All Forum Posts by: Asan Dixon

 Thanks Nathan! I’ll have to look into this. Is there anyway for people to get involved in the decisions being made. 

 I live in Cincinnati man not Fort Lauderdale. I’ve also stayed in Airbnb’s here that are booked for months and they’re not any nicer that my personal home just a few more conveniences.

I get what your saying about a vacation rental though. However, I know me nor my partner aren’t the type to half *** anything either, especially when the aesthetics are going to be a large factor in getting booked. Everyone else on here seems to be pretty smart too.  

 Good Points! I thought about making some kind of excel spreadsheet or even just a list on amazon I can save that way every time I acquire a new property I can go in there and basically have everything ready to go. Just hit buy and ship.  With exceptions to furniture and decorations I could try to make that side as easy as possible and as a result make at least some of it the same cost across all properties. If I have two bathrooms I can order double of the bathroom needs, everything to properly equip a kitchen, etc.  That way I can know exactly to a T how much those things will cost. 

That’s my idea going into it. I know every once in a while you can get decent furniture second hand that will be nice enough to use but in the event I can’t find something I will have to buy it outright and that’s a variable that will be harder to be calculated. 

Thanks for the input, overall I don’t live in a very expensive market. I’ve done some market research and the average is in $130/night. So I have that at least to go off of when choosing the right prices properties. If I can net 1500-2000/month(with startup/acquisitions cost divided amongst the month of the lease)  I think I should be able to scale fairly quickly. 

@Ethan Cooke So you primarily target sf owner or mf owners then? 

Do they always require a full rent deposit? For example the apartments I live in now had a deposit of about $400, although my rent is higher than most rents. I wonder if there is anyway to negotiate this. That would save so much money. I mean considering your offering to pay early and also keeping up with maintenance and small repairs and even updating then the deposit seems kind of unnecessary. 

Thanks for the insight though, sounds like your market is a little higher in general but I’d love to hear more. 

Do you do all of your work through Airbnb? 

@Ethan Cooke Yeah man to be honest what your saying is completely contrary to what I’ve heard. I’ve whole saled properties and people don’t even spend 20k rehabbing units (at least not where I live) I don’t see how furnishing an apartment would be that much. 

I’m not sure if we’re talking about the exact same thing. The few people that I’ve heard talk about this day their start up cost are in the 5-10k to acquire a unit and furnish it. 

Obviously you guys have more experience than me so I’m not doubting you at all but that’s completely contrary to anything I’ve heard. So I’m curious on your insight or to see if we’re even talking about the same thing lol. 

 @Cheryl Vargas ive seen him before. if im not mistaken he buys most of his properties right? Actually the guy i took inspiration from does it, I'm not sure if it's a management type thing How you were doing it I think what he does is open up an llc As a corporate apartment For employees.  Im still trying to figure it out and I actually plan on getting on a call with him. As far as i can tell it works, in one of hid videos he talks about how he got 8 units in the same complex. Think he said he has a million or two in rent every year and is scaling into new cities. Here is his youtube, he seems legit. I have no reason to doubt what hes saying just gotta figure out how he does it lol. https://www.youtube.com/watch?v=_xRoEXcVDow Check him out let me know what you think!

@Account Closed Exactly! Thank you and i will! I see You're in Atlanta And I'm actually planning on going there next month for a few days, if you have any airbnbs let me know.

@Cheryl Vargas Yeah I think that's going to be Our first course of action. Single family Will be Easier to target But the real challenge will be With The big Apartment buildings. we both have a background in sales and marketing So I know if we come to them With some main points about how it will benefit them, we should be able to make it work And it sounds like you have as well so There is some proof in the pudding !

Thank you @Paul Sandhu @Ethan Cooke @Jason D.
Taking all of this into consideration!

My buddy and I are looking to get into rental arbitrage with Airbnb. I've heard a lot specifically about leasing properties through an LLC and then using it on Airbnb. I know you can do it but unsure how exactly to go about it. I think dealing with single family or even MF property owners would be a little easier as we can sell them on the idea in a sense but what about with the large apartment complexes. Were we live, downtown would be the best place however there are a lot of higher end apartments that I think would go really well on airbnb surrounding the city as well. Summer is coming up and we have two sports stadiums down town. Anyone have any experience with this? Theres a guy on youtube I've been watching who is apparently very successful doing the same thing but hes never gone exactly into the details on how to acquire properties from big developments. TIA!