This Single Apartment Makes Me $40k Per Year

6 viewsPublished: April 6, 20240m 48sScore: 78
Pricing & Profitability
intermediate
Arbitrage
Profitability
Revenue Management
Pricing Strategy

Summary

In this video, the host discusses how he rents a 35 square meter studio apartment with a view of Bondi Beach in Sydney, Australia, and then rents it out as a short term rental. After covering costs, the host profits $40,000 per year from this strategy and uses this money to buy his own properties. He earns more off the STR than the owners do, even after they pay their mortgage.

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