Airbnb Pros Compete to Turn $10K into $1M First
@Robuilt and I are self proclaimed Airbnb professionals who make a good living from the short-term rental platform. But even though we sometimes wear matching outfits, we like to do things differently when it comes to investing our money and how we'd start Airbnb if we had to go back to the beginning. In today's video we compete, for a rather embarrassing bet, on who can best spend $10k, $60k and $250k.
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Want to join other like-minds when it comes to real estate? How about owning unique rentals? Setup a call with me or my team to see if my Land Hacker program is a good fit for you: bit.ly/38HcrOz
You guys are criminally under watched. Thanks for always dropping great videos. Half the youtubers are just talking and dropping in stock video of people in a random boardroom. The effort to editing does not go unnoticed!
@KaiAndrew
2 жыл бұрын
Ha, thank you. I appreciate you supporting us. :)
@mavyandmalfy8633
Жыл бұрын
@@KaiAndrew Do you edit your own videos , or have a team to edit ?
I FCKING LOVE KAI AND ROB COLLABS!!! 🔥☄️☄️☄️☄️🔥🔥
Guys I loved this style of video PLS do another it’s so cool to see creative takes given certain amounts and really gets the gears turning
It’s the peak into both of your brains! So exciting!
Great minds truly think alike. Great video.
Great content man! Can you do a video on the tax treatment of glamping units?
Great concept for a video.
Love this video! You guys are rocking it together!
@ivantejeda
Жыл бұрын
🔥 I’m with you on this @One Rental A Year! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.
You let him off easy. It should have been a wedding dress!
Great vid thanks
@KaiAndrew
2 жыл бұрын
You were FIRST. Glad you liked it. :)
Lmfao this was awesome! I love that u guys collaborate. Great video!
@KaiAndrew
2 жыл бұрын
Always fun filming with Robuilt.
@ivantejeda
Жыл бұрын
🔥 I’m with you on this Roberto! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.
This was an awesome episode - now do the same video without any real estate... kind of interested to see how creative you both would get.
Why not make this into a show? It's brilliant. A lot of opportunities with this concept.
@ivantejeda
Жыл бұрын
🔥 I’m with you on this Faras! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.
he really said you look like a "hospital patient" lmao!! love this video! keep up the good work!
😂 "... Oh no reason... bye."
I always learn something watching rob and kais channel. I own two property’s in California trying to land hack and find ways to make income using my land
@ivantejeda
Жыл бұрын
🔥 I’m with you on this @dabbs041! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.
Eyyyy Raleigh baby!!
I finally have seen a video RIGHT after it came out
@KaiAndrew
2 жыл бұрын
Lol. Honored to have you see the new video the day it dropped :)
I think the part that was glossed over was that only a single guy can do the lease hack or the live in the basement hack...not many married couples, especially not if they have a kid, would be able to live in a basement unless its massive.
Just found you. Great channel.
Oh there goes the greatest airbnb youtuber - say hi everyone
Those Michigan locations were terrible examples for STR just FYI. If you do something with the properties to add more doors it does start to make sense. There are so many that you missed that are much better areas.
How would you rent out the rooms if everyone was openly living with eachother? Wouldn't the living spaces need to be sectioned off like it's own apartment?
Where's the link to Rob's infrastructure costs spreadsheet?
Hey Kai, great video! I was wondering what loan product are you using to allow yourself to only put 10% down? Are you assuming owner occupancy?
@KaiAndrew
2 жыл бұрын
Hey there. Just standard second home loan. There are even products for primary. Investment will require 20%+.
@ivantejeda
Жыл бұрын
👋 Great question Yosef. I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any other questions about starting & growing your Airbnb business lmk.
Classic
That $399 house ended up selling for $300
I loved the video. One question about the second challenge, Rob's solution. If I buy the house as a second home and rent it out short-term (Airbnb), in the event of an accident, fire for example, will the homeowner's insurance cover the incident?
@tit4357
Жыл бұрын
Insurance covers against fires to the real estate property and some stuff, but not for tenants stuff or rental loss,, it is best for them to have their own insurance which is called renters insurance
Hey, wait a minute. Do you people see what happened here? Kai hacked the bet. Anyone seeing him run down the street in that dress would just think he had on a long tee shirt. Clever, Very Clever.
@KaiAndrew
2 жыл бұрын
Call me the dress hacker.
The lease hack was clever, while also being the most responsible. Nice work! Massive risk is part of the deal. However, recommending that a rookie investor take essentially their life’s savings and “go put 10% down” and attempt to do XYZ is irresponsible on many levels.
Building new structures in Detroit? :)
How do you come up with the guess of an 80% occupancy rate?
@kynossineope8619
Жыл бұрын
Pulled it out of his ass
On the rental arbitrage side, how do you find out what the potential monthly profit would be on a house? Say the owner is renting the house for $1500 because that's the "comps" in that area.. then you try to rent it for $2000 and it sits vacant.
@ivantejeda
Жыл бұрын
👋 Great question Jeff. I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any other questions about starting & growing your Airbnb business lmk.
It's funny that all these options are for people who are approvable for a mortgage, lol. What happens if you have just CASH money and no tax history?
@PHARAOHLOVECHILD1
Ай бұрын
This is my question exactly
Won't the recession negatively impact the short term rental space
Just a couple of guys being dudes
bro you couldnt pay me to live in detroit
Numbers is the future . Numbers don’t ever lie
@KaiAndrew
2 жыл бұрын
Unless you put in "false" numbers...lol. But aside from that, yes, I agree.
@leea3531
2 жыл бұрын
@@KaiAndrew you both did a great job . Editing , layout of the videos and showing numbers . Thanks man
It's an ambitious and exciting challenge, but it remains to be seen if any of the Airbnb Pros can successfully turn $10K into $1M watch for more
Husbands calling their wives about dresses for a KZread competition. Pathetic bro.
Fun video. But am I the only one that feels like Rob is kinda rude to his wife (assuming that’s who he’s on the phone with)? Personally didn’t appreciate that, hopefully that’s not how they actually interact day-to-day. Even if you make millions, if you can’t treat your wife with respect then you’re not that respectable.
@KaiAndrew
2 жыл бұрын
Haha. I guess I could see that. They just have a really good and joking relationship. He's actually really sweet to his wife. That was just done for the video. :)
Where is @robuilt's spreadsheet link Kai. ?