Valuable Pointers For Airbnb Arbitrage Earning Potential
Humza Zafar joins the show to help us realize Airbnb arbitrage's potential to generate a higher level of cash flow, how it stabilized his finances, and tips on analyzing the best markets for this niche. We'll also cover renovation cost-reduction techniques focusing on tenants' needs. So, tap into this week's episode to gain another perspective on the arbitrage business!
Key takeaways to listen for
How much does it cost to start an Airbnb business
Expected monthly earnings from an Airbnb arbitrage unit
When is the best season to start rental arbitrage
Why you should maximize the corporate cap in your arbitrage deals
Canada vs. USA: Differences in terms of taxation and regulation
Risks involved in the Airbnb arbitrage business
Resources mentioned in this episode
About Humza Zafar
Humza Zafar graduated from the University of Windsor in Ontario with a bachelor's degree in electrical engineering. Before entering the real estate industry, he worked as an electrical controls engineer at Philadelphia International Airport. His goal was to generate passive income and become financially independent within a few years.
Zafar had purchased his first real estate property, a duplex in his hometown of Windsor, Ontario, by November 2019. He then rented out the two duplexes as student cohousing, where each student paid per room per month. He wanted to offer rentals through Airbnb after realizing its cash-flow potential.
In 2020, he became an Airbnb host. And since then, he has grown it significantly and now rents 130 properties across the United States, which he then sublets on Airbnb, a practice known as Airbnb arbitrage. He hopes to have 180 properties by the end of 2022.
Connect with Humza
Instagram: @humzazafarbnb
Tiktok: @humzazafarbnb
YouTube: Humza Zafar
Sponsors
Bonavest Capital
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