How to Make $3M/Year with Airbnb Business

How to Make $3M/Year with Airbnb Business

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Since buying their first property in 2009, Sid and Eva have grown their Airbnb business Nicasa to 22 properties that generate up to $400,000 in revenue a month. They talk us through how to start Airbnb hosting for beginners in this video.

This video has been sponsored by Bitrix24. Check out Bitrix24: https://www.bitrix24.com/~rRjv6

The first question many beginners have about how to start an Airbnb business is how to pay for their first property. The good news is, you don’t need to be rich to invest in real estate. Eva was still in college when she used her student loans to buy her first home. She’ll share how to Airbnb your house based on her experience. You’ll also learn about Airbnb arbitrage and other strategies to get started with little money.

Being an Airbnb host doesn’t need to take up a lot of time, either. Both Sid and Eva work full-time jobs in addition to running their properties. They’ll share the tools they use to run the business efficiently and how they’ve built a team to cut their time commitment down to just a few hours a week.

Nicasa’s consistent bookings are what drive their high revenue and 30% profit margins. Sid and Eva will share their Airbnb listing tips for generating consistently high bookings, as well as their Airbnb set up tips and what guests want out of a property. They’ll also explain the business model they use and how their Airbnb pricing strategy both keeps their revenue high and helps them avoid problem guests.

Anyone who wants to get into the Airbnb industry needs to watch this video! And make sure you check out our other interviews with real estate investors for more tips and advice.

My Journey to $2M/Year in Real Estate ►
https://www.youtube.com/watch?v=jeO1dIv5k5k

$100M In Real Estate from Scratch ►
https://www.youtube.com/watch?v=TWCzwn3R78A

Resources
https://www.nicasa.co/ - Find out more about Sid and Eva’s business on their website
https://www.bitrix24.com/~rRjv6 - Check out Bitrix24
https://www.upflip.com/blog/how-to-start-an-airbnb - Our step by step blueprint to starting an Airbnb business
https://www.upflip.com/podcast - Hear more interviews with business owners on the UpFlip podcast
https://hospitable.com/ - Vacation rental management software
https://turno.com/ - Resource for Airbnb cleaning services

#airbnb #airbnbbusiness #airbnbhostingforbeginners