"Hello, Adam! For today's check in we will meet at the corner of Lake and Divine street right by my residential building -- and there, I will provide the keys and the house rules,” said Justin, my very first Airbnb host to my very first Airbnb.
On god, had I brought my mom to the check in process, she would have mistaken it as a drug deal.
But that is the thing with Airbnb.
These drug deal like check ins are not uncommon at all. In fact, I can assure you every check in process in any major city such as San Fran, NYC and LA would be this sus – and this is especially true if you booked one of those luxury high rise pent house jawns.
The reason behind this is easy.
Every major city is filled with scammers. Just kidding.
The truth is, majority of these big cities are currently in an ongoing war between hotels and airbnb hosts of primely located luxury residential buildings. Many of these hosts are monetizing the shit out of these vacant residential buildings, getting a crap ton of all available two bed-two-bath units, and arbitraging the fuck out of the rent prices.
here's how i specifically did it, whicihby scooping several units in different buildings within downtown and listing them on , consequently inflating the price cresendo to a whole new level for these already rising hotel and rent prices.
So what had been mandated to the propert managers of these luxury buildings is this one big idea of now allowing the tenants to post their units into, not just AirBNB, but ANY house-sharing websites ... and it has been like this for several years now… and I really do not think it will be allowed any time soon.
Fast forward to a year later, I decided to give my eNtREpEeneUral~~~route a go, so I hired a real estate broker and picked out my very first property to AirBnb out of.
And not even two weeks later, I am texting those same words to white girl Carly and her group of five girlfriends from bumfuck Oklahoma.
The rest was history.
I can now firmly say, as an airbnb super-host myself, I know exactly the bare minimum effort and money it takes to satisfy a guest and acquire their kind, yet crucial, 5-star reviews.
See, prior to monetizing the hell out of the Airbnb hosting game, I was once a guest going through the overly sus check-in process to stay at one of Chicago's hottest residential buildings.
Prevent eye-contact with the doorman; do not talk to the residents; god forbid letting the words air bnb out of your mouth. Host? What Host? That's my best friend!
With a quick down-payment of only $1,000 at the local bottom tier furniture shop and a credit card swipe of $550 at Costco allowed me to get my $5,000 per month generating "real estate" business running.
And that’s the thing with the airbnb game, you don’t really need too much up front money and it's so, so easy to go around
Because when you got these tier 1 finishings, floor to ceiling windows, stellar views, and the plethora of amenities, then honestly these god dam burb kids got nothing to whine about.
It was not hard for me at all to generate quick $$$ because my building gave me 3 months rent-free... for 3 MONTHS!
Non the less, all my airbnb money for 3 moths was pure profit == GUCCI MONEY