How to Make $3M/Year with Airbnb Business

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  • เผยแพร่เมื่อ 30 ม.ค. 2025

ความคิดเห็น • 359

  • @UpFlip
    @UpFlip  ปีที่แล้ว +19

    Register your free Bitrix24 account: www.bitrix24.com/~rRjv6

    • @yourpathmatters
      @yourpathmatters ปีที่แล้ว +3

      We miss the old host

    • @bekstalasch1543
      @bekstalasch1543 ปีที่แล้ว

      @@yourpathmatters Bitrix24 russian company from Moskow

  • @NokthulaMadondo
    @NokthulaMadondo ปีที่แล้ว +202

    Sid's passion for his business is infectious. He's dropping knowledge bombs all throughout this video. If I were in this space, I would definitely get my notebook and note down his business tips. This was sooo educational.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +8

      Couldn't agree more! What are your takeaways? ☺️

    • @LivingtheDRdream
      @LivingtheDRdream ปีที่แล้ว +4

      except he said zero or little money needed is lie. you still money for airbnb arbitrage or 20 percent down payment for hard money loan. the only thing that you don’t need money is rent out your individual room out ( house hack )

    • @zparklezztudioz782
      @zparklezztudioz782 ปีที่แล้ว +12

      I think 🤔 this what happens when a Chinese and Indian brain unite 😅. Just awesome entrepreneurship 🎉

    • @troyverdialez596
      @troyverdialez596 ปีที่แล้ว

      To keep profit margins at 75-80percent occupancy. Absolute genius. if your bookings are lower the 75%, then they are too expensive, if higher, then your bookings are higher then raise the price. Gold. @@UpFlip

    • @meetube30
      @meetube30 7 หลายเดือนก่อน

      ​​@@zparklezztudioz782 well they are still Asian though 😂

  • @butterflynero
    @butterflynero ปีที่แล้ว +53

    It's my first time seeing people giving actual realistic advices. I had to grab my notes. I came out with 27 points, imagine 🤯

    • @AnnaMeredith-e1m
      @AnnaMeredith-e1m ปีที่แล้ว +6

      "I bought a house while in college using student loans!"

    • @abdullahimussa2309
      @abdullahimussa2309 6 หลายเดือนก่อน

      What about sharing it here. Just take a pic of ur notes, copy and paste them from google lens(search). And thanks

  • @lfemmecoure
    @lfemmecoure ปีที่แล้ว +48

    I have tried renting out my duplex as a vacation home in Florida and it is convenient. I made twice more then working at my full time office job.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +2

      Wow! That's serious profit and could turn into a full blown airbnb biz. 💪

    • @Lanainvestor
      @Lanainvestor 5 หลายเดือนก่อน +1

      what zip code?

  • @777Bviews
    @777Bviews ปีที่แล้ว +28

    2 seconds into the video and the homes look spotless, I'd definitely stay at one of their Airbnb homes

    • @UpFlip
      @UpFlip  ปีที่แล้ว +2

      Very enticing! Thanks for watching and supporting our channel! ☺️

    • @kwadwogyamfi6428
      @kwadwogyamfi6428 ปีที่แล้ว

      😊😊😊😊

  • @babalolapaulayomide3987
    @babalolapaulayomide3987 ปีที่แล้ว +18

    The love I have for the Airbnb business called Shortlet renting here in Nigeria is so crazy... I have learned a lot from this interview than I have gathered in the Last 2 years of gathering information on the business

    • @babalolapaulayomide3987
      @babalolapaulayomide3987 ปีที่แล้ว

      I got more insight on property management for investors which is the line I’m looking into...
      Thank you for the free knowledge.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Wow! Thank you so much for the feedback. We are beyond happy that you learned a lot from this video. Good luck on your business! ❤🙏

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Wow! Thank you so much for the feedback. We are beyond happy that you learned a lot from this video. Good luck on your business! ❤🙏

  • @davismarklin
    @davismarklin ปีที่แล้ว +9

    Great video! Really love how detailed they are on standardization. One thing that slightly bothered me is they are calling the $3m/year their revenue, which it is not. Their revenue is 25% of that or $750,000 if they are doing $3m in total property volume. It would be the same as Airbnb claiming their gross booking volume (e.g. every dollar going into Airbnb) as their revenue.

    • @aguiarmatth
      @aguiarmatth 5 หลายเดือนก่อน +1

      This is click bait but the video is completely detailed with rralistic experience

  • @AndrewNguyenOfficial
    @AndrewNguyenOfficial ปีที่แล้ว +22

    This video couldn’t come at a better time! I’ve been looking to start a side hustle in AirBnB.

    • @AndrewNguyenOfficial
      @AndrewNguyenOfficial ปีที่แล้ว +1

      @@ajm-wu6wd I didn't even know of that issue. Thank you for pointing that out!

    • @networth00
      @networth00 ปีที่แล้ว +1

      You're about 10 years too late.

  • @bellad1063
    @bellad1063 ปีที่แล้ว +4

    Binging for months … best interview! Had to grab my notebook because of the sound information 😊

  • @TheHandyJeff
    @TheHandyJeff ปีที่แล้ว +41

    Standardization is a very interesting thought not just on short term rentals but long term as well. Having the same fixtures and flooring could go a long way. And I definitely will keep this in mind for my rentals!

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thanks for sharing your thoughts @
      Jeff George - HandyJeff DIY!

  • @shanellanderson9791
    @shanellanderson9791 ปีที่แล้ว +14

    I LOVE THIS CHANNEL! started with the lady candle maker video last night and have been binge watching these videos ever since!! Definitely subscribed!

    • @UpFlip
      @UpFlip  ปีที่แล้ว +2

      Welcome aboard @shanellanderson9791 ! So happy you're enjoying our videos! What has been your favorite so far?

    • @shanellanderson9791
      @shanellanderson9791 ปีที่แล้ว +2

      @@UpFlip Ep 152! Making 100M from scratch in real estate! I took good notes from that one. Loved the tips he shared about getting a lot big enough to place two houses or a row of apartments. Those apartments with the rooftop area were so nice!!

    • @Emanuel27236
      @Emanuel27236 ปีที่แล้ว

      ​@@shanellanderson9791 hello ma sorry if am disturbing you please I really wish for your assistance ma, am a African student who is finding it hard to see myself through school due to the bad polices Of the government, please any assistance from you will go a long way to help me start up something for myself, am real am not a scammer am just soliciting for help for whoever wish to help me ,you can call if you wish I can drop my contact for you God bless you as I await your your reply thank.

  • @mayraramirez8071
    @mayraramirez8071 ปีที่แล้ว +7

    I own a Drywall construction company, so my funds will go real estate in the future, this my goal ❤.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      That's a great goal @mayraramirez8071 ! What do you think your next step is?

    • @elivan1700
      @elivan1700 5 หลายเดือนก่อน

      Didn't wait time makes money in real estate

  • @paragnakhate7844
    @paragnakhate7844 ปีที่แล้ว +18

    Really very informative and encouraging video.
    Its more practical hence very useful.
    Thanks a lot.

  • @jeffreynguyen2574
    @jeffreynguyen2574 ปีที่แล้ว +21

    Did you guys see their credentials? The guy is a Wharton MBA and the wife is a Michigan MBA, UCLA undergrad in finance and Microsoft employee. No wonder his business is so organized.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +4

      They're a power couple! They converse in numbers and it's amazing! 🔥

    • @afrikikianimation435
      @afrikikianimation435 9 หลายเดือนก่อน

      That makes sense. I could tell there was something different about them. They are building synergy and looking at long term potential in both rental and human capital.

  • @LivingtheDRdream
    @LivingtheDRdream ปีที่แล้ว +4

    i’m confuse . he said you don’t no money or very little money but then at 24 mins into the video , they require their homeowner clients to have high quality furnishing and high standard home ( which you will need a lot of money to furnish your home to his standard . everything else he said are on point and it make sense

  • @miaphillips5113
    @miaphillips5113 ปีที่แล้ว +3

    Super informative video. I took away so many tips for my Airbnb. With all of the comments hating, good! More houses for me to buy 😊

  • @SEBAYANI08
    @SEBAYANI08 ปีที่แล้ว +16

    Applause and hats off! These guys are we should all strive for in regards to starting and maintaining any business. Beautiful.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      Thank you @SEBAYANI08 ! What was your favorite part of the video?

    • @SEBAYANI08
      @SEBAYANI08 ปีที่แล้ว

      @@UpFlip quite frankly all of it. I'm looking into becoming an entrepreneur and this video is like a tutorial to start a great Airbnb business AND make it succeed over time. Every bit of it was great. I can't wait to get started owning real estate.

  • @Wisdomseeker1028
    @Wisdomseeker1028 ปีที่แล้ว +8

    I love this channel! So much amazing invaluable insight into business! It's so inspiring

    • @UpFlip
      @UpFlip  ปีที่แล้ว +2

      Thanks for watching and supporting our channel!

  • @sirprestige8803
    @sirprestige8803 ปีที่แล้ว +10

    This was soooo good. Very informative and very well presented. Kudos to you 3. Enjoyed every minute of it and saved it to watch again. Thanks

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      We appreciate your kind words! What videos would you like to see more of?

  • @mjpm7888
    @mjpm7888 ปีที่แล้ว +9

    As always you never dissapoint me guys 😎

  • @tansmay23
    @tansmay23 ปีที่แล้ว +5

    Downloading this right now! Thank you!

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      You most welcome!!

  • @miamivacation
    @miamivacation ปีที่แล้ว +8

    For earning $20,000 per month you need to list $1200 per night, make sure get 80% occupancy rate every single month.I don’t think it’s truth.
    My Disney Airbnb single family house with Luxury renovation, 3500 sq ft, can host 18 guests per night, with private swimming pool and a professional home theatre,I only charge $350 per day,just got 60% occupancy rate.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      Thanks for sharing your piece of the industry. Reason for pricing is the location! Seattle is an expensive place to be in.

    • @geoleo2597
      @geoleo2597 7 หลายเดือนก่อน

      Yeah some of the figures they quoted maybe are a bit unrealistic. In a perfect world 80% occupancy is great. But I think 60% is more realistic. So if you put your property on the STR market given this % you will be better off

  • @vincentlim3968
    @vincentlim3968 11 หลายเดือนก่อน +4

    Who's your writer? Excellent interview questions!!!!! This was generously informative. Keep it up guys!

    • @UpFlip
      @UpFlip  11 หลายเดือนก่อน

      Thank you!! Are you also in real estate?

  • @jessie90640
    @jessie90640 ปีที่แล้ว +1

    I WAS SO EDUCATED AFTER WATCHING THIS VIDEO. GOT A LOT OF IDEAS NOW.

  • @konfidentlothevirgo
    @konfidentlothevirgo ปีที่แล้ว +2

    Great tips! Especially having the same furniture pieces in each property

  • @geoleo2597
    @geoleo2597 7 หลายเดือนก่อน

    Great ideas 💡 and education. I think the very first most important factor even before location is determining the potential for STR local law changes. Many municipalities have restrictions making STRs very difficult or not feasible. I guess in Seattle STRs are not as restricted as other municipalities.
    In Hawaii being a high tourist destination STRs were booming. But the hotels and tourism boards are more politically connected than your average private homeowner. Soon after the new regulations came out many of the STR investors sold their properties, many at a loss. They didn’t have a well defined exit strategy.
    Of course no one has a crystal ball for future political changes. But due diligence should include researching the political climate of the area you’re considering buying.
    Next have a clear exit strategy in case STRs become too restrictive.

  • @Yeibiolidia
    @Yeibiolidia ปีที่แล้ว +2

    I love their model and their energy

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      glad you liked this video! are you interested in having airbnb business?

  • @omarghosn8655
    @omarghosn8655 ปีที่แล้ว +4

    AirBnB stories are quite misleading because it has now become very competitive and if you had started a couple years ago like this couple and have built up reviews you are much more likely to continue to be successful - much much harder for someone to come in new. Also there are many places where your rental income yield is not very good due to high property values. So not everybody can buy a house for $15,000 and rent it for $500/m...that is unheard of in many places. I love in an area where you cannot find deals so you are assured a yield of 10% or less.

  • @Lewis24hrs
    @Lewis24hrs ปีที่แล้ว +1

    This is the Goal for My New Apartments in The future!

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      That's so cool @Lewis24hrs ! What do you think your next step will be?

  • @jamescc2010
    @jamescc2010 ปีที่แล้ว +1

    Host:
    1. How to handle emergencies and cost such as water leak, gas, electrical, fire, major damage to property ? What kind of agreement / contract so both host and owner are on the same page with no conflict (and law suit)?

  • @keqinzhou8070
    @keqinzhou8070 ปีที่แล้ว +18

    What great content, great job NICASA thank you for selflessly share all the amazing tips, wish all the success in your business I would love to work with you!

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      Glad to hear you liked it ;)

  • @1Don42_1Klanz
    @1Don42_1Klanz 11 หลายเดือนก่อน +1

    Thanx for this video. I might have to use them and see if they willing to do Miami area. I appreciate this video

    • @UpFlip
      @UpFlip  11 หลายเดือนก่อน

      Glad it was helpful!

  • @BrittanyDLloyd
    @BrittanyDLloyd ปีที่แล้ว +3

    This video is GOLD! Thank you for sharing....

  • @afrikikianimation435
    @afrikikianimation435 9 หลายเดือนก่อน

    What the lady did with her student loans I don’t believe is legal but I am impressed.

    • @UpFlip
      @UpFlip  9 หลายเดือนก่อน

      She's made a very smart move! 👏

  • @chetnakatyal5625
    @chetnakatyal5625 ปีที่แล้ว

    thankyou for all the info...gr8 work ,both by the interviewer and interviewees !

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thank you! Are you considering running your own Airbnb biz? Hope you learned a thing two from them 💪

  • @philiq18
    @philiq18 ปีที่แล้ว +4

    Their transparency and insight are admirable. Kudos to them.

  • @mayraramirez8071
    @mayraramirez8071 ปีที่แล้ว +5

    Wow, wish I can work free part time weekends in exchange to learn from them for this people 😊

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      We certainly learned a ton from them. Thanks for watching! ☺️

  • @LuanaOnMaui
    @LuanaOnMaui ปีที่แล้ว +81

    AirBnB’s are ruining the housing situation on Maui. People who don’t even live here buy up all these houses and condo’s for AirBnB/Vrbo. Maui people have no where for their families to LIVE because of all of the short-term rentals everywhere.

    • @V1N_574
      @V1N_574 ปีที่แล้ว +16

      Yeah but with enough money you can forget about ethics and empathy. I really hate this kind of videos is just a slap in the face to everyone that can't afford a house because of businesses like this. Legally they are ok but ethically I could never seeing the state of things.

    • @LuanaOnMaui
      @LuanaOnMaui ปีที่แล้ว +8

      @@V1N_574 - So true. I’m glad the people in the video are so successful at this, but these kinds of short-term rentals are an absolute nightmare here on Maui.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +4

      We are so sorry to hear about the situation in Maui. :(

    • @davidpham9353
      @davidpham9353 ปีที่แล้ว +4

      let me guess. You are local right ? And I own 9 listings here, so whats up :)) Look like I give a F ? Just move . thats it.
      Btw, I live in San Francisco :))

    • @LuanaOnMaui
      @LuanaOnMaui ปีที่แล้ว +2

      @@UpFlip - It’s the current situation here. The county and state are cracking down on the illegal short-term rentals and the nuisance ones that are located in residential neighborhoods where they don’t belong.

  • @Boostly
    @Boostly ปีที่แล้ว

    26:52 don’t forget direct bookings

  • @charitybatzlen6473
    @charitybatzlen6473 6 หลายเดือนก่อน

    watched more than 2 times !!! thank you for uploading

  • @namrehh
    @namrehh ปีที่แล้ว +6

    this feels like a market thats peaking

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      It is! We appreciate you tuning in! Thank you! ☺️

  • @titop6152
    @titop6152 10 หลายเดือนก่อน +1

    What about squatters is there a video for that please explain 😅

  • @hosackies
    @hosackies ปีที่แล้ว +6

    sounds sus that they can get 500-1k/NIGHT... that's too good to be true. And are they also implying that their fill rate is 100%?

  • @KM_TwinCities
    @KM_TwinCities 11 หลายเดือนก่อน

    Wow! I love what you have to offer. I'm looking into starting airbnb, thus is great information... how do you start a management co?

  • @czxherrjamias2704
    @czxherrjamias2704 ปีที่แล้ว +1

    This is amazing. I am learning so much. ❤

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      What are your takeaways? ☺️

  • @nonsomichael3321
    @nonsomichael3321 7 หลายเดือนก่อน

    i learnt so much from this, you guys are doing great

    • @UpFlip
      @UpFlip  7 หลายเดือนก่อน

      Glad you found it helpful! Hope what you learn here helps unlock a new level of success! 🚀

  • @SurfLouco
    @SurfLouco ปีที่แล้ว +12

    Basically the company profits between $15k to $30k per month, let's say around 250k per year profit. For the company. Then the company has to pay taxes on that $250k. Then you have more taxes if they want to take the money to their own bank account.
    So in the end, they get like 50k each or less.

    • @charliekennelly8112
      @charliekennelly8112 ปีที่แล้ว +3

      Ownership is key to Airbnb's in my opinion. The equity built by renters and tax (depreciation) benefits for only a few homes is enough to retire on.

    • @onlyitj
      @onlyitj ปีที่แล้ว +6

      What kind of calculation is that, they are married, you think they paid 150k tax on 250k income? The tax would be around 20 to 30 percent max. So there take home is 180k to 200k

    • @SanaatanSatyaHai
      @SanaatanSatyaHai ปีที่แล้ว +4

      @@onlyitj Also its a business and there are a lot of tax havens

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thanks for sharing your thoughts! We appreciate you tuning in! Thank you! ☺️

    • @Therealclayton
      @Therealclayton ปีที่แล้ว +3

      @@onlyitjright? How do you pay 150k taxes on 250k profit? 😂

  • @tcb7098
    @tcb7098 ปีที่แล้ว +7

    Great videos...be nice to see more online businesses.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Glad you like them @tcb7098 ! What kind of online businesses would you like to see?

    • @tcb7098
      @tcb7098 ปีที่แล้ว

      @UpFlip nothing particular....just something a person could do even for a side job to make money....lot of people have ideas just don't know where to start.....I've had shopify store and had a few sales....but need faster shipping times, Aliba alternatives......or maybe a .....oh a food order business like oh .....nuts or something. Coffee is popular. Some suppliers will put your logo on the items for you for Coffee or nuts or whatever.
      I've had the pressure washer idea before.... those are good videos

  • @rafal9405
    @rafal9405 ปีที่แล้ว

    Great content. I'm aiming to start this business in Suffolk UK

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thank you! And you got this! Let us know how it goes, will you? ☺️

  • @righteousone1
    @righteousone1 ปีที่แล้ว +8

    These type of first time investors are going to lose everything in a few years once we're deep in a recession.

    • @JoeSlaxon
      @JoeSlaxon 8 หลายเดือนก่อน

      Would be nice to see an update on this strategy.

  • @jessed6379
    @jessed6379 ปีที่แล้ว +2

    Makes no sense to have 20 of the same coffee makers because if one coffee maker goes down you don't have to replace it with the same exact brand

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Interesting point @jessed6379 !

    • @Andre-jp4yt
      @Andre-jp4yt ปีที่แล้ว +2

      common sense is not so common.

  • @nicknico4121
    @nicknico4121 ปีที่แล้ว +2

    Watch out for local regulations. Where I live everybody needs a hotel certification now.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      That's true. Before operating any business, always consult with your local business lawyers. Curious to know where you live?

    • @nicknico4121
      @nicknico4121 ปีที่แล้ว

      @@UpFlip Montreal (Canada). Law changed this year, not enough apartments available for citizens.

  • @wackpattynacknick
    @wackpattynacknick ปีที่แล้ว +3

    This couple just gave you a short versioned AirBnb MBA

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      They sure did! They're really knowledgeable and generous with their wisdom☺️

  • @m77ast
    @m77ast ปีที่แล้ว

    Really enjoyed this.
    Thanks.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Hope you learned a lot from this video! ☺️

  • @Lik3ToSing
    @Lik3ToSing ปีที่แล้ว +2

    Hope more rules coming for airbnb

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Did you learn a lot from this video? What are your takeaways? ☺️

  • @mybootscamewithoutstraps
    @mybootscamewithoutstraps ปีที่แล้ว +3

    The only thing I think about is how these people make a ton of money by making sure 22 properties cannot be purchased by others to have as their primary residence.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thanks for sharing your opinion!

    • @sohrobby
      @sohrobby ปีที่แล้ว +1

      Who cares about the housing crisis in Seattle?! As long as they get theirs right? 😂

    • @mybootscamewithoutstraps
      @mybootscamewithoutstraps ปีที่แล้ว

      They get theirs and 22 other families get told to deal with it. Fair deal!@@sohrobby

  • @keithmugisha6417
    @keithmugisha6417 ปีที่แล้ว +7

    Their kids are gonna be geniuses!

    • @ahberlowkz852
      @ahberlowkz852 ปีที่แล้ว

      Racist

    • @tf2368
      @tf2368 ปีที่แล้ว +4

      You don’t have to be a genius for a property business

    • @JayandLisa
      @JayandLisa ปีที่แล้ว

      I doubt that

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thank you for watching and engaging with the content! ☺️

  • @spuggeddiee848
    @spuggeddiee848 4 หลายเดือนก่อน

    I want to get into this

    • @UpFlip
      @UpFlip  4 หลายเดือนก่อน

      If you want to learn the nitty gritty of starting this business, please head on over to our blog and listen to our podcast for more detailed information. Best of luck! 👊

  • @sutats
    @sutats ปีที่แล้ว

    Did anyone else get an Airbnb ad with this video?

  • @anamonroy6521
    @anamonroy6521 8 หลายเดือนก่อน

    Do you have to buy the Toiletries and decoration or the owner does?

    • @UpFlip
      @UpFlip  8 หลายเดือนก่อน

      It depends! Sometimes your cleaning team can handle that for you.

  • @gnome2024
    @gnome2024 ปีที่แล้ว +2

    Im at minute 18:58... $836 just in airbnb fees is why I will never support airbnbs. Just ridiculous. You can get a nice spacious hotel in downtown for $2600 on those same dates with walking distance to everything. Or you can do boutique hotels or boutique management companies like Sonder and get a two bedroom house/apartment on those same dates for $2100 out the door. Compare that with $4,900 these people are charging. Double the price! Unbelievable.

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      Thank you for sharing your opinion! It's very important for us to hear all sides. Thanks for watching! ☺️

    • @DamienDupont_CA
      @DamienDupont_CA ปีที่แล้ว +2

      You forgot to add that you get no room service and no.hotel amenities, and they expect you to wash the towels and blankets before checkout.

  • @onetwo4932
    @onetwo4932 ปีที่แล้ว +4

    states are breaking down on airbnbs

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thank you for taking the time to watch! ☺️

  • @mohdnazam6466
    @mohdnazam6466 ปีที่แล้ว +2

    Nice content ❤️

  • @greekbarrios
    @greekbarrios ปีที่แล้ว +1

    This is the last thing the reeling real estate market needs right now, as an Air BnB investor i think due to the similar mode of operation like WeWork, we might soon be run off the market. Essentially why i'm at large for exit measures or where to allocate $1m

  • @u2damoney
    @u2damoney ปีที่แล้ว +3

    debt to income ratio?

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      To learn more about it, please keep on watching! ☺️

  • @Tom.2005
    @Tom.2005 ปีที่แล้ว +3

    Did you change the thumbnail because I’ve never seen this thumbnail when I watched it last time it was a man in front of a white big house?

  • @nobodystaysawaketotheend9848
    @nobodystaysawaketotheend9848 ปีที่แล้ว +5

    Toronto only allow one Airbnb property per owner and it has to be principal residence

    • @V1N_574
      @V1N_574 ปีที่แล้ว +4

      Wish it was like that in the states also.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Thanks for sharing that info with the community! ☺️

  • @MichelleBarhamlifestyle
    @MichelleBarhamlifestyle ปีที่แล้ว

    Great information.❤

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Glad it was helpful!

  • @Usctrojanduo
    @Usctrojanduo ปีที่แล้ว

    Sid and Eva are amazing

  • @Sanholomc
    @Sanholomc ปีที่แล้ว +10

    I didn't know you could use your student loans to buy a house

    • @ggps8161
      @ggps8161 ปีที่แล้ว +2

      Its likely from the overpayments you get after tuition and books are covered.

    • @ElectroWits
      @ElectroWits ปีที่แล้ว +1

      Tuition can cover many type of authorized expenses. Rent/mortgage is one of them

    • @UpFlip
      @UpFlip  ปีที่แล้ว +1

      You certainly could! Thanks for watching! ☺️

  • @turgayaydnllar1407
    @turgayaydnllar1407 ปีที่แล้ว

    Thank you

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      You're welcome! Thanks for watching. ❤

  • @lailamuhammad6889
    @lailamuhammad6889 ปีที่แล้ว

    thanks for the info.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      No problem! Thanks for the support. 🙂

  • @AllyMzee-st2yk
    @AllyMzee-st2yk 7 หลายเดือนก่อน

    great ellaboration

  • @make575perday
    @make575perday ปีที่แล้ว +6

    "Opportunities don't happen, you create them." _Chris Grosser

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Well said. We appreciate you tuning in! Thank you! ☺️

  • @JamesRoy_
    @JamesRoy_ ปีที่แล้ว

    Which books did he recommend?

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      He recommended How To Win Friends and Influence People by Dale Carnegi and Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel! ☺️

  • @james33338
    @james33338 7 หลายเดือนก่อน

    I just got an offer declined on a home I was trying to purchase in my small coastal town I’ve lived, rented and been a community member in for almost 10 years because a guy from out of town wanted to start an airbnb and had all cash to do it.

  • @juicylyricstv1640
    @juicylyricstv1640 ปีที่แล้ว

    Get in touch with a CPA FIRM

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Noted on your suggestion ☺️

  • @dr.noemachaplin7208
    @dr.noemachaplin7208 ปีที่แล้ว

    Airbnb - is a good business.

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      You're right! Thanks for watching ☺️

  • @michaelwolff264
    @michaelwolff264 ปีที่แล้ว +31

    I make 200k a month with airbnb…

    • @nicolescarlett4618
      @nicolescarlett4618 8 หลายเดือนก่อน +1

      Which country and how many properties ?

    • @Ishowspeedfans101
      @Ishowspeedfans101 8 หลายเดือนก่อน +1

      Like how??

    • @ahmedakthar5193
      @ahmedakthar5193 8 หลายเดือนก่อน +7

      Stop lying

    • @simon7474
      @simon7474 8 หลายเดือนก่อน +1

      I make more than you do. 😎

    • @michaelwolff264
      @michaelwolff264 8 หลายเดือนก่อน +3

      @@simon7474 my comment was ironic….🙄

  • @rira12621
    @rira12621 ปีที่แล้ว +3

    People: "man, housing has gotten really expensive"
    Also people: "hurray to those driving prices up"

  • @ladesigner8764
    @ladesigner8764 7 หลายเดือนก่อน +3

    Taking housing away from locals, increasing housing costs. Glad the bubble has burst. Sell your Airbnb at a fair price for locals, not tourists. Or, rent it long term to a local.

  • @abhishekti
    @abhishekti 10 หลายเดือนก่อน

    The mind of an IITian !!

  • @MedAli_Tube
    @MedAli_Tube 9 หลายเดือนก่อน

    i'm wondring does the owner alow you arbitrage his own properitie, is that legal in usa? and thinks for all i'm from morocco

    • @UpFlip
      @UpFlip  9 หลายเดือนก่อน +1

      It all boils down to the specific state law and what the property owner's rules are.

  • @youtubeessentials2996
    @youtubeessentials2996 9 หลายเดือนก่อน

    wow this video was very helpful

    • @UpFlip
      @UpFlip  9 หลายเดือนก่อน

      Glad you found it helpful! Did it inspire you to start exploring opportunities in this industry? ☺️

  • @marlynfana6679
    @marlynfana6679 9 หลายเดือนก่อน

    Great information

  • @marisolvillanuevathebuilder
    @marisolvillanuevathebuilder ปีที่แล้ว

    Wow he’s amazing and smart

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Couldn't help but admire him at what he does too! 👊

  • @dontclickme17
    @dontclickme17 ปีที่แล้ว +1

    So these guys hog up houses on the Seattle market to make millions when buying a house in Seattle isn't hard/ expensive enough. Thanks

  • @saras.raywhite
    @saras.raywhite ปีที่แล้ว

    I love this. Very inspiring.

  • @nyrubin
    @nyrubin ปีที่แล้ว +2

    So 900x365 doesn’t even come close to 3 million on 7 properties. But that’s renting it for 900 per day he mentioned it goes as low as 300 per day. Ama call another cap. 85% occupancy a year we’re getting further away from the 3 million a year lol

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      They have more properties. To learn more about it, please keep on watching! ☺️

    • @nyrubin
      @nyrubin ปีที่แล้ว +1

      @@UpFlip not what the thumbnail saids lol

    • @Chiszle
      @Chiszle 8 หลายเดือนก่อน +1

      @@nyrubinRelevant but perhaps not on this video: Rule of thumb on house tours and the likes is that any amount thrown out there is actually double of what it really is at a yearly peak. I am a video editor and I cannot stand the amount of lying that clients expect me to just gloss over. They bend facts and numbers and I have to cut dialog and video to remove anything that gives away the truth. Lying is the norm currently.

  • @Eliaschanel-te7rs
    @Eliaschanel-te7rs ปีที่แล้ว

    it's cool,great idea!

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      Glad you like it! Thank you!

  • @franknorth1573
    @franknorth1573 ปีที่แล้ว

    How do you buy a house for $15,000 in Seattle or anywhere else for that matter Even in bum f*** Idaho it's more than 15,000 for a home

  • @mrmadden6097
    @mrmadden6097 ปีที่แล้ว

    How can I reach out to them to ask em stuff

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      They do have a website. Link’s in the description! ☺️

  • @akshaykamathb2788
    @akshaykamathb2788 8 หลายเดือนก่อน

    8:57 amazon flywheel

  • @Ray_eddi
    @Ray_eddi 9 หลายเดือนก่อน

    Seasoned Airbnb experts

    • @UpFlip
      @UpFlip  9 หลายเดือนก่อน

      They absolutely are!

  • @sharminfaraj5550
    @sharminfaraj5550 ปีที่แล้ว

    but if they sell all houses and buy a hotel is more easier and manageable.

  • @bboylorettoEight08
    @bboylorettoEight08 ปีที่แล้ว +1

    That’s amazing

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      We hope you enjoyed the video - thank you for watching! ☺️

  • @worldofmusicsa
    @worldofmusicsa ปีที่แล้ว +1

    Its not passive

    • @yeetboi268
      @yeetboi268 ปีที่แล้ว

      Its passive if you use their management service

  • @pauln7029
    @pauln7029 ปีที่แล้ว +3

    Nobody is renting from Airbnb, we know it ain't even worth it anymore

    • @UpFlip
      @UpFlip  ปีที่แล้ว

      @pauln7029 Believe it or not, AirBnB is still reporting a 16% to 21% growth in 2023 Q1!

  • @MaximusDecimusMeridius23
    @MaximusDecimusMeridius23 ปีที่แล้ว

    yeah not everyone can DO that now and Airbnb is way too competitive now

  • @sandingo
    @sandingo ปีที่แล้ว +2

    These people why home prices are so high

    • @arggggg6040
      @arggggg6040 8 หลายเดือนก่อน

      😂😂