Make a profit with Other Peoples Money #airbnb #balancetransfer #creditcard

855 viewsalmost 3 years ago0m 58sScore: 78

Jorge Contreras | Airbnb Arbitrage

Pricing & Profitability
intermediate
Arbitrage
Profitability
Expenses
Revenue Management

Summary

In this video, Jorge explains how to use balance transfer credit cards to fund an Airbnb arbitrage business, paying for initial expenses like deposit, furniture, photography, and decor. He highlights a scenario where $15,000 is used from a balance transfer card and the resulting $2,000/month profit from the Airbnb property repays the $15,000 balance in 7.5 months, showcasing how to utilize 'other people's money' (OPM) in the STR business.