How to pitch landlords on Airbnb arbitrage

0:00 in today's video I want to show you how I convince landlords to let me run their properties as airbnbs today I make $34,000 a month in cash flow from just seven airbnbs and all started from me subing my first property yes that's right I didn't even own it and in today's video I'm going to show you exactly how I convince that first landlord to let me run their property as a short-term rental and also how you can do the same so if you're new here my name is Preston I've been in real estate for over 7 years and I've tried everything from house hacking bird to traditional rentals but nothing has been as profitable or scalable as air beam Arbitrage now you're probably thinking okay Preston what even is air beam Arbitrage so let me break it down for you so air beam arbit when you rent a property longterm from a landlord they turn around and listen on Airbnb as a short-term rental so you're essentially becoming the middleman and if done right you can make an absolute killing but here's the thing you've been lied to about how easy this is because most gurus will tell you that you just have to find a property stop some furniture in it and then start printing money but in reality it doesn't work like that the key to success in airb Arbitrage is crafting an irresistible offer for landlords and today I'm going to show you exactly how to do that there are three main components to winning proposal number one they're going to give them steady income number two you're going to give them Professional Property Management and number three you're going to protect them against any Dam es so let's break down each one of these first let's talk about steady income this is what keeps landlords up at night they're worried about late payments Mis rent and vacancies so here's how you're going to solve their problem you're going to offer them full rent they're asking for plus a monthly bonus so for example let's say they're asking for $1,500 a month you can tell them okay you're going to pay them $1,500 a month plus an extra 100 bonus every single month so that's $1,600

1:19 guaranteed and you can even offer to pay them 5 days early can you see how powerful this is you're not just meeting their asking price but you're exceeding it and by paying early you're showing that you're reliable and professional next Professional Property Management see most land hate dealing with tenants repairs and all the headaches that come with owning a rental property I have 40 traditional rental units myself and I am the exact same way so you're going to tell them you're going to handle all the guest Communications you're going to provide monthly reports on the property's conditions with photos you're also going to coordinate any necessary repairs or maintenance so you're essentially giving them free property management typically they have to pay 10% of gross income but here you're doing it for free and making this 100% passive investment for them now you might be thinking okay but Preston won't I lose money on those repairs and the answer is no because you're not paying for them you're just coordinating them cuz the landlord is still going to cover the cost cuz they're the owners but by handling the logistics you're taking a huge burden off their shoulders and lastly protection against damage this is the biggest concern that landlords have about short ter rentals they're worried about parties damaged furniture and Nightmare guests here's how you're going to address this you're going to tell them you have strict systems in place to prevent parties and property damage such as thorough guest draining you're also going to tell them you install noise detectors around the property to regularly track decb and in the worst case scenario the airb platform where you're going to be putting your property as a short tental has a 2 million doll liability insurance policy that's going to take effect now let's put it all together here's what your pitch might sound like hey landlord my name is Preston I have a business proposition for you I run a successful vacation management company and I'm interested in leasing your property at address I'm offering a 2-year lease at $1,600 per

2:36 month that's you're asking rent of $1,500 plus a $100 monthly bonus I'm also even going to pay you 5 days early every single month guaranteed I'm going to handle all the property management including guest Communications and coordinating any necessary repairs your property is going to be professionally clean two to three times per week insuring is always going to be in top condition and to protect your property even further I'm offering a $2 million liability insurance policy we have strict systems in place to make sure that we prevent parties and property damage my goal is to make this that easiest most profitable rental experience you've ever had would you be open to discussing this further if you craft your message correctly this can be an incredibly compelling offer you're not just asking to rent their property out you're offering them a comprehensive package that addresses all their concerns and then some now I know what some of you guys might be thinking but Preston won landlords just say no to airb be some will but remember it's a numbers game if you can show a landlord how they're going to make money with less hassle many will say yes now others might be thinking well this sounds great but I don't have any experience with airbn beam and that's completely okay because everyone starts somewhere what matters is that you have a solid plan and the willingness to learn and I know there's going to be some naysayers out here thinking well no landlord would ever let you sub leas their property as an Airbnb to that I say okay well Mr genius then why do you have a job right because in most cases your boss could clearly do the job themselves so why are they hiring you and the answer is simple expertise time and specialization and here's the thing most landlord especially the M pop type that we Target have no idea how to run an Airbnb or frankly they don't have any passion to pursue it it involves new variables that they're not aware of and that's where

3:53 you come in to fill that knowledge Gap because remember real estate investing at its core is about passive income most landlords would prefer 100% passive income stream rather than trying to outsmart you or learn a whole new business model if you're able to match that expectation on their end providing them with steady passive income without all the headaches that's everything that they could ever ask for a more because think about it you're offering to take a property that's currently generating let's say $1,500 a month and you're turning into a hands-off investment that pays up $1,600 per month plus you're handling all the day-to-day operations the guest Communications potential issues and for many landlords especially those who aren't techsavvy or don't have the time to manage herentals this is an incredibly attractive proposition and keep in mind not every landlord is after the return on investment metric most will take a bit less if it is high on their return on time metric so next time someone tells you that no landlord will agree to this remember this you're not renting their property out you're offering a valuable service leveraging your expertise to create a win-win situation and trust me there are plenty of landlords out there who are more than happy to say yes to this kind of deal now that I giving you the framework for crafting a winning proposal there's a lot more to running a successful Airbnb Arbitrage business that's why I put together a comprehensive Workshop that's going to Deep dive into all the aspects of this business model in this free training I'm going to show you my exact process for finding profitable properties how to calculate the right rental offer all the legal documents you need to protect yourself I'm also going to go over real case studies of successful deals including one where my student is making over $4,000 per month from a single property so if you're serious about starting or growing your air barbershops business click the link in the description to watch my free

5:09 training right now and remember in today's competitive market you need every Edge you can get by crafting a proposal that offers landlords steady income professional management and protection against damage you're positioning yourself as the ideal partner don't forget to sign up for the free training to learn all the details the link is in the description thanks for watching and I'll see you in the next video