start form scratch LOCALLY as I only have 20k to use and work fulltime on cars.
My question is this;
Being a handy man capable of using rain catch/solar/wall tent stuff, whats the shortcut process to finding out if a County allows this type of camp site on a wooded piece of "unusable" land posted for sale?
Im thinking you just have to start making phone calls?
You're going to want to either review your planning and zoning codes to see what usages are allowed with different land zoning and give a call to your local planning and zoning department to see if they can help tell you determine what the process is. Hopefully that helps!
For geodesic domes, yurts and other temporary structures, who do you recommend for the liability insurance (ie. guest slips, gets hurt, damages your property, etc)? Normally a commercial business insurance would cover this type of liability, but none want to insure since structure is temporary. We are having hard time finding insurance coverage.
Have you looked into proper?
@@Robuilt yes, i did. first they said yes and provided a quote, now that we are trying to secure the coverage they are saying no. any others that you might know or have used?
Does anyone know what home design software he uses?
how do you quify for more than one loan ???????
Isn't setting up a glamping site on your property illegal?
I was looking at some county regulations for my county (Placer County in CA) and it seems like you can only camp there for no more than 30 days out of 180 days. I think this type of regulation might be present in other counties in CA and other states too but I don't know.
Yes, there can certainly be restrictions. We're in Arizona and we had to purchase land with very specific zoning and secure a conditional use permit.
Do you still offer personal mentorship?!?
Whats the best way around 1400sf min building size. I own 40 acres near Atlanta I would like to build something maybe tree house or on stilts. I do have water, but last time I wanted to run electrical they told me I had to have a building permit before they could run power to my property. What are my options ? I was thinking solar and compost toilet. But if they have 1400sf min will I have problems with the city down the road if they do find out about my tiny house in the woods? How about listing the property? Dose AirnB require the property to be on record?
Could you maybe have two 750 sq ft tiny houses connected by a breezeway/hallway so it counts as one structure? One that you could “lockoff” and have the option to Airbnb both units to one guest or two different guests at the same time?
Hello Rob. What is you opinion about buying land in North Carolina? Thanks and love you videos.
Loooooove North Carolina.
Hey Rob, I’m in Charlotte. What areas of NC do you love?
I have a small piece of land in eastern NC, would like to do a glamping airbnb. The property is completely undeveloped right now, plan to start site work early spring. It will have to be off-grid. Would love to see more content on off-grid site needs.
He reminds me of Rob Schneider
Glad to see you are encouraging arbitrageurs to move towards the ownership model when they can. Equity is where it's at.
Hi. I have reached out a couple times in video and your website and not hear back yet. What is your criteria for taking on new partners like you have done in the past projects and many current ones?
Hey Bryan!
Sorry about that man. I've gotten about 300 investor inquires in the last 6 weeks or so. As much as I'd love to work with everyone, it would be impossible and borderline irresponsible to take on so much work. I'm doing my best to sift through the emails though!
@@Robuilt LOL No worries makes complete sense. I just hope to learn from the best and hope you are willing to pick partners who are like you once were, beginning but willing. And not just 'big' pocket partners :-) Want to build my robuilt empire to take care of the family
I've got about 300k in my bank that I want to use to start my airbnb glamping business.. Do you have any straight forward advice on how to start? Ive already got my location and rental type figured out
What location are you looking at? We are in a similar situation and have been in development of a property for about a year in northern AZ, it's certainly a process but we think it will be well worth it! Feel free to reach out (email is on our channel about section) if you're still considering this, always happy to help people get started if we can!
Hey, you have a video on how to become an Airbnb Co-host? 😁😁
Not yet! But maybe I should?
@@Robuilt that will be great. Interested here 🙌I have Leasing and Real Estate background. And Airbnb Co-Host sounds interesting.
Thank you !!
@@Robuilt Yes you definitely should! 😃😃😃😃😃
Hi Robuild. I want to start an Air B&B cleaning business. How do you recommend I get in touch with the hosts? I tried the app, but it doesn't permit me to write my contact info.
Find them on Instagram
How’re those two tents doing?
Unfortunately a lot of these are just not legal in many areas.
Even in the places that you regularly reference; e.g. Joshua Tree (in San Bernardino County) does not allow STR permits for alternative shelters (glapming) e.g. yurts, tents, RVs...
How do you get STR permits for these structures? or do you do so with no permit?
Subletting apartments is against the terms of most all leases. Even is a landlord allows it, they often would not allow you to charge more than the rent you pay prorated for the portion of the apartment sub-letted.
Glamping specifically is certainly in it's early stages of development and regulations are highly location specific. For example, we're starting a glamping business in northern arizona and you need a conditional use permit which is certainly a process but not impossible as we've already received it. Most people who are doing it currently are not running it permitted but we've been hearing that our county is actively shutting these down. In JT, I've heard it's even more strict and that they are giving sizeable fines to illegal operators!
@@TheAdVentureists Sounds about right. Just surprised by Rob implying Glamping is legit because he often discusses hit set up in JT where Glamping is strictly not allowed. I wonder if he has gotten caught and not mentioned it on the channel or if he simply has not gotten caught yet. Also subletting for profit is not allowed on any halfway decent lease doc. You can get away with it more often than not, but it is a violation of most all leases. Most leases do not even allow guests for more than 72 hours without landlord permission.
@@michaelgrabstein6423 Our property is in a very popular glamping area, the same as Rob's actually, and virturally all glamping sites listed on airbnb in our area are unpermitted.
@@TheAdVentureists Understood and total agree that most are not permitted. I am a bit uncomfortable buying property with the intent to capture some of the cost with STRs for glamping or otherwise when it is not legal.
It seems a bit misleading that Rob suggests these strategies (with or without the "i am not lawyer" caveat) when the things he is doing are not legal and likely not permitted. He clearly knows that he is breaking the law or if he is not breaking the law he got a difficult to obtain special use permit. If he did get the permit he should mention that as a critical hurdle for being legal and compliant. He might not be a lawyer, but he knows that he is breaking the law.
@@michaelgrabstein6423 There's a lot of legality issues currently in this industry that many people are choosing to ignore. We've been fortunate to actually talk to a number of people wanting to do it the right way and are certainly willing to help if you want to get into the industry! Feel free to reach out to discuss further (email can be found in our channels about section), would love to connect!
The house hack numbers sound like science fiction for me unfortunately 😭 my city is way too expensive
I live in Cali, I don’t own a home. I have about $10k to my name in savings and I have good credit but I don’t have a job that I’ve been at for 2 years. I’m a college drop out. WhAts my best bet ? My dad can prob help me out with money but that’s it
To collect income from somebody else’s property from co hosting don’t you need to have a real estate license since that is technically property management on behalf of somebody else?
If you are receiving the money and then dispersing it to your clients yes as you are technically fully managing their property.
If you are simply a co host for their property instead of being the admin of the account I don’t believe you do. Check with your state on property management guidelines though
If I was to get an FHA loan at 3.5% or less down, can't I not air b and b that property because of the rules regarding the FHA loan?
It HAS to be your primary residence. Meaning, it's where you live. You can't just buy the property and turn it into a business. The one big stipulation is that for it to be permitted as a rental, you have to have lived in the property for at least a year.
my fear is that if i get a glamp site up and going no one will book it. then im left with the bill... or even buying a house to air bnb...
Is anybody familiar with renting their house on an fha loan? This March I will have lived in my house for a year and from what I’ve read I believe you’re in the clear to rent your house out as long as you’ve lived there for a year? (FHA)
what memory foam mattress do you recommend?
Usually this one:
amzn.to/2YkHrir
Or Zinus. But I hear they are being recalled.
@@Robuilt thanks 🙌
If a person could ask one single question about host camp it would be easier to decide.
💪🏾
How I contact with you?
Hello! I need a tiny home builder. I commented on tiktok because I don’t see an email or contact button. If you build or know any builders pls help. I’ve had no luck in CA or state of Nevada for quality builders.
First
The covid hysteria has put an indefinite pause on my Airbnb plans.
first
FYI the last option of renting out a rental is definitely against landlord tenant code in many cities. Be careful with that one.
It's also allowed in MANY cities. Find a city where it works. Problem solved.
I thought you couldn’t do Airbnb with an FHA loan?
Ok I’m sorry...this video is great, but I do have one question: how in the HECK are you building TWO geo-domes for only $63,000??? Unless that’s the price for EACH dome. The frame package alone is like 15-22k. So you’re only paying 15k for the full build out for ONLY ONE??? The numbers aren’t adding up brother. Please clarify. Thank you!
Also, does that 63k for 2 domes include the site prep, foundation, deck, amenities, utility connections, furnishing, and permits? I mean...again, for one dome, that makes sense. But for two? The numbers just aren’t adding up bro. Hope to hear back. 🙏🏼
Pacific domes run about $7-12k a pop.
@@Robuilt the smaller models, yes. You’re right. But the build out is still the costliest (is that a word?) part of it all. Is your 63k for both including deck, foundation, permits, furnishing, utility connections, etc? Again, just trying to get clarity because I’m working on a project now and we want to add domes as well.
nick johnson sound alike