If you don't make money in 2 months doing AirBnB then opening a hostel resort is not your thing. Lowering your prices will assure you more bookings. A resort will have at least 20 more costs/fees than an airbnb has. Employees, maintenance etc... A slow season will bankrupt you if you do not know how to adapt.
It's all about how you live I guess. I'm a digital nomad who moves between the Philippines, Thailand, and Peru mostly. When I first started I was making about $3-4k per month and was really struggling to live on so little to be honest even though my rent was only $500-600 per month. I thought when your rent is only $500 the extra $2500 would be plenty especially with no car, Grab being relatively cheap, and living in a country where many things are a third of the price. What I didn't realize was that since I find true working from home to be a horrible antisocial thing, it added up very quickly taking a grab 45 minutes to and from the coworking space, eating out about half of my meals, and actually doing something once or twice a week (small things like seeing a movie, getting a couple beers, or dining out at somewhere like Applebee's). I was making it, but I was living with nothing extra each month. The lifestyle most people assume you'll have of spending $800 to fly between countries every month or two, paying double to rent airbnbs, and spending money every night to take taxis commuting to beaches/tourist attractions or going out to "cheap" bars or clubs definitely wasn't an option in those circumstances. I have no idea how people live on so little... some claim to make it on just $1k even. There must be more to the story imo, like perhaps they live with someone or live in a property that's paid off in full with a solar system for free power. After two years of that I came back and worked on building myself up for almost a year. Now I make well over the FEIE limit and have a partner, which ironically despite having two mouths to feed makes my total monthly costs about the same even though I'm the only one bringing anything home for the household and my rent and power combined are around $1600 a month. Now since covid, for me the digital nomad life is pretty awesome going to a lot of countries, constantly doing things I never got to do before, and saving up a lot of money while doing so. That's why I personally strongly recommend building up your online source of income to five figures per month before setting out. There are a ton of ways to do this if you're digitally inclined. Personally, I make money from copywriting; I just cold DM 10 to 20 people until someone responds, and then I get them into an immediate Zoom call where I give them a free article, and then after delivery, I try my best to turn it into a weekly thing. But if tomorrow that disappeared, I think I'd have no problem making the same amount doing web design, python development, a niche in graphic design, LinkedIn management is huge right now, etc. That's just my skill set, there are hundreds of other ways at least. Just takes some actual commitment, a basic portfolio, and some effort. I guess if that's somehow too hard for you, pretty much every American I know here just gets a remote job and uses the right mix of VPNs. On the off chance you get caught, my friends say most employers claim to care on paper but actual human managers don't. One of my friends who lives in my same condo building, he works as an engineer at a job for a large US corporation. His boss knows but told him to use a different VPN so nobody finds out. I think that's the real world: if your the boss finds out he's most likely just going to not say anything if he likes you or have a quick meeting with you to say he caught you but won't say anything as long as nobody else finds out. If your boss cares and fires you, he did so because he needed to find an excuse to fire you. Whether you worked from outside the US or not, you would have been fired anyway, so fine move on to the next job. But it should be almost impossible for your employer to find out if you hire an expert on a cybersecurity forum to set up your system and network in the right way. However, if you decide to go the truly liberating route of being a freelancer/online business owner, I really can't emphasize enough to make sure you build up your online business model solid before you set out. If you really want to live the NOMAD part of being a digital nomad, and don't want to live a poor lifestyle, want to actually be able to buy a new laptop or iphone when yours breaks, etc, you need to make at least $6k per month and ideally more like $10k per month, which again is way easier to do than most people make it sound. Good luck
I understand where you're coming from, but suggesting people to wait to make that much money is near to unrealistic to people who come from countries in Latin America like me (Brazilian), the minimum monthly wage there is $300... it just comes down to what each person values and where they're willing to spend their money. I make under $1k per month as a nomad and I work in exchange for acommodation from time to time, travel slowly, cook almost every meal... that doesn't mean it's a poor lifestyle if it's worth it to you
@@JuliapeloMundo I get where you're coming from too but if you're going to go outside your national jurisdiction for a better life, I really think less than $1000 is a very sad and risky life to the point where you're better off staying in your home country where you can rent and live cheap. Even when I stay in third world countries, the reality is that an airbnb there costs a minimum of $800 a month for a worst place, which is basically all of that $1000 salary you're talking about. Everything else will cost substantially more. It's only when you have some trick--meaning you don't "just" have 1000 a month--that you're able to, as a true digital nomad, rent for less than an $800-1000/mo airbnb so you have something: -not only subtantial enough to cover the cost of everything else -not only the cost of moving between countries -and not only enough to be able to save CASH for the future and actually accumulate some assets like a laptop etc. I think the way you're describing is exactly what i talked about--ULTRA, horribly risky unless you actually have tens of thousands of dollars saved or have people who can save you. Why would you risk your life to go travel when you only have $1000 a month? You're just asking to lose your job and be left on the streets to die in some foreign country. Why would you take this kind of risk!? If that's all you've got that's ridiculously risky to go bet your life going overseas since when you run out of money you won't be able to afford next month's rent. You could end up in a survival situation that way even with a job... and what happens when you lose your job? That's not sustainable and is just asking or a life-threatening problem. Why would you risk your life to go travel when you only have $1000 a month?
@@timm910 It’s sad to see that you think that living a local life instead of renting out overpriced airbnbs is “risky” or “dangerous”. I barely spend on accommodation like I mentioned, money goes all towards daily costs like food and transport so it is very very doable, nomads usually spend between 1-2k a month. You just live a more expensive lifestyle and that’s fine, but I’m not out there risking my life just making different choices 😅
Thank you so much for the interview - it has been a pleasure to sit on this wonderful roofterrace with you while having a nice chat. Thank you @travelwithrafa 💙
Jesus Christ, how many more of those "coaches" selling their courses does the world need?
Avatar checks out
Yoo I was thinking the same. Not a real job lol. But hey, people are dumb enough to pay them so I can't blame them
What's up with the audio. The microphones didn't connect?
I loved doing this interview Rafa! Congrats on sharing real life actionable advice for aspiring digital nomads
I loved interviewing you Ju!!! Such a lovely and inspiring story 😍 thank you!
If you don't make money in 2 months doing AirBnB then opening a hostel resort is not your thing.
Lowering your prices will assure you more bookings.
A resort will have at least 20 more costs/fees than an airbnb has. Employees, maintenance etc...
A slow season will bankrupt you if you do not know how to adapt.
Thanks for the video ,it's inspiring . that would be great if you fix the problem with audio as well.
It's all about how you live I guess. I'm a digital nomad who moves between the Philippines, Thailand, and Peru mostly. When I first started I was making about $3-4k per month and was really struggling to live on so little to be honest even though my rent was only $500-600 per month. I thought when your rent is only $500 the extra $2500 would be plenty especially with no car, Grab being relatively cheap, and living in a country where many things are a third of the price.
What I didn't realize was that since I find true working from home to be a horrible antisocial thing, it added up very quickly taking a grab 45 minutes to and from the coworking space, eating out about half of my meals, and actually doing something once or twice a week (small things like seeing a movie, getting a couple beers, or dining out at somewhere like Applebee's). I was making it, but I was living with nothing extra each month. The lifestyle most people assume you'll have of spending $800 to fly between countries every month or two, paying double to rent airbnbs, and spending money every night to take taxis commuting to beaches/tourist attractions or going out to "cheap" bars or clubs definitely wasn't an option in those circumstances.
I have no idea how people live on so little... some claim to make it on just $1k even. There must be more to the story imo, like perhaps they live with someone or live in a property that's paid off in full with a solar system for free power.
After two years of that I came back and worked on building myself up for almost a year. Now I make well over the FEIE limit and have a partner, which ironically despite having two mouths to feed makes my total monthly costs about the same even though I'm the only one bringing anything home for the household and my rent and power combined are around $1600 a month. Now since covid, for me the digital nomad life is pretty awesome going to a lot of countries, constantly doing things I never got to do before, and saving up a lot of money while doing so.
That's why I personally strongly recommend building up your online source of income to five figures per month before setting out. There are a ton of ways to do this if you're digitally inclined. Personally, I make money from copywriting; I just cold DM 10 to 20 people until someone responds, and then I get them into an immediate Zoom call where I give them a free article, and then after delivery, I try my best to turn it into a weekly thing. But if tomorrow that disappeared, I think I'd have no problem making the same amount doing web design, python development, a niche in graphic design, LinkedIn management is huge right now, etc. That's just my skill set, there are hundreds of other ways at least. Just takes some actual commitment, a basic portfolio, and some effort.
I guess if that's somehow too hard for you, pretty much every American I know here just gets a remote job and uses the right mix of VPNs. On the off chance you get caught, my friends say most employers claim to care on paper but actual human managers don't. One of my friends who lives in my same condo building, he works as an engineer at a job for a large US corporation. His boss knows but told him to use a different VPN so nobody finds out. I think that's the real world: if your the boss finds out he's most likely just going to not say anything if he likes you or have a quick meeting with you to say he caught you but won't say anything as long as nobody else finds out. If your boss cares and fires you, he did so because he needed to find an excuse to fire you. Whether you worked from outside the US or not, you would have been fired anyway, so fine move on to the next job. But it should be almost impossible for your employer to find out if you hire an expert on a cybersecurity forum to set up your system and network in the right way.
However, if you decide to go the truly liberating route of being a freelancer/online business owner, I really can't emphasize enough to make sure you build up your online business model solid before you set out. If you really want to live the NOMAD part of being a digital nomad, and don't want to live a poor lifestyle, want to actually be able to buy a new laptop or iphone when yours breaks, etc, you need to make at least $6k per month and ideally more like $10k per month, which again is way easier to do than most people make it sound. Good luck
I understand where you're coming from, but suggesting people to wait to make that much money is near to unrealistic to people who come from countries in Latin America like me (Brazilian), the minimum monthly wage there is $300... it just comes down to what each person values and where they're willing to spend their money. I make under $1k per month as a nomad and I work in exchange for acommodation from time to time, travel slowly, cook almost every meal... that doesn't mean it's a poor lifestyle if it's worth it to you
@@JuliapeloMundo I get where you're coming from too but if you're going to go outside your national jurisdiction for a better life, I really think less than $1000 is a very sad and risky life to the point where you're better off staying in your home country where you can rent and live cheap. Even when I stay in third world countries, the reality is that an airbnb there costs a minimum of $800 a month for a worst place, which is basically all of that $1000 salary you're talking about.
Everything else will cost substantially more. It's only when you have some trick--meaning you don't "just" have 1000 a month--that you're able to, as a true digital nomad, rent for less than an $800-1000/mo airbnb so you have something:
-not only subtantial enough to cover the cost of everything else
-not only the cost of moving between countries
-and not only enough to be able to save CASH for the future and actually accumulate some assets like a laptop etc.
I think the way you're describing is exactly what i talked about--ULTRA, horribly risky unless you actually have tens of thousands of dollars saved or have people who can save you. Why would you risk your life to go travel when you only have $1000 a month?
You're just asking to lose your job and be left on the streets to die in some foreign country. Why would you take this kind of risk!?
If that's all you've got that's ridiculously risky to go bet your life going overseas since when you run out of money you won't be able to afford next month's rent. You could end up in a survival situation that way even with a job... and what happens when you lose your job? That's not sustainable and is just asking or a life-threatening problem.
Why would you risk your life to go travel when you only have $1000 a month?
@@timm910 It’s sad to see that you think that living a local life instead of renting out overpriced airbnbs is “risky” or “dangerous”. I barely spend on accommodation like I mentioned, money goes all towards daily costs like food and transport so it is very very doable, nomads usually spend between 1-2k a month. You just live a more expensive lifestyle and that’s fine, but I’m not out there risking my life just making different choices 😅
@@timm910 and it's actually not cheap at all to live in Brazil. Are you from the US?
I want to date another digital nomad. I'd love to meet a woman who facilitates AirBnBs since I stay in so many of them and have started to study them
Wow ... Looks so pretty over there
Thanks for the share
I love these videos, it’s so interesting to see how many different ways people can make money only online
nice! very inspirational for a person who would love to try a life like this to hear about all the different life paths :)
Thank you!!
so coooool
😍
Seus vídeos são muito bons!! 👏👏
I'm practiced my inglish with your channel and I learned a lot about other things. Thank you Rafa ❤
When I see CBD oil anything, I run away fast.
There is a goast at the bottom right corner 02:00
❤
😍🙌🏼
The host looks like David Blaine🤪
Thank you so much for the interview - it has been a pleasure to sit on this wonderful roofterrace with you while having a nice chat. Thank you @travelwithrafa 💙
Influencers = biggest losers the planent has seen
@@doncoder-channelprofessional hater