How to Buy Your First Airbnb in the Next 90 Days

The Real Estate RobinsonsApr 18, 202316m 27s10.3K viewsScore 85
Getting Started
beginner
first Airbnb purchase
90-day plan
market selection
deal analysis
funding
M

Summary

AI-generated

This video provides a 90-day action plan for aspiring Airbnb hosts to buy their first property, even with no prior real estate experience. It breaks down the process into four phases: market selection, funding, deal analysis, and closing, offering actionable steps for each stage.

Key insights

  • Cash-on-cash return is calculated by dividing the annual profit by the total acquisition costs (down payment, closing costs, furnishing). A 25% cash-on-cash return is mentioned as an example.

Mistakes to avoid

  • Waiting to start rehab or design work until after closing can lead to properties sitting vacant for weeks, delaying the start of revenue generation.

Tools & resources

  • Alpha Host Academycourse

    The Alpha Host Academy is an Airbnb coaching program offering lifetime membership during beta, including one-on-one coaching and three weekly group coaching calls.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial