Kevin Anderson II was always selling something growing up. Gum, weed (but that doesn’t leave this page), iPhones. Then he got into Shopify dropshipping. And finally, short-term rentals. Airbnb, Vrbo.
Now he’s doing over $2 million a year. Not bad for a guy who, just a few years ago, was working for the city, lucky to pull in $3,500 a month. Now he does that in a day.
So pour that in your beer bong and chug it.
Read on for Kevin Anderson reviews.
“What I’m doing specifically is called short-term rental arbitrage,” Kevin explains. “It’s this idea of taking an asset, a property, from one market to another, and being able to make a margin from that transfer of markets. And in this case, you don’t own the asset.”
“So we go into an apartment building that wants long-term tenants, we sign that lease with them, but then we take it to the short-term rental slash vacation rental market. Which is a whole nother ball game. You’re renting it out by day, by week,” he says.
It’s something anyone can get into. Kevin had zero real estate experience when he got started. He’s since taught his mom, his sister, some of his buddies, and now hundreds of students from all different walks of life.
It’s simple, straightforward.
Find property, get it under lease, furnish it, list it on Airbnb. From there, the platform takes over and gets you bookings.
If you can, start with a single family home. You can typically fit more people in a home, which means you can charge more, too.
Of course, you could even just rent out your spare bedroom if ya just wanna dip your toe in the Airbnb waters.
But once you get your first listing live and it’s making you money, from there, there’s so many ways to scale.
Nowadays, people are renting out not just homes and condos and apartment units, but tents, RVs, frigging treehouses, you name it.
But say you’re gonna start with arbitrage and you wanna follow Kevin’s lead and do it with apartments.
How do you get a landlord to agree to this?
Head over to Realtor.com or Zillow or Facebook Marketplace, find landlords who’ve listed apartments for rent, jot down their contact info, and start hitting ’em up, Kevin says.
And then you pitch your business model. There’s a right and a wrong way to do it, obviously, so you better make sure it’s dialed.
You wanna cater to their pain points. So turnover, late payments, tenants who’re hard on the property and/or high maintenance, and so on and so forth, right? You wanna explain how these things vanish with you.
Here’s how that might sound:
“Um, yes, Mr. Landlord, I’m willing to sign a five year lease. You’ll never have to worry about my rent not being paid. In fact, you’ll have my check a week early every month.”
“Oh, and I’m happy to commit to a yearly increase right now, what with inflation and all.”
“And since my business relies on the property being tip top, rest assured, I’m gonna keep it that way. My team will check on it often, and it’ll be professionally cleaned as soon as someone checks out.”
“And you’ll literally never hear from me.”
“How’s that sound?”
Pretty good, right?
Kevin has a step-by-step course, sales scripts, objection handling documents, P&L statements, operations manuals, profitability calculators, checklists, live coaching calls, a private support group, and more inside his AirBnProfits Academy program.
Right now, he’s offering a free 14-day trial. After that, if you like it, do nothing and you’ll be billed $47 a month. Cancel anytime.
I’m guessing there are more expensive upsells after you join.
Kevin’s cool, great pitch, but I’m way too spoiled with digital real estate.