How to make more money with your rental properties

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Ep 117: Triple your rental income with AirBnB | Zach Ginn

 

 

 

09:56 – The abundance of mentorship and helping people out is a great thing, Zach said.

 

13:23 – There are different types of deals that you can do but at the end of the day the average that Kyle is getting in most of his deal is a thousand dollars of net cash flow for every single month.

 

15:05 – There’s 3 different ways that you can run in airbnb, ownership, rental arbitrage, or co-hosting which is also known as managing.

 

18:00 – Kyle learned the really hard lesson and luckily in a very positive way because that gave him the confidence to go and keep on doing it the right way.

 

20:11 – You need to make sure that you are in the right area for airbnb and you can remotely do airbnb too. If you want to get into a different market and you don’t live there, that is absolutely possible.

 

21:52 – Kyle thinks that VRBO is a lot more driven to the vacation rental areas. While the AirBnb is the most popular and the most protected as well.

 

25:44 – Having the systems or the teammates in place to really automate your business.

 

 

40:12 – The biggest advantage of being with airbnb is because you’ll be protected by a million-dollar insurance policy.

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