This is how much my tiny houses made on airbnb in one year
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- Опубликовано: 22 авг 2024
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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.
Just a bit of clarification on the cleaning fees, since a few people have asked:
The FINAL net profit I show already has cleaning fees deducted.
Cleaning fees are paid for BY THE GUEST. I then pass the cleaning fees over to my cleaning staff. So cleaning fees are effectively a wash.
If only I had read this first jajajaj still freaking awesome 👏🏼
QQ: what about taxes that you have to pay? Do you have a rough percentage per year? Btw, I love that you are doing this for your parents, so happy for you!
Property Taxes? Insurance? Income Tax? Pretty sure those exist in California and will greatly cut into Net Burritos
@@eppsunc as I mentioned in the video, my expenses include insurance and property taxes. Income taxes are way too big of a variable to even cover that, as it depends on an individual’s specific financial situations. Calculate it based on your own tax bracket.
@@Robuilt I see the total expense now, thanks for the reply. I understand not wanting to alter the spreadsheet but the 2 largest expenses of property tax and insurance (~10K for Joshua Tree I'm estimating) are a huge expense that could really mess up a margin for someone in a different revenue situation. I agree with your income tax assessment, just being that guy. Overall I'm really impressed by the properties and income, and if I had the right property I would definitely seek out to do something similar
Honestly having an army of tiny house airbnb's across the nation would be so cool to me.
mr beast video idea
except its a raging capitalist wet dream
*_no doubt! l want one_*
@@StinkerJon what do you mean?
Only if it's geared towards to be truly affordable housing.
aw, its lovely that your motivator isn't just profit but actually to do a good deed for your parents. I bet they're super proud of you.
Hard to believe that was just a year ago. That video was a major motivator for me to jump into tiny home and container home building. It's been a slow start, but still feels like more than a year. I think in another year I'll have a decent portfolio up and running. It will probably be 10 more years before my RUclips channel is similar quality though... priorities I guess.
just watched your videos, keep up the great content man! you're on your way
@@elliotcrosen thanks for watching!
@@josephcacciapaglia4753 I subscribed! I’m building out a motor home at 63, by myself and I need encouragement as well as knowledge.
@@catherinegrace2366 Thanks!
@@catherinegrace2366 That's good to hear, & the fact that you are trying to do something like that, considering that your a lady,& your 63 is incouragement to the rest of us. Best of luck on your build
That final laughing scene was exactly 78,271 milliseconds long.
Haters gonna hate and ainters gonna ain’t Rob. Congratulations 🎉
The way he calls out the rude comments is so satisfying. Deserves a live just for that lol
Bottom line is prifit ... more than 40% from a business perspective, not bad for passive or a profitable stream of income. Smart investment and nice to track the data. Take action and just do it... don't over think🤔 ...obsess 🙄 or try to get everything right. JUST DO IT! Take action.
kudos to you dude 👏
love the laugh montage, the comedic timing of Dave Ramsey, your initiative, and very thankful for you sharing the details that those of us who take the initiative may accomplish the same! Cheers and keep up the great work and videos coming. Hope to sign up for your course soon.
Damn! You killed it man, never been so proud of someone I don't know at all. It is inspirational.
This was amazing! Thanks for going into so much detail. Keep up the great work.
WoW!!! You are so entertaining. Thank you for sharing a 1 year update with accurate numbers. May you continue to share your gift of knowledge.
Thank you for being that transparent! For many people talking about money is still a tabu to talk about. Really interesting and well structured video!
I’ve always wanted to do a tiny house. I have never thought of doing it as a Airbnb you are a genius! Great video watched to completion!
Great Rob! Speaks volumes of your character of what you are doing for your parents! I am sure they are very proud of you and your accomplishments.
This is hands down one of the best RUclips videos I’ve ever watched! Your creativity, positive energy, editing skills, plus informative content made my day! 👏🏼🙌🏼 I can’t wait to watch your other videos!
GET A LIFE THEN
got to say robuilt wish i had a friend like you, you have a great business sense, humor, charisma and the comments part was hilarious ( i already know you about to comment x"). nice work!
You just gained yourself a subscriber. Thank you for being so transparent and real!
I know numerous comments, told you this. You are one amazing son. I hope I could do for the same for my parents, in the future. You are an inspiration.
I never comment on videos but I have to say I literally laughed out loud at the end. Absolutely incredible. I hope to meet you one day!
Here, here!
Great video Rob! This has inspired me to create a video breaking down the revenue generated from my 3 renovated Airstream trailer Airbnbs. Thanks for the push!
Wanna host an airstream for me lol
@@Robuilt We would be open to learning more about it:)
Great video. I note that you do not mention insurance costs or property taxes? Where I live these would be $5-6000 per year, not to mention the tax on the income.
He did mention insurance and property taxes
I just stayed in a small house and I guess that's why YT recommended your video. Love the laugh montage, it made me laugh as well. Nothin sweeter than proving everyone else wrong by winning at life --you and your parents. Congratulations!
Massively congratulations on your very healthy cashflow 👏🏻 I sincerely hope people get inspired to go build their own business ☀️
I just found this channel yesterday because I’m saving up to get my first AirBnB and this guy is fuckin awesome. I’m new here man but let me just say your content is super helpful and entertaining. Keep grinding bro!
Thank you for your leadership. Please continue to lead us and encourage us. We need you.
Straight up... never let the "normals" get to you. Fabulous!!
That is amazing you were able to put this all together the way you did. Great job! I look forward to future video's.
😂😂😂my man!!!!!
Keep it going brother.
Inspirational!!!
The laughing at the end killed me😂
we love rob
Love u more.. lol
This guuuuyyyy
😲😱first time seeing you comment big fan mav let's gooo
MAV MADE IT!!!
Either I’m getting suggested all the videos Mav watches or we are Twinsies 🤣
You nailed it - well done! Love the bit about allowing your folks to retire and take the profits - totally selfless - bravo!
LOL! Great Work and the final response to the haters was simply perfect! Laughed like crazy. Good luck!
I hadn't decided to like the video until the final laughing montage at the end. That was wonderful. If and when you post another one, I suggest the Homer Simpson giant gold man clip, the Sideshow Bob winning the election clip, the Jack Nicholson in the Departed smiling and nodding clip, the Hank Hill burning glasses clip, the Dr. Evil bwahaha clip, and the classic Skeletor.
You earned them all.
Bravo! You did it and much happiness to you! Thank you for sharing!
Hi Rob, as always, great content. You took the risk and you did it. The haters just don't take the risk....they are chicken;-)
Awesome that you give it to your parents at some point. What a great present.
The haters don't like capitalist parasites.
Money Pit is an amazing movie, I absolutely loved that laughing clip montage
Great video man!
I just finished printing a tiny home with my new 3-D Concrete printer! 345 sq. ft. It's so refreshing for someone to do all the numbers and show the costs and revenue.
OMG! I want to be like you when I grow up! Telling you now... I fully intend on using your model. Thank you for doing the hard work and proving the naysayers wrong.
For your little house in back of your house....congratulations. That is a home run right there. I've been a landlord for over 20 years. The biggest mistake I see people make is they don't properly account for the capex, property tax, insurance, general maintenance and vacancy. It's a new place so your capex and maintenance are really low. Going forward those will increase (and I'm guessing when Covid is over your vacancy will also increase) and, just some friendly advice, either be prepared mentally or put aside a small fund for when you do need to replace the carpet/broken window/plumbing leak/roof issue etc. But, because this unit is benefitting from being new, sharing the costs with your bigger house and being managed by you, you are getting great numbers.
In all my years of investing in rentals one cold hard truth is evident....you can generally expect to keep an average of around 50% of your gross rents after ALL is said and done (if you pay 10-12% to a property manager). And, that doesn't include the mortgage interest. That seems high to most people when I tell them, but it's just facts. Having said that, a person can get lucky and there are outliers, like this tiny house which benefits from being tied into your main house, but for every unit that a person keeps 70% of the gross rents there is always the unit that they only kept 30% for that year. For instance, a unit might do 65% for several years but then the roof needs to be completely replaced in year 7 (or a tenant destroys the interior, won't move out for a few months but also isn't paying rent etc) and now the average over that time is 50%.
This Is A GIFT, Thank You Rob!
Love how genuine this guy is in a world of scammers
lol
God … you made me laugh so hard 😂 Congratulations to your accomplishment! 💥
OMG 5:40 onwards cracked me up!! "I'm karen"
you monsieur are a gem!
I just found this channel, one video In and it’s my favorite channel. I’m a small investor and you can tell this guy is legit!!
Super great! I own two Airbnbs and building my third. Don’t forget - cleaning fees aren’t revenue unless you are the one doing the cleaning. Also. Taxes. :/
Great content Rob! How do you account for property taxes, insurance? Do you have lawn care or landscaping expenses on these or any other properties?
The cleaning fees are both income and an expense. So they are subtracted from that final net profit number I show at the end.
@@Robuilt thanks Rob!
@@Robuilt wait why are cleaning fees income?
@@DoDgeSwaG because you are charging it to the renter, and taking it as income then paying it out to the cleaner.
Congrats glad to see people do well when they take leaps like this🙏🏽 thank you for going into such detail. This is very insightful
My guy you are a great inspiration
I am dying laughing with these Dave Ramsey clips! Thanks for bringing joy to my morning!
I’m Karen 💀 😂 😂😂😂
Morning Karen.
I thought the same thing lol
Hola Rob, definitivamente ha sido una excelente inversión la que has hecho. Espero sigas teniendo los mismos y mejores resultados. Aquí en México también hasta agosto fue muy bueno en STR y definitivamente lo atribuyo a la pandemia ya que para nosotros todavía había mucha gente trabajando y estudiando en línea sin embargo ahora en septiembre estoy viendo un gran cambio con el regreso a la escuela y trabajo de manera presencial. Mucha suerte y un fuerte abrazo, saludos. Roger Erosa
I never leave comments but I feel compelled to because I have a lot of respect for you and what you’ve built and wish to be there one day. I appreciate your humor and values. God bless
Wow, I LOVE to hear this. Very nice of you to say, Josiah. Thanks for watching, man. I really appreciate it.
You my good sir has earned a subscriber!
Appreciate the transparency!! Love the channel.
The insert of Dave Ramsey at 6:47 had me going 😂 😂
Dude this is amazing and inspiring. Awesome work. The haters just make these videos even sweeter.
I read the whole description to see what you shared there. 😉 Congrats on the great success and thanks for inspiring so many of us!
Wow! You are the one and only mvp haha.
@@Robuilt LOL! 🏆😂
That was so much detail, it was worth every second of watch. Much thanks!
👊🏾👏🏾 Congratulations !! It was very heartwarming to hear of your future plan for your other tiny house (for your parents). With that attitude good things will always come to you. All the best from Australia 👋🏾
You prevailed. Again. Bravo.
Hell of a job! Thanks for the great content and thank you for being an amazing inspiration.
Awesome. Great to see someone actually break it down to see what we can expect in the world. Thanks.
Just found you now and I absolutely lost my shit with the Dave Ramsey edit LOL liked and subbed. Considering your program!
Thank you for taking the time to show all of this information in such detail! I have been wanting to do something like this for several years now and hearing your story is giving me the hope and the courage to move forward with my dream. Great video, great info and great guy! Cheers!
Im working on some renovations for my widowed mom. But same same. I’m doing this to help her and have her set up to be taken care of. Props to you dude for being a good kid.
I love the look and feel of tiny homes. I need to get me one of these.
Good stuff man. People love to Hate and try to call people out like they dont know what they're talking about. I think that's ridiculous. Good job. I thought the video was very thorough and you covered everything you needed to. Congrats on the profits!
Dude you have done a great job on this video & building a tiny home. Well done my friend.
Love it! Well done. I enjoyed watching you prove the haters wrong! Awesome.
This video was great man, very informative and very funny. Screw the haters!
Those Ramsey cameos are killing me
lol the dave ramsey b-roll after saying debt. love it!
The clip of the movie The Money Pit made me giggle. I love that movie. It's so funny!
Let the haters hate. You carry on great work!
That laughing fit at the end tho. Immediate subscribe.
This has been super helpful. Positioned myself to procure serious money over the next few months and have been torn as to what to roll those profits into. I will look into profit potential of this in my area!!
LMAO love that you called out all those negative Nancy's/Karen's and then laughed in their faces with the laugh clips, thats exactly the kind of thing I would have done, call me petty. when I retire from the Military in about four years I want to start my own airBnB business so I'll be reviewing all your video's again. keep up the good work!
Don't know why this popped up in my feed, but good job dude!
subscribed cause of the laughing at the end great job brother!
Always appreciate your content Rob. Keep it up.
Very cool. I've wanted to try this for a while but for now I will just stick with what I know. Thanks for the great video.
I love David Ramsey and the clips you used. LOL.
Laughed . . . all the way to the bank! 😂🤣😂🤣😂🤣
Awesome Presentation !! I like your energy and business plan by any means !
In the end you find balance. With that, you support mom and dad.. And it all starts with You.
You are a real trend setter man, I hope your business grows beyond your goals.
The laughing segment at the end: PURE GOLD
Awesome video and completely enjoy the Ramsey clips and the fact that you just slapped all the haters in the face with the success they thought you would not have LOL
Your Dave Ramsey inserts have me dying lol
Very good presentation. And I have always wanted one of those Restoration Hardware pilot wing desks.
What's cool is even tho the one home may be higher in price its still making a great profit. Just goes to show that in high inflation times it may detour one from starting this adventure but this proves, it don't matter. You'll still make money.
:-D "Your hair needs it's own channel and likely zoning". LOVE the humor in your videos!
I love your video. Very informative and you're hilarious!🤣
Doing the thing man!
You are hilarious! Love how you throw Dave Ramsey in there 🤣
Much respect brother ! You motivate me .
That laugh was everything 😅🤣
hahaha the Dave Ramsey clip is hilarious!!!
First time on this channel. What a refreshing way of presenting and showing detractors how it is done. Great job ___ --> I didn't even get your name but I subscribed to the channel :-)
You really shut em down! The only complaint I have is how much Chipolte cost. Ha. Superfan/Patreon member here.
I haven't finished the video I almost died laughing when you put the dave Ramsey clip
Bro, the laugh sequence at the end immediately got me to hit the sub button 😂 Would love to see how you did 2021-22 🙏🏾 Best of luck to you 🤙🏾
youre a beast ignore negative comments brotha
The Dave clips really made this vid shine 😆👏🏼 thanks for sharing behind the scenes