Subject: Follow-Up on Training Dates Hi Rob, I hope you're doing well. I think I may have missed it-could you kindly confirm the dates for the training? Also, in case I’m unable to attend, will a recording be available for us to access later?
I switched from Airbnb homes to condotels. I buy hotel rooms in beachfront hotels. The hotels rent the rooms and do the cleaning for me. They take 30% and mail me 70%. I get about 85% annual occupancy.
Maybe in some situations it can work, but do not go into peoples neighborhoods and set your STR up to encourage guests to go outside and be loud. I used to think that way until I realized that even something simple like horseshoe pits cause the people to yell every minute or so. You can hear it from a block away. It's just bad manners to do that in a neighborhood and it creates bad blood. Other STRs in the neighborhood where my property is have done that and I hear the neighbors griping about them. They always say they never hear my guests but the other places drive them crazy. These outdoor country club themes can help but I have decided to make high quality landscapes that improve the value of the home, in a quiet way. Do everyone a favor and use this same ingenuity to think of quieter ways to add value.
Im a photographer that solely shoots airbnb's, and im blown away at how many AIRBNB hosts have beautiful houses, but they use their cell phone for their photos. Dont get me wrong, cell phones are great, but when you're trying to run a luxury airbnb, YOU CANT SKIMP ON THE PHOTOGRAPHY. Just hire someone who knows what theyre doing.
So here’s my question. Just like how you pointed out that the market caught up and everyone got nice furniture and that became the status quo, what happens when more and more of the market starts doing this too? At what point are we going to hit the ceiling on putting out amenities in the tens of thousands? Sure, your revenue sky rocketed now, but if more and more people start doing this and it becomes the new status quo, what then?
Branding. Just like hotels. Buy the failures at a discount, and slap your established name brand on it. Profit margins won't be as large, but hey, you could franchise.
I think it's already the standard, however, people are always going to want those cheaper deals. There's a reason why Ikea still exists - not great quality furniture, but looks okay and the price is right. Personally I have high end units, but I've considered some budget properties that are popular because it's a set of condos with a nice pool and amenities for families. Especially young families with kids...they don't mind that the furniture isn't perfect because they worry their kids will damage it. There is more than one market out there you can capture and they all have their pros and cons. It all comes down to which set of pros and cons do you want to deal with.
Your videos gave me and my sis the confidence start our first Airbnb and we have been killing it from the first month we started. 5 months in, became superhosts, and now we are going for a second. Changed our lives man, keep on killing it!
This information is gold. I’ve learned so much from you from your RUclips channel and being a part of Host Camp. I’m setting up a new property and I’m so much more confident it will be a success now that I have the tools because of your education. Thank you!!
Comments like these make my day. These videos take soooooo long to make. So your kind words genuinely warm my heart. Honored to be a small part of your journey.
Good info, but this ROI increase has to be sustained or all you’ve done is paid back your expensive renovation. If playing the same game by a new set of rules changes every few years and cost $30-$50,000 every time the change occurs, all you’re doing is playing catch-up.
That is the problem with short term rental. At the end he is just adding equity, using cost segregation and bonus depreciation on the renovation costs to reduce taxes on his other properties income and down the road sell the property to someone else to continue with the catch up game. 🤷🏻♂️
This is some of the better pull quotes from the free sesh the other night. I've been doing this on a big-gish scale for 12 years (6 big jazz properties in a big market New Orleans) and there was definitely some further tweaking to do. Reinvesting in the current property, but also realizing especially for properties that we own, just a slight bump can actually be doubling our ROI because like many places, we don't break even until like $70K when you consider absolutely everything. That would be my response video but I sadly cannot compete with your hair.
Airbnb is dead. I tried it multiple times and it’s not worth it imo. It’s a job not passive income. Too many people also started hosting making it saturated.
Not only that but the problem really is people. Many are fine however the few bad apples were bad enough to make me realize it wasn't worth bringing strangers into my neighborhood.
It really is. I like Robs content but I think only the ppl with deep pockets to have the latest And greatest everything in a home will still be successful with Airbnb and even some of those ppl are failing I know some. It also has to be the right market. Some of those top vacation markets will eat you alive. I tried Miami and still have nightmares lol.
I literally lived off of one Airbnb while I travelled and moved around the US. Market is super important. And like every investment, the fundamentals matter. If it works as Airbnb it also has to work as long term rental. No exceptions.
Great video! My question is how do we know which are the key amenities and themes to give best ROI in each market. For example, a pickleball court is great in Phoenix but no so much in the smokies.
As much as we love pets, we unfortunately do not allow any pets over the vacation home whether for a little bit or to stay the entire reservation. We are very sorry about this & hope you understand! ( needs to be revised on your site)
I was caught in a country after a travel debacle. I went from an Airbnb to a hotel. My day looked like, wake up eat breakfast at hotel. Go to gym at hotel. Go to pool at hotel. Eat lunch at hotel, go out for the afternoon. Eat overpriced dinner at the hotel. The hotel was free, because of the hiccup. On those four days I spent more money on food and drinks than I did on the Airbnb for the week.
When you compare a hotel room to a house with amenities, it is cheaper. There is no affordable hotel for families, my family of 4 has a choice to not enjoy life in hotels for a few days (save money) or have a nice vacation. Comes down to whether you want comfort or price. You are correct that airbnb is not cheaper ... but as you can see, hotel rooms don't have private pickle ball courts and pool houses. Then you finish life and are like "I saved $50 on that hotel one time in 2024 ... yeah good times."
Personally im done with airbnb! By the time i bought all the furniture and make upgrades. I could have bought another property and give it to a property manager and not have to deal with the hassle. Not to mention the time it takes to manage.
I’m really trying to follow this advice. Whats your opinion on debt? My husband and I just paid off nearly 28k of debt. I have an airbnb and want to add a hot tub. However it would add to debt that we just paid off. I follow you, Coach Carson and David Green for my advice and try to follow each but just wondering this.. Tysm!
I know may people do BnB different ways. Are you purchasing these properties or renting. I know some people who rent properties and use them as Bnb’s instead of having a mortgage? Like some people have apartments and condo, that they are renting and use them as AirBnb’s. What is your take on that?
I've been to old model bnb's, and they always made our breakfast and sat down with us. The bedroom rental was in their house. I wonder if that model still exists, at least starting out. By the way, I prefer to watch your video on .65 speed. I got more value out of it.
My best friend laughed an Airbnb in his basement and the first guest was this older couple who'd never used Airbnb before and they checked it and asked "what's for breakfast" which is awesome.
For sure. This message will always be my message. I'm aggressively going into an "anti-scale" mindset. But when I have a similar message, I always try to contextualize with new data/info. I now have hard proof for a lot of these theories :)
Hi Rob, what percentage of a property's market value would you consider the minimum acceptable to generate monthly income with an Airbnb? For example, if I purchase a property for $400,000 paid in full, how much should I aim to earn monthly for it to be a profitable investment?
Why stay away from Airbnb? I love hosting and my guests are super happy! Would you prefer staying in a hotel, or are you just tired of changing sheets?!?!
To sum it up…find a niche older, richer, predominately white people are into and create your short term rental along those lines and you’ll be able to rent it. Let’s be honest, normal people ain’t renting a place for $400 a night to play pickleball. Another couple ideas would be partnering with a charcuterie company and make a wine and cheese theme, anything that’s in the middle of the outdoors without ever having to experience being outside is always a winner. If you could plop a tiny home and surround it with zoo animals, that’s another hit. It ain’t really rocket science. Think of the people who can afford air bnb right now, look at their interests, and set a theme house catered to it. Done and done 🤷
Spend more money, make less profit, and if you outdo your competition they might reinvest their profits to outdo you. A money arms race to the bottom. Airbnb isn’t the way anymore. Maybe in the future but not now. Always someone richer and dumber than you out there you’ll be competing with.
Love you. 99% of my content is free and no one gives as much free Airbnb game as me on the internet. So I'm actually quite happy with the fact that I can make an awesome livelihood from education. Good luck with your mindset though, Papi. Enjoy the free content 😉
Get access to my best Black Friday deal of all time for Airbnb hosts:
www.robuilt.co/black-friday-deal
Subject: Follow-Up on Training Dates
Hi Rob,
I hope you're doing well. I think I may have missed it-could you kindly confirm the dates for the training? Also, in case I’m unable to attend, will a recording be available for us to access later?
@ you get access to all the recordings in December in case you miss a date or two. You can nab the recordings for life if you want at checkout!
@@Robuiltwhat financial software are you showing those numbers on? Love the vid
@@Anthony_ralloguesty!
Video starts at 5:11
Video ends at 17:59.
Not all heroes wear capes ❤
@Saveg36 when does the Video really end
@@MAD-DUKE@5:12 if you have time
Thank you so much for this
I switched from Airbnb homes to condotels. I buy hotel rooms in beachfront hotels. The hotels rent the rooms and do the cleaning for me. They take 30% and mail me 70%. I get about 85% annual occupancy.
Interesting, how would you present an opportunity like this for the hotel?
70% of what? What is everything they do and provide for the 30%? What expenses are deducted before they do the % split?
This sounds very interesting. Can you elaborate a little bit more on this please
Maybe in some situations it can work, but do not go into peoples neighborhoods and set your STR up to encourage guests to go outside and be loud. I used to think that way until I realized that even something simple like horseshoe pits cause the people to yell every minute or so. You can hear it from a block away. It's just bad manners to do that in a neighborhood and it creates bad blood. Other STRs in the neighborhood where my property is have done that and I hear the neighbors griping about them. They always say they never hear my guests but the other places drive them crazy. These outdoor country club themes can help but I have decided to make high quality landscapes that improve the value of the home, in a quiet way. Do everyone a favor and use this same ingenuity to think of quieter ways to add value.
Great thoughts and heart my friend.
After watching you for a long time I’m finally starting on my first property. Thanks for all of the continuous lessons!
Let's gooooo! I am genuinely so thrilled to hear that. Congrats :) What market are you looking at?
Im a photographer that solely shoots airbnb's, and im blown away at how many AIRBNB hosts have beautiful houses, but they use their cell phone for their photos. Dont get me wrong, cell phones are great, but when you're trying to run a luxury airbnb, YOU CANT SKIMP ON THE PHOTOGRAPHY. Just hire someone who knows what theyre doing.
But then if you make the pictures better than the actual airbnb, the renters hopes can be dashed and disappoint.
Seems unnecessary
As a content creator with kids I know exactly what you go through. Thanks for leaving that all in. So relatable. 😂
Haha the struggle is real. But hopefully, one day they'll look back and think it was cool that they made it in here and there.
So here’s my question.
Just like how you pointed out that the market caught up and everyone got nice furniture and that became the status quo, what happens when more and more of the market starts doing this too? At what point are we going to hit the ceiling on putting out amenities in the tens of thousands? Sure, your revenue sky rocketed now, but if more and more people start doing this and it becomes the new status quo, what then?
Then ?
Robots.
I'm only half-joking.
Branding. Just like hotels. Buy the failures at a discount, and slap your established name brand on it. Profit margins won't be as large, but hey, you could franchise.
I think it's already the standard, however, people are always going to want those cheaper deals. There's a reason why Ikea still exists - not great quality furniture, but looks okay and the price is right.
Personally I have high end units, but I've considered some budget properties that are popular because it's a set of condos with a nice pool and amenities for families. Especially young families with kids...they don't mind that the furniture isn't perfect because they worry their kids will damage it. There is more than one market out there you can capture and they all have their pros and cons. It all comes down to which set of pros and cons do you want to deal with.
@@MrHamlet very true. Thanks for the perspective.
Your videos gave me and my sis the confidence start our first Airbnb and we have been killing it from the first month we started.
5 months in, became superhosts, and now we are going for a second.
Changed our lives man, keep on killing it!
This information is gold. I’ve learned so much from you from your RUclips channel and being a part of Host Camp. I’m setting up a new property and I’m so much more confident it will be a success now that I have the tools because of your education. Thank you!!
Aw thanks Stacee! It's been an honor being your educator :) Proud to see everything you've accomplished in the last two years 🥹
You dont understand how much I appreciate you for this free value that is so informative and sooooo digestable, thank you soo much 💕
Comments like these make my day. These videos take soooooo long to make. So your kind words genuinely warm my heart. Honored to be a small part of your journey.
Good info, but this ROI increase has to be sustained or all you’ve done is paid back your expensive renovation.
If playing the same game by a new set of rules changes every few years and cost $30-$50,000 every time the change occurs, all you’re doing is playing catch-up.
That is the problem with short term rental. At the end he is just adding equity, using cost segregation and bonus depreciation on the renovation costs to reduce taxes on his other properties income and down the road sell the property to someone else to continue with the catch up game. 🤷🏻♂️
you are spot on. Love the renovation.
The kids while trying to record a RUclips video haha so relatable 😂
If he was so successful with his method he would not be broadcasting the secret to the competition. He sells memberships.
This is some of the better pull quotes from the free sesh the other night. I've been doing this on a big-gish scale for 12 years (6 big jazz properties in a big market New Orleans) and there was definitely some further tweaking to do. Reinvesting in the current property, but also realizing especially for properties that we own, just a slight bump can actually be doubling our ROI because like many places, we don't break even until like $70K when you consider absolutely everything.
That would be my response video but I sadly cannot compete with your hair.
Airbnb is dead. I tried it multiple times and it’s not worth it imo. It’s a job not passive income. Too many people also started hosting making it saturated.
What kind of property did you start with
Not only that but the problem really is people. Many are fine however the few bad apples were bad enough to make me realize it wasn't worth bringing strangers into my neighborhood.
It really is. I like Robs content but I think only the ppl with deep pockets to have the latest And greatest everything in a home will still be successful with Airbnb and even some of those ppl are failing I know some. It also has to be the right market. Some of those top vacation markets will eat you alive. I tried Miami and still have nightmares lol.
I literally lived off of one Airbnb while I travelled and moved around the US. Market is super important. And like every investment, the fundamentals matter. If it works as Airbnb it also has to work as long term rental. No exceptions.
I manage over 30 and I can tell u right now it’s either ur location or your management your welcome
Man's got good management for proporties and even better at managing kiddo video bumps👌. Thanks for the advice!
Hahaha it's a skill I've mastered over the last 4 years 😂
everyone who is leaving the short term rental business is just making it easier for the the real players. They just wanted a quick come up.
the "so that one does okay" line killed me 😂 great video!!
Air B&B has gone in the same direction Ebay went and became undesirable to use as a host or seller in the case of Ebay.
I can see why you'd say that. But honestly, for the most part, I do feel like Airbnb has had my back through most things.
Thank you.
Great video! My question is how do we know which are the key amenities and themes to give best ROI in each market. For example, a pickleball court is great in Phoenix but no so much in the smokies.
Very helpful Thank you for sharing this
As much as we love pets, we unfortunately do not allow any pets over the vacation home whether for a little bit or to stay the entire reservation. We are very sorry about this & hope you understand! ( needs to be revised on your site)
Another great video..Thanks Rob 🏖
Airbnb has gotten too expensive, which is sad. Most of the time you can find more affordable hotels.
come to British Columbia where it's been banned, now hotel prices have doubled
Honestly that makes sense. A hotel you get so much less value. A air bnb often you get the whole house so of course you should pay more for more space
I was caught in a country after a travel debacle. I went from an Airbnb to a hotel. My day looked like, wake up eat breakfast at hotel. Go to gym at hotel. Go to pool at hotel. Eat lunch at hotel, go out for the afternoon. Eat overpriced dinner at the hotel. The hotel was free, because of the hiccup. On those four days I spent more money on food and drinks than I did on the Airbnb for the week.
When you compare a hotel room to a house with amenities, it is cheaper. There is no affordable hotel for families, my family of 4 has a choice to not enjoy life in hotels for a few days (save money) or have a nice vacation. Comes down to whether you want comfort or price. You are correct that airbnb is not cheaper ... but as you can see, hotel rooms don't have private pickle ball courts and pool houses. Then you finish life and are like "I saved $50 on that hotel one time in 2024 ... yeah good times."
Personally im done with airbnb! By the time i bought all the furniture and make upgrades. I could have bought another property and give it to a property manager and not have to deal with the hassle. Not to mention the time it takes to manage.
Hey Rob, thanks for the content. What’s the latest on your Airstream? Just curious if that’s still working out well.
I hope you are doing ok leveraged at 40 houses- you know whats coming up?! 🎉🎉🎉 50% off
I’m really trying to follow this advice. Whats your opinion on debt? My husband and I just paid off nearly 28k of debt. I have an airbnb and want to add a hot tub. However it would add to debt that we just paid off. I follow you, Coach Carson and David Green for my advice and try to follow each but just wondering this.. Tysm!
If you can't pay cash for it, your business can't afford it. We're talking about a 10k asset, not 300k.
@ thx
Great video!
Thanks Rob! Great video and very interesting case study. Looking forward to your next video!
It's a comeback that shocked even me haha. But I'm super happy with the end result!
Your daughter is so precious 👏🏿🙌🏾👍🙏🏆❤️😊
I know may people do BnB different ways. Are you purchasing these properties or renting. I know some people who rent properties and use them as Bnb’s instead of having a mortgage? Like some people have apartments and condo, that they are renting and use them as AirBnb’s. What is your take on that?
Great summary. what do you use for your video editing software? very well done
I've been to old model bnb's, and they always made our breakfast and sat down with us. The bedroom rental was in their house. I wonder if that model still exists, at least starting out. By the way, I prefer to watch your video on .65 speed. I got more value out of it.
My best friend laughed an Airbnb in his basement and the first guest was this older couple who'd never used Airbnb before and they checked it and asked "what's for breakfast" which is awesome.
I love these sweat drops of experience you bestow on us💪
Great job on the reno. Its super kewl. :)
How do I set up a direct booking website?
Thanks Rob. While this is mostly the same info you’ve been preaching in your talks and videos recently - it bears repeating
For sure. This message will always be my message. I'm aggressively going into an "anti-scale" mindset. But when I have a similar message, I always try to contextualize with new data/info. I now have hard proof for a lot of these theories :)
Good stuff fo sho! Thanks Robuilt!
You bet! Here to help :)
If you’re not offering a hot tub in 2025, are you even trying? 😅 Can’t believe how much little upgrades like this can change the game!
What camera / set up do you use to film your videos ?
Hi Rob, what percentage of a property's market value would you consider the minimum acceptable to generate monthly income with an Airbnb? For example, if I purchase a property for $400,000 paid in full, how much should I aim to earn monthly for it to be a profitable investment?
Great video
Thank you very mush!!
daughter is so cute! love it! 😍
Wish I owned property...our town limits them also...becauseproperty is expensive
yeah but pricing strategy doesnt matter if your not getting the revenue. not bookings no revenue
Remember folks: he’s here for the clicks
They found you off line 😊 (: 👍
Ok, you convinced me I will have pickleball court in my Airbbv
Rob said the old ladies found him online. Or did you send them a message in code with your phone number 😂
#1 should be stay away from Airbnb platform
Why stay away from Airbnb? I love hosting and my guests are super happy! Would you prefer staying in a hotel, or are you just tired of changing sheets?!?!
Same info, different video. I liked when you focused on more cool clamping type stuff. Just my two cents.
As a fellow creator, I know the struggle of family returning home during film time 😅
Hahaha you're the second person to say that this video. Guess I'm not alone here 😂😂
oh hey Dave!
@@Boostly fancy meeting you here lol
Imo what this proves is that too many people have too much money and they are more than willing to waste it on absolute stupid garbage.
3 bad experiences in a row, no more Airbnb
I've decided to lave Airbnb and just do long term rentals. Tried it for a year but ... yea, just didn't work!
Do you still have your Airbnb listing? Can I take a look?
Same, got out during the race to the bottom for prices per night
Nice!
No, you do not just imitate the Irish ☘️ accent lol😂 Haha! 💖
Ok no body I repeat no body has ever made a profit doing air bnb
In your master you forgot about “the wierd guy talking”!..;)
Going to rent to Adults only Couples Only so they are QUIET in a quiet neighborhood.
Bro, I love you, but get to the point. 😖
Leave. Out the interruptive home clips. You're info is all thats needed & is excellent. Thank you
Airbnb not dead just has an open wound.
Video makes Zero Mention as to any official rules changing on the Airbnb platform. This is just propaganda guys
To sum it up…find a niche older, richer, predominately white people are into and create your short term rental along those lines and you’ll be able to rent it. Let’s be honest, normal people ain’t renting a place for $400 a night to play pickleball. Another couple ideas would be partnering with a charcuterie company and make a wine and cheese theme, anything that’s in the middle of the outdoors without ever having to experience being outside is always a winner. If you could plop a tiny home and surround it with zoo animals, that’s another hit. It ain’t really rocket science. Think of the people who can afford air bnb right now, look at their interests, and set a theme house catered to it. Done and done 🤷
100% Agree
Racist much?
lmao they put an airbnb ad on your video
Everything is over
Spend more money, make less profit, and if you outdo your competition they might reinvest their profits to outdo you.
A money arms race to the bottom. Airbnb isn’t the way anymore. Maybe in the future but not now.
Always someone richer and dumber than you out there you’ll be competing with.
It is why growing your direct bookings is 100% what everyone should be working on in 2025.
Just you wait. I've got a whooooole series cooking up on this.
Direct booking is when someone bypasses Airbnb and books through you via a website for the house right?
@veeco3110 I wouldn't say that. You need to think of Airbnb, Vrbo, Direct, etc as channels. Direct is just a channel you control.
@@veeco3110 ridiculous sentence
No one can buy a home.
What? I own three. It’s easy.
first
It's official. We're best friends now.
You are good! But not the largest educator. That would be me.
Weird lady is weird. 😂
You always have your predatory course to sell.
Love you. 99% of my content is free and no one gives as much free Airbnb game as me on the internet. So I'm actually quite happy with the fact that I can make an awesome livelihood from education. Good luck with your mindset though, Papi. Enjoy the free content 😉
Don't feed the trolls bro.
@@calebpowell5754 The trolls gotta eat too.
@@Robuiltpredatory. Says watcher of free amazing content. SMH
Haha predatory.😂 Made my day brother. Dramatic but funny as fuck.
😊
Video started with an Airbnb advertisement... LMAO!!!
haha classic.
Nothing new here. Yawn
Stop including your annoying kids
But they love you, Grandpa.
Air bnb is doomed
No sweat. More for the rest of us ;)
It is doomed; for the people not understanding the importance of market strategy 😮
Another clickbait F video!!!
I don't know. I actually feel like the video is in line with the premise.
waste of time.. old news bro.