Thanks for sharing this Shyenne! i love that you have been so transparent and shared all of this information. And the start of your video really made me smile :) You Airbnb house looks so nice. It's so interesting and helpful to see the cost and RoI.
Currently I use Mint, but I've been dabbling on Quickbooks specifically for my airbnb. I create another category in budget for airbnb only in Mint. Also another good tool is Stessa and it's free
I have popcorn ceilings in my personal residence we just purchased. I heard some people just use joint compound to cover it up. One person told me they use some special way to remove using water to remove the popcorn look. Can you tell what you did? Thanks in advance.
Hi Miguel, yes you can use some of the special water to get rid of it but it really depends on your popcorn ceilings and how difficult it is to remove. Usually once you spray it and then scrape it off it should come off like mashed potatoes (that's what my contractor said lol). However in my case, my popcorn ceiling was very hard to remove because the previous owner painted the ceilings over and over again untill it became very hard. In the bedrooms, my contractor scalpel it off manually by hand. Then in my living room he scraped the popcorn (not completely) then gave it 3skim coats of spackle then a coat of primer then paint
@@shyennebahar Thanks for your quick reply. That makes sense, I think I will eventually have a contractor remove the popcorn ceilings the owners only removed them downstairs and left upstairs untouched. Loving your videos. Hopefully in the future I will purchase my STR. 😃
Wow your interest rate is low at 3.25%, you got in at a good time. I'm trying to buy some properties with my brother in Oklahoma to do Airbnb and interest is 5.5% for me. Housing market is cooling off but interest rate is going up. Are you doing Airbnb full time or do you have a full time/part time regular job and you do Airbnb on the side?
Yes I closed on my house Nov 2021. Even at that time, people told me the housing market is overpriced, and I still went through it. Currently, I am not doing airbnb full time but I do want to get couple more properties.
That's great! Honestly, I know the interest rates are up but I think if you can afford it and the price is still reasonable and if the CoC is great. You should def go for it! Please keep me up to date will love to hear about your progress!
Great video Shyenne!
Thank you!!
Would love a video breakdown on how you track your returns. 40% CoC is a lot!
Yes that will be coming soon ;)
Good video. Are you no longer sharing your excel spreadsheet? It does not load.
The breakdown is so helpful, thanks for sharing! Love the location and the house is so cute.
Thank you!! I'm glad you find it helpful
Thank you! I have not done my numbers yet but I know I'm getting close to your number. Plus I'm exhausted!
Yes I feel you! I was dreading this part but I feel like it's good to do this so you have a better understanding of your finances
Thanks for sharing this Shyenne! i love that you have been so transparent and shared all of this information. And the start of your video really made me smile :) You Airbnb house looks so nice. It's so interesting and helpful to see the cost and RoI.
Thank you for your kind comment!! I appreciate it
Thanks for sharing and breaking down the costs! Can you do a video showing your monthly profit so far?
Yes I will be posting about that one soon! I'm glad you found it helpful:)
Hi Chelsea! This is one of my recent videos, and I shared my monthly profit in this one. th-cam.com/video/KlHEe6Hy-hE/w-d-xo.html
Did you start a business (LLC, corp etc.) to run your airbnb?
Hi! Yes that should be the approach when you buy your property. It is good to form a LLC
What app did you use to track your expenses??
Currently I use Mint, but I've been dabbling on Quickbooks specifically for my airbnb. I create another category in budget for airbnb only in Mint. Also another good tool is Stessa and it's free
I have popcorn ceilings in my personal residence we just purchased. I heard some people just use joint compound to cover it up. One person told me they use some special way to remove using water to remove the popcorn look. Can you tell what you did? Thanks in advance.
Hi Miguel, yes you can use some of the special water to get rid of it but it really depends on your popcorn ceilings and how difficult it is to remove. Usually once you spray it and then scrape it off it should come off like mashed potatoes (that's what my contractor said lol). However in my case, my popcorn ceiling was very hard to remove because the previous owner painted the ceilings over and over again untill it became very hard. In the bedrooms, my contractor scalpel it off manually by hand. Then in my living room he scraped the popcorn (not completely) then gave it 3skim coats of spackle then a coat of primer then paint
@@shyennebahar Thanks for your quick reply. That makes sense, I think I will eventually have a contractor remove the popcorn ceilings the owners only removed them downstairs and left upstairs untouched. Loving your videos. Hopefully in the future I will purchase my STR. 😃
@@miguelmedina8292 np!! Glad you find it helpful! Thank you for your support! More than happy to help you with any questions you may have
Wow your interest rate is low at 3.25%, you got in at a good time. I'm trying to buy some properties with my brother in Oklahoma to do Airbnb and interest is 5.5% for me. Housing market is cooling off but interest rate is going up. Are you doing Airbnb full time or do you have a full time/part time regular job and you do Airbnb on the side?
Yes I closed on my house Nov 2021. Even at that time, people told me the housing market is overpriced, and I still went through it. Currently, I am not doing airbnb full time but I do want to get couple more properties.
That's great! Honestly, I know the interest rates are up but I think if you can afford it and the price is still reasonable and if the CoC is great. You should def go for it! Please keep me up to date will love to hear about your progress!
@@shyennebahar Of course 😁, waiting for a decent property to come up to Airbnb.
@@Johnny-qe2rm haha I understand. Be patient and you will find it!!!