This is How to Make Money in 2022 Without Owning a Property. Read the story below and take action.
A few years ago We asked a friend Celeste, who is a personal chef, how she could afford living in downtown Manhattan.
Her answer surprised us.
“Having two apartments” she said.
She lives in one and a rents a second on AIRBNB.
The income she collects from AIRBNB each month pays all her expenses on both apartments and gives her extra spending money.
Didn’t think much of it until recently.
We met a guy that teaches people how to make money on AIRBNB…without owning property.
His story is fascinating.
It started when his roommate moved out of the apartment they shared. On a fluke, he posted his spare bedroom for rent on AIRBNB.
But his credit scores were in the crapper after going through multiple foreclosures.
Not to mention he was nearly broke. His circumstances didn’t stop him.
He quickly found a one bedroom apartment about a block away from where he lived.
He met the owner and signed a lease. He even got her approval to fill the apartment with “short-term guests.”
The first month he broke even.
The second month he made a net profit of $1,600.
With two units on AIRBNB he was now netting over $3,000 a month on properties he rented.
That’s when it hit him…
If he got just one more apartment to rent on AIRBNB he could quit his full- time j.o.b.
He quickly found a third apartment. But it wasn’t furnished like the first two.
So he became an expert on furnishing apartments “on the cheap” using Craigslist and garage sales.
The first month his third apartment made an $800 net profit. The second month it earned over $1,800 net profit.
He then quit his full-time-time j.o.b. and started looking for his fourth apartment.
Remember, he wasn’t buying properties. He was renting them.
His fourth rental was a two-bedroom apartment. It needed to be painted.
The owner wasn’t willing to paint so he spent $300 in paint supplies and painted the entire apartment over a weekend.
It paid off.
That apartment netted him over $2,000 the first month.
And still to this day nets him between $2,200 and $2,500 a month. So he kept adding more properties.
His first six months as an accidental host on AIRBNB he earned $117,864 in net profit on four properties he didn’t own.
And his first full year in business he earned $301,318. Today he teaches people how to follow in his footsteps.
