These Airbnb Numbers BLEW ME AWAY

Start Growing your
BNB Business Today!

Get inside access to our professional courses, hosting community, and much more!

What's up guys, it's James here. And in today's video, I'm going to be talking to you about some Airbnb numbers that completely blew me away. This is an opportunity that as an investor, or honestly a property manager as well, you are going to want to jump all over. These are some properties that for years, I, you know, they kind of just flew below my radar, I didn't take them into consideration. And honestly, the numbers have far exceeded what I ever thought possible. This is an insane opportunity, whether you want to start managing, or you want to start owning properties. And by the way, as always, there are links in the description down below for either one of those things. So if you want to apply what I'm going to be telling you about the opportunity I'm sharing with you today, and you want to go and find properties that fit this criteria to go and manage, you could literally be earning 20,000 $30,000 per year on one single property without owning it, just managing it if you apply the strategy correctly. So I highly recommend that and there's a link in the description down below, that walks through our complete an entire A to Z process on exactly how to earn a full time income managing other people's properties on Airbnb. So definitely check that out. Now, if you are interested in buying properties, you want to actually invest in own properties to use as a short term rental. This is a strategy that we're using. This is the type of property that we're investing in right now. And these properties can cashflow at $70,000 per year after expenses, taxes everything on one single property and not bear in mind. The example I'm thinking of when I'm sharing these numbers is a property that's only worth $520,000. That's what we purchased this property for that I'm going to talk to you about in more detail here. So the cashflow numbers, the ROI numbers are bananas on these properties. And we're you know that $70,000 net isn't even taking into account the equity build up from paying on the principal on the mortgage, or the appreciation of the property, which this year has been massive as well, we're just starting cash flow there. So obviously, the returns on investment are absolutely insane there. So I highly recommend that you check out the free training link down below, that's going to walk you through all the different steps. So how to analyze properties to figure out if the property you're looking at is one that meets this criteria, how to find the best deals, everything every step of the process, from A to Z right through to managing the property and having it performed successfully. If you want all that education, all that training, all the tools, resources, everything for it, check out the link in the description below for how to build massive cash flow and long term wealth using short term rental investing. So all that being said, let's dive into it. And let's dissect this specific kind of niche or subcategory of properties that I have found to perform insanely well, these numbers literally blew me away. So just tell the store, I want to rewind a bit, you know, circa beginning of 2021, we're looking at you know, January, February, here I am looking at properties because I've decided I'm going to start investing in short term rental properties. And I'm looking at properties to buy. And I see this one property and it's you know, been sitting on the market for a while we ended up being able to get a good deal on it anyway, we pick it up. So what we were looking at was specifically cottage properties. So this is any, you know, this can be applied right here where we are, it's cottage country, it's just outside of Toronto. And so that's a really great area to get into. But realistically, you don't need to be in that area, every major city has their version of what I call cottage country. So this is the area that the people in this city actually get away to when they want do I sort of staycation now, those cottage areas not can sometimes be by the lake that can be out in the mountains that can be by the river that can just be out in the forest and more rural setting, wherever it is, it's where the city people go to just get away and relax. Now, typically, those properties are a lot less competitive to buy, so you can get way better deals on them. And you can get some really high performing properties, because a lot of people aren't using them for short term rental. Whereas, you know, downtown, if you look at a major urban center, a lot of those properties are overvalued, because a lot of people are still deploying these types of strategies. And so you have a lot more competitive pricing. Whereas if you're going and buying a single family home that the majority of the other buyers are just looking at as exactly that a single family home, not as an investment property, then you can get a property that you get a way better deal on than in a major urban center. So it's God's property, we projected when we ran our initial analysis that the property would bring in $80,000 a year that would be great. Our return on investment would look phenomenal that we were able to buy the property for $520,000. We did a little bit of renovation, we're able to do a cash out refinance afterwards get the majority of our principal investment back. So all was well and good. If we did $80,000 We'd still be very happy with those numbers. with anger. The worst case scenario on this property was to bring in about $50,000 in annual income, which after expenses would basically have us a little bit more than breaking even which for worst case possible scenario. That's exactly what we're looking for. We never want to be in a position where the property is going to cashflow negative, meaning it actually costs us money to carry that property. So we want to make sure our downside was covered which it was in this instance $80,000 A year it made a lot of sense