Shaun and Ari share how they’ve started and scaled their 7-figure Airbnb business and quit their 6-figure full-time jobs in the process. Insights include how to overcome obstacles associated with running an Airbnb business, how to position yourself for success, and more!
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👋 WHO IS TOM WANG?
Author of The Simple Path To Amazon Wealth: I reveal my entire step-by-step system to launch products on Amazon in one easy-to-read book.
Tom Wang is 3-times college drop-out turned serial entrepreneur based out of Vancouver, Canada. After many years of struggle, Tom co-founder of Sdara Skincare with his girlfriend which they sold for multiple 7-figures. Today, Tom is an active investor in e-commerce brands and is also the founder of FBA Masterclass – an industry leading community of over 3,400+ Amazon Sellers and growing.
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🕒 TIMESTAMPS
0:00 Introduction
4:25 Airbnb interview: Introducing Shaun & Ari
16:37 How to pitch to a landlord to put their property on Airbnb
19:17 What’s an Airbnb niche offering and why do you need it?
23:42 Municipal regulation on Airbnb
28:19 What are the best cities for Airbnb?
36:50 Q&A – How to deal with “crazy tenants”
41:10 Q&A – How do you manage a property that isn’t nearby?
47:20 Q&A – What’s your percentage split between rental arbitrage, management and ownership?
49:32 Q&A – How much should you charge for a niche property?
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