At AirHost Academy we strongly recommend splitting your first property with another investor. There are a bunch of ways to get around this, but the most legitimate way to do so is to split a property with one or more friends. Investment properties typically require 25% down or more. You can start investing in Airbnb property, too!Ī lot of people are deterred from real estate by the requirements of a large down payment.

All it took was one house and being willing to take the leap! At just 27 years old we became real estate investors and started our journey towards financial independence, buying Airbnb property four times in a single year.

This trip would be a defining moment in our lives as we went from guests, and ordinary people working 9-to-5 jobs, to vacation rental business owners. We had a great experience staying in an Airbnb. I decided to take my girlfriend out of town on a weekend getaway, a few hours from where we lived. While I totally believed in the concept, buying Airbnb property hadn’t even occurred to me! Four years later, we were investing in Airbnb property!

It was really affordable, and staying in a private room allowed me to get advice from the host, a lifelong native of Los Angeles. I found a private room in Hollywood where I could stay while I worked out a more permanent living situation. Airbnb was gaining popularity and I found it in a Google search and decided to try it out. A hotel would have caused me to burn through my budget much too fast. When I got to LA, I didn’t know anyone and didn’t have a clue where I would stay. With all my belongings in my car, I was setting out to start a new life in the City of Angels. Ever since 2013 when I drove across the country from New England to Los Angeles. I was always a fan of the Airbnb concept.

Airbnb investing