Here's An Example...
Here are the 2 paths to acquiring an Airbnb with an example price of $300,000
Option A - Traditional Expensive Path
- 20% downpayment + 5% for closing costs, realtor fees, etc
- 7-8% interest
- Must go through a bank, credit checks, tax returns, takes 3 months, etc
- Plus retail furniture $15,000
This would come out to approximately $90,000 AND with no guarantee the property has been fully comped and will work on Airbnb.
Option B - Creative Camp Path
- 10% entry fee (covers everything)
- 3% interest
- No bank and can close in less than a month
- Wholesale furniture $8,000
This would come out to approximately $38,000 AND we will find you a fully comped property
More REAL WORLD Creative Deals
🏠 Austin, TX
- Purchase Price: $440,000
- Interest: 3.375% Instead of 8%
- Mortgage: $2,497/mo. Instead of $3,419/mo. (almost $1,000 MORE)
🏡 Houston, TX
- Purchase Price: $410,000
- Interest: 3% Instead of 8%
- Mortgage: $1,900/mo. Instead of +$3,000/mo.
- EXTRA Cashflow: $12,000/year
Real Deals That Students Have Locked Up
Creative vs. Traditional
Albuquerque, NM
- Purchase Price: $950,000
- Mortgage Balance: $681,541
- Entry Fee: $89,000
- Interest Rate: 0% interest for 10 years
- PITI: $5,741.12
- Seller Finance Payment: $505.69
- Projected Cash on Cash Return: 25%
Santa Cruz, CA
- 3 Bedrooms, 2 Bathrooms, 1,972 Sqft, Built 1971
- Purchase Price: $611,506 (Seller purchased for $650k May 2022) -- ARV: $750,000
- Mortgage Balance: $575,763
- Interest Rate: 5.5% Instead of 8.5%
- PITI: $4,450.31
- Projected Cash on Cash Return: 20-30%
Sevierville, TN
- 2 bed/2 bath + Loft, 1,302 sqft Built 2001
- Brand new hot tub + new AC
- Purchase Price: $612,500
- Entry Fee: $67,500 (9%)
- Interest Rate: 5%
- PITI: $3,509
- Projected Cash on Cash Return: 25%
- (Seller Financed Equity: $37,375 @ 5%)
La Porte, TX
- Purchase Price: $282,000
- Entry Fee: $22,500 + CC
- Interest Rate: 5.25%
- PITI: $2,519
- Projected Cash on Cash Return: 20-30%
Houston, TX
- Purchase Price: $282k
- Entry Fee: $22.5k + CC
- Interest Rate: 5.25%
- Projected Cash on Cash Return: 25%
I Had Some Humble Beginnings on Airbnb…
Now I get so excited waking up every day knowing I get to create a new stay or new experience for people– that means something to me. And I get paid to do it because people like staying at my places. It's through this business that I found myself as an entrepreneur and creative, and I want you to have the same opportunity.
- That day you make your first listing…
- Get your first booking...
- Read your first 5-star review...
- You’re going to feel very, very proud of yourself.
You’ll remember that day for the rest of your life!
I definitely do.
So, are you ready for it? I’m ready to give you all the tools I can to get you there. So how about we do this thing—and I mean reeeeally do this thing. Let's build something special, together.
How Much Our Students Are Making
