$1K/mo Managing ONE Airbnb!

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What's up guys, it's James here and in today's video, I'm going to talk to you about how you can make $1,000 a month managing one single property on Airbnb. Now I know that might sound too good to be true to make $1,000 a month from just managing one single listing, which once you have your systems dialed and can be done in just a few hours a month.

Imagine that property on Airbnb making that kind of return. I know it sounds kind of crazy. But I'm going to walk you through the whole process in this video. And by the way, this is going to show you how to do this in a way where you're not renting the property, you're not furnishing the property. So you're not paying first and last month's rent, you're not paying to furnish the property, you're not paying to buy the property, we're talking about a different model called the management fee model, where you manage the property for a percentage of overall revenue, meaning that you don't put out any money up front, you actually earn a couple $100.

When you bring a new property on under management, I'm going to show you how to do it, I'm going to show you how to break it down, I'm gonna show you what properties are actually going to be able to hit this $1,000 a month mark. And if you want to learn more about the entire process of exactly how to do this exactly how to build a six figure income managing other people's properties on Airbnb how to do this with multiple properties.

So you can earn a full time income managing other people's properties on Airbnb, then you'll want to check out the link in the description down below that we'll be able to access our free training on how to earn a full time income managing other people's properties on Airbnb. In that training, I actually walk through the exact steps that I took to be able to grow that business earn a full time income become a real expert with Airbnb. So the property owners wanted to work with me, I'm gonna walk you through that entire process step by step.

I'm also in that free training for everyone who attends, I'm gonna actually send you some free tools like our profit projection tool, that's just going to help you to be able to analyze properties, it's going to help you to be able to present to property owners and get them to hand over the keys and get you managing their property. So that tool alone is just going to help you tremendously with growing your business. And I'm going to give it to you completely free once you attend the training. So again, just click the link down below in the description to register for that current training, grab a seat before we take it offline. So just make sure you grab that spot.

And you can learn more about the exact step by step process for everything. All that being said, let's jump into it. And let's start talking about how you can make $1,000 a month which is one single property. And this is honestly you can do this with a bunch of different properties. But I'm just going to give you my recommendation for the easiest properties to do this with. But I have students all over the world and all kinds of different markets in the middle middle of bigger urban centers outside and rural areas. There's there's the opportunity is virtually endless here.

And so I don't want you to look at this video and think well, this is the only one single way to do it. The reality is there's multiple ways to achieve this result. I'm just going to talk about one of them in this video here. The one I'm going to talk to you about in this video is managing vacation properties for people. Now this is a really, really good opportunity because vacation rentals, especially right now tend to do really, really well on Airbnb and short term rental, there's been a big boom recently.

And these properties can easily some of them generate at 100 $120,000 per year, right about 510 $15,000 a month, depending on the season of the year, depending on what's going on in the market. But averaged out over 12 months, it's pretty reasonable for a larger property like a four bedroom and out property to generate 100 or $120,000 per year on Airbnb. And that means that if you're managing it for a 20% management fee, then you can easily be earning $1,000 per month on just that one single property. Now with that being said, here's the reason I recommend vacation rental owners as your as your niche. And I will say that real estate investors as another niche is absolutely fantastic.

And I wouldn't even say that this is a preferable one in my in my eyes, I just want to break down this one. It's specific for the purpose of this video. Vacation Rental owners are really great to work with because their property can produce a lot of return and a lot of revenue. So it's a really high income property for you. And the bonus is that they don't want to be managing it themselves. You know with the real estate investor you can sometimes have real estate investors that actually want to be doing it themselves because their business full time. I mean myself Case in point.

I'm a real estate investor. I originally invest in property north of Toronto and a cottage area. And I actually want to be managing that property myself for right now. Eventually I will put a manager in place, but for right now I just want to be managing it myself. So the vacation rental owner though they bought the property to relax, they bought it for relaxation, they bought it as a vacation home. And you know oftentimes managing your own property on Airbnb isn't the most relaxing thing ever. Obviously it can be very stress free once you have the right system set up.

But very few vacation rental owners actually have the knowledge and the experience to be able to set those systems up and run them properly. So it can be quite stressful for that manager. Their own property. That's where you come in. These are really high income producing assets that they don't want manage themselves, they want to hire manager for them. And it relieves a lot of headache from them if they can put someone in place. And the other really big bonus for them is that by managing a non short term rental as opposed to long term rental, you can earn way more money on these properties.

I mean, think about a traditional urban property, they can actually earn a pretty good amount on short on long term rental. So the discrepancy the difference between what you can make on long term rental and short term rental is smaller, it's still there, it's still a pretty substantial difference, but nothing like what you'll get in more rural markets where you can double, triple, even quadruple, or quintuple the amount that you can make on a long term rental by flipping that property on a short term rental.

So by going in approaching these vacation rental owners, cottage property owners, people that own properties in around national parks, more of those kind of getaway areas where people want to get away to for a weekend or for a week, there's some really, really great opportunities to manage properties that are going to earn you $1,000 a month in management fees, and that you're going to provide massive value to the property owner by doing that. And they're going to be more than happy and willing to hand that property over to you.

Now again, if you want to learn the exact step by step for how to find those properties that actually are going to produce those numbers, there's actually some strategies we use to find the exact properties that are earning over $100,000 a year on Airbnb. So we can approach those specific property owners and make sure that we're managing properties that have that potential in them that are going to be really high income earners, Russ.

So if you want to learn how to do that, how to then approach those property owners find them get actually reach out to them, be able to, to set up a meeting with them, bring the property owner management, the whole step by step playbook, then just click the link down below, check out that free training, we're gonna walk through everything, we're gonna go through it all step by step by step, like I said, I'm also going to give you some free tools, so that you can actually go and do that analyze these properties.

And you can present the numbers to the property owners to show them exactly what you can do for them. Again, if you want to learn all that stuff, then just go ahead and click the link in the description down below. And you're going to get brought to a page where you can register just put in your information, register for the free training, make sure you attendance, you get all those free tools. And I think that's gonna be really, really valuable for you, I managed to build this business in a really quick amount of time, about 12 months to get to six figures and total income from Airbnb.

So I would highly recommend you check out the training because we're going to be breaking everything down for you step by step so that you can do that too. So again, check out that training link in the description below. If you liked this video, if you got value from it, if you thought this was insightful, feel I was helpful. If it did help you out to get some more clarity on where the opportunities are, then just go ahead and click that like button, give it a little tap, I would really appreciate it. Don't worry, you will not hurt it, tablet, soft tablet hard, do whatever you want, just make sure you click that like button because it does help me out a lot with growing this channel.

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