Make a profit with Other Peoples Money #airbnb #balancetransfer #creditcard
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.
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Curated by Learn STR by GoStudioM