Make Money Online with Airbnb (3 Steps)

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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 the three steps you need to take in order to make money online with Airbnb. Now we've talked about in a couple other videos all kinds of different ways you can make money online using Airbnb from rental arbitrage to percentage management fee, the CO hosting model to Airbnb experiences, or Airbnb online experiences.

And in this video, I really want to focus on the core area where I really have the most amount of expertise and where I help people the most often to actually earn a full time income managing properties on Airbnb. And that's through actually managing the properties for a percentage management fee. But what I want to do in this video is break down the three steps, we can really distill it down into three steps that you're gonna need to take in order to excel and actually earn, you know, 500 700 $1,000 a month for every single property, and then get yourself up to 510 properties in order to get to five or $10,000 a month, and actually earning a nice healthy full time income from Airbnb and running a business online. So that's what I want to do in this video, I'm going to break it down into three steps for you.

If you want a more in depth version of this exact video of this exact training, then just check out the link in the description down below, we've got a free training where we're going to take a couple hours. And we're actually going to go into everything with you we're going to go behind the scenes I'm going to show you I'm going to use examples, I'm going to walk you through step by step exactly what our system is, I'm going to show you some of the tools we use to do this, I'm actually going to give you some of the tools that we use to do this.

So it'll help to make that process easier for you. And you can get your first couple clients within the next couple of weeks here and actually start earning your first few $100 every single month. And then from there build up to a few $1,000 a month in recurring monthly income from Airbnb running your business completely online. So again, the link for that training is down in the description down below. We've now I am happy to say help several 100 people all over the world in all parts of the world to really excel with this training and actually Excel with this business model and earn a full time income managing properties on Airbnb.

So if you are interested in learning more about that, if you've been thinking about getting started, if you want to earn some additional income or replace your existing income with Airbnb management income, then just check out the link in description down below. Just scroll down there right now take a second scroll down there, click the link and then register, it's just gonna ask you for your email for you select the time and then get registered for that upcoming free training, it's going to be exceptionally valuable, I promise you that.

So without further ado, let's jump back into and let's talk about the three steps the evolution of the three steps that you're going to take in order to earn a full time income managing properties on Airbnb with this percentage management fee model. So step number one is going to be actually figuring out what service you need to offer right figuring out what service you're going to offer in order to make money because at the end of the day, this is service based business, it's not a product business, right?

So we need to figure out what service you're an offering when you might you might be just thinking, well, James, what the heck, I'm just going to offer Airbnb management that is obvious, right? So this video is all about. But it's a little bit more than that you need to know more detail about what services are going to be included in that there are some that are a given, like for example, pricing on optimization, that's something we're always going to do for every client virtually ever, you just need to make sure that you know how to do it, you know, again, check out our free training link down below to learn how to do that. But pricing automation or pricing optimization is one of those things we're almost always going to do for our clients. But there are different elements that we may offer. Sometimes we may not depending on two factors.

Number one being the niche, you know the type of property owner that we're working with, whether that's a vacation homeowner, or real estate investor, someone with the properties in the mountains, some of the properties, beachfront properties downtown, these different factors, you know that we call your niche, the type of clients you're working with. The other is you ought to consider if you're offering pre check in which we've talked about in other videos or full service, pre check, and just basically is a a variety of services that you're doing before the guest checks into the property. And those are completely done remotely. So this is best if you're looking to start a business completely remote, you don't want to be on the ground, you don't want to be managing properties local to you want to manage them, you know, hours away, even across the world from where you actually live, then pre check is going to be the route to go.

Obviously on the flip side of that you've got your full service. And that's where you can offer really everything that you want. You know, you can offer a little bit you can offer a lot you can offer depending on what your what your clients are interested in. There's really kind of the sky's the limit there. We want to be mindful at this stage when you're figuring out what service are you going to offer is you want to go first to find those people that you want to help find the people that are in your niche, the type of clients that you want to work with, and actually start conversations with them to get clear on what needs they have what people pain points they have what challenges they encounter on a regular basis that they want help with and they want to be alleviated from that is where you want to start.

So that you can actually craft your service offering around that. You don't just want to go, Okay, I'm going to do pre check in management, because I want to be sitting on a beach somewhere, I want to be managing properties remotely. Well, that's okay, that's great. You can start with that. But now you've got to go and find a group of property owners who actually wants that, and then get clear on those properties. What do they want specifically, and those pre checking components, you know, what are the most important elements to them. So I can tell you from my experience, that the property owners that want pre check and management the most are typically and that they're the best fit for are typically going to be real estate investors who have a large portfolio properties, those property owners typically will have their own cleaning staff or their own maintenance field they prefer to work with.

So revenue optimization is really what they're lacking and what they want help with. So if you can come along and just offer that, then to me well worth it to them. And it's often actually beneficial to them, that they don't have to use your cleaner, they don't have to use your maintenance people because again, they have their own they trust they worked with before, and who they know give them really great rates. So that's a little bit of a tangent there. Again, we're gonna dive into more detail if that's kind of interesting to you. And you're kind of piqued your curiosity, but you want to learn more about what I'm talking about in greater detail.

There's a link down in description below where again, like I mentioned, we go way more in depth on these types of things. But that is step one is figure out what service you are actually going to offer. And that is my approach to it is to first obviously go to the property owners, you want to be working with your niche and figure out from them what challenges they have, what problems they need solved. Step number two is to actually get your first client right and get your clients to actually grow your business, right. And so what we want to do there is actually put this offer in front of people.

So now that we've crafted this offer, you need to know how to reach out, you know where to find people, you know who to reach out to, and you have to put that offer in front of them. And actually, you know how to then take that client along and show them okay, this is what I'm going to do this is how I'm going to add value to you. This is why it makes sense to work with me, right all the way through to actually getting them signed on under management. Now, obviously, there's a whole lot there. And I've talked about in other videos, the actual step by step strategies, and like I said, the video linked in description down below is going to go into this way more in detail, because it's a lot of moving parts involved with number one, you have to find people, right? Where do you look? How do you find the people that you want to have as clients, right?

Number two is reaching out to them, putting that offer in front of them and getting them to want to reach out to you to learn more. So you've got to put that offer that we've now crafted in front of them so they can reach out to you. Number three is get them on a phone call, set up a meeting with them, where you're gonna actually go and see the property, whether that's virtually through a zoom call, or whether you're actually doing that in person. So it's going to be actually getting them into a meeting where you're going to go and see the property. And ultimately, then there's that meeting, we're going to close them here and bring their property on our management. And for that you want to sign an agreement.

So right there, there's a couple of different moving parts to this step, right. And so you want to get more of that figured out. Obviously, that's going to be in the description down below, there's that link to that free training, we're going to dive into that in more detail and really break it down. And like I said, as you can imagine, there's a couple different tools, you know, the outreach methods, you know, the setting up your website, you know, making sure you have a client agreement, make sure you have something to present to them ensure you can give projections to all that stuff, all those tools we talked about in detail in this training and sell them I even just give to you completely for free. So again, just check out the training link down below to learn more about that. Now, that is the first two steps in figuring out what your service offering is going to be actually getting those property owners on your management.

The third step, and this is the step that you know most people stop at step two, most people think oh my gosh, if I could just get my first couple clients and I'd be done I'd be, that'd be amazing. I'd have a couple $1,000 a month rolling in have a nice recurring income. But you cannot forget step number three, it is the most important part because it's the one that dictates how much money you make every single month, every single month. It's the one that dictates how long your clients stick with you on an ongoing basis. And number three, it's also a huge determining factor in how quickly your business grows, without your actual manual legwork to be reaching out to more people and growing it. And that is the delivery of your service.

That's the piece that so many people overlook is actually going in, okay, we've crafted this service, we've gotten promise to people, well, now we actually have to deliver on it. And you want to have the right systems and strive to do that at scale and deliver a really great quality service where you're actually providing massive value to every single client you're working with. But it's not taking a huge burden, a huge toll on you. It's not taking up a bunch of your time. And so again, you want to think about how do I optimize my prices? I need to know the right strategy for that. How do I manage guest communication I need the right tools to automate and outsource that.

So it's not me sitting there manually responding every guest that, you know, reached out and wants to look at one of these properties or has a question or what have you, you know, you also want to look at Okay, are we scheduling cleaners, well, is there a way that we can have set up the right software, so that and, you know, hint there is so that this cleaners can schedule themselves and take care of themselves. We also want to have the right systems to be able to train those cleaners so they can manage everything themselves and do a really great job consistently.

Again, all those tools, all those templates, all those systems are discussed in detail outline in the description in that in that free training and the link in the description down below. Just check that out, I highly recommend that that's step number three there is delivering that service, if you can nail those three steps. Now I know it's not easy, but it is really simple, right? There's not a lot of complexity to it. It's just a matter of having the right tools and strategies and tips. And that's why I put BMB mastery program together. That's why I keep putting out content on this YouTube channel.

Because I want to help people to really grow this business using the right sets of systems and a bypass all the trial and error that comes with figuring it all out yourself like I did a number of years ago. So if you have everything in place to deliver on those, and suddenly you're earning several $1,000 a month, without any real massive legwork need to go into on your own, because you've got things streamline, you've got them automated. And the best part is, is monthly recurring income. So you're not having to go and hustle to build it up, only then start from zero again, the next month, you get to have a baseline of several $1,000 a month when you're going out and building your business, which is an incredible thing just for your own personal security, but also to really fuel the business growing even further even faster.

So have this been really helpful for you. Again, if you want a way more detail, there's only so much I can put together for you in a 10 to 12 minute video here on YouTube. So if you want a way more detailed breakdown of all this, you want to be given some of these tools for free just kind of hand it over to you want a real overview of everything where we go deep dive and actually behind the scenes of some of my operations, then just check out the free training that's linked in description down below. Take a quick second, scroll down there, click the link, it's gonna ask you to register for a time you'll just input your email select the time you register for one of the upcoming slots.

And I guarantee you that's getting massively valuable to you if you're at all interested in earning a full time income managing properties on Airbnb has been really valuable to you. If you like this video, please give it a thumbs up click that like button, it really does help out with the YouTube algorithm. And also if you haven't already done so, click the subscribe button there's a subscribe button right below this video. Depending on where you're looking at it just to hit that subscribe button find it it's a read it says subscribe on it click that bad boy and you will stay up to date.

We post two new videos every single week on this channel. So you're wanting to stay up to date with all those because I try to make them as valuable as possible to you. If you have suggestions for things you'd like to see in other videos, just let me know in the comment section down below. And until next time. I'll see you in the next video.