Ready to leave your W-2 job?
Summary
The host shares his journey from zero to over 20 short-term and mid-term rental properties, emphasizing the importance of reinvesting all income back into the business for the first four years. He advises against relying on rental income to live on initially and suggests maintaining a W-2 job until a consistent passive income of $10,000/month from properties is achieved. He also discusses how co-hosting and rental arbitrage are useful for scaling a rental property business.
More from Growth & Marketing
Airbnb is encouraging Seattle residents to host during the summer World Cup, aiming to capitalize on the expected influx of tourists. This initiative aims to increase the availability of accommodations during the event and potentially boost host earnings. Hosting can provide a significant income opportunity for Seattle homeowners and residents during the tournament.
Airbnb is incentivizing new FIFA World Cup hosts in Canada with a $1,000 bonus. This initiative aims to increase the number of available accommodations during the tournament. This represents an opportunity for prospective hosts in Canada to capitalize on the influx of visitors expected for the event.
Airbnb is launching new host incentives ahead of the FIFA 2026 World Cup, offering opportunities for hosts in Mexico. This initiative could potentially boost bookings and revenue during the event. Hosts should investigate these new incentives to potentially increase profits from their short-term rental properties.
Curated by Learn STR by GoStudioM