Thank you for being clear about the upfront costs 🙏
@Hailiemaarie2 ай бұрын
You are so welcome! Transparency is key.
@WeeklyGems10162 ай бұрын
Question: what made you choose remotely vs. close to your actual residence?
@OttoSantos-ur5fg2 ай бұрын
Super helpful, straight to the point, GREAT CONTENT THANK YOU
@Hailiemaarie2 ай бұрын
Youre welcome!!!
@donerickson730525 күн бұрын
It is no different than what banks do in the money business. But you are trying a long term rental, and then renting short term. 1 month missed renting it out will wreck your profits. This idea is nowhere near as lucrative or easy as what You Tube experts say it is.
@echotfup35686 ай бұрын
so your rev for that month was $50k but you pay 40k in rent and 10k in cleaning fees on average per month did u lose money that month that u generated 50k rev? I also have an airbnb business and understand all of the costs and expenses very well so please respond to this comment and let me know how that month actually went for you.
@alicekat113 ай бұрын
Great question, I’m confused on this too
@ErikaGardea-mf7me2 ай бұрын
This is the question that few KZfaqrs are willing to answer. $50K looks impressive until you factor in all of the operating expenses, rent, etc. then that number shrinks dramatically. She’s probably taking home just below $10K a month if that even with 14 properties, and for someone who’s broke with no other skills that’s fine, but realistically that’s equivalent to a $100K a year job, which most middle class adults already have.
@Hailiemaarie2 ай бұрын
Profit margins are 40-45% on Airbnb. Not including VRBO, and direct bookings.
@ErikaGardea-mf7me2 ай бұрын
@@Hailiemaarie Is that before or after you deduct cleaning fees?
@ErikaGardea-mf7me2 ай бұрын
@@Hailiemaarie ???
@quxxnnunu1222 ай бұрын
Thank you so much for this info VERY informative. I was looking for guidance on how to start up my business.
@Hailiemaarie2 ай бұрын
You are so welcome! I'd love to help you start and scale your own short term rental business. Are you looking for a mentor?
@user-om7nn8rt4h6 ай бұрын
Thank you, the info you provide is very helpful.
@Hailiemaarie2 ай бұрын
You are so welcome, happy it can be of help to you!
@NijiChief10 ай бұрын
Business credit
@BetitoM2110 ай бұрын
Awesome video! Business credit for sure!
@Hailiemaarie2 ай бұрын
Thank you!
@anushkadeshpande430119 күн бұрын
Business Credit
@tony97gt10 ай бұрын
Business credit please!! I just spoke to a friend about this model this week and he is doing it already. I’m about to get started and would benefit from the business credit video. Thx!
@Hailiemaarie2 ай бұрын
Awesome! Did you get the chance to check out the business credit video I posted?
@andreaboldbody7 ай бұрын
These tips are gold! The 0% Apr cc are genius
@Hailiemaarie2 ай бұрын
Thank you❤
@YUNGWILLZАй бұрын
I’m a bit confused, so for your first rental property did you pay the starting costs out of your pocket? Great video btw very informative!
@LionBrian1510 ай бұрын
Been following your journey , thanks for all the helpful information. When you sign the lease is that something the landlord or property manager provides you with or are you providing a special lease that you created? Also when your lease is up what do you do with all the furniture?
@Hailiemaarie2 ай бұрын
You are so welcome, glad you are finding the information helpful! I don't create leases, they do. I create lease addendums ( you get access to the same one I use in my Airbnb Takeoff program) the goal is to always resign the lease, so I'll never move out. But if I do leave, then the goal is to find another unit to transfer the furniture too or worst case, sell it all.
@misshollywood679610 ай бұрын
im always waiting for you to post 🥰
@Hailiemaarie10 ай бұрын
This makes me smile 🥹🥹🥹
@misshollywood679610 ай бұрын
@@Hailiemaarie you’re super inspiring, me and my boyfriend are currently in the process of trying to get our first Airbnb. You showed us it’s possible. 💪🏼 i haven’t taken your course yet, but im looking forward to it!
@Hailiemaarie2 ай бұрын
@@misshollywood6796MY HEART! I'm just now seeing your comment for some reason but this was 7 months ago... where abouts in your journey are you two at?
@WeeklyGems10162 ай бұрын
Hello. Did you use Legal Zoom or Incfile( Now Bizee)? Also what tier package did you use?
@Myscopia122 күн бұрын
Great video
@alexishinece2 ай бұрын
thank you for the information, i just started, could you give us some examples on pitching to Landlords?
@Hailiemaarie2 ай бұрын
You are so welcome, glad you are enjoying! Yes I will take note of this for my future video.
@LamarLamarLamar19995 ай бұрын
Thanks for sharing this video. Amazing content by the way if you could make a video on how to utilize funding from third-party lenders that would be nice. Also much success to you and congratulations.
@Hailiemaarie2 ай бұрын
Thank you so much for your kind words and I am so happy you are enjoying the content! I will keep this in mind for a future video. More content coming soon.
@gregallen14 ай бұрын
What about utilities? Don’t you need to pay the light and water for each unit?
@Hailiemaarie2 ай бұрын
Yes, same as a personal apartment lease.
@terrancemccleveland6409Ай бұрын
Teach us Business credit
@eduardoalonso820010 ай бұрын
Question! About to sign up for your program. Do you need a gurantor ? For example, will the landlord or properpty manager take a deal from a brand new LLC ? I am a college student and dont have a stable income "yet." My credit score is fair. But definently have the liquid cash. Please let me know!
@Hailiemaarie2 ай бұрын
Theres a few ways you could go about it, you could have the business sign the lease and then personally guarantor, get an investor, or work with privatley owned companies or landlords who are willing to work with your new LLC. Offering higher sequirty deposits is always an option as well.
@toshawhalon47274 ай бұрын
Businesses credit
@pympho25492 ай бұрын
How did you get the loan and how did you find 0% APR
@Hailiemaarie2 ай бұрын
I used business credit cards.
@michelleolave71267 ай бұрын
Biz Credit
@roni29675 ай бұрын
how did you get 0 % credit card from bank for your new company?
@yashalsiddiqui3 ай бұрын
You need good credit - get a personal credit card
@Nobound93810 ай бұрын
Business credits
@hectorcorona86407 ай бұрын
When is the slowest season (months) in your area?
@Hailiemaarie2 ай бұрын
Winter
@alaahanafy97102 ай бұрын
What is LCC please?
@hussamayesh19632 ай бұрын
LLC not LCC It is Limited Liability Company بالعربي شركة ذات مسؤولية محدودة كنا نشوفها على سيارات الشركات في الكويت واحنا صغار ليتنا بقينا صغار simple as this: if somebody is to sue the company, they cant sue you on your personal property like you house or car
@laykenalber238910 ай бұрын
Business credit please 🙏🏽
@jonathanmartinez46892 ай бұрын
Hey, you are going to keep uploading videos?
@Hailiemaarie2 ай бұрын
Yes! Staging 5 new airbnbs tomorrow, will be vlogging that and back to consistent posting!
@isaacmaestas27848 ай бұрын
What markets are you in
@Hailiemaarie2 ай бұрын
Austin and Nashville
@MariahMillersChannel5 ай бұрын
🔥🔥🔥
@switchgearauto10 ай бұрын
can someone from canada arbitrage in the states ? Open a visa etc?
@Hailiemaarie2 ай бұрын
Not 100% sure on the process but I have students who live in Canada and operate in the states, def possible.