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Welcome back to another episode of The Richer Geek Podcast. Today, we are joined by Daanish Azim, who built a $60K/month Airbnb business without owning a single property. He lost everything in 2022, took a chance on one rental unit, and turned it into a small empire. Now he teaches others how to do the same through Airbnb arbitrage.

In this episode, we chat about…

  • What Airbnb arbitrage is and how it works

  • Why getting property owners' permission matters

  • How to check city rules and avoid issues with regulations

  • Funding the business using 0% business credit cards

  • What today's Airbnb market requires: staging, photos, pricing, and systems

  • Why some people need coaching and others don't

Key Takeaways:
  1. You don't need to own real estate to start an Airbnb business

  2. Local rules matter, always check city regulations and HOAs

  3. Most units need proper staging and pro-level photos to stand out

  4. You can fund furniture using 0% business credit cards instead of cash

  5. Owners want three things: rent on time, low stress, and legal use

  6. Many beginners fail not from lack of information but lack of guidance

  7. Focusing on one business for at least a year builds real results

Resources from Daanish

Instagram | BNB Cashflow

Resources from Mike and Nichole

Check out our latest project here: Barcelona Hotel Fund

LinkedIn | Gateway Private Equity Group | Nic's guide

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103 episodes