Why would landlords agree to rental arbitrage when they could earn more if they listed the vacation rental property themselves? There are 4 major concerns that landlords have with the business model, and if you can provide them with a solution to this, then you might convince them to seal the deal. There are over 564 promoted video and photo success stories on the official site. Students of BNB Formula have generally received the training positively. If you consistently booked 20 days a month for an entire year, you would've earned $13,800 in profits. Take away your $1,650 rent plus $200 for utilities, and you keep a profit of $1,150. If you booked 20 days in a month, you would have earned $3,000. If you charge $150 a night, you only need to book 11 days out of the week to cover your rent. The average hotel price in the U.S. is $150. As we can break a year down into 30 day chunks, this comes to $55 a day for rent. Now you need to calculate how much you spend daily on your monthly rent. This is an example of a traditional rental investment. If your landlord has a $1,200 mortgage on the property, he makes a $450 profit by collecting your rent. Let's say you rent a property for $1,650 a month. In 2022, the average rent in the US for a one-bedroom apartment is $1,659 a month. Here's an example based on average prices throughout the United States: The reason some dismiss his legitimacy is that people often want to sign up for mentors who have splendid success themselves, so they ask why Brian would sell a course on rental arbitrage when he said only makes 6-figures. While many have seen this as a negative, keep in mind that rental arbitrage is not the only type of business that Brian invests in. Controversiesīrain makes 6-figures from Airbnb arbitrage and yet makes 7-figures selling his Airbnb course. While Brian is a well-known figure in the real estate industry, having been endorsed by some of the biggest names, there is some controversy surrounding his business. The series shows some methods that Brian uses in the training course. The show is a competition between a handful of his students to see who could build their business first. This private real estate fund offers accredited investors wealth protection and growth through multi-family buildings.īrian has a short web series called House Hackers. The goal of the club is to forge high-level connections in order to provide funding for those who are tackling the world's most critical problems.īrian founded The Page Fund in 2021. Only private members may take part and membership is selective and only available by invitation. The Medici Society is a charitable social club for extremely wealthy people. Today, the company has a revenue of over $5M and the course has over 25K students in 47 countries.Īs an active philanthropist, Brian co-founded The Medici Society in 2020. In 2016, Brian founded Thought Axis, Inc., in which he launched the BNB Formula course and other products. After losing everything in the 2008 financial crisis, he returned to the real estate industry after learning about Airbnb. Brian Page is a real estate investor from Charleston, South Carolina, who started flipping houses in 2001, and has built residential houses and condominiums.
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