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3 Airbnb Business Models Explained with Pro's Con's and advice. What's the best model for you? Comment below! WATCH OUR FREE TRAINING HERE: https://bnbfastlane.com/ftyt In this video we discuss the 3 main models of Airbnb Business: 1. Airbnb Co-Hosting 2. Airbnb Arbitrage Business 3. Airbnb Management Company Overview of Co-Hosting: Co-hosting involves collaborating with a property owner or another property manager to manage their Airbnb listing. Essentially, you're assisting them in hosting the property, this may include guest communications, check ins/outs and organising cleaning/maintenance for example - but the primary Airbnb account remains under their control. Overview of Rental Arbitrage: Rental Arbitrage in a nutshell is signing a rental lease with a homeowner with the approval and intention of renting it as a short term rental. It’s a fairly simple concept to understand, you rent the property from a homeowner on a long-term lease for slightly above market rate, furnish it, rent the home and collect the difference between the total income and your expenses. This business model has unfortunately been done to death by youtube gurus for almost 10 years now. Overview of Short Term Rental Property Management Creating a STR management company was the method we used to go from $0 and 0 listings to managing over 60 properties in under 2 years and producing over 2.5 million in total booking revenue in 2023 alone. How we did this was instead of signing leases or trying to “co-host” other people’s properties, we created a legitimate company whose speciality was Short Term Rental. Also known as a vacation rental management company. In our city of Gold Coast, Australia, there is a huge tourism industry - you can compare Gold Coast with say Miami in the US or the coastal areas around it which see huge amounts of tourism. It’s warm all year round, amazing beaches, multiple major theme parks, bars, restaurants, the casino, basically everything you could want in an “Airbnb” location. Hotels obviously can’t keep up with demand and big families or groups rarely want to share multiple hotel rooms. Instead savvy guests know they can rent a large 4 or 5 bedroom waterfront mansion with a pool and enough space for everyone and still pay a similar or sometimes lower price than multiple hotel rooms. Now, a lot of wealthy property investors buy holiday homes in these areas and let them sit for 11/12 months of the year. This is where we found our “Ideal Client Avatar” (which we’ll get into in another video). Our company specifically looked for these owners (among others) and rented their holiday homes for them, handling absolutely everything - a complete “hands free service” - they carry on with their lives and each month they get thousands of dollars dropped into their bank account while their house gets professionally cleaned and maintained year round. Then, when they want to come to escape winter in their state or use the property, they block their time to stay there on the booking calendar, enjoy their property, we clean it at the end and then it’s ready for the next guest. Sounds simple enough, and honestly once you get your systems dialled in, it really can be. The homeowner hands you the keys, the house is already furnished, it already has everything needed to host stays (besides a few extra bits you may need to get), all you need to do is get professional photos, get it online and get BOOKINGS rolling in! AIRBNB BUSINESS HOW TO AIRBNB AIRBNB ARBITRAGE AIRBNB CO HOSTING AIRBNB MANAGEMENT BUSINESS AIRBNB TIPS