I'm on my 3rd Airbnb property right now at 29 years old. I also majored in engineering so that's where I got the money to invest. My two other rental properties bring me a good return so as long as its working I'll be getting more and more houses. My goal is to retire at 40

EBITA is probably a better metric to judge a multiple. 6.5x is a high multiple. Continuously impressed by what you’ve built man. Thanks so much for the tips.

I haven't been following you for a few months now Sean, but good to see you still posting! I am disappointed I'm not doing Airbnb this year to focus on other plans, but hope to be back at it again soon.

Wow you are awesome Sean, I wish I could learn from you personally. Thanks for video and sharing with us!!

Thank you so much for this advices Sean!

I love These videos keep posting more for People Who are just starting out thank you so much!

Great Sean !! Keep up good work

New sub! Love the information. Thanks so much.

Hello Sean your information is very helpful and all the best to you. I made sure to subscribe to your channel. I will be looking out for more videos and viewing all of your past videos.

Awesome info Sean! Purchasing my first Airbnb in Jan and will use your projection strategy to have 3-5 by the first of Feb.

LOVE YOU SEAN!!!!

Thank you, Gracias ! Keep learning!

Love it. Im so thankful for your channel. I finally have my 1st Apt in Houston. Thanks for all your insight and information. Your awesome.

Brilliant strategy bro!

Wow... 4million and 100 properties... impressive... thank you for sharing...

Great info

Congrats Shawn I slowed down because I took a lot of profit aside and invested in my design build business but it’s not as profitable as Airbnb

SEAN -- Do you only use Airbnb insurance? Do you have company liability insurance? Can you talk about that?

Thank you

Congrats and great work Sean! Just a word of caution to the new commers out there. Doing aggressive reinvestment works most of the time is bullish markets, even when investing in stocks, there would come a day where the market/bookings will turn ice cold for you, ie terror attack in ur city, regulations banning airbnb or even a competitors with financial backing renting/buying out the entire building and crushing you in a price war(this happened to me BTW). Just be safe and plan for the worse too. Good luck stay safe

Hi Sean! Thank you very much from your videos! Are your properties in Airbnb plus category? Can you make a video explaining the detailed activities that Kath does, and what are your activities right now on this business? Greetings from Mexico City

Hey Sean, amazing enlightening video! Congrats on your epic success! Can you do a video on how you stay organized on all your bills ect?

Sean I'm a hudge fan of your business model and I'm making some progress thanks to you! I have a the same questions since I started following you. How are you planning to handle a market slowdown with such high fixed cost? Thanks

Have you been working on an online course? You have a lot of valuable information. Thanks for the great content.

You got a teach us how you get apartments without getting backlash from the managers or property management co about running an air bnb? you might have done a video on that already

Do you put the leases under your personal name if the property doesn’t allow you sign the lease under the company name? How can i ensure we are protected by the LLC if anything happens?

Hi Sean! Amazing content! Truly fantastic. One question: since you’re always using the available cash you have, making you have low reserves, how do you protect your LLC and yourself from the possibility of not being able to get more bookings in case something happens? Like HOA complaints, new city ordinances, even unexpected maintenance etc. Thank you!

Hey man, just found you and love the video and what you've built! I'm a traditional buy and hold investor with 39 units all in my hometown that my wife and I own ourselves. No equity partners like you also said. I have two 5 room amazing old brick mansions that I brought back to life and started Airbnb the rooms and am starting to see some success. If I could break down your video to the 1 simple tip, its knowing your valuation and being able to pitch it to the banks. Correct? That relationship could lead to loans and/or LOCs that you can use to buy more properties; rinse and repeat. This is what I took out of it and what makes sense to me. Just wanted to know if I missed anything. Thanks again

Man that was quite complex, haha. But I think I got it! You basically rent, rent, rent, rent as quickly you put up on airbnb.

Also would you mind making a video on what you do to prep for launch in 1 week? That sounds amazing but I think a newbie like myself would find it tough to do in such little time (and it's best not to have any unprofitable months..)

Question: please help. Do you have any information on the Behind the scenes check list?? From when an owner wants you to given them a estimate. ( are there websites which help you know the possible price to rent their property out as ) what’s a good form for them to sign? Or what should you be putting in a form To protect you? What’s the Right questions to ask a owner? I can’t find any information to help me with this.

A big correlation with number 4

I live in Houston with a goal to brrrr a property!

Thank you for the tips! Question: What and where was you very first property? How did you find it and decide on it and how did you progress with the $4k? Thanks again!

Great video. What portion of your portfolio are rentals vs property you own?

'So you are renting vs buying the properties?

i read that in philly you can only have one airbnb as long as its your primary residence. this was as of 06/2019. how did you get around this or am i reading the law wrong? thanks

Awesome content Sean. I am a traditional home owner that has been renting out the extra rooms for a few years but have decided to go the Airbnb route to maximize the potential. 1st an LLC. Want to do things right. Looking forward to more.

Amazing video. Wishing you all the best and I am looking 225 properties by 2020

Sean! Your a stud man, do you have any sort of float for unseen expenses?

Hello Sean, Great Information! Can we ask you questions here by Email? I have a Loan Question. Thanks!

Can you make a video talking about the Vancouver bylaws about Airbnb

Hi Sean, When or if you ever sell your airbnb company, does it matter if you are personally the host/face on your airbnb account or should the 'company' be the host/face of our airbnb account to be able to sell it?

What kinda properties u run as airbnb? Condos? Houses? Townhouse? Or,,,? What type they are? Entire ? Private?

You need broker license to rent other people house also collecting credit for it, full time job 7 days a week nonstop people complaining everything! Specially here in USA, you need really good team who maintained those properties! It's big headache trust me ! Not easy everyday stressful!

Hi Sean Thanks for the video If you have an income of 145,000 on 85 properties with a rent of 1500 it leaves you with 160 per apartment every month. This doesn't cover bills and costs. Or did I get it wrong?

Should I email homeowners and ask if subleasing is allowed or should I just go to the properties and talk to them in person? I haven't found any homeowners online who allow subleasing.

Philly!!!

If I start a new Business or LLC. How can I get approved for an apartment if that business hasn't generated cash flow?

Hello Sean, do you do private consultations?

Love this channel. I am really having a hard time as an individual getting properties. I own an air bnb cleaning company and own my own air bnb. (A house i bought next to a national park. ) i clean for this company that has 4 apartments in this apartment complex. So they are open to air bnb but i think they would we hesitant to let an individual sub lease them. How should I approach the complex?

Difícil sólo hacerlo con un departamento.

Interesting! If you don't mind me asking, which channel manager do you use? Also, do you create separate accounts for each Airbnb property or have all your properties under one Airbnb account? If you have each property under separate Airbnb listings then how does that work when it comes to contacting Airbnb?

How do you avoid having apartments in your name? Meaning, when places run rental credit and see multiple properties under your name, sometimes places will not lease to you. Have you had this problem? Do you apply to complexes under your LLC Name or personal ?

Is there a specific pitch you use in email form. An apartment asked me to email them information on what im looking to do, not sure what to say

Places have no sub-leasing?

Can I just rent a place and sign it up to Airbnb?

I have question is it necessary to get a EIN number? my buddy and I got an LLC established or can we use the state issued UBI?

How do you manage all the guest communication? Do you have a team of people answering guest questions?

I'm not getting bookings. Lack of bookings is a trend with several hosts. I've been doing this for 4 years and this is the first year with such a HUGE decline in bookings. I had one client with 4 properties pull out and another client has blocked off the calendar for 2 units in August. I guess they are contemplating whether to keep doing Airbnb or not. With one of my properties had a 1.6% booking rate! I've done so much research improving my listings. I'm a co-host in Seattle. I'm looking for more clients to co-host. As a co-host, do you have advice to get more clients? I'm in a facebook group I've gotten clients from...

I did Airbnb renting out my own property for a few years. Once I started renting out condos, apartments my troubles started even neighbors complained. How luck are you 🤔

🙏🏻

I think comparing an "all lease" AirBNB business to "brick and mortar" hotels isn't valid unless you've got super long leases in place (ten or twenty years). Otherwise, the business has the additional task of replenishing its property base. Moreover, AirBNB properties lack some of the efficiencies hotels have. On the back of the envelope, I would expect a multiple from two to four at best (not 16 to 17 i.e. 6% cap).

Money needs to make babies🔥 ~ Grant Cardone

May be it’s just a bounce of hotels running in airbnb?

How/when do you pay yourself?

2 million gross revenue . What is the net revenue? What do you actually make to keep ?

Wow

Air BNB sounds familiar??

What if you can't get any booking from Airbnb enough to cover your overheads?

What will you do if airbnb becomes illegal in your city

Did I miss how exactly $3000 turned into this business? Like the actual first step? This is my first video I’ve seen from this channel. Did you sign a lease on an apartment or a house then rent that out on air bnb?

Don't say nothing... Some of us have $20 in our wallets right now tryna make shit shake and it's hard to save $1000 on a lower class level. I plan to do this one day but lack the funds. Just gaining the knowledge in advance

when is it ok to buy property instead of leasing?, in our country Airbnb was recently legalized with a catch, apartment buildings need to have a special license. Some New buildings are being raised with that license already in place but they will finish the construction in 2 years. Would you invest on these apartments just to be 100% legal vs the rest of the people doing it illegally?

Are you going to create a course.???

How do you pay yourself ?

You often be out Philadelphia that's cool that's right near me would love to meet pick your brain on a few things ?

How is that leverage working for you today?

Do you offer a mentorship program? would love to know more if you are.

do you have a course?

But $4000 is not even enough to sign a lease in Seattle! They typically demand you pay first month, last month and a deposit equal to a month's rent (some more lenient may waive the last month) Sean, do you include photos on the nearby natural sceneries or tourist spots on your listing photos?

@Airbnb Automated Please also talk about experiences, i'm gonna keep trying to send you this messages until maybe you notice it, i know you are busy, but im persistent.

You never said how you started with 4k …..lol. You had to pay something for the first properties.

I don't believed any of these. No way you can make $2M a year, not possible.

what kind of landlord lets his tenant airbnb his property.

I'm a top preforming Realtor in Philly. Would love to help you find investment deals for your business. Let's find time to talk a out your needs to grow you Philly sector!

Still doesn't explain how you made millions from 4000.

Sooo 13 minutes just find out the secret is to just buy more properties. wow

Notice how he at one time says $3000 and then $ 4000 to start. Sounds fishy doesn't it?

PURE GARBAGE 😏😴YOUR MATH IS NOT EVEN ACCURATE 👉👀 🏃🏃🏃

Total bullshit x 5.

A lot of talking about nothing 🤦‍♂️

How to get rich quick while no one can afford the damn rent. YOU ARE THE PROBLEM......GREED