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Spencer & Ashley: Quitting 9 to 5 to Build an Airbnb Empire
Manage episode 341639965 series 3362360
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I've been on the hunt to learn as much about short-term rentals and Airbnb investing as possible. After getting connected with Spencer and Ashley, I immediately knew there were no better people to learn from.
Since 2018, they have accumulated 6 Airbnb properties, both in the Niagara region and in the US. They also manage over 60 properties for other Airbnb investors across the country.
Their top grossing property in Niagara does $180-$200k per year, which nets them about $60k per year.
I tried to get into their detailed processes and criteria from evaluating properties to purchase, and everything in between to get them listed.
We discuss many topics, including:
- The specific criteria they look for in properties
- How they differentiate their properties
- The importance of focusing on top-notch guest experience
- By-laws in Niagara that investors should be mindful of
- The costs involved to furnish an Airbnb property
- How much profit they make on their properties
- What's required to purchase properties in the US
Follow Spencer & Ashley on Instagram: https://www.instagram.com/spencerandashley/
Spencer & Ashley's Airbnb Property Management company: https://www.instagram.com/travelluxepropertymanagement/
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