How House Hacking My LA Home Built $500K in Wealth

9.9K viewsPublished: May 20, 202415m 34sScore: 82
Getting Started
beginner
First Listing
Airbnb
ADU
Property Managers
Profitability

Summary

This video is a story about how the host house hacked his LA home with Airbnb, resulting in \$500K of wealth. He shares his journey of buying a home he couldn't afford, house hacking with Airbnb, and building equity by adding a tiny house to the backyard. The host shares his thoughts on investing in real estate, emphasizing that it is important to have the mindset of "how can I afford it?" and "don't overestimate the power of buying a home and renting out rooms to pay for the mortgage".

Related Videos

More from Getting Started

Greece Climbs Europe’s Short-Term Rental Rankings - GreekReporter.com

This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.

2 days agoGreece75
News article thumbnail
Ennismore CEO Plans More India Hotels After Mumbai Debut

Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.

2 days agoIndia65
Growth of short-term rental market slowing down - eKathimerini.com

The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.

2 days ago75

Curated by Learn STR by GoStudioM